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Open for bidsUnited KingdomServices£100,000Add to pipeline

THE PROVISION OF EXTERNAL AUDIT SERVICES FOR 2 COUNCIL OWNED COMPANIES

Borough Council of King's Lynn & West Norfolk(buyer)

Published
Published 26 October 2026
Deadline
Deadline: 23 November 2026 (10 days left)

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Overview

Borough Council of King's Lynn & West Norfolk is seeking comprehensive external audit services across two lots for two council-owned companies, commencing with the audit of accounts for the 2026/2027 financial year. The contract will run for an initial period of two years with an option to extend for up to two additional years, with performance monitored via agreed KPIs. The procurement has an estimated total value of £100,000, and tenders must be submitted by 23 November 2026.

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Lots (2)

  • West Norfolk Housing Company Limited

    West Norfolk Housing Company Ltd (WNHC) aims to focus on meeting the housing needs of those who cannot meet the costs of market priced accommodation by demonstrating flexibility and innovation in its response to the needs arising in West Norfolk. WNHC’s mission is to serve our communities by working closely with the Borough Council to address gaps in provision for those in the greatest housing need, particularly vulnerable homeless households and ensure investment opportunities taken in our area benefit local communities and local services. WNHC is actively involved with a number of developments, that will see an increasing number of affordable housing units become available for occupation. The company currently has a portfolio of 59 properties. WNHC has agreed leasing arrangements with a local Housing Association to undertake management and maintenance on behalf of the company. A formal agreement covering the transfer of affordable housing capital from the council to WNHC is in place. WNHC uses quickbooks as their financial software

    £50,000
  • West Norfolk Property Limited

    West Norfolk Property Ltd (WNPL) was established to hold and manage private rented housing units being developed by the Council. WNPL operates in the same manner as any other private sector company, driven by the requirement to produce profits and to operate in a commercial manner. The Council’s rights as a shareholder in WNPL is set out in WNPL's Articles of Association and the Shareholder's Agreement WNPL currently works on a lease model, leasing the properties from the council and is accounted for under IFRS16. There are currently 126 properties within the portfolio. The day to day management of the properties is undertaken by a third-party agent. WNPL uses quickbooks as their financial software

    £50,000

Key details

Country
United Kingdom
Status
Open for bids
Category
Services
Estimated value
£100,000
Procedure
Below threshold - open competition
Rules
Procurement Act 2023
SME suitable
Yes
Published
26 October 2026
Questions by
20 November 2026
Deadline
23 November 2026
Classification (CPV)
Accounting, auditing and fiscal servicesAccounting and auditing servicesAccounting servicesAccounting review services

Competition and scoring criteria

Expected competition

4

Median bids on comparable tenders

Open and restricted tenders in Business services: law, marketing, consulting, recruitment, printing and security drew a median of 4 bids over the last 24 months; 21% received only one.

How bids will be scored

Price 60% · Quality 40%

  • Criterion 160%
  • Criterion 240%

Price and cost criteria in black, quality in blue.

Market context

Typical award in Business services: law, marketing, consulting, recruitment, printing and security

£73,982

Median of 18,935 awards in the last 24 months

Borough Council of King's Lynn & West Norfolk in the last 12 months

53

contracts awarded, worth £8,075,008 in total

See their procurement profile →

Recent awards in Business services: law, marketing, consulting, recruitment, printing and security

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Notice history

Every published notice in this contracting process, newest first.

  1. Contract Notice

    26 October 2026

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