Statutory Audit Services

{
  "id": "028843-2022",
  "tag": [
    "tender"
  ],
  "date": "2022-10-13T14:04:45+01:00",
  "ocid": "ocds-h6vhtk-037574",
  "buyer": {
    "id": "GB-FTS-5774",
    "name": "Flood Re"
  },
  "tender": {
    "id": "ocds-h6vhtk-037574",
    "lots": [
      {
        "id": "1",
        "status": "active",
        "renewal": {
          "description": "Optional extension period of 36 months"
        },
        "hasOptions": false,
        "hasRenewal": true,
        "description": "Flood Re seeks to re-procure its external  statutory audit services in accordance with its commitment to stakeholders.\nThe objective of the statutory audit is to express an opinion, as to whether the financial statements of Flood Re present fairly, in all material respects, the financial position, results of operations and changes in cash flow in accordance with applicable accounting standards.  The external auditor will be required to auditor Flood Re's financial statements primarily based on IFRS 17, but will also be required to audit the IFRS 4 equivalent due to Flood Re's public accounting obligations.",
        "awardCriteria": {
          "criteria": [
            {
              "name": "Audit Quality",
              "type": "quality",
              "description": "50%"
            },
            {
              "name": "Corporate / Cultural fit",
              "type": "quality",
              "description": "10%"
            },
            {
              "name": "Industry expertise",
              "type": "quality",
              "description": "15%"
            },
            {
              "name": "Public sector audit experience",
              "type": "quality",
              "description": "15%"
            },
            {
              "type": "price",
              "description": "10%"
            }
          ]
        },
        "contractPeriod": {
          "durationInDays": 1800
        },
        "submissionTerms": {
          "variantPolicy": "notAllowed"
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UKI"
          }
        ],
        "additionalClassifications": [
          {
            "id": "66519600",
            "scheme": "CPV",
            "description": "Actuarial services"
          },
          {
            "id": "72212442",
            "scheme": "CPV",
            "description": "Financial systems software development services"
          },
          {
            "id": "79211200",
            "scheme": "CPV",
            "description": "Compilation of financial statements services"
          }
        ]
      }
    ],
    "title": "Statutory Audit Services",
    "value": {
      "amount": 4400000,
      "currency": "GBP"
    },
    "status": "active",
    "coveredBy": [
      "GPA"
    ],
    "bidOpening": {
      "date": "2023-01-09T14:00:00Z"
    },
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "awardPeriod": {
      "startDate": "2023-01-09T14:00:00Z"
    },
    "description": "Flood Re seeks to re-procure its external  statutory audit services in accordance with its commitment to stakeholders\nThe objective of the statutory audit is to express an opinion, as to whether the financial statements of Flood Re present fairly, in all material respects, the financial position, results of operations and changes in cash flow in accordance with applicable accounting standards.  The external auditor will be required to auditor Flood Re's financial statements primarily based on IFRS 17, but will also be required to audit the IFRS 4 equivalent due to Flood Re's public accounting obligations.",
    "tenderPeriod": {
      "endDate": "2023-01-09T14:00:00Z"
    },
    "hasRecurrence": false,
    "classification": {
      "id": "79412000",
      "scheme": "CPV",
      "description": "Financial management consultancy services"
    },
    "submissionTerms": {
      "languages": [
        "en"
      ]
    },
    "submissionMethod": [
      "electronicSubmission"
    ],
    "procurementMethod": "open",
    "mainProcurementCategory": "services",
    "submissionMethodDetails": "https://procurementsolutions.esourcingportal.com",
    "procurementMethodDetails": "Open procedure"
  },
  "parties": [
    {
      "id": "GB-FTS-5774",
      "name": "Flood Re",
      "roles": [
        "buyer",
        "centralPurchasingBody"
      ],
      "address": {
        "region": "UK",
        "locality": "London",
        "postalCode": "EC4N 7BE",
        "countryName": "United Kingdom",
        "streetAddress": "75 King William Street"
      },
      "details": {
        "url": "http://www.floodre.co.uk/about-us/",
        "classifications": [
          {
            "id": "NATIONAL_AGENCY",
            "scheme": "TED_CA_TYPE",
            "description": "National or federal agency/office"
          },
          {
            "id": "04",
            "scheme": "COFOG",
            "description": "Economic affairs"
          }
        ]
      },
      "identifier": {
        "legalName": "Flood Re"
      },
      "contactPoint": {
        "url": "https://procurementsolutions.esourcingportal.com",
        "email": "informatiion@floodre.co.uk"
      }
    },
    {
      "id": "GB-FTS-103",
      "name": "Public Procurement Review Service",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "countryName": "United Kingdom",
        "streetAddress": "Cabinet Office"
      },
      "details": {
        "url": "https://www.gov.uk/government/publications/public-procurement-review-service-scope-and-remit"
      },
      "identifier": {
        "legalName": "Public Procurement Review Service"
      },
      "contactPoint": {
        "email": "publicprocurementreview@cabinetoffice.gov.uk",
        "telephone": "+44 3450103503"
      }
    }
  ],
  "language": "en",
  "description": "(MT Ref:227632)",
  "initiationType": "tender"
}