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Official procurement procedure

Financial Audit Services

Financial auditing services
Statutory audit services
UK
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: SEVERN TRENT WATER LIMITED: "Financial 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 AuthoritySEVERN TRENT WATER LIMITEDScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: SEVERN TRENT WATER LIMITED
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for SEVERN TRENT WATER LIMITED. 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
3Bids / Report
0% 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: 2 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 Unpublished data stays unknown.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 AuthoritySEVERN TRENT WATER LIMITED
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
Published6 Nov 2023, 10:32 GMT
Last source update6 Nov 2023, 10:32 GMT
Recurring procurementNot published
ClassificationFinancial auditing services, Statutory audit services
Delivery area
UK
OCIDocds-h6vhtk-03e4c1
What is being bought
Severn Trent Plc's current auditor will cease providing services following the audit for the year ending 31 March 2025. This appointment is for the audit of the financial statements for the year ending 31 March 2026.
What changed
From the official release history
  1. tender value changed
    6 Nov 2023, 10:32 GMT
  2. Status changed to complete
    6 Nov 2023, 10:32 GMT
  3. Official notice release published
    6 Nov 2023, 10:32 GMT
  4. Submission deadline changed to published date
    6 Nov 2023, 10:32 GMT
  5. Published value updated to £7,000,000
    24 Jul 2023, 13:59 BST
  6. Status changed to active
    24 Jul 2023, 13:59 BST
  7. Official notice release published
    24 Jul 2023, 13:59 BST
  8. Submission deadline changed to 26 Aug 2023, 15:00 BST
    24 Jul 2023, 13:59 BST
  9. Buyer information updated
    24 Jul 2023, 13:59 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    This appointment is for the audit of the financial statements for the year ending 31 March 2026. The appointment is for an **initial 5-year term with options to extend for **5 x 12 month periods. **The appointment of the auditor is subject to annual re-appointment at the company AGM.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    6 Nov 2023, 10:32 GMT
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 6 Nov 2023, 00:00 GMT · Not published
Commercial outcome and competition
Awards
PRICEWATERHOUSECOOPERS LLP
Not published · Not published · active
Contracts
Contract
Not published · signed 6 Nov 2023, 00:00 GMT · active
Bid statistics
bids: 3 (lot 1)
Buyer and organisations in this procedure

SEVERN TRENT WATER LIMITED

Contracting authority GB-COH-02366619
View buyer profile

  • SEVERN TRENT PLC
    buyer

    GB-COH: 02366619
    2 St. Johns Street, COVENTRY, UKG33, CV12LZ
    sarah.griffiths-jones@severntrent.co.uk
    +44 2477716919

  • PricewaterhouseCoopers LLP
    supplier

    GB-COH: OC303525
    1 Embankment Place, London, UKI, WC2N 6RH

  • Severn Trent
    reviewBody

    2 St John's Street, Coventry, CV1 2LZ
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published