Official UK procurement notice
External Auditor Services · UK public procurement notice
Authority: Development Bank of Wales (Central government)
What is being bought
Published requirement descriptionDBW wishes to procure external audit services for the group for the financial year ended 31 March 2026 which should include:
The audit of the group’s Annual Report and Financial Statements, prepared under IFRS, noting that any future changes to IFRS should be incorporated into all future audits under this agreement.
The audit of the group’s subsidiary accounts, to include:
Limited companies and General partners, prepared under FRS101
Limited Partnerships, one of which is consolidated and is prepared under FRS101, the remainder are non-consolidated and prepared under FRS102
Client Asset Sourcebook (CASS) assurance for FW Capital
Providing audit confirmations on a Component Auditor basis to the Welsh Audit Wales Office.
- Recurrence: 2030
CPV: Auditing services · Financial auditing services
The lotProcurement structure
single lot · no lot value publishedLot #1AwardedRenewal
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 (3)
- Presentation: 10%
- Technical Evaluation: 60%
- price: 30%
Published award criteria (3)
- Presentation: 10
- Technical Evaluation: 60
- Price: 30
- Price carries 30 of 100 points: a 10% discount moves about 3 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
- Unspecified in notice
- Recurring procurement
- Yes · 2030
- First published
- 29 Nov 2024, 11:11 GMT
- Last source update
- 4 Mar 2025, 14:35 GMT
- Award evaluation window
- 6 Jan 2025 – …
- Authority reference
DBW00116.00- FTS notice number
2025/S 000-007867- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-04c112Find a Tender
- Electronic trading
- e-invoicing allowed · electronic payment
- Performance terms
Please refer to the ITT for further information
Publisher note: Please refer to Volume 1 ITT for further information. In order for commercially sensitive information to be shared a NDA will need to be completed and returned. (WA Ref:148724)
How it was run
Official notice- Submission deadline
- 6 Jan 2025, 12:00 GMT
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Bid validity
- 90 days from the deadline
- Bids opened
- 6 Jan 2025, 12:00 GMT
Timeline
6 Jan 2025 → 4 Mar 2025 · 4 dates- Submission deadline6 Jan 2025, 12:00 GMT
- Bids opened6 Jan 2025, 12:00 GMT
- Contract starts13 Feb 2025
- Notice published4 Mar 2025, 14:35 GMT
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete4 Mar 2025, 14:35 GMT
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Mazars LLP | £3,350,000 † | — | Awarded |
Contracts
Contract 007867-2025-DBW000116.00-1 · Mazars LLP
- Signed
- 4 Mar 2025
- Value
- £3,350,000
- Period
- … – 12 Feb 2027
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 2bids · 2 electronic | 0 | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- High CourtReview body
Bidders & participating suppliers
1 commercial party on the notice- FORVIS MAZARS LLPAwarded supplier
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria