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
2 buyers
- Ark Edinburgh
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
- FTS 012159-2022