External Audit Services

A Tender Notice
by ARK

Source
Find a Tender
Type
Contract (Services)
Duration
5 year
Value
100K
Sector
BUSINESS
Published
10 May 2022
Delivery
To 01 Jul 2027 (est.)
Deadline
01 Jul 2022 12:00

Concepts

Location

The Priory, Canaan Lane, Edinburgh, EH10 4SG

Geochart for 2 buyers and 0 suppliers

2 buyers

Description

Ark seeks to appoint an external audit service to independently audit the statutory financial statements of Ark (and its two subsidiaries) for compliance with applicable law, auditing and accounting standards and the needs of lenders in respect of loan covenants. External audit is a requirement of the Regulatory Standards of Governance and Financial Management published by the SHR and Company Law. The contract will be for an initial period of 5 years, with the option to extend by up to 2 further years.

Total Quantity or Scope

Provision of an external audit service to independently audit the statutory financial statements of Ark for compliance with applicable law, auditing and accounting standards and the needs of lenders in respect of loan covenants.

Renewal Options

There will be an option to extend the contract by up to two periods of 12 months each or one period of 24 months at the sole discretion of Ark.

Award Criteria

Knowledge and understanding of the brief and experience of the sector 10.0
Methodology 20.0
Team competency and resourcing of contract 20.0
Account management 5.0
Added value and innovation 5.0
PRICE 40.0

CPV Codes

  • 79212100 - Financial auditing services
  • 79212300 - Statutory audit services

Indicators

  • Bids should cover the whole contract.
  • Renewals are available.
  • Award on basis of price.

Other Information

NOTE: To register your interest in this notice and obtain any additional information please visit the Public Contracts Scotland Web Site at https://www.publiccontractsscotland.gov.uk/Search/Search_Switch.aspx?ID=692871. The buyer has indicated that it will accept electronic responses to this notice via the Postbox facility. A user guide is available at https://www.publiccontractsscotland.gov.uk/sitehelp/help_guides.aspx. Suppliers are advised to allow adequate time for uploading documents and to dispatch the electronic response well in advance of the closing time to avoid any last minute problems. (SC Ref:692871)

Reference

Domains