Tender

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

DPS for audit services for opted-in eligible bodies in England

Public Sector Audit Appointments Ltd

This public procurement record has 2 releases in its history.

TenderUpdate

29 Nov 2024 at 10:05

Tender Notice
Tender

03 Feb 2022 at 16:15

Tender Notice
Summary of the contracting process

Public Sector Audit Appointments Ltd (PSAA) has issued a procurement notice for the establishment of a dynamic purchasing system (DPS) to appoint auditors for eligible bodies across England under the provisions of the Local Audit and Accountability Act 2014. The procurement process is currently at the tender stage, having commenced in May 2022, with an estimated total procurement value recently amended to £998 million. The dynamic purchasing system will run for up to 8 years. The primary industry category for this tender is "Accounting, auditing and fiscal services" (CPV 79200000), with the specific services encompassing statutory audit services and financial auditing. The main procurement method utilised is the restricted (selective) procedure, targeting qualified local auditors registered with the Institute of Chartered Accountants in England and Wales (ICAEW). Submission for expressions of interest is due by 18 March 2022.

This tender presents substantial opportunities for businesses specialising in audit services to secure long-term contracts with various public authorities, such as local councils, police and crime commissioners, and fire and rescue authorities. The comprehensive scope of work and the significant estimated value create a favourable environment for business growth. Eligible businesses include those with accredited auditing qualifications and experience in public sector audits. Firms can respond individually or as part of a consortium, provided at least one member is ICAEW registered. This procurement is ideal for companies aiming to expand their public sector portfolio and gain a foothold in long-term governmental projects.

How relevant is this notice?

Notice Information

Notice Title

DPS for audit services for opted-in eligible bodies in England

Notice Description

The procurement will establish a dynamic purchasing system to appoint auditors to cover the audits of the accounts (as per the Code of Audit Practice) of eligible bodies across England that opt in for the purposes of the appointment of auditors under the provisions of the Local Audit and Accountability Act 2014 and the requirements of the Local Audit (Appointing Person) Regulations 2015. Eligible entities include local councils, combined authorities, police and crime commissioners, police, fire and crime commissioners, chief constables, fire and rescue authorities, waste authorities, passenger transport executives and national park authorities.

Lot Information

Lot 1

PSAA is establishing a dynamic purchasing system from which to appoint auditors to audit the accounts (as per the Code of Audit Practice) of one or more eligible bodies that opt in to the appointing person scheme. Eligible bodies include local councils, combined authorities, police and crime commissioners, police, fire and crime commissioners, chief constables, fire and rescue authorities, waste authorities, passenger transport executives and national park authorities. Individual call-off competitions undertaken may be for either: one or more named audits, or for a volume of work where the eligible bodies are not named. The scope of each call-off competition will be described in its ITT documentation. It is anticipated that the DPS may be used to procure an auditor appointment to an eligible body: *when a new body requests to join the scheme, for example in the event of local government reorganisation, or if an existing body requests to join the scheme after the main procurement process is complete; *where an existing auditor appointment from 2018/19 or 2023/24 needs to be replaced for reasons such as the identification of an independence conflict, the breakdown of auditor-audited body relationship, or as a result of a supplier's poor performance in line with agreed contract terms; and *where one or more of the 2017 audit contracts is extended so we need to make auditor appointments from 2025/26. Additional information: To respond to this opportunity please click here: https://www.delta-esourcing.com/respond/UVC29QV984

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-031301
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/038548-2024
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted 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

79200000 - Accounting, auditing and fiscal services

79210000 - Accounting and auditing services

79212000 - Auditing services

79212100 - Financial auditing services

79212300 - Statutory audit services

Notice Value(s)

Tender Value
£80,000,000 £10M-£100M
Lots Value
£80,000,000 £10M-£100M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
29 Nov 20241 years ago
Submission Deadline
18 Mar 2022Expired
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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Public Sector Audit Appointments Ltd
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1P 3HZ
Postcode Area
South West 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
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...