Scope
Description
This ITT is for a three year contract to provide the annual financial audit services for Armed Forces Covenant Fund Trust, a charity and government Arms' Length Body.
Total value (estimated)
- £75,000 excluding VAT
- £86,250 including VAT
Above the relevant threshold
Contract dates (estimated)
- 1 April 2026 to 31 March 2029
- Possible extension to 31 March 2031
- 5 years
Description of possible extension:
Contract will include an option to extend for a further two years subject to audit committee approval.
Main procurement category
Services
CPV classifications
- 79212000 - Auditing services
Contract locations
- UK - United Kingdom
Submission
Enquiry deadline
15 August 2025, 11:59pm
Tender submission deadline
29 August 2025, 11:59pm
Submission address and any special instructions
Submissions to info@covenantfund.org.uk
See https://covenantfund.org.uk/work-for-the-trust/ for details
Tenders may be submitted electronically
No
Languages that may be used for submission
English
Award decision date (estimated)
27 October 2025
Award criteria
| Name | Description | Type | Weighting |
|---|---|---|---|
| Price | Price | 25% | |
| Financial Audit of Charity Sector | Proven track record as financial auditors in the charity sector, and understanding of the business and its environment |
Quality | 20% |
| Experience of Financial audit of public sector bodies | Experience of Financial audit of public sector bodies |
Quality | 15% |
| Experience of auditing in a fully remote environment | Quality | 10% | |
| Ability to provide technical advice and support | Including charity SORP updates and accounts templates as necessary |
Quality | 10% |
| Quality and continuity of staff allocated to the audit | Quality | 10% | |
| Audit approach | Ability to demonstrate that the audit approach is in acordance with published auditing standards, and evidence of quality assurance |
Price | 10% |
Other information
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Open procedure
Contracting authority
ARMED FORCES COVENANT FUND TRUSTEE LIMITED
- Companies House: 11185188
- Public Procurement Organisation Number: PLHN-1877-WRDN
3rd Floor, 3 Wellington Place
Leeds
LS1 4AP
United Kingdom
Email: info@covenantfund.org.uk
Region: UKE42 - Leeds
Organisation type: Public authority - central government