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External Audit Services Tender

BELFAST HARBOUR COMMISSIONERS

This public procurement record has 2 releases in its history.

Award

03 Feb 2022 at 12:44

Award Notice
Tender

11 May 2021 at 16:01

Tender Notice
Summary of the contracting process

The Belfast Harbour Commissioners (BHC) is conducting a tender for External Audit Services, classified under accounting and auditing services. Located in Belfast, UK, the procurement stage has been marked as complete, with the contract signed on 17th January 2022 and an initial term of three years, extendable up to ten years through seven possible extensions. The whole procurement process followed a negotiated procedure with prior call for competition, and the total estimated contract value is £500,000.

This tender presents an excellent opportunity for professional services firms specialising in audit and accounting to expand their business offerings. Companies with experience in statutory audits and those capable of providing comprehensive audit-related services, including financial statement analysis and risk committee support, are well-suited to compete. Firms looking to enhance their portfolio in public sector contracts may find this project particularly lucrative, given the long-term potential for engagement with BHC.

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Notice Information

Notice Title

External Audit Services Tender

Notice Description

Following conclusion of the tender process, Belfast Harbour Commissioners (BHC) has now entered into a contract with the successful bidder for the provision of external audit and related services. The contract entered into by BHC has an initial 3 year period. Following that 3 year period, BHC has the option, acting at its discretion, to extend the contract on 7 (seven) subsequent occasions of 12 (twelve) months each time, up to a maximum total period of 10 (ten) years.

Lot Information

Lot 1

BHC has a requirement for the provision of external audit and related services. The services required comprise: * The statutory audit of the group financial statements of BHC . * The statutory audit of the financial statements of City Quays Hotel Ltd (100% owned by BHC) . * Attendance at any Audit and Risk committee meetings (normally three per annum) and ad hoc meetings as required. * The submission of an audit planning report to the Audit and Risk Committee in advance of each accounting year end. The accounting year end is the 31 December of each year (the "Accounting Year End"). * The submission of a report on the audit to the Audit and Risk Committee in line with the required timescales; usually within three months after the Accounting Year End. * Liaison and coordination with tax advisors and internal auditors as required and to ensure a full exchange of information. * Agreed Upon Procedures in relation to the provision of film studio income certificate

Options: The contract entered into by BHC has an initial 3 year period. Following that 3 year period, BHC has the option, acting at its discretion, to extend the contract on 7 (seven) subsequent occasions of 12 (twelve) months each time, up to a maximum total period of 10 (ten) years.

Renewal: It is currently anticipated that any contract entered into by BHC will be for an initial 3 year period. BHC shall have the option, acting at its discretion, to extend the contract on 7 subsequent occasions of 12 months each time, up to a maximum total period of 10 years.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02afac
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/003139-2022
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Negotiated procedure with prior call for competition
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

79210000 - Accounting and auditing services

Notice Value(s)

Tender Value
£500,000 £500K-£1M
Lots Value
£500,000 £500K-£1M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
3 Feb 20224 years ago
Submission Deadline
10 Jun 2021Expired
Future Notice Date
Not specified
Award Date
17 Jan 20224 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
BELFAST HARBOUR COMMISSIONERS
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BELFAST
Postcode
BT1 3AL
Postcode Area
Northern Ireland
Country
Northern Ireland
Major Region (ITL 1)
TLN Northern Ireland
Basic Region (ITL 2)
TLN0 Northern Ireland
Small Region (ITL 3)
TLN06 Belfast
Delivery Location
TLN Northern Ireland
Local Authority
Belfast
Electoral Ward
Duncairn
Westminster Constituency
Belfast North

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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