Award

AT1140 LLAL External Audit

LUTON COUNCIL

This public procurement record has 2 releases in its history.

Award

17 May 2022 at 12:00

Tender

09 Feb 2022 at 16:50

Summary of the contracting process

The public procurement process detailed here is titled "AT1140 LLAL External Audit" and is conducted by London Luton Airport Limited, which is owned by Luton Council. This tender falls under the services category, specifically for auditing services, and is located in Luton, United Kingdom (postcode LU1 2BQ). Currently, the process is active, having reached the award stage with an active contract signed on 13th May 2022, valued at £300,000. The contract period is set from 1st May 2022 until 30th April 2027, with key activities scheduled between March and June annually. Interested parties had until 14th March 2022 to submit their bids electronically via the Luton Council portal.

This external audit tender presents significant opportunities for businesses specialising in auditing services and financial consulting. Companies that can navigate the auditing requirements effectively and possess a robust understanding of financial statement examination will be well-positioned to compete for this contract. Given the contract’s long duration, firms that can demonstrate established experience in similar audits and strong collaboration capabilities with group external auditors will particularly benefit from this procurement opportunity.

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Notice Title

AT1140 LLAL External Audit

Notice Description

The technical requirements are those elements of the contract that relate directly to the delivery of external audit services. The primary role of the external auditors will be to report on the financial statements and to carry out whatever examination of the statements and underlying records and control systems is necessary to reach their opinion on the statements. The external auditor will also be required to liaise with the Group external auditor over the audit of the consolidated financial statements. The audit of LLAL's financial statements is generally undertaken between March and June annually, with field work in May, The draft financial statements are required for review by the end of May.

Lot Information

Lot 1

The technical requirements are those elements of the contract that relate directly to the delivery of external audit services. The primary role of the external auditors will be to report on the financial statements and to carry out whatever examination of the statements and underlying records and control systems is necessary to reach their opinion on the statements. The external auditor will also be required to liaise with the Group external auditor over the audit of the consolidated financial statements. The audit of LLAL's financial statements is generally undertaken between March and June annually, with field work in May, The draft financial statements are required for review by the end of May.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03155c
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/012812-2022
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79212000 - Auditing services

Notice Value(s)

Tender Value
£300,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£300,000 £100K-£500K

Notice Dates

Publication Date
17 May 20223 years ago
Submission Deadline
14 Mar 2022Expired
Future Notice Date
Not specified
Award Date
12 May 20223 years ago
Contract Period
30 Apr 2022 - 30 Apr 2027 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
LUTON COUNCIL
Additional Buyers

LONDON LUTON AIRPORT LIMITED OWNED BY LUTON COUNCIL

Contact Name
Mrs Caroline Sturman
Contact Email
caroline.sturman@luton.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LUTON
Postcode
LU1 2BQ
Post Town
Luton
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH21 Luton
Delivery Location
TLH21 Luton

Local Authority
Luton
Electoral Ward
Central
Westminster Constituency
Luton South and South Bedfordshire

Supplier Information

Number of Suppliers
1
Supplier Name

AZETS AUDIT SERVICES

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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