---
title: "Statutory Audit Services"
ocid: "ocds-h6vhtk-037574"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-037574"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-037574.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-037574.json"
source: "Find A Tender Service"
current_stage: "Tender"
buyer: "FLOOD RE"
published: "2022-10-13"
---

# Statutory Audit Services

Buyer: FLOOD RE  
Current stage: Tender  
OCID: ocds-h6vhtk-037574

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-037574)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-037574.json)

## Summary

The public procurement process concerns the procurement of Statutory Audit Services by Flood Re, a UK-based organisation. The service falls under the financial management consultancy services category. The procurement is at the tender stage with a contract value of £4,400,000.00 GBP. The deadline for submissions is 9th January 2023. Flood Re's offices are located at 75 King William Street, London, EC4N 7BE, United Kingdom.

This tender for Statutory Audit Services by Flood Re presents an opportunity for businesses in the financial management consultancy services sector. Companies with expertise in financial auditing and relevant public sector experience are well-suited to compete. The procurement method for this opportunity is an open procedure, encouraging a competitive bidding process with a focus on audit quality, industry expertise, and competitive pricing.

## Notice

Flood Re seeks to re-procure its external statutory audit services in accordance with its commitment to stakeholders The objective of the statutory audit is to express an opinion, as to whether the financial statements of Flood Re present fairly, in all material respects, the financial position, results of operations and changes in cash flow in accordance with applicable accounting standards. The external auditor will be required to auditor Flood Re's financial statements primarily based on IFRS 17, but will also be required to audit the IFRS 4 equivalent due to Flood Re's public accounting obligations.

### Lot Information

Lot 1

Flood Re seeks to re-procure its external statutory audit services in accordance with its commitment to stakeholders. The objective of the statutory audit is to express an opinion, as to whether the financial statements of Flood Re present fairly, in all material respects, the financial position, results of operations and changes in cash flow in accordance with applicable accounting standards. The external auditor will be required to auditor Flood Re's financial statements primarily based on IFRS 17, but will also be required to audit the IFRS 4 equivalent due to Flood Re's public accounting obligations.

Renewal: Optional extension period of 36 months

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/028843-2022 |
| 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 | 13 Oct 2022 |
| Submission deadline | 9 Jan 2023 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £4,400,000 |
| 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 | FLOOD RE |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC4N 7BE |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | City of London |
| Electoral ward | Candlewick |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | TLI London |

## CPV Codes

### Divisions

- 66 - Financial and insurance services
- 72 - IT services: consulting, software development, Internet and support
- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 66519600 - Actuarial services
- 72212442 - Financial systems software development services
- 79211200 - Compilation of financial statements services
- 79412000 - Financial management consultancy services

## Release History

- 13 Oct 2022 at 13:04 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/028843-2022

## Notice URLs

- http://www.floodre.co.uk/about-us/
- https://procurementsolutions.esourcingportal.com
- https://www.gov.uk/government/publications/public-procurement-review-service-scope-and-remit

## 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-037574. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-037574.json.