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Provision of External Audit & Tax Advisory Services for Fusion Assets Limited

North Lanarkshire Council

This public procurement record has 2 releases in its history.

Award

23 Mar 2023 at 00:00

PCS Notice - Website Contract Award Notice
Tender

01 Feb 2023 at 00:00

PCS Notice - Website Contract Notice
Summary of the contracting process

The North Lanarkshire Council is seeking to appoint a consultant to provide external audit and tax advisory services on behalf of Fusion Assets Limited. The tender, titled "Provision of External Audit & Tax Advisory Services for Fusion Assets Limited," falls under the services category and is currently in the active stage. The contract, valued at £110,400.00, involves consultancy for a duration of up to 3 years, with the possibility of renewal. The deadline for tender submission is February 20, 2023.

This tender opportunity can benefit businesses offering auditing and tax advisory services, especially those specialised in financial consultancy. The provision of external audit and tax advisory services on a long-term basis presents a valuable growth opportunity for service providers. Interested businesses must ensure compliance with all procurement criteria and submission requirements to compete effectively for this contract.

How relevant is this notice?

Notice Information

Notice Title

Provision of External Audit & Tax Advisory Services for Fusion Assets Limited

Notice Description

North Lanarkshire Council (the Council) on behalf Fusion Assets Limited is seeking to appoint a Consultant capable of meeting Fusion Assets Limited's requirement for the Provision of External Audit and Tax Advisory Services. Fusion Assets Limited is an Arm's Length External Organisation (ALEO) of North Lanarkshire Council.

Lot Information

Lot 1

North Lanarkshire Council (the Council) on behalf Fusion Assets Limited intend to award a contract to single service provider for the provision of consultancy services for External Audit and Tax Advisory Services. . The service provider should be able to offer: 1.Provision of External Audit and associated matters (a) Provision of timely advice on the most up to date accounting legislation and relevant accounting standards to enable each entity to produce compliant Annual Accounts. (b) The planning management and execution of the annual external audit of each entity. (c) Report any serious weaknesses, fraud irregularities or breakdown in accountancy controls identified during the course of the audit to the Board, and attend any such meetings as necessary. (d) Submission of all annual accounts to Companies House . 2. Recurring Taxation Advice (a) The review of Fusion Assets Limited's quarterly VAT returns to check the logic and interpretation of VAT guidelines used to produce the return and associated calculations. (b) Submission of all necessary annual returns i.e. Partnership Tax Return etc, incorporating iXBRL tagging and assisting Fusion Assets Limited to liaise with HMRC. 3. Other Taxation Advice (a)Provide ad-hoc advisory work on the tax implications in relation to specific projects proposed by Fusion Assets Limited and broader advice on improving the overall tax efficiency of the Fusion Assets Limited's operations. . The proposed contract will be for an initial 24 months with the option to extend for up to a further 12 months. The maximum term is 3 years. . Further to this overview, a detailed specification is contained within the "Documents for Tenderers" folder, which is accessible (and downloadable) within the PCS-T Tendering System. . The Contract must be carried out in accordance with the information provided within this Contract Notice and the Invitation to Tender documents (ITT) which will be published within the PCS-T Tendering System. . Tenderers must respond to a series of Selection Questions within the PCS-T Qualification Envelope; . Tenderers must downloand and complete a range of Award Questions and Statements and a Pricing Schedule located within the PCS-T Technical Envelope; .. This is a Publication of a notice by a third party agent: . This opportunity is being conducted by North Lanarkshire Council on behalf of Fusion Assets Limited to appoint a Consultant capable of meeting Fusion Assets Limited's requirement for the Provision of External Audit and Tax Advisory Services.

Renewal: The Contract will be awarded for a total of 36 months (24 + 12). Following expiry of the Contract, Fusion Assets Limited may elect to re-tender requirements.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000720990
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR474494
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

79210000 - Accounting and auditing services

Notice Value(s)

Tender Value
£110,400 £100K-£500K
Lots Value
£110,400 £100K-£500K
Awards Value
Not specified
Contracts Value
£67,165 Under £100K

Notice Dates

Publication Date
23 Mar 20233 years ago
Submission Deadline
20 Feb 2023Expired
Future Notice Date
Not specified
Award Date
22 Mar 20233 years ago
Contract Period
Not specified - Not specified
Recurrence
Following expiry of the Contract, Fusion Assets Limited may elect to re-tender requirements.

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
North Lanarkshire Council
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MOTHERWELL
Postcode
ML1 1AB
Postcode Area
Motherwell
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM34 North Lanarkshire
Delivery Location
TLM84 North Lanarkshire
Local Authority
North Lanarkshire
Electoral Ward
Motherwell South East and Ravenscraig
Westminster Constituency
Motherwell, Wishaw and Carluke

Supplier Information

Number of Suppliers
1
Supplier Name

Armstrong Watson

Further Information

Notice Documents

  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB470025
    Provision of External Audit & Tax Advisory Services for Fusion Assets Limited - North Lanarkshire Council (the Council) on behalf Fusion Assets Limited is seeking to appoint a Consultant capable of meeting Fusion Assets Limited's requirement for the Provision of External Audit and Tax Advisory Services. Fusion Assets Limited is an Arm's Length External Organisation (ALEO) of North Lanarkshire Council.
  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR474494
    Provision of External Audit & Tax Advisory Services for Fusion Assets Limited - North Lanarkshire Council (the Council) on behalf Fusion Assets Limited is seeking to appoint a Consultant capable of meeting Fusion Assets Limited's requirement for the Provision of External Audit and Tax Advisory Services. Fusion Assets Limited is an Arm's Length External Organisation (ALEO) of North Lanarkshire Council.

Open Contracting Data Standard (OCDS)

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