---
title: "External Audit Services (2018 - 2021)"
ocid: "ocds-r6ebe6-0000543339"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000543339"
markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000543339.md"
json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000543339.json"
source: "Public Contracts Scotland"
current_stage: "Award"
buyer: "ARDENGLEN HOUSING ASSOCIATION LTD"
published: "2018-10-05"
---

# External Audit Services (2018 - 2021)

Buyer: ARDENGLEN HOUSING ASSOCIATION LTD  
Current stage: Award  
OCID: ocds-r6ebe6-0000543339

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## Summary

Ardenglen Housing Association Ltd is seeking bids for the "External Audit Services (2018 - 2021)" contract, aimed at executing the audit services for its financial statements from 2018/19 through 2021. Located in Glasgow, the procurement is currently in the active stage, with a deadline for submissions set for 24th July 2018. This open procedure tender is classified under the services category, specifically concerning housing and community amenities, and it also meets the requirements of public procurement regulations.

This opportunity represents a significant potential for growth for businesses that specialise in audit services, particularly those with experience in the public sector and strong compliance capabilities. Firms that can demonstrate previous experience with similar projects, especially those adhering to regulatory standards, will be well-positioned to compete. Notably, the contract offers a three-year term with the potential for two one-year extensions, which may result in ongoing business opportunities for successful bidders.

## Notice

The principal requirement is for the provision of audit service from 2018/19 to 2021 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 Ardenglen HA Ltd and subsidiaries 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 external audit and tax services will include, but not limited to: a) The planning, management and efficient execution of the annual external audit of the Organisation's financial statements. b) Preparation of an annual audit plan for each company to be made available to the management by March before the commencement of the final audit in May. c) Formal reporting to the Board of Management and Subsidiaries Boards. This will typically consist of attending and presenting at the August meetings and presenting the findings, final accounts, letter of representation and a comprehensive management letter for each company. d) Meeting with management pre and post audit to discuss audit plan and audit report respectively in advance of Board meetings. e) Generation of the final financial statements on behalf of Ardenglen HA & subsidiaries. f) Audit field work on site for up to 7 days and up to 3 days for the final audit. Regular progress updates to management to be provided during the field work, concluding with a clearance meeting encompassing all audit issues. g) Attendance at Ardenglen HA's Annual General Meeting with a report presentation. - Ardenglen HA Ltd - 2nd Tuesday in Sepember - Ardenglen Developments Ltd - to be agreed h) Provision of timely and accurate advice and guidance on technical accounting and finance issues. Owing to the time critical nature of the process of preparations of annual financial statements it is expected that the principal external auditor contacts will be readily available by telephone/email and will provide a full response to requests within 2 working days. i) Timely provision of model financial statements, relevant technical accounting updates, including relevant Financial Reporting Standards, Statement of Recommended Practice and Accounting Orders. j) Excellent and timely communication between auditor and client on all matters, including feedback on information supplied and immediate feedback on any predicted costs over-runs. k) The provision of added value and innovation to the audit process. l) The supplier is expected to use their skills, knowledge and expertise to identify any gaps in this scope and address them in their submission. m) Co-operation within the Organisation's internal auditors where you wish to rely on their assurances work when planning the statutory audit. n) As required, preparation of Ardenglen HA and subsidiaries Corporation Tax Return by the end of September each year.

Renewal: The contract period will be for 36 months (3 years) with the options to extend for 2x 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=OCT333518 |
| Notice type | PCS Notice - Website Contract Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 5 Oct 2018 |
| Submission deadline | 24 Jul 2018 |
| Future notice date | Not specified |
| Award date | 15 Aug 2018 |
| Contract period | Not specified |
| Recurrence | July 2021 or 2023 if extension option are taken |

## Values

| Field | Value |
| --- | --- |
| Tender value | £70,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £34,355 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | ARDENGLEN HOUSING ASSOCIATION LTD |
| Locality | GLASGOW |
| Post town | Glasgow |
| Postcode | G45 0HF |
| Country | Scotland |
| ITL 1 | TLM Scotland |
| ITL 2 | TLM3 West Central Scotland |
| ITL 3 | TLM32 Glasgow City |
| Local authority | Glasgow City |
| Electoral ward | Linn |
| Westminster constituency | Glasgow South |
| Delivery location | TLM82 Glasgow City |

## 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

- 5 Oct 2018 at 00:00 - Award - PCS Notice - Website Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT333518
- 3 Jul 2018 at 00:00 - Tender - PCS Notice - Website Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUL324004

## Documents

- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL324004&idx=13
  10th July 2018 - 1617 Ardenglen Developments Ltd Annual Accounts
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL324004&idx=7
  5th July 2018 - ITT Appendix C - Tender Response Quality (60%)
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL324004&idx=12
  5th July 2018 - ITT Appendix C - Tender Response Quality (60%)
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL324004&idx=2
  3rd July 2018 - Invitation to Tender
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL324004&idx=11
  3rd July 2018 - Invitation to Tender 7'18
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL324004&idx=1
  3rd July 2018 - ESPD
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL324004&idx=3
  3rd July 2018 - ITT - Appendix 1 Organisation Chart
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL324004&idx=4
  3rd July 2018 - ITT Appendix 2 1617 Financial Statements
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL324004&idx=5
  3rd July 2018 - ITT Appendix A - Tender Response & Company Info.
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL324004&idx=6
  3rd July 2018 - ITT Appendix B - Tender Response Fee Bid
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL324004&idx=8
  3rd July 2018 - ITT Appendix D - Tender Response Declaration
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL324004&idx=9
  3rd July 2018 - ITT Appendix E - Tender Response Anti Collusion Non Canvassing & Conflict of Interest Statements
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL324004&idx=10
  3rd July 2018 - Ext Audit Tender - Tender Process 7'17
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUL324004
  External Audit Services (2018 - 2021) - The principal requirement is for the provision of audit service from 2018/19 to 2021 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 Ardenglen HA Ltd and subsidiaries 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=OCT333518
  External Audit Services (2018 - 2021) - The principal requirement is for the provision of audit service from 2018/19 to 2021 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 Ardenglen HA Ltd and subsidiaries 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.ardenglen.co.uk
- http://www.publiccontractsscotland.gov.uk
- https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000543339

## 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-r6ebe6-0000543339. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000543339.json.