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Tenders

External Audit Services

Open
Deadline
16 days left
April 13, 2026
Contract Details
Category
Open Procedure
Reference
015845-2026
Value
£156,000
Location
Wales, United Kingdom
Published
March 20, 2026
CPV Code
Project Timeline

Tender Published

February 20, 2026

Deadline for Questions

April 06, 2026

Submission Deadline

April 13, 2026

Contract Start Date

July 31, 2026

Budget
£156,000
Duration
60 months
Location
Wales
Type
Open Procedure
62
Quality Score/100
Good

Original Tender Description

This tender seeks to appoint an external auditor to prepare an annual audit plan, perform statutory audits according to accounting standards (SORP, UK GAAP/IFRS), express an independent opinion on financial statements, evaluate internal controls, identify improvements in financial practices and risk management, and provide assurance to the Audit and Risk Committee on the Association's financial management.

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Requirements & Qualifications

12 requirements across 5 categories

Submission (1)
Mandatory (1)
Compliance (1)
Technical (8)
Financial (1)
SUBMISSION REQUIREMENTS1
--Submission must be completed by the deadline: 2026-04-13T00:00:00.
MANDATORY EXCLUSION GROUNDS1
--(None explicitly stated in the provided text)
ELIGIBILITY REQUIREMENTS1
--The bidder must be qualified as an external auditor.
TECHNICAL CAPABILITY REQUIREMENTS8
--Ability to prepare an annual audit plan and timetable for discussion with the Executive.
--Ability to perform statutory audits in accordance with applicable accounting and auditing standards.
--Expertise in Statement of Recommended Practise (SORP) for Housing Associations.
FINANCIAL REQUIREMENTS1
--(None explicitly stated in the provided text)

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Documents

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62
Good

Tender Quality Score

This tender for external audit services provides clear technical requirements and essential timeline information, but suffers from critical omissions regarding evaluation criteria and the lack of accessible content for the attached documents, impacting fairness and clarity.

Score Breakdown

Legal Compliance75/100

The tender defines the procedure type and CPV codes correctly, and the timeline is reasonable. However, the absence of explicitly stated mandatory exclusion grounds and financial requirements in the AI summary, and critically, the lack of specified evaluation criteria, are significant concerns for full legal compliance and transparency.

No evaluation criteria specified.
Mandatory exclusion grounds not explicitly stated in AI summary.
Clarity60/100

The description of the required audit services and technical capabilities is clear and unambiguous. However, the critical absence of evaluation criteria significantly reduces the overall clarity for potential bidders, making it difficult to understand how proposals will be judged.

No evaluation criteria specified.
Completeness65/100

Basic information, estimated value, duration, and location are provided. While 5 documents are attached, the lack of accessible content for these documents and the missing evaluation criteria represent significant gaps in the tender's completeness.

No content available for the 5 attached tender documents.
Missing evaluation criteria.
Fairness50/100

The absence of evaluation criteria and the lack of accessible content for the tender documents severely undermine the fairness and transparency of the process. The lack of an e-submission option also presents a barrier to equal access, although the technical requirements do not appear tailored.

No evaluation criteria specified, impacting objectivity and transparency.
Lack of accessible content for attached documents.
Practicality60/100

The contract start date and duration are clearly specified, which is practical. However, the absence of electronic submission support is a significant practical drawback in modern procurement, potentially increasing administrative burden for bidders.

No electronic submission supported.
Data Consistency80/100

Most key fields are populated, and dates (submission, contract start, duration) are logical and consistent. Minor gaps exist in the 'Liable Person' field and procedure codes.

Some key fields (e.g., Liable Person, Type Code, Procedure Code) are not populated.
Sustainability20/100

The tender does not include any explicit green procurement, social, or innovation criteria. While this is an audit service, modern procurement often seeks to integrate sustainability aspects where possible, indicating a missed opportunity.

No green procurement criteria.
No social criteria.

Strengths

Clear description of required audit services and technical capabilities.
Essential timeline (submission, contract start, duration) and financial value are specified.
Appropriate CPV classification and NUTS code provided.

Concerns

Critical absence of evaluation criteria, hindering transparency and fairness.
Lack of accessible content for the 5 attached tender documents.
Absence of electronic submission option.
No explicit mention of mandatory exclusion grounds or financial requirements in the AI summary.

Recommendations

1. Publish detailed evaluation criteria to ensure transparency and allow fair competition.
2. Ensure all tender documents are fully accessible and their content summarized or provided.
3. Implement an electronic submission platform to enhance practicality and accessibility for bidders.

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