Tender

Independent Auditor

DWR CYMRU CYFYNGEDIG

This public procurement record has 1 release in its history.

Tender

17 May 2021 at 21:55

Summary of the contracting process

Dwr Cymru Cyfyngedig is conducting a tender for an "Independent Auditor" with an emphasis on accounting, auditing, and fiscal services. This procurement process is currently active, with a tender deadline set for 25th June 2021. The procurement employs a selective method, following a negotiated procedure with prior call for competition. The contract period spans 1,080 days, with options for renewal after the initial 3 years, potentially extending the total duration to 5 years. The procurement is based in Cardiff, UK, ensuring that the work aligns with local regulations and standards.

This tender offers significant growth opportunities for businesses specialising in auditing and compliance, as well as those with expertise in water industry regulations. Companies with a strong background in providing independent assurance and auditing services, particularly in the context of performance data and regulatory frameworks, will be well-suited to compete for this contract. Engaging in this tender could enhance a firm’s portfolio and establish a strong partnership with a leading utility provider, potentially leading to further collaborative opportunities in the public sector.

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Notice Title

Independent Auditor

Notice Description

* The Reporter will undertake an independent audit role on data which we publish within our Annual Performance Report, CCWater Report, Discover Water and also be flexible to audit any other data as requested, e.g. EA template on Bio-Resources, Ofwat ad-hoc data requests. The Reporter will be expected to have knowledge of the operating structure of the water, wastewater and retail business to the extent that they can challenge the data owners on the accuracy and robustness of the various data. * The Reporter will audit the performance data on our 56 Performance Commitments (PC), as included within the Ofwat Price Review 2019 Final Determination (PR19 FD) and any future Performance Commitments as part of Ofwat Price Review 2024 FD. * The Reporter will review and audit any annual impact on our Outcome Delivery Incentive penalties and/or rewards as per the PR19 FD. * The Report will review and assure the Scheme of Charges/Tariffs in accordance with the respective Charging Rules published by Ofwat. * The Reporter will provide support/guidance and will audit Price Review 2024 documents and data as requested. * Provide independent reporting on historical and forecast regulatory information published by DCC to enable stakeholders and customers to review performance and have confidence in the accuracy of the data and the robustness of the processes followed. * The Reporter will undertake independent reporting and scrutiny on performance data and provide an opinion on the accuracy of reported data and the robustness of the processes to the Dwr Cymru Executive Team , Audit Committee and the DCC Board. * * The Reporter will undertake an annual Security and Emergency Measures Direction (SEMD) audit and audit our Critical National Infrastructure sites once every three years.

Lot Information

Lot 1

Independent Auditor

Options: This agreement will be for an initial period of 3 years with the option to extend for a further 2 years at the sole discretion of DCWW. This means a possible total duration of 5 years if all options are taken.

Renewal: 3 year contract with option to extend for additional 1 = 1 years

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02b1fd
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/010892-2021
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
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

79200000 - Accounting, auditing and fiscal services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
17 May 20214 years ago
Submission Deadline
25 Jun 2021Expired
Future Notice Date
Not specified
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

Contracting Authority (Buyer)

Main Buyer
DWR CYMRU CYFYNGEDIG
Contact Name
Not specified
Contact Email
karen.field@dwrcymru.com
Contact Phone
+44 2920740450

Buyer Location

Locality
CARDIFF
Postcode
CF30 0EH
Post Town
Cardiff
Country
Wales

Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL52 Cardiff and Vale of Glamorgan
Delivery Location
Not specified

Local Authority
Cardiff
Electoral Ward
Llanrumney
Westminster Constituency
Cardiff East

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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