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Published 12 Apr 2022, 08:40 BST

Official UK procurement notice

Invitation to tender for External Audit Services

Official notice

Authority: Wales Audit Office (Public body)

ServicesOpen procedure
Sectors: Business Services & Consultancy (79) Delivery: Wales (UKL22)
Awarded value£232,000published contract · exc. VAT
Submissions closed 25 May 2022awarded 12 Oct 2022
Awarded to RSM

What is being bought

Published requirement description

This procurement exercise will establish a Services Contract for the purchase of External Audit Services to Wales Audit Office.

  • Recurrence: March 2026 (unless extended).

CPV: Auditing services · Statutory audit services

The lotProcurement structure

single lot · no lot value published
Lot #1The Wales Audit Office is seeking an independent External Audit Provider to audit the…AwardedRenewal

The Wales Audit Office is seeking an independent External Audit Provider to audit the Wales Audit Office's accounts and undertake examinations into the economy, efficiency, and effectiveness with which the Auditor General and the Wales Audit Office have used their resources in discharging their functions.

Delivery: Wales · Cardiff
Extensions: 12 month increments up to a total duration of 84 months (for clarity up to three renewals to a maximum duration of 7 years to cover up to financial year ending on 31 March 2029). Renewals subject to performance and agreement by Wales Audit Office and Senedd.Variant bids: not allowed
79212000 Auditing services79212300 Statutory audit services

What it takes to win
i

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 more
How bids were scored
Quality: 70%Price: 30%
Published sub-criteria (7)
  • Experience of the Lead Auditor/Partner: 15%
  • Experience of team: 15%
  • How the Services will be delivered: 15%
  • Quality arrangements and standards: 10%
  • Approach to stakeholder engagement: 5%
  • Presentation - Provision of assurance: 10%
  • price: 30%
Published award criteria (7)
  • Experience of the Lead Auditor/Partner: 15
  • Experience of team: 15
  • How the Services will be delivered: 15
  • Quality arrangements and standards: 10
  • Approach to stakeholder engagement: 5
  • Presentation - Provision of assurance: 10
  • Price: 30
Conditions of participation2
  • Condition of participation
    no text published
    Minimum: The financial standing of the Supplier will be evaluated by reference to its Dunn & Bradstreet Risk Indicator score. If the Supplier’s Dunn & Bradstreet Risk Indicator score is 1, 2 or 3, this will be a PASS. In the case of a consortium bid, this assessment will be made on the …
  • Technical & professional ability

    The Supplier must be a qualified auditor, being:

    a) eligible for appointment as a statutory auditor under Part 42 of the Companies Act 2006, or

    b) a member of an approved European body of accountants

Staff
Names and qualifications of delivery staff must be submitted
What this means for your bid
  • 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
Yes (GPA)
Recurring procurement
Yes · March 2026 (unless extended).
First published
12 Apr 2022, 08:40 BST
Last source update
25 Oct 2022, 08:45 BST
Award evaluation window
25 May 2022 – …
FTS notice number
2022/S 000-029995
Classification (CPV)
Auditing servicesStatutory audit services
Delivery area
Wales (UKL22)
Official registry OCID
ocds-h6vhtk-032c69 Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic ordering · electronic payment

Publisher note: (WA Ref:125904)

How it was run

Official notice
Run through: Sell2Wales · Who buys & how to bid on Sell2Wales
Supplier login requiredLanguage: CY, EN
Access & registration note: Free Wales registration; eTenderWales runs on Jaggaer
Submission deadline
25 May 2022, 14:00 BST
Submission channel
{"electronicSubmission"}
Accepted languages
cy, en
Bids opened
25 May 2022, 14:00 BST
Detailed submission instructions & authority contactsFrom official release

www.sell2wales.gov.wales ↗

Timeline

25 May 2022 → 25 Oct 2022 · 4 dates
  1. Submission deadline
    25 May 2022, 14:00 BST
  2. Bids opened
    25 May 2022, 14:00 BST
  3. Bids must remain valid until
    24 Oct 2022, 23:59 BST
  4. Notice published
    25 Oct 2022, 08:45 BST

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    25 Oct 2022, 08:45 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £232,0001 contract exc. VAT
Bids received 1
Contracts signed 1latest 12 Oct 2022
Awarded toValueDateStatus
RSM£232,000 †—Awarded

Contracts

  • Contract 029995-2022-1 · RSM

    Signed
    12 Oct 2022
    Value
    £232,000
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
1bids · 1 electronic · 1 from abroad0——

Contracting authority & participating public bodies

Wales Audit Office

Contracting authorityPublic bodyBody governed by public lawGeneral public services 24 Cathedral Road, Cardiff, Wales, CF11 9LJContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • High CourtReview body LondonContact phone

Bidders & participating suppliers

1 commercial party on the notice
  • RSMAwarded supplier St Philips Point, Temple Row, Birmingham, London, B25AFContact phone

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.