---
title: "Financial Audit Services"
ocid: "ocds-h6vhtk-02a493"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02a493"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-02a493.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-02a493.json"
source: "Find A Tender Service"
current_stage: "Tender"
buyer: "SOUTH EAST WATER LIMITED"
published: "2021-04-09"
---

# Financial Audit Services

Buyer: SOUTH EAST WATER LIMITED  
Current stage: Tender  
OCID: ocds-h6vhtk-02a493

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## Summary

South East Water Limited is currently seeking expressions of interest for a tender titled "Financial Audit Services," aimed at providing independent external financial auditor services. This procurement falls under the statutory audit services category within the water industry and is based in Snodland, Kent, UK. The current procurement stage is planning, with the tender deadline for submissions set for 10 May 2021. The contract is anticipated to have an initial duration of five years, commencing in August 2021, and may be extended for another three years, allowing for a maximum term of eight years. Interested firms need to comply with specific independence requirements as stipulated by UK law and the Financial Reporting Council.

This tender presents a significant opportunity for audit firms with experience in financial auditing, particularly those with a track record in the water sector and who meet the 'international standing' criteria. Businesses that specialise in providing statutory audit services and possess knowledge of regulatory auditing, especially in line with Ofwat's guidance, will find this tender particularly relevant. Firms are encouraged to demonstrate their suitability by submitting a pre-qualification questionnaire to the procurement contact, Mike Moores, via the provided email address.

## Notice

South East Water is seeking expressions of interest in its forthcoming tender exercise from suitably experienced and qualified audit firms for the provision of independent external financial auditor services, with an initial contract of 5 years and the option to extend up to a further 3 years starting August 2021. The aim of this tender is to appoint an external audit firm to provide an independent audit opinion on the individual and consolidated financial statements of the HDF group of companies. The group comprises 11 companies, including the UK parent company, two trading companies and two overseas registered companies used to raise finance for other group companies. The appointment of the new auditor to the group must be in compliance with the independence requirements of UK law and the Ethical Standards published by the Financial Reporting Council. The appointment must also be in line with the requirements of the group's senior loan documentation covenants, which prescribe that the auditor must be a firm of "international standing". As well as the independent audit of the financial statements, this tender also includes the audit of appointed water company regulatory accounts in accordance with ISAs (UK), applicable law and ICAEW guidance on "Reporting to Regulators on Regulated Accounts". The regulated accounts for SEW comply with Ofwat's Regulated Accounting Guidelines (RAGs). Please confirm your expression of interest and request the pre-qualification questionnaire by emailing sewprocurement@southeastwater.co.uk

### Lot Information

Lot 1

The provision of external independent financial audit services

Renewal: Initial contract period of 5 years with the option to extend up to a further 3 years. Maximum period of 8 years.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/007458-2021 |
| Notice type | Planning Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Negotiated procedure with prior call for competition |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Planning, Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 9 Apr 2021 |
| Submission deadline | 10 May 2021 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Active |
| Lots status | Active |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | SOUTH EAST WATER LIMITED |
| Locality | SNODLAND |
| Post town | Rochester |
| Postcode | ME6 5AH |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ4 Kent |
| ITL 3 | TLJ46 West Kent |
| Local authority | Tonbridge and Malling |
| Electoral ward | Snodland East & Ham Hill |
| Westminster constituency | Chatham and Aylesford |
| Delivery location | TLJ South East (England) |

## CPV Codes

### Divisions

- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 79212300 - Statutory audit services

## Release History

- 9 Apr 2021 at 16:21 - Planning - Planning Notice - https://www.find-tender.service.gov.uk/Notice/007458-2021

## Notice URLs

- https://www.southeastwater.co.uk

## 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-h6vhtk-02a493. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-02a493.json.