Contract

External Accounting Support for HfH/HCBS

  • London Borough of Haringey

F03: Contract award notice

Notice identifier: 2025/S 000-049005

Procurement identifier (OCID): ocds-h6vhtk-058898

Published 15 August 2025, 10:01am



Section one: Contracting authority

one.1) Name and addresses

London Borough of Haringey

7th Floor Alexandra House, 10 Station Road, Wood Green

London

N227TR

Contact

Eudine White

Email

eudine.white@haringey.gov.uk

Country

United Kingdom

Region code

UKI43 - Haringey and Islington

Justification for not providing organisation identifier

Not on any register

Internet address(es)

Main address

https://www.haringey.gov.uk

one.4) Type of the contracting authority

Regional or local authority

one.5) Main activity

General public services


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

External Accounting Support for HfH/HCBS

two.1.2) Main CPV code

  • 66000000 - Financial and insurance services

two.1.3) Type of contract

Services

two.1.4) Short description

Liaising with Council officers to obtain relevant information in providing various finance and accounting functions.

Supporting the budget setting process and support in developing the medium-term financial plan. Producing annual financial budget reports.

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: £120,000

two.2) Description

two.2.2) Additional CPV code(s)

  • 79211000 - Accounting services

two.2.3) Place of performance

NUTS codes
  • UK - United Kingdom

two.2.4) Description of the procurement

This is a service contract aimed at providing wholistic finance support to Homes for Haringey and Haringey Community Benefit Society (HfH & HCBS)

1. Overview of the Requirement

• Liaising with Council officers to obtain relevant information in providing various finance and accounting functions.

• Supporting the budget setting process and support in developing the medium-term financial plan. Producing annual financial budget reports.

• Supporting the quarterly forecast of spending and producing quarterly management accounting report to the boards of both organizations.

• Raising and processing journals, where required. Reviewing both companies' balances, including Income and expenditure -to facilitate informed financial advice to officers and board members.

• Regular bank reconciliations and intercompany balances reconciliations. Any other reconciliations required to ensure accuracy and completeness of financial information.

• Processing of journals- quarterly and raising of accruals at year end.

• Preparation and filing of VAT returns and ensuring that both companies' practices are compliant with VAT regulations.

• Prepare the corporation tax returns and file for the relevant company. Providing advice on taxation matters.

• Liaising with HMRC in relation to Tax/VAT matters for both countries.

• Liaising with IT, Finance, or any other team in the Council - to ensure that sound financial support/services is provided to both companies. Any ad-hoc financial information requested by senior officers or the board of both companies.

two.2.5) Award criteria

Quality criterion - Name: Quality / Weighting: 20

Price - Weighting: 80

two.2.11) Information about options

Options: Yes

Description of options

Contract is for 24 months with the option to extend for a further 12 months due to performance


Section four. Procedure

four.1) Description

four.1.1) Type of procedure

Award of a contract without prior publication of a call for competition in the cases listed below

  • Service contract to be awarded to the winner or one of winners under the rules of a design contest

Explanation:

This was done in line with the council's contract standing orders

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

The procurement is covered by the Government Procurement Agreement: No


Section five. Award of contract

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

14 August 2025

five.2.2) Information about tenders

Number of tenders received: 2

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

five.2.3) Name and address of the contractor

Teim Accountants

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
Teim Limited, England

08902142

The contractor is an SME

No

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

Total value of the contract/lot: £120,000


Section six. Complementary information

six.4) Procedures for review

six.4.1) Review body

London Borough of Haringey

London

Country

United Kingdom