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Official procurement procedure

External Audit Services

Financial auditing services
Statutory audit services
Scotland (UKM75)
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Ark: "External Audit Services". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityArkScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: Ark
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Ark. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Average Price Reduction
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
1Bids / Report
100% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 1 active published awards; 1 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Price reduction compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityArk
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published21 Oct 2022, 10:36 BST
Last source update21 Oct 2022, 10:36 BST
Recurring procurementNot published
ClassificationFinancial auditing services, Statutory audit services
Delivery area
Scotland (UKM75)
OCIDocds-h6vhtk-0377b7
What is being bought
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.
What changed
From the official release history
  1. Status changed to complete
    21 Oct 2022, 10:36 BST
  2. Official notice release published
    21 Oct 2022, 10:36 BST
  3. Buyer information updated
    21 Oct 2022, 10:36 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    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.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    21 Oct 2022, 10:36 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 1 Oct 2022, 00:00 BST · £107,750
Commercial outcome and competition
Awards
Chiene + Tait LLP
Not published · Not published · active
Contracts
Contract
£107,750 · signed 1 Oct 2022, 00:00 BST · active
Bid statistics
bids: 1 (lot 1)
electronicBids: 1 (lot 1)
foreignBidsFromEU: 0 (lot 1)
foreignBidsFromNonEU: 0 (lot 1)
smeBids: 1 (lot 1)
Buyer and organisations in this procedure

Ark

Contracting authority GB-FTS-52451
View buyer profile

  • Ark
    buyer

    The Priory, Canaan Lane, Edinburgh, UKM, EH10 4SG
    stuart.green@arkha.org.uk
    +44 1314479027

  • Chiene + Tait LLP
    supplier

    61 Dublin Street, Edinburgh, UK, EH3 6NL
    +44 1315585800

  • Edinburgh Sheriff Court
    reviewBody

    Sheriff Court House, 27 Chambers Street, Edinburgh, EH1 1LB
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published