Scope
Reference
W211082
Description
Provision of external audit services to the Trust, including examination of annual accounts and associated documents, and evaluating whether the Trust has established effective arrangements for achieving economy, efficiency, and effectiveness in its use of resources by verifying adherence to statutory obligations and best practices.
Contract 1. STH External Audit Services
Supplier
Contract value
- £690,000 excluding VAT
- £830,000 including VAT
Above the relevant threshold
Earliest date the contract will be signed
31 December 2025
Contract dates (estimated)
- 1 October 2026 to 30 September 2028
- Possible extension to 30 September 2029
- 3 years
Description of possible extension:
1 year optional extension
Main procurement category
Services
CPV classifications
- 79200000 - Accounting, auditing and fiscal services
Contract locations
- UK - United Kingdom
Other information
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Direct award
Direct award justification
Additional or repeat goods, services or works - extension or partial replacement
In prior years, the previous competitive procurement exercise was not successful and received no bids.
The audit market is known to be nationally problematic, and there are a limited number of suppliers who would be capable of supporting an organisation the size of STH.
We have undertaken a market review to assess supplier appetite and capability to deliver services under NHS terms and conditions.
Supplier
KPMG LLP
- Companies House: OC301540
- Public Procurement Organisation Number: PMGV-6254-LTTL
15 Canada Square
London
E14 5GL
United Kingdom
Email: psopportunities@kpmg.co.uk
Website: http://KPMG.CO.UK
Region: UKI42 - Tower Hamlets
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Contract 1. STH External Audit Services
Contracting authority
SHEFFIELD TEACHING HOSPITALS NHS FOUNDATION TRUST
- NHS Organisation Data Service: RHQ
- Public Procurement Organisation Number: PYZV-3517-VQCJ
Royal Hallamshire Hospital, Glossop Road
Sheffield
S10 2JF
United Kingdom
Email: rebekah.bradshaw@nhs.net
Website: http://www.sth.co.uk/
Region: UKE32 - Sheffield
Organisation type: Public authority - central government