Planning

Horsham District Council - External Audit Services

HORSHAM DISTRICT COUNCIL

This public procurement record has 1 release in its history.

Planning

28 Feb 2022 at 13:05

Summary of the contracting process

The procurement process involves Horsham District Council seeking external audit services for the audit of its financial accounts for five consecutive financial years, from 1 April 2023 to 31 March 2028. The planned procurement is in the services category, specifically for auditing services (CPV code 79212000). Interested parties should note that the Council will issue relevant documents in Spring 2022, and only registered firms with accredited Key Audit Partners who can oversee the auditing work are eligible. The total value of the contract is estimated at £300,000, and the audit will adhere to standards set by the Code of Audit Practice regulated by the Financial Reporting Council.

This tender presents significant opportunities for businesses specialising in auditing and related financial services, particularly those with the capacity to meet the stringent eligibility criteria set by the Horsham District Council. Firms such as BDO, Deloitte, EY, KPMG, and similar entities who possess accredited Key Audit Partners are well-positioned to compete for this contract. As the procurement process is managed electronically, interested suppliers are encouraged to prepare their submissions accordingly, ensuring they are ready for this opportunity within the competitive public sector landscape.

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Notice Title

Horsham District Council - External Audit Services

Notice Description

Horsham District Council gives notice that in Spring 2022, it will be seeking an auditor for the audit of five financial years from 1 April 2023. These are the audits of the 2023/24 to 2027/28 accounts. Only registered firms, with accredited Key Audit Partners that must oversee the work, can be appointed from the list of external audit suppliers to the local government audit. The scope of the local authority audit is fixed. It it determined by the Code of Audit Practice (currently published by the National Audit Office), the format of the financial statements are specified by CIPFA / LASAAC, and the application of auditing standards are currently regulated by the Financial Reporting Council.

Lot Information

Lot 1

Horsham District Council will be seeking an auditor for the audit of five financial years from 1 April 2023. These are the audits of the 2023/24 to 2027/28 accounts. Only registered firms, with accredited Key Audit Partners that must oversee the work, can be appointed from the list of external audit suppliers to the local government audit. The scope of the local authority audit is fixed. It is determined by the Code of Audit Practice (currently published by the National Audit Office), the format of the financial statements are specified by CIPFA / LASAAC, and the application of auditing standards are currently regulated by the Financial Reporting Council.Nine audit providers with Key Audit Partners are therefore eligible under the audit legislation. These are BDO, Cardens Accountants, Deloitte, EY, Grant Thornton, KPMG, Mazars, PriceWaterhouseCoopers and Azets Audit Services Ltd. The auditor appointed at the end of the procurement process will undertake the statutory audit of accounts and value for money assessment of the council in each financial year, in accordance with all relevant codes of practice and guidance. The auditor is also responsible for investigating questions raised by electors and has powers and responsibilities in relation to Public Interest Reports and statutory recommendations. Note that auditors are currently regulated by the Financial Reporting Council, which will be replaced by a new body with wider powers, the Audit, Reporting and Governance Authority (ARGA) during the course of the next audit contract.The Council intends to issue documents during Spring 2022.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-031bbf
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/005411-2022
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Planning Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
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

79212100 - Financial auditing services

79212300 - Statutory audit services

Notice Value(s)

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

Notice Dates

Publication Date
28 Feb 20223 years ago
Submission Deadline
Not specified
Future Notice Date
28 Feb 2022Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Planned
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
HORSHAM DISTRICT COUNCIL
Contact Name
Procurement Team
Contact Email
procurement@horsham.gov.uk
Contact Phone
+44 1403215299

Buyer Location

Locality
HORSHAM
Postcode
RH12 1RL
Post Town
Redhill
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ28 West Sussex (North East)
Delivery Location
TLJ28 West Sussex (North East)

Local Authority
Horsham
Electoral Ward
Denne
Westminster Constituency
Horsham

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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