Notice Information
Notice Title
External Audit Services (2018 - 2021)
Notice Description
The principal requirement is for the provision of audit service from 2018/19 to 2021 to ensure continuity of service and provide economies of scale to the service provision. The successful supplier will independently audit the statutory financial statements of Ardenglen HA Ltd and subsidiaries and the consolidated financial statements of the Group, for compliance with applicable law, auditing and accounting standards and the needs of lenders in respect of loan covenants. External audit is a requirement of the Regulatory Standards of Governance and Financial Management published by the SHR and Company Law
Lot Information
Lot 1
The external audit and tax services will include, but not limited to: a) The planning, management and efficient execution of the annual external audit of the Organisation's financial statements. b) Preparation of an annual audit plan for each company to be made available to the management by March before the commencement of the final audit in May. c) Formal reporting to the Board of Management and Subsidiaries Boards. This will typically consist of attending and presenting at the August meetings and presenting the findings, final accounts, letter of representation and a comprehensive management letter for each company. d) Meeting with management pre and post audit to discuss audit plan and audit report respectively in advance of Board meetings. e) Generation of the final financial statements on behalf of Ardenglen HA & subsidiaries. f) Audit field work on site for up to 7 days and up to 3 days for the final audit. Regular progress updates to management to be provided during the field work, concluding with a clearance meeting encompassing all audit issues. g) Attendance at Ardenglen HA's Annual General Meeting with a report presentation. - Ardenglen HA Ltd - 2nd Tuesday in Sepember - Ardenglen Developments Ltd - to be agreed h) Provision of timely and accurate advice and guidance on technical accounting and finance issues. Owing to the time critical nature of the process of preparations of annual financial statements it is expected that the principal external auditor contacts will be readily available by telephone/email and will provide a full response to requests within 2 working days. i) Timely provision of model financial statements, relevant technical accounting updates, including relevant Financial Reporting Standards, Statement of Recommended Practice and Accounting Orders. j) Excellent and timely communication between auditor and client on all matters, including feedback on information supplied and immediate feedback on any predicted costs over-runs. k) The provision of added value and innovation to the audit process. l) The supplier is expected to use their skills, knowledge and expertise to identify any gaps in this scope and address them in their submission. m) Co-operation within the Organisation's internal auditors where you wish to rely on their assurances work when planning the statutory audit. n) As required, preparation of Ardenglen HA and subsidiaries Corporation Tax Return by the end of September each year.
Renewal: The contract period will be for 36 months (3 years) with the options to extend for 2x additional 12 months (single years) based on performance within the contract.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-r6ebe6-0000543339
- Publication Source
- Public Contracts Scotland
- Latest Notice
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT333518
- Current Stage
- Award
- All Stages
- Tender, Award
Procurement Classification
- Notice Type
- PCS Notice - Website Contract Award 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
79212000 - Auditing services
Notice Value(s)
- Tender Value
- £70,000 Under £100K
- Lots Value
- Not specified
- Awards Value
- Not specified
- Contracts Value
- £34,355 Under £100K
Notice Dates
- Publication Date
- 5 Oct 20187 years ago
- Submission Deadline
- 24 Jul 2018Expired
- Future Notice Date
- Not specified
- Award Date
- 15 Aug 20187 years ago
- Contract Period
- Not specified - Not specified
- Recurrence
- July 2021 or 2023 if extension option are taken
Notice Status
- Tender Status
- Complete
- Lots Status
- Complete
- Awards Status
- Not Specified
- Contracts Status
- Active
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- ARDENGLEN HOUSING ASSOCIATION LTD
- Contact Name
- Amy McQueen
- Contact Email
- amy.mcqueen@ardenglen.org.uk
- Contact Phone
- +44 1416348016
Buyer Location
- Locality
- GLASGOW
- Postcode
- G45 0HF
- Post Town
- 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
- TLM82 Glasgow City
-
- Local Authority
- Glasgow City
- Electoral Ward
- Linn
- Westminster Constituency
- Glasgow South
Further Information
Notice Documents
-
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL324004&idx=13
10th July 2018 - 1617 Ardenglen Developments Ltd Annual Accounts -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL324004&idx=7
5th July 2018 - ITT Appendix C - Tender Response Quality (60%) -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL324004&idx=12
5th July 2018 - ITT Appendix C - Tender Response Quality (60%) -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL324004&idx=2
3rd July 2018 - Invitation to Tender -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL324004&idx=11
3rd July 2018 - Invitation to Tender 7'18 -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL324004&idx=3
3rd July 2018 - ITT - Appendix 1 Organisation Chart -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL324004&idx=4
3rd July 2018 - ITT Appendix 2 1617 Financial Statements -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL324004&idx=5
3rd July 2018 - ITT Appendix A - Tender Response & Company Info. -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL324004&idx=6
3rd July 2018 - ITT Appendix B - Tender Response Fee Bid -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL324004&idx=8
3rd July 2018 - ITT Appendix D - Tender Response Declaration -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL324004&idx=9
3rd July 2018 - ITT Appendix E - Tender Response Anti Collusion Non Canvassing & Conflict of Interest Statements -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL324004&idx=10
3rd July 2018 - Ext Audit Tender - Tender Process 7'17 -
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUL324004
External Audit Services (2018 - 2021) - The principal requirement is for the provision of audit service from 2018/19 to 2021 to ensure continuity of service and provide economies of scale to the service provision. The successful supplier will independently audit the statutory financial statements of Ardenglen HA Ltd and subsidiaries and the consolidated financial statements of the Group, for compliance with applicable law, auditing and accounting standards and the needs of lenders in respect of loan covenants. External audit is a requirement of the Regulatory Standards of Governance and Financial Management published by the SHR and Company Law -
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT333518
External Audit Services (2018 - 2021) - The principal requirement is for the provision of audit service from 2018/19 to 2021 to ensure continuity of service and provide economies of scale to the service provision. The successful supplier will independently audit the statutory financial statements of Ardenglen HA Ltd and subsidiaries and the consolidated financial statements of the Group, for compliance with applicable law, auditing and accounting standards and the needs of lenders in respect of loan covenants. External audit is a requirement of the Regulatory Standards of Governance and Financial Management published by the SHR and Company Law
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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