Tender

General Optical Council External Audit services

GENERAL OPTICAL COUNCIL

This public procurement record has 1 release in its history.

Tender

11 Dec 2023 at 17:45

Tender Notice
Summary of the contracting process

The General Optical Council is conducting a procurement process for External Audit Services. The procurement is run under the Public Contract Regulation 2015 Open Procedure. The Council is looking to award the contract to one supplier for an initial period of 3 years, with possible extensions up to 5 years. The contract value is £168,000, with a deadline for tender submissions by January 15, 2024. The contract is expected to commence in April 2024 at their office located in London, UK.

This tender by the General Optical Council provides an opportunity for businesses offering accounting and auditing services. Small and medium-sized enterprises (SMEs) are deemed suitable for this contract. The Council, as the buyer, aims to ensure regular dialogue with the selected supplier through quarterly contract management meetings. Interested businesses should review the GOC Annual Report and Accounts 2021-22 and other key documents to bolster their understanding of the Council's requirements and management arrangements.

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Notice Information

Notice Title

General Optical Council External Audit services

Notice Description

1.1 The General Optical Council (GOC) is conducting a Procurement for External Audit Services. This procurement is run on behalf of the GOC, referred to as 'the Authority'. 1.2 This procurement is being run under the Public Contract Regulation 2015 Open Procedure. 1.3 The Authority is looking to commence Contracts in April 2024. The Contract will be for an initial period of 3 years, with the option for the Contract to be extended in increments of at least 12 months, with a maximum Contract duration of five (5) years in total. 1.4 The Authority is looking to award Contracts to one Supplier 2.1 The GOC is the UK-wide statutory regulator for the optical professions in the UK and our mission is to protect and promote the health and safety of the public. We currently register around 33,000 optometrists, dispensing opticians, student optometrists, student dispensing opticians and optical businesses. For more information, please visit our website: https://www.optical.org. 2.2 The GOC is a registered charity and is overseen by a Council of 12 members, 6 lay and 6 optical professionals. 2.3 Our charitable purpose and statutory role are to protect and promote the health and safety of members of the public by promoting high standards of professional education, conduct and performance among optometrists and dispensing opticians and those training to be optometrists and dispensing opticians. We have four core functions: - setting standards for optical education and tra... ensure that there are regular liaison meetings between the Auditors team and the GOC's lead contact. 2.6 Whilst audit activity is to be based on the Supplier's audit risk assessment in any year, the excepted annual audit activity that will support this requirement is expected to be in the region of: Activity (Days) Planning meeting (0.5) Attendance at Audit and Risk Committee (4.0) Interim Audit fieldwork (1 week) (5.0) Final Audit fieldwork (circa 2-3 weeks) (15.0) Interim and Final Completion meetings (0.5) GOC Offices 2.7 The Authority has one office at 10 Old Bailey, London EC4M 7NG. The Finance team is located here. Although we work in a hybrid fashion, it is our expectation that any onsite fieldwork will take place at our office. Sources of information 2.8 The following sources of information may support your knowledge of GOC and the requirement: - The GOC Annual Report and Accounts 2021-22 - The GOC Strategic Plan 2020-25 - The GOC Business Plan and Budget 2023-24 - The GOC Contract and Procurement Policy Management arrangements 2.9 The Supplier is required to provide a representative who will be responsible for the delivery of the Service. The Supplier's Manager will liaise with GOC's Authority's Manager. 2.10 The GOC will provide access to the necessary staff, systems, and financial records in facilitation of the Contract. 2.11 Quarterly Contract management meetings between the Supplier's Manager and the Authority's Manger are required.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6e58f834-da97-43ba-88ef-e0a3c18aa504
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3f1b485e-7c27-4807-adc1-dae9aea6b412
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79210000 - Accounting and auditing services

79212100 - Financial auditing services

Notice Value(s)

Tender Value
£168,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
11 Dec 20232 years ago
Submission Deadline
15 Jan 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Mar 2024 - 31 Mar 2027 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
GENERAL OPTICAL COUNCIL
Contact Name
Y Gearty
Contact Email
goctenders@optical.org
Contact Phone
+44 2075803898

Buyer Location

Locality
LONDON
Postcode
EC4M 7NG
Post Town
Central London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLI London
Local Authority
City of London
Electoral Ward
Farringdon Within
Westminster Constituency
Cities of London and Westminster

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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