Notice Information
Notice Title
The Provision of External Audit Services for the City of London
Notice Description
The City of London Corporation (the City) is undertaking a 1 stage procurement process in relation to the provision of External Audit Services (the 'Service'). The Service relates to the appointment of an auditor to audit and independently examine the City's various financial statements and to carry out certification of various grant claims and returns. Further information for this opportunity can be found in II.2.4) Description of the procurement field (of this notice).
Lot Information
Lot 1
The City of London Corporation (the City) invites Tenders for the provision of External Audit Services. The City is a unique organisation which operates across the public (local authority), private and charitable sectors and requires an audit firm with the capability and capacity to meet the external audit requirements across all its entities. The Service relates to the appointment of an auditor to audit and independently examine the City's various financial statements and to carry out certification of various grant claims and returns. The number of financial statements and the level of certification work required may increase or decrease during the life of the contract. Where applicable, the City will adopt the level of audit review required for its Sundry Trusts in line with Charities Act 2011 financial thresholds. It will therefore adopt full audits, Independent Examinations (IE) and or no audit review where required. This procurement will be a one (1) stage Open procedure. The description of the requirements for the External Audit Services are set out in the procurement documents, particularly the specification -- available from: https://www.capitalesourcing.com The duration of the contract is three (3) years, with the option to extend up to one (1) further year. The Contract is intended to commence 30th September 2021. The estimated total value of the contract is also stated in II.1.5) and II.2.6) of this notice and is for the entire duration, i.e. including the optional extensions. Organisations should be aware that due to the contract value (of the Service), any contract formed as a result of this procurement process shall be executed as a deed. Organisations should seek independent legal advice on the implications of this prior to submitting their tender, where appropriate.
Options: The duration of the contract will be three (3) years, with the option to extend up to one (1) further year.
Renewal: This will be upon expiry of the contract, subject to contractor performance and internal approvals
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-02991f
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/013125-2021
- Current Stage
- Tender
- All Stages
- Planning, Tender
Procurement Classification
- Notice Type
- Planning Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Open
- Procurement Method Details
- Open procedure
- Tender Suitability
- Not specified
- Awardee Scale
- Not specified
Common Procurement Vocabulary (CPV)
- CPV Divisions
79 - Business services: law, marketing, consulting, recruitment, printing and security
-
- CPV Codes
79212000 - Auditing services
79212300 - Statutory audit services
Notice Value(s)
- Tender Value
- £1,672,000 £1M-£10M
- Lots Value
- Not specified
- Awards Value
- Not specified
- Contracts Value
- Not specified
Notice Dates
- Publication Date
- 10 Jun 20214 years ago
- Submission Deadline
- 12 Jul 2021Expired
- Future Notice Date
- 13 May 2021Expired
- Award Date
- Not specified
- Contract Period
- Not specified - Not specified
- Recurrence
- Not specified
Notice Status
- Tender Status
- Active
- Lots Status
- Active
- Awards Status
- Not Specified
- Contracts Status
- Not Specified
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- THE MAYOR AND COMMONALTY AND CITIZENS OF THE CITY OF LONDON
- Contact Name
- Chris Mulhall, Category Manager, City Procurement
- Contact Email
- chris.mulhall@cityoflondon.gov.uk
- Contact Phone
- +44 2076063030
Buyer Location
- Locality
- LONDON
- Postcode
- EC2P 2EJ
- Post Town
- Central London
- Country
- England
-
- Major Region (ITL 1)
- TLI London
- Basic Region (ITL 2)
- TLI4 Inner London - East
- Small Region (ITL 3)
- TLI43 Haringey and Islington
- Delivery Location
- TLI London
-
- Local Authority
- Islington
- Electoral Ward
- Clerkenwell
- Westminster Constituency
- Islington South and Finsbury
Further Information
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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