Contract

External Audit Services

  • London School of Hygiene & Tropical Medicine

F03: Contract award notice

Notice identifier: 2024/S 000-032431

Procurement identifier (OCID): ocds-h6vhtk-043b22

Published 9 October 2024, 1:49pm



Section one: Contracting authority

one.1) Name and addresses

London School of Hygiene & Tropical Medicine

Keppel Street,

London

WC1E 7HT

Contact

Imoudu Idornigie

Email

Imoudu.Idornigie@lshtm.ac.uk

Telephone

+44 2079588328

Country

United Kingdom

Region code

UK - United Kingdom

National registration number

RC000330

Internet address(es)

Main address

http://www.lshtm.ac.uk

Buyer's address

https://uk.eu-supply.com/ctm/Company/CompanyInformation/Index/104519

one.4) Type of the contracting authority

Body governed by public law

one.5) Main activity

Education


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

External Audit Services

Reference number

LSHTM-2023-10

two.1.2) Main CPV code

  • 79212100 - Financial auditing services

two.1.3) Type of contract

Services

two.1.4) Short description

We are looking to appoint a supplier to provide External Audit Services in accordance with the Companies Act and relevant professional standards. We are seeking to put in place a new contract for four years, commencing in May 2024. As a higher education institution, we are required to carry out external audit of our financial statements for statutory compliance purposes. In addition to this we are also required to provide audited annual financial statements to our regulator, the Office for Students. The scope of service includes audit of the school’s financial statements and the subsidiary company financial statements, together known as ‘the Group’.

two.1.6) Information about lots

This contract is divided into lots: No

two.1.7) Total value of the procurement (excluding VAT)

Value excluding VAT: £701,700

two.2) Description

two.2.3) Place of performance

NUTS codes
  • UK - United Kingdom
Main site or place of performance

Central London

two.2.4) Description of the procurement

We are looking to appoint a supplier to provide External Audit Services in accordance with the Companies Act and relevant professional standards. We are seeking to put in place a new contract for four years, commencing in May 2024. As a higher education institution, we are required to carry out external audit of our financial statements for statutory compliance purposes. In addition to this we are also required to provide audited annual financial statements to our regulator, the Office for Students. The scope of service includes audit of the school’s financial statements and the subsidiary company financial statements, together known as ‘the Group’. There are a total of four subsidiary companies, of which three require an audit. Three subsidiaries are wholly owned UK subsidiaries (Chariot Innovations Limited, LSHTM Developments Limited and Sustainable Climate Impact Fund Limited). The fourth subsidiary is a non-trading Ugandan entity which is consolidated but does not require separate financial statements.

two.2.5) Award criteria

Quality criterion - Name: Quality / Weighting: 70%

Price - Weighting: 30%

two.2.11) Information about options

Options: No

two.2.13) Information about European Union Funds

The procurement is related to a project and/or programme financed by European Union funds: No


Section four. Procedure

four.1) Description

four.1.1) Type of procedure

Open procedure

four.1.8) Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: Yes

four.2) Administrative information

four.2.1) Previous publication concerning this procedure

Notice number: 2024/S 000-005384


Section five. Award of contract

Contract No

1

Title

External Audit Services

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

8 August 2024

five.2.2) Information about tenders

Number of tenders received: 4

Number of tenders received by electronic means: 4

The contract has been awarded to a group of economic operators: No

five.2.3) Name and address of the contractor

BDO LLP

55 Baker St

London

W1U 7EU

Email

publicsectorsales@bdo.co.uk

Telephone

+44 02078933029

Country

United Kingdom

NUTS code
  • UK - United Kingdom
National registration number

OC305127 (Company registration

Internet address

http://www.bdo.co.uk

The contractor is an SME

No

five.2.4) Information on value of contract/lot (excluding VAT)

Total value of the contract/lot: £701,700


Section six. Complementary information

six.4) Procedures for review

six.4.1) Review body

The Royal Courts of Justice

The Strand

London

WC2A 2LL

Country

United Kingdom

six.4.4) Service from which information about the review procedure may be obtained

London School of Hygiene & Tropical Medicine

Keppel Street

London

WC1E 7HT

Country

United Kingdom