Awarded contract

External Audit Services

Details

Supplier(s)
BDO LLP (London)
Value
£701,700
Topic
Financial auditing services
Published
9 October 2024

Tender description

We are looking to appoint a supplier to provide External Audit Services in accordance with the Companies Act and relevant professional standards. We are seeking to put in place a new contract for four years, commencing in May 2024. As a higher education institution, we are required to carry out external audit of our financial statements for statutory compliance purposes. In addition to this we are also required to provide audited annual financial statements to our regulator, the Office for Students. The scope of service includes audit of the school’s financial statements and the subsidiary company financial statements, together known as ‘the Group’. Lot 1: We are looking to appoint a supplier to provide External Audit Services in accordance with the Companies Act and relevant professional standards. We are seeking to put in place a new contract for four years, commencing in May 2024. As a higher education institution, we are required to carry out external audit of our financial statements for statutory compliance purposes. In addition to this we are also required to provide audited annual financial statements to our regulator, the Office for Students. The scope of service includes audit of the school’s financial statements and the subsidiary company financial statements, together known as ‘the Group’. There are a total of four subsidiary companies, of which three require an audit. Three subsidiaries are wholly owned UK subsidiaries (Chariot Innovations Limited, LSHTM Developments Limited and Sustainable Climate Impact Fund Limited). The fourth subsidiary is a non-trading Ugandan entity which is consolidated but does not require separate financial statements.

Timeline

  1. Completed: Award date8 August 2024
  2. Completed: Award published9 October 2024
    Current notice

About the buyer

London School of Hygiene and Tropical Medicine is a higher education buyer based at Keppel Street in London. LSHTM has also tendered frameworks for licensed asbestos removal contractors and for logistics services. The Procurement Policy 2023 applies to all staff and contractors involved in procurement. Procurement teams in London, Uganda and The Gambia provide guidance and advice. The policy aims to deliver value for money, fairness, integrity and transparency.

Over the past 5 years, most of London School of Hygiene and Tropical Medicine's contract awards have been in construction work, business services and health and social work.

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