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SE External Audit Service - SE Subsidiary Companies & Pension and Life Assurance Scheme (P18-0070)

Scottish Enterprise

This public procurement record has 2 releases in its history.

Award

16 Mar 2018 at 00:00

OJEU - F3 - Contract Award Notice
Tender

24 Nov 2017 at 00:00

OJEU - F2 - Contract Notice
Summary of the contracting process

The procurement process described involves Scottish Enterprise, which is seeking to engage external auditors for its subsidiary companies and pension scheme under the title "SE External Audit Service - SE Subsidiary Companies & Pension and Life Assurance Scheme (P18-0070)." This initiative falls within the services industry and is located in Glasgow, UK. The procurement method adopted is an open procedure, allowing participants to bid for one or both of the two lots available. Key dates include the deadline for bid submissions on 10th January 2018, and the anticipated contract commencement in early 2018, concluding on 30th November 2020, with a possible one-year extension at the discretion of Scottish Enterprise.

This contract presents significant opportunities for auditing firms, particularly those with expertise in municipal or subsidiary audits and pension scheme administration. Given the specificity of the requirements, competing businesses should ideally have experience in providing similar services, with proven financial stability, including a minimum average turnover of GBP 200,000 over the last two years. Firms interested in this tender should ensure they are registered auditors and can meet the necessary auditing qualifications to qualify for participation in this competitive process.

How relevant is this notice?

Notice Information

Notice Title

SE External Audit Service - SE Subsidiary Companies & Pension and Life Assurance Scheme (P18-0070)

Notice Description

Scottish Enterprise wishes to engage external auditor(s) for all of its subsidiary companies (Lot 1) and for its pension scheme, the Scottish Enterprise Pension and Life Assurance Scheme (SEPLAS) (Lot 2). The contract has two Lots and bidders are able to bid for one or both Lots. Lot 1 - Scottish Enterprise Subsidiary Companies Lot 2 - Scottish Enterprise Pension and Life Assurance Scheme There are currently 14 subsidiary companies (excluding dormant companies) of which 3 are not actively trading. Over the period of this contract there will be adjustments to the number of subsidiaries to be audited. SEPLAS is a final salary pension scheme established by Scottish Enterprise for the benefit of its employees. SE anticipate that the contract will commence in early 2018 and will end on 30 November 2020. SE will however retain the option of extending the contract by a further 1 year at its sole discretion. Full details can be found within the Invitation to Tender (ITT) documents.

Lot Information

Lot 1 - Scottish Enterprise Subsidiary Companies

Scottish Enterprise wishes to engage external auditors for all of its subsidiary companies (Lot 1). There are 14 subsidiary companies (excluding dormant companies) of which 3 are not actively trading. Over the period of this contract there will be adjustments to the number of subsidiaries to be audited. Further details of Lot 1 can be found within the Invitation to Tender (ITT) documents.. Economic operators may be excluded from this competition if they are in any of the situations referred to in Regulations 58 of the Public Contracts (Scotland) Regulations 2015. Further information in relation to Lot 1 - Scottish Enterprise Subsidiary Companies can be found within the Invitation to Tender (ITT) documents.

Renewal: SE will retain the option of extending the contract by a further 1 year at its sole discretion.

Lot 2 - Scottish Enterprise Pension and Life Assurance Scheme

Scottish Enterprise wishes to engage external auditors for its pension scheme, the Scottish Enterprise Pension and Life Assurance Scheme (SEPLAS) (Lot 2). SEPLAS is a final salary pension scheme established by Scottish Enterprise for the benefit of its employees. Further details of Lot 2 can be found within the Invitation to Tender (ITT) documents.. Economic operators may be excluded from this competition if they are in any of the situations referred to in Regulation 58 of the Public Contracts (Scotland) Regulations 2015. Further information in relation to Lot 2 - Scottish Enterprise Pension and Life Assurance Scheme can be found within the Invitation to Tender (ITT) documents.

Renewal: SE will however retain the option of extending the contract by a further 1 year at its sole discretion.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000520217
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR313782
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
OJEU - F3 - Contract Award 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

79212000 - Auditing services

79212300 - Statutory audit services

Notice Value(s)

Tender Value
£240,000 £100K-£500K
Lots Value
£240,000 £100K-£500K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
16 Mar 20188 years ago
Submission Deadline
10 Jan 2018Expired
Future Notice Date
Not specified
Award Date
21 Feb 20188 years ago
Contract Period
Not specified - Not specified
Recurrence
Scottish Enterprise publishes an annual forward plan of anticipated procurement activity. The recurrence of this contract is envisaged as being included within that plan at the appropriate time.

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Not Specified
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Scottish Enterprise
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GLASGOW
Postcode
G2 6HQ
Postcode Area
Glasgow
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM Scotland
Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North

Further Information

Notice Documents

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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