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DfE - Invest NI - Appointment of Auditors for BSDL

Invest Northern Ireland

This public procurement record has 2 releases in its history.

Award

13 Feb 2024 at 08:51

Award Notice
Tender

14 Dec 2023 at 10:57

Tender Notice
Summary of the contracting process

The Department for Economy (DfE) in partnership with Invest Northern Ireland is seeking auditors for Bedford Street Developments Limited (BSDL). The procurement process is in the planning stage. The contract involves accounting and auditing services and will run for a minimum of three years, with options to extend. The tender has been completed, and the award has been given to ASM B LTD. The contract value is £200,000, and it was signed on 8th February 2024.

This tender presents an opportunity for auditing firms specialising in accounting and auditing services to grow their business. Businesses with experience in providing statutory audits and covenant reporting for companies in the property sector are well-suited to compete. Interested parties should review the detailed specifications and criteria outlined in the tender documentation. The procurement process follows an open procedure method and is compliant with the Government Procurement Agreement (GPA).

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Notice Information

Notice Title

DfE - Invest NI - Appointment of Auditors for BSDL

Notice Description

DfE - Invest NI - Appointment of Auditors for BSDL Bedford Street Developments Limited group now wishes to appoint statutory auditors to provide individual annual audits for two of the group companies Bedford Street Developments Limited (BSDL) and MRDE Limited (MRDE) and covenant reporting for MRDE. The contract will run for a minimum of three years with options to extend for one further period of two years at the end of year three. Please refer to the specification document for further details.

Lot Information

Lot 1

DfE - Invest NI - Appointment of Auditors for BSDL Bedford Street Developments Limited group now wishes to appoint statutory auditors to provide individual annual audits for two of the group companies Bedford Street Developments Limited (BSDL) and MRDE Limited (MRDE) and covenant reporting for MRDE. The contract will run for a minimum of three years with options to extend for one further period of two years at the end of year three. Please refer to the specification document for further details.

Options: This contract is for an initial period of 3 years. Invest NI may offer an additional period of 2 years at the end of the initial period.

Renewal: Two periods of 1 year

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-042586
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/004723-2024
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
SME

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

Notice Value(s)

Tender Value
£200,000 £100K-£500K
Lots Value
£200,000 £100K-£500K
Awards Value
Not specified
Contracts Value
£200,000 £100K-£500K

Notice Dates

Publication Date
13 Feb 20242 years ago
Submission Deadline
17 Jan 2024Expired
Future Notice Date
Not specified
Award Date
8 Feb 20242 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
Invest Northern Ireland
Additional Buyers

Invest NI

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
BT2 7ES
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
Central
Westminster Constituency
Belfast South and Mid Down

Supplier Information

Number of Suppliers
1
Supplier Name

ASM B LTD

Further Information

Open Contracting Data Standard (OCDS)

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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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