--- title: "Statutory and Regulatory Audit and Related Services" ocid: "ocds-h6vhtk-0394c8" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0394c8" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-0394c8.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-0394c8.json" source: "Find A Tender Service" current_stage: "Tender" buyer: "BAZALGETTE TUNNEL LIMITED (TRADING AS TIDEWAY)" published: "2023-01-03" --- # Statutory and Regulatory Audit and Related Services Buyer: BAZALGETTE TUNNEL LIMITED (TRADING AS TIDEWAY) Current stage: Tender OCID: ocds-h6vhtk-0394c8 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0394c8) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-0394c8.json) ## Summary The public procurement contracting process involves a tender titled "Statutory and Regulatory Audit and Related Services" issued by Bazalgette Tunnel Limited, trading as Tideway. The procurement falls under the services main procurement category and is linked to the Thames Tideway Tunnel project in London. The tender is currently in the active stage, with key dates to note including the tender period ending on 6th February 2023 and the bid opening on the same day at 12:30 GMT. The value of the contract is £2,500,000 GBP. This tender presents an opportunity for businesses specializing in accounting, auditing, and fiscal services to compete for the contract. Companies must demonstrate suitability and technical competence as outlined in the Invitation To Tender (ITT) documents. Tideway aims to award the contract to the most economically advantageous tender. Interested parties can find detailed information on the contracting entity, procurement process, and requirements on Tideway's e-sourcing portal. Businesses considering bidding should carefully review the submission terms and the overall procurement timeline to ensure compliance and maximise their chances of success. ## Notice The Thames Tideway Tunnel is a major infrastructure project, urgently needed to protect the tidal River Thames from increasing pollution. London's sewerage system is no longer fit for purpose and spills tens of millions of tonnes of untreated sewage mixed with rainwater (combined sewage) into the tidal reaches of the River Thames every year. Bazalgette Tunnel Limited (BTL), is the licensed Infrastructure Provider set up to finance, build, maintain and operate the Thames Tideway Tunnel. From Licence Award, BTL trades and is known to the public as 'Tideway'. Bazalgette Tunnel Limited is part of a group of companies. Its immediate parent company is Bazalgette Holdings Limited, which is in turn wholly owned by Bazalgette Ventures Limited, and its ultimate holding company is Bazalgette Equity Limited, Bazalgette Finance plc makes up the group. The structure of the Tideway group of companies is shown in the accompanying Invitation To Tender (ITT). Tideway is therefore purchasing the Services on behalf of and for the use of the Tideway group of companies identified therein. The Tideway group of companies requires a number of services to meet statutory and regulatory audit requirements in accordance with prevailing statutory, regulative and other relevant standards. In addition, other related or advisory services may be required on an ad-hoc basis, subject always to the principle of independence. Interested parties must register on Tideway's e-sourcing portal and will be able to download the Invitation To Tender ('ITT') including the form of response to be completed and returned to submit a compliant tender. The registration process is set out in section VI.3) of this Contract Notice. The ITT contains further detail regarding Tideway, the Tideway group of companies and further detail on the Contract and the timeline and phases of the procurement. Whilst it is intended that the procurement will be run in accordance with the timeline and process described in the ITT, this contract notice and the procurement documents, Tideway reserves the right to amend or cancel any or all of the procurement at any time and/or amend the timescales. ### Lot Information Lot 1 Interested organisations should refer to II.1.4) (Short Description) and VI.3) (Additional information) and to the ITT and other procurement documents for further information on the description of the Services and the Contract. The initial term of the Contract (Initial Term) is one (1) year with options to extend for up to nine (9) further years (Additional Term) making a total possible aggregate term of ten (10) years. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/000046-2023 | | 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 | 3 Jan 2023 | | Submission deadline | 6 Feb 2023 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £2,500,000 | | Lots value | £2,500,000 | | 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 | BAZALGETTE TUNNEL LIMITED (TRADING AS TIDEWAY) | | Locality | LONDON | | Post town | South East London | | Postcode | SE1 2QG | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI4 Inner London - East | | ITL 3 | TLI44 Lewisham and Southwark | | Local authority | Southwark | | Electoral ward | London Bridge & West Bermondsey | | Westminster constituency | Bermondsey and Old Southwark | | Delivery location | Not specified | ## CPV Codes ### Divisions - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 79200000 - Accounting, auditing and fiscal services - 79210000 - Accounting and auditing services - 79212000 - Auditing services - 79212100 - Financial auditing services - 79212300 - Statutory audit services - 79212500 - Accounting review services ## Release History - 3 Jan 2023 at 11:55 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/000046-2023 ## Notice URLs - http://www.legislation.gov.uk/ - http://www.ofwat.gov.uk/regulated-companies/improving-regulation/thames-tideway/ - http://www.tideway.london - https://tideway.bravosolution.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-0394c8. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-0394c8.json.