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External Audit Services

Scottish Enterprise

This public procurement record has 2 releases in its history.

Award

17 Feb 2022 at 00:00

OJEU - F3 - Contract Award Notice
Tender

15 Nov 2021 at 00:00

OJEU - F2 - Contract Notice
Summary of the contracting process

Scottish Enterprise, a key economic development agency based in Glasgow, has recently awarded a contract for "External Audit Services" under an open procurement procedure. This initiative, classified under the services industry category, includes two distinct lots: Lot 1 for auditing its subsidiary companies and Lot 2 for its pension scheme, scheduled to commence in February 2022. The contract was signed on 14th February 2022, concluding the tender process which began with a call for bids in November 2021, with a submission deadline of 10th January 2022.

This tender presents significant opportunities for businesses, particularly those specialising in audit services and financial consultancy. Small and medium-sized enterprises (SMEs) as well as larger firms can compete effectively, especially those with experience in auditing diverse business portfolios, including those with public and private entities. The involvement of reputable firms like Thomson Cooper and Johnston Carmichael showcases the level of competition, and businesses that can demonstrate a robust project team structure and competitive pricing will be well-positioned to succeed in future procurements related to this contract.

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Notice Information

Notice Title

External Audit Services

Notice Description

Scottish Enterprise wishes to engage external auditors to two lots. Lot 1 - for all of its subsidiary companies and Lot 2, for its pension scheme, the Scottish Enterprise Pension and Life Assurance Scheme (SEPLAS). There are currently 10 subsidiary companies (excluding dormant companies). The active subsidiaries range in size and nature of business but include the Glasgow Science Centre group of companies. SEPLAS is a final salary pension scheme established by Scottish Enterprise for the benefit of its employees. The contract is envisaged to start in February 2022

Lot Information

Subsidiary Companies

Lot 1 is to appoint an external auditor for all of its subsidiary companies. There are currently 10 subsidiary companies (excluding dormant companies). Over the period of this contract there will be adjustments to the number of subsidiaries to be audited. The active subsidiaries range in size and nature of business but include the Glasgow Science Centre group of companies. More information is provided on the scale and business of each of the companies later in this brief. It is envisaged that the contract will start in February 2022

Renewal: The contract will be for an period of approximately 33 months with the option to extend for a further 12 months if required.

Scottish Enterprise Pension and Life Assurance Scheme

Lot 2 is to engage external auditor to audit the Scottish Enterprise Pension and Life Assurance Scheme. SEPLAS is a final salary pension scheme established by Scottish Enterprise for the benefit of its employees. It is envisaged that the contract will start February 2022

Renewal: The contract will be for an initial period of approximately 33 months with the option to extend for a further 12 months if required.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000672071
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB441056
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
Large, 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

79212100 - Financial auditing services

79212200 - Internal audit services

79212300 - Statutory audit services

Notice Value(s)

Tender Value
£220,000 £100K-£500K
Lots Value
£220,000 £100K-£500K
Awards Value
Not specified
Contracts Value
£215,060 £100K-£500K

Notice Dates

Publication Date
17 Feb 20224 years ago
Submission Deadline
10 Jan 2022Expired
Future Notice Date
Not specified
Award Date
14 Feb 20224 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Scottish Enterprise
Additional Buyers

Scottish Government

Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
ABERDEEN
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

Supplier Information

Number of Suppliers
2
Supplier Names

Johnston Carmichael

Thomson Cooper

Further Information

Notice Documents

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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