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Flood Re - Statutory Audit Services

Flood Re

This public procurement record has 1 release in its history.

Tender

25 Oct 2024 at 09:02

Tender Notice
Summary of the contracting process

Flood Re Limited has initiated an active tender process under the title "Flood Re - Statutory Audit Services," classified under the industry category of internal audit services (CPV 79212200). This open procurement procedure aims to secure statutory audit services starting from 1 April 2025, with a contract lasting 1800 days and the potential for a three-year extension. The handover from the incumbent external auditors is anticipated to coincide with the completion of activities for the financial year ending 31 March 2025. Located in London, UK, the procurement process is currently in the tender stage, with key deadlines including the tender submission period ending on 25 November 2024, followed immediately by the award period and bid opening on the same day.

This tender presents substantial opportunities for businesses specialising in audit services, particularly those with expertise in public sector audits and environmental and social governance. The procurement criteria emphasise audit quality, corporate fit, industry expertise, and public sector experience, making it ideal for firms that excel in these areas. Businesses capable of providing high-quality audits and demonstrating strong corporate culture alignment and industry knowledge will find this contract attractive. Since electronic submissions are required, firms with robust digital capabilities will have an advantage in this competitive tender process.

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Notice Information

Notice Title

Flood Re - Statutory Audit Services

Notice Description

Flood Re intends to reprodure statutory audit services with effect from the financial year ended 31 March 2026 (starting 1 April 2025), with the expectation that the handover from the incumbent external auditors, if required, would coincide with the completion of activities for the financial year ended 31 March 2025.

Lot Information

Lot 1

Flood Re intends to reprodure statutory audit services with effect from the financial year ended 31 March 2026 (starting 1 April 2025), with the expectation that the handover from the incumbent external auditors, if required, would coincide with the completion of activities for the financial year ended 31 March 2025.

Renewal: There is an option for Flood Re to extend the contract for up to a further three years (36 months)

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04b138
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/034594-2024
Current Stage
Tender
All Stages
Tender

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
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79212200 - Internal audit services

Notice Value(s)

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

Notice Dates

Publication Date
25 Oct 20241 years ago
Submission Deadline
25 Nov 2024Expired
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
Flood Re
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
EC4N 7BE
Postcode Area
Central 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
City of London
Electoral Ward
Candlewick
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.

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