--- title: "External Audit Services" ocid: "ocds-h6vhtk-0346c8" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0346c8" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-0346c8.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-0346c8.json" source: "Find A Tender Service" current_stage: "Tender" buyer: "LONDON COUNCILS" published: "2022-06-15" --- # External Audit Services Buyer: LONDON COUNCILS Current stage: Tender OCID: ocds-h6vhtk-0346c8 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0346c8) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-0346c8.json) ## Summary The London Councils, representing London's 32 borough councils and the City of London, is currently seeking tenders for the provision of external audit services over a four-year period. This procurement process is categorised under auditing services (CPV 79212000) and is in the Tender stage. Interested parties should note that the tender period will close on 15 July 2022, with submissions to be made electronically. The delivery location for the service is 59 & Half Southwark Street, London, SE1 0AL, UK. The tender follows an open procurement method. This tender presents a significant opportunity for firms specialising in auditing and consulting services. Businesses well-versed in statutory auditing under the Companies Act 2006, along with those experienced in preparing annual accounts in accordance with UK standards, will find this a fitting opportunity. Participating businesses must demonstrate eligibility as statutory auditors and possess relevant accounting expertise, allowing them to not only grow their client base but also establish a long-term relationship with a prominent public sector entity. ## Notice London Councils represents London's 32 borough councils and the City of London. It is a cross party organisation that works on behalf of all of its member authorities regardless of political persuasion. London Councils' joint committees are established under section 101 and 102 of the Local Government Act 1972 and other enabling legislation. London Councils' governing agreement requires the production and audit of the annual accounts for the joint committees. A similar requirement exists in the Articles of Association of London Councils Limited. As a result of this requirement, London Councils has to produce annual accounts for each of its entities. The activities of the Transport and Environment Committee, the Grants Committee and the company are incorporated into London Councils Joint Committee's consolidated accounts. London Councils is inviting tenders for the provision of external audit services for a four year period, commencing with the audit of the 2022/23 financial statements and return and ending on the completion of the audit of the 2025/26 financial statements and employers' association return. On the conclusion of the annual audits, the Potential Provider shall provide an independent audit opinion and report on London Councils' financial statements and employers' return. The audit should be conducted in accordance with International Standards on Auditing (UK). ### Lot Information Lot 1 London Councils' joint committees are established under section 101 and 102 of the Local Government Act 1972 and other enabling legislation. London Councils' governing agreement requires the production and audit of the annual accounts for the joint committees. A similar requirement exists in the Articles of Association of London Councils Limited. As a result of this requirement, London Councils has to produce annual accounts for each of its entities. The activities of the Transport and Environment Committee, the Grants Committee and the company are incorporated into London Councils Joint Committee's consolidated accounts. The three joint committee accounts are prepared in accordance with proper practices set out in the CIPFA/LASAAC Code of Practice on Local Authority Accounting in the United Kingdom and the company accounts are prepared in accordance with United Kingdom Accounting Standards including FRS102. In addition, London Councils, as an employer's association, has an obligation under the Trade Union and Labour Relations (Consolidation) Act 1992 to submit an annual return (AR27) to the Certification Officer. The information included in the return is based on the audited financial accounts. The act imposes a duty on London Councils to appoint an auditor to audit the accounts included in the return and report on whether they give a true and fair view of the committee's affairs. London Councils financial year runs from the 1st of April to the 31st of March. The annual accounts are prepared by London Councils' finance section which is part of the Corporate Resources Division. London Councils is inviting tenders for the provision of external audit services for a four year period, commencing with the audit of the 2022/23 financial statements and return and ending on the completion of the audit of the 2025/26 financial statements and employers' association return. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/016419-2022 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 15 Jun 2022 | | Submission deadline | 15 Jul 2022 | | 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 | LONDON COUNCILS | | Locality | LONDON | | Post town | South East London | | Postcode | SE1 0AL | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI4 Inner London - East | | ITL 3 | TLI44 Lewisham and Southwark | | Local authority | Southwark | | Electoral ward | Borough & Bankside | | Westminster constituency | Bermondsey and Old Southwark | | Delivery location | TLI London | ## CPV Codes ### Divisions - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 79212000 - Auditing services ## Release History - 15 Jun 2022 at 13:08 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/016419-2022 ## Notice URLs - https://www.londoncouncils.gov.uk/ - https://www.londoncouncils.gov.uk/who-we-are/about-us/tenders-and-expressions-interest ## 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-0346c8. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-0346c8.json.