Official UK procurement notice
External Audit Services · UK public procurement notice
Authority: Ark (Public body)
What is being bought
Published requirement descriptionArk 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.
CPV: Financial auditing services · Statutory audit services
The lotProcurement structure
single lot · no lot value publishedLot #1Provision of an external audit service to independently audit the statutory financial…Awarded
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. External audit is a requirement of the Regulatory Standards of Governance and Financial Management published by the SHR and Company Law.
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Published sub-criteria (6)
- Knowledge and understanding of the brief and experience of the sector: 10%
- Methodology: 20%
- Team competency and resourcing of contract: 20%
- Account management: 5%
- Added value and innovation: 5%
- price: 40%
Published award criteria (6)
- Knowledge and understanding of the brief and experience of the sector: 10
- Methodology: 20
- Team competency and resourcing of contract: 20
- Account management: 5
- Added value and innovation: 5
- Price: 40
- Price carries 40 of 100 points: a 10% discount moves about 4 points. The method statement decides this lot, not the discount.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record · publisher note attached- Procedure method
- Open procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Awarded
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- Unspecified in notice
- First published
- 21 Oct 2022, 10:36 BST
- Last source update
- 21 Oct 2022, 10:36 BST
- FTS notice number
2022/S 000-029708- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-0377b7Find a Tender
Publisher note: (SC Ref:710972)
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Chiene + Tait LLPSME | £107,750 † | — | Awarded |
Contracts
Contract 029708-2022-1 · Chiene + Tait LLPSME
- Signed
- 1 Oct 2022
- Value
- £107,750
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 1bids · 1 electronic | 1 | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- Edinburgh Sheriff CourtReview body
Bidders & participating suppliers
1 commercial party on the notice- Chiene + Tait LLPAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.