Tender

Fixed Period Contract External Audit Services - Statutory Audit

SEIRBHEIS NAM MEADHANAN GÀIDHLIG (THE GAELIC MEDIA SERVICE)

This public procurement record has 1 release in its history.

Tender

04 Jul 2023 at 00:00

Summary of the contracting process

The Seirbheis nam Meadhanan Gàidhlig (The Gaelic Media Service) is inviting tenders for a Fixed Period Contract External Audit Services – Statutory Audit. The procurement process involves independent external audit of the statutory financial statements to be completed by mid-May, with key dates including a contract start on 1st February 2024 and a tender period ending on 3rd August 2023. The location for contract opening is Stornoway, Isle of Lewis, and the industry category is services.

This tender opportunity presents a chance for service providers specializing in audit services to engage with MG ALBA. Businesses with expertise in statutory audit, financial reporting, and experience in the broadcasting industry in the UK are well-suited to compete. The procurement method is an Open procedure, with submissions accepted electronically via the Public Contracts Scotland platform. Interested parties must focus on demonstrating expertise in executing audit services reserved for a particular profession.

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Notice Title

Fixed Period Contract External Audit Services - Statutory Audit

Notice Description

Applications are invited from service providers with the relevant qualifications, expertise and knowledge to provide and execute an independent external audit of the statutory financial statements of MG ALBA, commencing with the current financial year ending 31st March 2024. The contract will begin on 1st February 2024 and the audit is expected to be completed by mid-May, to allow Board approval and sign-off prior to presenting the Annual Report & Accounts to the UK Government in late June.

Lot Information

Lot 1

MG ALBA Funding and Activities MG ALBA is funded by the Scottish Government. Annual Reports and Accounts up to the year ended 31 March 2023 can be found on the MG ALBA website page https://mgalba.com/corporra/foillseachaidhean/. A description of MG ALBA's reporting procedures, the composition of the Board and the remit of the Board's sub-committees, namely Audit and Assurance committee can be found in the Annual Report, available at https://mgalba.com/corporra/foillseachaidhean/. MG ALBA's core funding is currently 12.8m GBP with other income generated from rental of offices and studio space, the hire of production facilities as well as additional grant support. More details of our funding and expenditure are available in the Additional Documents. MG ALBA operations include: - Commissioning for BBC ALBA - Multi-year programme production contracts with independent production companies ("Volume deals"), two published commissioning rounds per annum - Broadcasting - scheduling and promoting BBC ALBA, intellectual property in programming and programme audits - Technical operations and compliance of media to broadcast standards - Properties/locations - Stornoway, Inverness and Glasgow - Programme development; industry training; communications and promotions; administration; digital and social media. Accounting Systems MG ALBA uses Xero accounting software to process all transactions and produce management reports. There are in the region of 15,000 transactions per annum. The finance team produces and reports on monthly and quarterly management accounts. Annual Statutory Accounts are prepared by the Accountant. Payroll processing is outsourced. MG ALBA has 43 permanent staff. Experience and Skills Tenderers are expected to demonstrate specialisms in some or all of the required service areas. Submissions are expected to include: - Details of the Audit Partner and Manager; - An explanation of the audit approach and the firm's policy in relation to continuity of staff involved in the audit; - Other areas of expertise that MG ALBA could call upon for technical support and advice as required; - An indication of the level of expertise within the company in relation to the broadcasting industry in the UK.

Renewal: An option to extend for a further 2 years and will be subject to annual reappointment by the Board of MG ALBA.

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000737596
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUL482826
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
PCS Notice - Website Contract 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

79210000 - Accounting and auditing services

79212000 - Auditing services

79212100 - Financial auditing services

79212300 - Statutory 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
4 Jul 20232 years ago
Submission Deadline
3 Aug 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Feb 2024 - 31 Jan 2027 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
SEIRBHEIS NAM MEADHANAN GÀIDHLIG (THE GAELIC MEDIA SERVICE)
Contact Name
Not specified
Contact Email
tender@mgalba.com
Contact Phone
+44 851705550

Buyer Location

Locality
ISLE OF LEWIS
Postcode
HS1 2SD
Post Town
Outer Hebrides
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM2 Highlands and Islands
Small Region (ITL 3)
TLM20 Highlands and Islands
Delivery Location
TLM64 Na h-Eileanan Siar

Local Authority
Na h-Eileanan Siar
Electoral Ward
Steòrnabhagh a Deas
Westminster Constituency
Na h-Eileanan an Iar

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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