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Tenders

External Audit Services

Closed
Deadline
0 days left
March 27, 2026
Contract Details
Category
Open Procedure
Reference
018913-2026
Value
£600,000
Location
Bedfordshire and Hertfordshire, United Kingdom
Published
March 19, 2026
Organization
CPV Code
Project Timeline

Tender Published

March 03, 2026

Deadline for Questions

March 20, 2026

Submission Deadline

March 27, 2026

Contract Start Date

May 31, 2026

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Budget
£600,000
Duration
60 months
Location
Bedfordshire and Hertfordshire
Type
Open Procedure
75
Quality Score/100
Good

Original Tender Description

B3Living is seeking to appoint an External Auditor to audit and express an opinion on its financial statements in accordance with applicable law and International Standards on Auditing (UK and Ireland) and the UK auditing standards (and related guidance) as issued by the Financial Reporting Council (FRC) for B3L and its subsidiary companies. Please note that the scoring criteria for this Tender has been changed and is reflected in the amended documents available for download from the Tender Portal. The scoring criteria will now be marked based on 40 marks for quality and 40 marks for the schedule of rates and charges.

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Requirements & Qualifications

9 requirements across 5 categories

Submission (3)
Mandatory (1)
Compliance (2)
Technical (2)
Financial (1)
SUBMISSION REQUIREMENTS3
--Bidders must download amended documents from the Tender Portal, which include updated scoring criteria.
--Scoring will be based on 40 marks for quality and 40 marks for the schedule of rates and charges.
--Bids must be submitted by the deadline: 2026-03-27T00:00:00.
MANDATORY EXCLUSION GROUNDS1
--No specific mandatory exclusion grounds are detailed in the provided text.
ELIGIBILITY REQUIREMENTS2
--Must be able to audit and express an opinion on financial statements in accordance with applicable law and International Standards on Auditing (UK and Ireland) and the UK auditing standards (and related guidance) as issued by the Financial Reporting Council (FRC).
--Must be able to audit B3L and its subsidiary companies.
TECHNICAL CAPABILITY REQUIREMENTS2
--Must possess the expertise to perform external audits of financial statements.
--Must adhere to applicable law and International Standards on Auditing (UK and Ireland) and UK auditing standards (and related guidance) issued by the FRC.
FINANCIAL REQUIREMENTS1
--No specific financial requirements are detailed in the provided text.

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Documents

No processed documents available for this tender.

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75
Good

Tender Quality Score

This tender for external audit services is generally well-structured with clear objectives and a disclosed estimated value. However, it lacks specific details on evaluation criteria and financial requirements, and the submission process could be more streamlined.

Score Breakdown

Legal Compliance75/100

The tender adheres to general legal compliance by specifying a CPV code, an open procedure, and providing a reference number. Deadlines are present, though the submission deadline might be considered tight given the complexity of audit services. No disputes are reported. The procedure is an open one, which is standard.

Clarity80/100

The description of the required services is clear, outlining the need for an external auditor for financial statements according to specific UK standards. The AI-extracted requirements also provide a good overview. However, the lack of explicit evaluation criteria beyond the general mention of quality and schedule of rates reduces overall clarity.

Missing evaluation criteria beyond general mention
Completeness70/100

Most basic information is present, including title, reference, organization, estimated value, and contract duration. However, the absence of content for the tender documents and the lack of specific financial requirements for bidders are notable omissions.

No document content available
No specific financial requirements detailed
Fairness85/100

The tender is an open procedure, promoting broad participation. The estimated value is disclosed, and the criteria for scoring (quality and schedule of rates) are mentioned, although the detailed breakdown is missing. There are no apparent requirements tailored to specific companies, suggesting a fair approach.

Detailed breakdown of scoring criteria not provided
Practicality65/100

The tender specifies a contract start date and duration. However, the lack of explicit mention of e-submission and the availability of a direct document URL are drawbacks. Financing information is not detailed.

No explicit mention of e-submission
No direct URL for document download provided
Data Consistency90/100

Key fields such as title, reference, organization, value, and dates are populated. The dates provided (submission deadline, contract start) are logically sequenced. There are no reported disputes or suspensions, contributing to good data consistency.

Sustainability50/100

The tender does not explicitly mention any green procurement, social aspects, or innovation criteria. It is not indicated as EU funded. This suggests a moderate approach to sustainability considerations.

No explicit green procurement criteria
No explicit social criteria

Strengths

Clear service description and objectives
Disclosed estimated value and contract duration
Open procedure for broad participation
Good data consistency in key fields

Concerns

Missing detailed evaluation criteria
No document content available for review
Lack of explicit e-submission and direct document access
No explicit sustainability or innovation requirements

Recommendations

1. Provide detailed evaluation criteria and weighting.
2. Make tender documents fully accessible with direct links or clear instructions for download.
3. Consider incorporating sustainability or innovation criteria if applicable.

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