RFP QuestBeta
ClosedStage · contract

The Horniman Public Museum & Public Park Trust

External auditors

Financial ServicesCPV 66000000
Value£12k
Deadline9 Nov 2015
Published19 Oct 2015
RegionLondon
Timeline
Published 19 Oct 2015ClosedCloses 9 Nov 2015
Contract value in context
£12ktotal contract value
median £150k
this tender£0£4.7m

This sits below the typical range for Financial & Insurance Services contracts — a smaller, more accessible award. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

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The brief

The Horniman Public Museum and Public Park Trust (“the Horniman”) was incorporated on 29 December 1989 as a company limited by guarantee.

It is also a registered charity and non-departmental public body.

The operations of the Horniman are funded predominantly by a grant from the Department for Culture, Media and Sport under the terms of a Funding Agreement.

Consequently it is accountable as a public sector body under the ‘Managing Public Money’ guidance, which can be found on the HM Treasury website.

In addition to the International Standards on Auditing (UK and Ireland) the appointed auditors would be required to comply with Practice Note 10, published by the Auditing Practices Board, on the application of Statements of Auditing Standards to the audit of financial statements of public sector entities in the UK.

The accounts of the Horniman, as an NDPB, are currently obliged to include a governance statement by the Accounting Officer.

The auditors are consequently required to provide an audit opinion on this statement, although it is not expected that any significant additional work is necessary.

The current five year audit term has now been completed and the Trustees are retendering the audit appointment.

Key requirements

What the supplier must deliver

01

In addition to the International Standards on

In addition to the International Standards on Auditing (UK and Ireland) the appointed auditors would be required to comply with Practice Note 10, published by the Auditing Practices Board, on the application of Statements of Auditing Standards to the audit of financial statements of public sector entities in the UK.

02

The auditors are consequently required to provide

The auditors are consequently required to provide an audit opinion on this statement, although it is not expected that any significant additional work is necessary.

Derived from the notice text — always confirm against the original documents.

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Source & provenance
OCID
d07e3a59-fa0d-465d-8db6-5972b9ed06bb
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
HM022
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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