--- title: "Audit Services for Midland Metro Limited" ocid: "ocds-b5fd17-04550aba-ce53-4095-8a0a-41bb42a27ff0" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-04550aba-ce53-4095-8a0a-41bb42a27ff0" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-04550aba-ce53-4095-8a0a-41bb42a27ff0.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-04550aba-ce53-4095-8a0a-41bb42a27ff0.json" source: "Contracts Finder" current_stage: "Tender" buyer: "WEST MIDLANDS COMBINED AUTHORITY" published: "2022-01-26" --- # Audit Services for Midland Metro Limited Buyer: WEST MIDLANDS COMBINED AUTHORITY Current stage: Tender OCID: ocds-b5fd17-04550aba-ce53-4095-8a0a-41bb42a27ff0 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-04550aba-ce53-4095-8a0a-41bb42a27ff0) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-04550aba-ce53-4095-8a0a-41bb42a27ff0.json) ## Summary The West Midlands Combined Authority is seeking Audit Services for Midland Metro Limited through an open tender procedure. This procurement is classified under accounting, auditing, and fiscal services and is located in the West Midlands, United Kingdom. The tender, identified as MML0080, has a deadline for submissions set for 10th February 2022, with a contract commencement date aimed for 15th March 2022. The initial contract duration is three years, with an option for a two-year extension based on performance. The estimated value of the contract is £100,000, with a minimum bid threshold of £60,000. This opportunity presents a significant growth potential for businesses specialising in auditing services, especially small and medium-sized enterprises (SMEs). Firms that can demonstrate expertise in financial statement review, adherence to The Companies Act 2006, and comprehensive risk assessment are particularly well-suited to compete. By successfully securing the contract, businesses can establish a long-term relationship with a key player in public transportation oversight within the region. ## Notice Midland Metro Limited has a requirement for Auditing services. The primary role of the Auditor is to present unbiased and independent audit reports on all matters described in the specification and Invitation to Tender documentation regarding the performance of MML. As a minimum, the appointed Auditor will be responsible for: * Reviewing the MML's Financial Statements with focus on the profit and loss for the year then ended; * Ensuring that Financial Statements have been prepared in accordance with The Companies Act 2006; * Ensuring the Strategic report and the Directors' report has been prepared in accordance with applicable legal requirements; * Ensuring any risks identified are flagged and detailed in a report format; * Providing their views about the qualitative aspects of the MML's accounting practices and financial reporting. The target date for formal contract commencement is March 2022, with a proposed duration of three (3) years. An option to extend the contract by a further two years (1+1) will be applied and may be entered into (subject to continued satisfactory performance by the Auditor). Please follow the link below to review the procurement documentation associated with this requirement; https://wmca.bravosolution.co.uk/go/13867930017E96DC600A An associated advertisement can be found here: https://www.finditinbirmingham.com/opportunities/mml0080--audit-service-for-midland-metro-limited ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/a4f98093-baad-4e79-a3d8-bf35ebad9255 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (below threshold) | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 26 Jan 2022 | | Submission deadline | 10 Feb 2022 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 15 Mar 2022 - 14 Mar 2025 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £100,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | WEST MIDLANDS COMBINED AUTHORITY | | Locality | BIRMINGHAM | | Post town | Birmingham | | Postcode | B19 3SD | | Country | England | | ITL 1 | TLG West Midlands (England) | | ITL 2 | TLG3 West Midlands | | ITL 3 | TLG31 Birmingham | | Local authority | Birmingham | | Electoral ward | Newtown | | Westminster constituency | Birmingham Ladywood | | Delivery location | TLG West Midlands (England) | ## CPV Codes ### Divisions - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 79200000 - Accounting, auditing and fiscal services ## Release History - 26 Jan 2022 at 18:49 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/a4f98093-baad-4e79-a3d8-bf35ebad9255 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/a4f98093-baad-4e79-a3d8-bf35ebad9255 26th January 2022 - Opportunity notice on Contracts Finder ## Notice URLs - https://wmca.bravosolution.co.uk/go/13867930017E96DC600A - https://www.finditinbirmingham.com/opportunities/mml0080--audit-service-for-midland-metro-limited ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-04550aba-ce53-4095-8a0a-41bb42a27ff0. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-04550aba-ce53-4095-8a0a-41bb42a27ff0.json.