Find a TenderOpen for tender Tender notice
Published 25 Sept 2026, 14:56 BST

Official UK procurement notice

Two Rivers Housing External Audit Tender (2027-2032)

Authority: Two Rivers Housing (Public body)

ServicesOpen procedureAbove thresholdSME suitableVCSE suitable
Published estimate£300,000≈ £100k / year · £300,000 inc. VAT
Submission deadline 30 Oct 202616:00 GMT · 3d 16h left
Clarification cut-off 23 Oct 202616:00 BST · questions to the authority
Contract term 3 yrsends 1 Apr 2030 · up to 31 Mar 2032 with extensions · starts 1 Apr 2027

What is being bought

Published requirement description

This opportunity is for the provision of External Audit and associated services which pertains to the completion of independent assessment of financial information and records. This is to provide assurance to our funders, tenants and customers and to ensure that our statement are accurate and comply with relevant laws and regulations. The primary role of the external auditor will be to report on the financial statements of

Two Rivers Housing and its subsidiaries, and to carry out whatever examination of the statement and underlying records and control systems that is necessary to reach an opinion on the statements.

For more information about this opportunity, please visit the eSourcing portal at:

www.delta-esourcing.com/tenders/UK-UK-Newent… ↗

To respond to this opportunity, please click here:

www.delta-esourcing.com/respond/35PP8VKC55 ↗

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

The lotProcurement structure

single lot · value published
Lot #1Renewal 3 yrsSMEVCSEPublished value£300,000
Contract period: 1 Apr 2027 – 1 Apr 2030 (3 yrs) · up to 31 Mar 2032 with extensionsValue: £300,000 exc. VAT · £300,000 inc. VAT
Delivery: West Midlands, South WestEligibility: SME eligibleVCSE eligibleTurnover guideline: ~£199,810/yr≈ 2× annual value
Extensions: Three (3) years contract with two possible annual extensions (i.e. 3 +1+1) subject to supplier’s satisfactory performance
Pre-qualification & selection criteria (PQQ)2
  • Economic & financial standing

    See ITT document

  • Technical & professional ability

    See ITT document

Who is likely to bid for this lot ↓

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids are scored
Quality: 60%Price: 40%
Published sub-criteria (2)
  • Quality including social value: 60%
  • Pricing: 40%
Published award criteria (2)
  • Pricing
  • Quality including social value
Conditions of participation2
  • Economic & financial standing

    See ITT document

  • Technical & professional ability

    See ITT document

What this means for your bid
  • Price carries 40 of 100 points: a 10% discount moves about 4 points. The method statement decides this lot, not the discount.
  • Turnover usually expected at this size: about £199,810 (twice the annual value).

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula. Turnover is an indicative market norm (≈2× annual value), not a published condition.

Competition analysis · published record, not a forecast of who will bid

How Two Rivers Housing buys Accounting and auditing services (CPV 7921), and who usually turns up

Two Rivers Housing’s published record next to the market for the same work. Frameworks and DPS are left out: they draw different bid counts. Whole-market view: Accounting and auditing services (CPV 7921) →

1

How the contest usually goes

Winner shares use published awards; bid and price charts use contested lots.

Question for the bid
This buyerTwo Rivers Housing · all categories
The marketAccounting and auditing services (CPV 7921) · South West England
What to do with it
How often do SMEs win?
i

How often small and medium firms win.

Share of awards where the winner’s size is known.

The counts under this question show how many awards have a known supplier size.

Last 36 months.

Buyer: 0 of 8 known-size awards · market: CPV 7921 · South West England, n=52
0%15%

No small-firm winners recorded among this authority’s published awards in this sample.

How often do local suppliers win?
i

How often local firms win similar work.

Winners with a registered address in the delivery region, out of awards with a known address.

Local means the winner is registered in the region where that award was delivered. The market figure counts awards delivered in South West England.

A local branch does not count if the registered address is elsewhere.

Last 36 months.

Buyer: 1 of 4 known-location awards · market: CPV 7921 · South West England, n=55
1 of 422%

Most of this buyer’s recorded winners were registered outside the region where that award was delivered.

How long to a decision?
i

How long buyers here take to decide after bids close.

Middle value in days from the bid deadline to the award date, on competitions that published both.

Only decided tenders count, so slow ones still waiting are not in.

Last 36 months.

Buyer: 3 decided notices · market: CPV 7921 · South West England, n=11
170 days66 days

Half of these awards have an award date within 170 days of the bid deadline.

How often single-bid or direct?
i

How often work is awarded with no recorded rival.

Direct awards and tenders where every published lot count shows one bid.

The market share is a minimum: some awards have no bid count.

Thin markets produce this too; it is not proof of a tailored specification.

Last 36 months.

Buyer: exactly 1 of 4 procurements with awards had no recorded rival · market: CPV 7921 · South West England, n=62
1 of 439%

Direct awards or one recorded bid are common here. Check the route before spending time on a bid.

How many bids did past lots attract?

i

How many bids past lots received.

Each colour is a bid-count range. Only competed lots with a published count are included.

Past bids do not predict this tender.

Last 36 months.

This buyer9 lots with bid counts · all categories
11% had one bid
The market16 lots with bid counts · CPV 7921 · South West England
6% had one bid
Buyer / market · select a colour for counts
1 bid11% / 6%
Buyer: 1 of 9 lots with published bid counts. Market: 1 of 16 lots with published bid counts.
2–311% / 38%
Buyer: 1 of 9 lots with published bid counts. Market: 6 of 16 lots with published bid counts.
4–656% / 50%
Buyer: 5 of 9 lots with published bid counts. Market: 8 of 16 lots with published bid counts.
7+22% / 6%
Buyer: 2 of 9 lots with published bid counts. Market: 1 of 16 lots with published bid counts.

How did awards compare with estimates?

i

Where winning prices landed against estimates.

Each colour shows awards below, close to or above the published estimate, one lot at a time.

Past prices are a guide, not a bid price.

Last 36 months.

This buyer8 lots with estimate and award · all categories
38% below estimate
The market12 lots with estimate and award · CPV 7921 · South West England
50% below estimate
Buyer / market · select a colour for counts
Below estimate38% / 50%
Buyer: 3 of 8 lots with an estimate and award. Market: 6 of 12 lots with an estimate and award.
Within ±2%38% / 33%
Buyer: 3 of 8 lots with an estimate and award. Market: 4 of 12 lots with an estimate and award.
Above estimate25% / 17%
Buyer: 2 of 8 lots with an estimate and award. Market: 2 of 12 lots with an estimate and award.
2

Assess each lot
i

What past awards tell you about each lot.

See the forecast, this buyer’s earlier suppliers and firms with relevant wins.

No supplier is confirmed as a bidder.

Open a lot for its forecast, this buyer’s previous supplier and possible competitors, from published award history, not a bid list

Lot #1CPV 7936 monthsSME suitablePublished estimate£300k

This lot lists more than one class in CPV 79. The comparison uses that group.

Expected competition
i

How many bids this lot may attract.

The forecast uses similar past competitions. The bar shows either that forecast or past bid counts; the line below says which.

Each lot shows its own forecast based on its own category; forecasts for different lots of the same notice are not comparative.

A forecast, not a list of bidders.

3expected bids10% chance of a single bid
similar past contests in this category: 31
Forecast chances for this lot
1 bid10%
Chance this lot gets 1 bid: 10%. This is a forecast.
2–334%
Chance this lot gets 2–3: 34%. This is a forecast.
4–642%
Chance this lot gets 4–6: 42%. This is a forecast.
7+14%
Chance this lot gets 7+: 14%. This is a forecast.
Commercial price forecast
i

Where the award price may land.

The forecast uses similar awards and the buyer’s estimate. The band covers the middle half of likely prices.

Based on 12 comparable awards. Each lot reflects its own category; forecasts for different lots of the same notice are not comparative.

A statistical guide from past awards, not a price to bid.

£300kLevel with estimate
12 comparable awards
Forecast compared with the buyer’s estimate
Middle 50%£246k–£300k
Half of likely prices fall between £246,298 and £300,000.
Estimate£300k
The buyer published an estimate of £300,000 for this lot.
A 25% chance the award lands exactly on the estimate.

Who has supplied this buyer on similar work?
i

Who has done similar work for this buyer.

Past contracts are matched by buyer, title and type of work.

A past supplier may not bid again.

No earlier contract of this buyer matches this lot on the published record.

Who could compete for this lot?
i

Who could compete for this lot?

Firms with relevant past wins. On a framework, we show firms on that agreement.

None is confirmed as a bidder.

SupplierWon in this categoryLive contractsAward vs estimate
KPMGLarge
14 wins in South West England35 panel places
£570m147 awards in 36m · last 1 months ago39 live · £100m
i

Public contracts this supplier still holds.

Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book.

Unexpired says nothing about spare capacity.

at estimate n=23
9 wins in South West England30 panel places
£277m110 awards in 36m · last 1 months ago24 live · £237m
i

Public contracts this supplier still holds.

Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book.

Unexpired says nothing about spare capacity.

3% below n=14
1 win in South West England9 panel places
£24m43 awards in 36m · last 1 months ago18 live · £15m
i

Public contracts this supplier still holds.

Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book.

Unexpired says nothing about spare capacity.

at estimate n=10
BDO LLPLarge
6 wins in South West England7 panel places
£19m49 awards in 36m · last 1 months ago14 live · £5.9m
i

Public contracts this supplier still holds.

Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book.

Unexpired says nothing about spare capacity.

at estimate n=13
5 wins in South West England5 panel places
£9.4m38 awards in 36m · last this month14 live · £10m
i

Public contracts this supplier still holds.

Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book.

Unexpired says nothing about spare capacity.

17% below n=3
About this data
  • Source. Official UK public procurement notices (Find a Tender), reused under the Open Government Licence v3.0. New notices arrive through the day; the figures are rebuilt nightly.
  • Two views, kept apart. The authority’s own track record and the wider market for the same kind of work sit side by side and are never mixed. Where the local picture is too thin, a figure widens to a broader market and says which one it used.
  • Forecasts are labelled. The price forecast and its range, possible competitors and the earlier-work matches are our estimates from past awards: not published facts, not win chances and not price advice. Official notices do not say who is bidding.
  • Every figure shows what it rests on. Not every notice publishes a bid count, a value or a delivery region, so each figure carries the number of records behind it, and one built on few records is marked as such. The on a figure explains it; the counting rules are in the methodology. Spotted something wrong? Tell us.

Procedure terms & legal framework

From the official record
Procedure method
Open procedure
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Services
Notice status
Open for tender
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
Unspecified in notice
First published
25 Sept 2026, 14:56 BST
Last source update
25 Sept 2026, 14:56 BST
Award evaluation window
Submission end – 10 Dec 2026
Authority reference
TRH000082026
FTS notice number
2026/S 000-091076
Latest notice
Tender notice (UK4)
Classification (CPV)
Accounting and auditing servicesAccounting, auditing and fiscal servicesAuditing servicesFinancial auditing servicesStatutory audit services
Delivery area
West Midlands (UKG1)South West (UKK)
Official registry OCID
ocds-h6vhtk-077ac0 Find a Tender

How to participate & submission route

Official notice Submit via Delta eSourcing
Submission portal named on this notice: Delta eSourcing · Who buys & how to bid on Delta
Public notice page · account needed to bidElectronic submission allowedLanguage: EN
Access & registration note: Free Select account; no DUNS asked at signup
Requests to participate (first stage)
—
Tender submission deadline
30 Oct 2026, 16:00 GMT
Clarification deadline
23 Oct 2026, 16:00 BST
Submission channel
Official e-sourcing portal
Electronic submission
Allowed
Accepted languages
en
Detailed submission instructions & authority contactsFrom official release
Published estimate £300,000 excludes VAT (£300,000 including VAT).

Timeline

25 Sept 2026 → 1 Apr 2027 · 5 dates
  1. Tender notice published31 days ago
    25 Sept 2026, 14:56 BST
  2. Clarification questions by3 days ago
    23 Oct 2026, 16:00 BST
  3. Today
    26 Oct 2026
  4. Submission deadlinein 4 days
    30 Oct 2026, 16:00 GMT
  5. Award decision expected byin 45 days
    10 Dec 2026, 23:59 GMT
  6. Contract startsin 156 days
    1 Apr 2027, 00:00 BST

Notice history

1 event · 1 release on Find a Tender
  1. Tender notice published
    25 Sept 2026, 14:56 BST
    UK4

Commercial outcome & contract awards

Nothing awarded yet
Awards (0)
No award published
Contracts (0)
No contract published
Bid statistics
No aggregate bid statistics published

Contracting authority & participating public bodies

Two Rivers Housing

Contracting authorityPublic authority - sub-central government GB-PPON: PYMZ-8576-DHBJ Rivers Meet, Cleeve Mill Lane, Newent, South West, GL18 1DSContact email, phone

Official documents & specifications (1)

Official links; attachments are not copied

Notices published for this procedure

  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender