Find a TenderAwardedContract award notice
Published 2 Jun 2025, 16:28 BST

Official UK procurement notice

Audit Services ITT 2025 · UK public procurement notice

Official notice

Authority: Sovereign Network Group

2 lotsServicesCompetitive flexible procedureAbove thresholdAcceleratedMax 1 lot per supplier
Sectors: Business Services & Consultancy (79) Delivery: Delivery location not published
Budget not disclosed£0total for 2 lots
Submissions closed 7 Jul 2025awarded 17 Oct 2025
Awarded to KPMG2 awards
Contract term 4 yrsends 31 Oct 2029 · up to 31 Oct 2032 with extensions · starts 1 Nov 2025

What is being bought2 lots · detail below

Published requirement description

SNG are seeking to re-tender contracts for both internal and external audit services. The tender shall be divided between two Lots:

Lot 2 External Audit

The Contracts will be for an initial term of 4 years

Please note that due to segregation of duty and to prevent conflict of interest, no bidder can enter into a contract for both services.

  • The authority expects to re-tender this requirement around 2 Jun 2029, 00:59 BST.
  • How the procedure runs: This tender is to be undertaken in order to award contracts for an Internal Audit service contract and an External Audit service contract. The CFP shall comprise of the following steps: Participation stage - issue of CPQ, Invitation to tender and initial tender submission, Top 5 Suppliers for each Lot invited to presentations and negotiations, Best and Final Offers (BAFO) to be submitted, Evaluation of BAFOs, Contracts Award

CPV: Accounting and auditing services · Accounting, auditing and fiscal services · Auditing services · Internal audit services · Statutory audit services

Lots and requirements (2)Procurement structure

2 lots · all with a published value · win at most 1 of them
Lot #1Internal AuditAwardedRenewal 4 yrsPublished value£0

The successful internal audit provider will collaborate closely with SNG’s internal audit team to deliver internal audit services that align with SNG’s strategic objectives.

The provider will adhere to the SNG Internal Audit Methodology, including structure and format of reporting, throughout the engagement.

Contract period: 1 Nov 2025 – 31 Oct 2029 (4 yrs) · up to 31 Oct 2032 with extensions
Extensions: Subject to satisfactory performance of the successful bidders, there shall be the option for a 3 year extension to the individual contracts. These extensions shall also be subject to agreement in writing between the Parties
Lot #2External AuditAwardedRenewal 4 yrsPublished value£0

SNG is seeking to appoint a supplier to enter into an arrangement for the provision of External Statutory Audit Services,

The specific areas of the Company’s business to be audited during any resulting arrangement would be based upon the legal requirements for a statutory audit and in line with appropriate accounting legislation. Proposals should allow for any known changes in accounting legislation

Contract period: 1 Nov 2025 – 31 Oct 2029 (4 yrs) · up to 31 Oct 2032 with extensions
Extensions: Subject to satisfactory performance of the successful bidders, there shall be the option for a 3 year extension to the individual contracts. These extensions shall also be subject to agreement in writing between the Parties

Procedure terms & legal framework

From the official record
Procedure method
Competitive flexible procedure
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Services
Notice status
Awarded
Procurement threshold
Above threshold (FTS publication)
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
Yes · next expected 2 Jun 2029
First published
2 Jun 2025, 16:28 BST
Last source update
17 Oct 2025, 16:50 BST
Award evaluation window
Submission end – 14 Oct 2025
FTS notice number
2025/S 000-029287
Accelerated
Pre-selected tenderers - utilities/not central government
Latest notice
Contract award notice (UK6)
Classification (CPV)
Accounting and auditing servicesAccounting, auditing and fiscal servicesAuditing servicesInternal audit servicesStatutory audit services
Delivery area
Not published
Official registry OCID
ocds-h6vhtk-052b02 Find a Tender
How it runs

This tender is to be undertaken in order to award contracts for an Internal Audit service contract and an External Audit service contract. The CFP shall comprise of the following steps:

Participation stage - issue of CPQ,

Invitation to tender and initial tender submission,

Top 5 Suppliers for each Lot invited to presentations and negotiations,

Best and Final Offers (BAFO) to be submitted,

Evaluation of BAFOs,

Contracts Award

How it was run

Official notice
Run through: In-tend · Who buys & how to bid on In-tend
Supplier login requiredElectronic submission allowedLanguage: EN
Access & registration note: Free · one account per buying organisation's portal · reCAPTCHA on signup
Requests to participate (first stage)
7 Jul 2025, 13:00 BST
Submission deadline
7 Jul 2025, 13:00 BST
Submission channel
Official e-sourcing portal
Electronic submission
Allowed
Accepted languages
en
Detailed submission instructions & authority contactsFrom official release

All bidders must create an account with SNG's tender portal Intend - all documents must be submitted electronically to Intend

in-tendhost.co.uk/sovereign/aspx/Home ↗

Timeline

2 Jun 2025 → 1 Nov 2025 · 7 dates
  1. Tender notice published
    2 Jun 2025, 16:28 BST
  2. Submission deadline
    7 Jul 2025, 13:00 BST
  3. Award decision expected by378 days ago
    14 Oct 2025, 00:59 BST
  4. Assessment summaries sent375 days ago
    17 Oct 2025, 00:00 BST
  5. Latest notice published374 days ago
    17 Oct 2025, 16:50 BST
  6. Standstill ends363 days ago
    28 Oct 2025, 23:59 GMT
  7. Contract starts360 days ago
    1 Nov 2025

Notice history

5 events · 3 releases on Find a Tender · since 2 Jun 2025
  1. Tender notice published
    2 Jun 2025, 16:28 BST
    UK4
  2. Tender notice published
    4 Jun 2025, 11:00 BST
    UK4
  3. Contract award notice published
    17 Oct 2025, 16:50 BST
    UK6
  4. Status changed to complete
    17 Oct 2025, 16:50 BST
  5. Contract signature expected
    1 Nov 2025, 23:59 GMT
    scheduled
Published amendments (1)

Amendment to email address under Contracting Authorities heading

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 2
Awarded value (inc. VAT) £3,000,0001 award inc. VAT; no net value published
Bids received 2
Named bidders 2published on the award notice
Awarded toValueDateStatus
Lot 1 · Internal Audit1 award
supplier not published—17 Oct 2025Awarded
Lot 2 · External Audit1 award
KPMGContract Award notice: Lot 2 External Audit Services3 Nov 2025 – 17 Nov 2029Options: SHDF & EMTN related services.£3,000,000 inc. VAT17 Oct 2025standstill to 28 Oct 2025Standstill

Bid statistics published by the authority

LotBidsSMEVCSEValid bid range
1 · Internal Audit0final-stage tenders00—
2 · External Audit2final-stage tenders00—

Who bid

  • did not winBDO LLP · Greater London · 2
  • wonKPMG LLP · West Midlands · 2

Bidders as named on the Procurement Act 2023 award notice. “Won” means the bidder holds an award on this notice.

Contracting authority & participating public bodies

Sovereign Network Group

Contracting authorityPublic undertaking GB-COH: RS007448 Sovereign House, Basing View, Basingstoke, South East, RG21 4FAContact email

Bidders & participating suppliers

2 commercial parties on the notice · 1 awarded
  • BDO LLPBidder / tenderer 55 Baker Street, London, London, W1U 7EU
  • KPMG LLPAwarded supplierGB-PPON: PMGV-6254-LTTL One Snowhill, Snowhill Queensway, Birmingham, West Midlands, B4 6hgContact email

Official documents & specifications (6)

Official links; attachments are not copied

Tender pack and attachments

Notices published for this procedure

  • Contract award notice awardContract award noticeUK6Contract award notice on Find a Tender
  • Contract award notice awardContract award noticeUK6Contract award notice on Find a Tender
  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender
  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender