Published date: 29 July 2024

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 17 November 2023, 12pm

Contract summary

Industry

  • Accounting and auditing services - 79210000

Location of contract

South East

Value of contract

£0 to £500,000

Procurement reference

230504

Published date

29 July 2024

Closing date

17 November 2023

Closing time

12pm

Contract start date

8 January 2024

Contract end date

8 January 2027

Contract type

Service contract

Procedure type

Open procedure (above threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements above the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

The National Museum of the Royal (NMRN) are looking to appoint for for Accountancy and External Audit Services.

The Services are divided into two lots. Potential suppliers are invited to tender for one or either of the two lots. It must, however, be noted that in order to maintain audit independence, the two lots will be awarded to two separate companies. The lots are as follows:

Lot 1- Acting as External Auditors for the Subsidiary Companies and Trusts (£250k)

Lot 2- Statutory Accounts Preparation (£250k)

The NMRN is looking for the provision of the Services for a minimum of four and a maximum of six years (with a two-year extension subject to satisfactory performance) commencing with the delivery of the statutory accounts and subsidiaries audit for the financial year 2023-24. It is anticipated that the contracts for the Services will be in place by January 2024.

The full scope of requirements can be found in Annex A of the ITT documentation.

All clarification questions must be sent to tenders@nmrn.org.uk for response.

More information

Previous notice about this procurement

Appointment of Accountancy and External Audit Services

  • Opportunity
  • Published 13 October 2023, last edited 10 November 2023

Award information

Awarded date

22 December 2023

Contract start date

8 January 2024

Contract end date

8 January 2028

Total value of contract

£468,000

This contract was awarded to 2 suppliers.

COMPASS ACCOUNTANTS LIMITED

Address

Venture House,The Tanneries, East Street, Titchfield, Fareham, Hampshire, PO14 4AR

Reference

Companies House number: 3850900

Value of contract

£170,000

Supplier is SME?

Yes

Supplier is VCSE?

No

Additional details

Lot 2 Awarded

PRICE BAILEY LLP

Address

Causeway House,1 Dane Street
BISHOP'S STORTFORD
Hertfordshire
CM23 3BT
GB

Reference

Companies House number: OC307551

Value of contract

£298,000

Supplier is SME?

Yes

Supplier is VCSE?

No

Additional details

Lot 1 Awarded

About the buyer

Contact name

Dave Hartley

Address

National Museum of the Royal Navy
Main Road (PP66), HM Naval Base
Portsmouth
PO1 3NH
United Kingdom

Telephone

02392891370 ext 2042

Email

tenders@nmrn.org.uk