---
title: "External Audit and Taxation Services till 2022"
ocid: "ocds-r6ebe6-0000516449"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000516449"
markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000516449.md"
json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000516449.json"
source: "Public Contracts Scotland"
current_stage: "Award"
buyer: "WESLO HOUSING MANAGEMENT LTD"
published: "2018-01-16"
---

# External Audit and Taxation Services till 2022

Buyer: WESLO HOUSING MANAGEMENT LTD  
Current stage: Award  
OCID: ocds-r6ebe6-0000516449

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## Summary

Weslo Housing Management Ltd is currently overseeing a public procurement process for "External Audit and Taxation Services till 2022" within the housing and community amenities sector. Located in Bathgate, UK, this tender, which falls under the selective procurement method (Restricted procedure), has a total value of £110,000 and is intended to ensure continuity of services from 2017/18 through to 2022. The submission deadline for this procurement was on November 16, 2017, with invitations for the second stage of the tender process set for November 27, 2017.

This contracting opportunity is well-suited for small to medium-sized enterprises (SMEs) specialising in auditing and taxation services, especially those already familiar with public sector requirements. Successful suppliers will benefit from extending their client portfolio, providing critical services such as independent statutory financial audits and compliance advice to Weslo Housing Management and its consolidated groups. This is particularly appealing for firms looking to gain or enhance their experience in public sector contracts while contributing positively to community benefits stipulated in the procurement conditions.

## Notice

The principal requirement is for the provision of external audit service from 2017/18 to 2022 to ensure continuity of service and provide economies of scale to the service provision. The successful supplier will independently audit the statutory financial statements of WHM and WIL and the consolidated financial statements of the Group, for compliance with applicable law, auditing and accounting standards and the needs of lenders in respect of loan covenants. External audit is a requirement of the Regulatory Standards of Governance and Financial Management published by the SHR and Company Law.

### Lot Information

Lot 1

The principal requirement is for the provision of external audit service from 2017/18 to 2022 to ensure continuity of service and provide economies of scale to the service provision. The successful supplier will independently audit the statutory financial statements of WHM and WIL and the consolidated financial statements of the Group, for compliance with applicable law, auditing and accounting standards and the needs of lenders in respect of loan covenants. External audit is a requirement of the Regulatory Standards of Governance and Financial Management published by the SHR and Company Law. The external audit and tax service will include, but not be limited to: a) Meetings with management pre and post audit to discuss audit plan and audit report respectively as required. b) The planning, management and efficient execution of the annual external audit of the Group and individual Company financial statements. c) The planning, management and efficient execution of the annual external audit of WIL (wholly owned subsidiary). d) VAT services, including ad hoc advice and review of VAT documentation. e) Corporation tax advice, completion of related returns and submission to HMRC. f) Preparation of an annual audit plan and audit check list for each company to be made available to management for the March Board Meeting. g) Formal reporting to the Executive Team to consist of presenting the findings, final accounts, letter of representation and a comprehensive management letter for each company. h) Audit field work on site for up to three days for the interim audit and up to two weeks for the final audit. Regular progress updates to management to be provided during the field work, concluding with a closing meeting covering any audit issues. i) Attendance at WHM and WIL Annual General Meeting with the possibility of a report presentation. j) Provision of timely and accurate advice and guidance on technical accounting and finance issues, including corporation tax. Owing to the time critical nature of the process of preparation of annual financial statements it is expected that the principal external audit contacts will be readily available by telephone/email and will provide a full response to requests within 2 working days. k) Timely provision of model financial statements, relevant technical accounting updates, including relevant Financial Reporting Standards, Statements of Recommended Practice and Accounting Orders including seminars and client training sessions. l) Excellent and timely communication between auditor and client on all matters, including feedback on information supplied and immediate feedback on any predicted cost over- runs. m) The provision of added value and innovation to the audit process. n) The supplier is expected to use their skill, knowledge and expertise to identify any gaps in this scope and address them in their submission. o) Co-operation with WHM internal auditors where you wish to rely on their assurance work when planning the statutory audit.

Renewal: The contract period will be for 36 months (3 years) with the options to extend for 2 x additional 12 months (single years) based on performance within the contract.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Public Contracts Scotland |
| Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JAN306630 |
| Notice type | PCS Notice - Website Contract Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 16 Jan 2018 |
| Submission deadline | 16 Nov 2017 |
| Future notice date | Not specified |
| Award date | 12 Jan 2018 |
| Contract period | Not specified |
| Recurrence | October/November 2021 |

## Values

| Field | Value |
| --- | --- |
| Tender value | £110,000 |
| Lots value | £110,000 |
| Awards value | Not specified |
| Contracts value | £79,662 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | WESLO HOUSING MANAGEMENT LTD |
| Locality | BATHGATE |
| Post town | Edinburgh |
| Postcode | EH48 4PP |
| Country | Scotland |
| ITL 1 | TLM Scotland |
| ITL 2 | TLM1 East Central Scotland |
| ITL 3 | TLM14 West Lothian |
| Local authority | West Lothian |
| Electoral ward | Bathgate |
| Westminster constituency | Bathgate and Linlithgow |
| Delivery location | TLM78 West Lothian |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | RSM |

## CPV Codes

### Divisions

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

### Codes

- 79212000 - Auditing services

## Release History

- 16 Jan 2018 at 00:00 - Award - PCS Notice - Website Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JAN306630
- 24 Oct 2017 at 00:00 - Tender - PCS Notice - Website Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT299004

## Documents

- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=OCT299004&idx=1
  24th October 2017 - PP & ESPD Guidance - External Audit_final
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=OCT299004&idx=2
  24th October 2017 - ESPD v1 9 -Weslo External Audit_final
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT299004
  External Audit and Taxation Services till 2022 - The principal requirement is for the provision of external audit service from 2017/18 to 2022 to ensure continuity of service and provide economies of scale to the service provision. The successful supplier will independently audit the statutory financial statements of WHM and WIL and the consolidated financial statements of the Group, for compliance with applicable law, auditing and accounting standards and the needs of lenders in respect of loan covenants. External audit is a requirement of the Regulatory Standards of Governance and Financial Management published by the SHR and Company Law.
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JAN306630
  External Audit and Taxation Services till 2022 - The principal requirement is for the provision of external audit service from 2017/18 to 2022 to ensure continuity of service and provide economies of scale to the service provision. The successful supplier will independently audit the statutory financial statements of WHM and WIL and the consolidated financial statements of the Group, for compliance with applicable law, auditing and accounting standards and the needs of lenders in respect of loan covenants. External audit is a requirement of the Regulatory Standards of Governance and Financial Management published by the SHR and Company Law.

## Notice URLs

- http://
- http://www.publiccontractsscotland.gov.uk/
- http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2361
- http://www.weslo-housing.org/
- https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000516449

## 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-r6ebe6-0000516449. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000516449.json.