---
title: "Audit of HIE Subsidiaries"
ocid: "ocds-r6ebe6-0000682234"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000682234"
markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000682234.md"
json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000682234.json"
source: "Public Contracts Scotland"
current_stage: "Award"
buyer: "HIGHLANDS AND ISLANDS ENTERPRISE"
published: "2022-03-18"
---

# Audit of HIE Subsidiaries

Buyer: HIGHLANDS AND ISLANDS ENTERPRISE  
Current stage: Award  
OCID: ocds-r6ebe6-0000682234

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000682234)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000682234.json)

## Summary

The procurement process titled "Audit of HIE Subsidiaries" was initiated by Highlands and Islands Enterprise, a regional economic development agency located at Inverness Campus, Inverness, UK. This open procedure aims to appoint a qualified supplier to conduct audits and prepare financial documents for its subsidiaries over an initial contract period of three years, with a possible one-year extension. The total budget for this contract is estimated between GBP 70,000 and GBP 85,000 (excluding VAT), with the tender period ending on 25 February 2022 and awards taking effect shortly thereafter.

This contract presents significant opportunities for accounting and auditing firms, particularly those experienced in public sector work and familiar with the specific regulatory framework in Scotland. Businesses that can provide comprehensive auditing services and demonstrate a strong commitment to value for money will be well-positioned to compete. Additionally, firms that are members of recognised accounting bodies and hold the requisite professional indemnity insurance will likely meet the selection criteria effectively, enabling them to engage in this lucrative procurement.

## Notice

HIE requires a suitably qualified and experienced supplier to provide the requirements as detailed in the Scope of Requirements, whilst offering best value in the expenditure of public funds It is expected that these services will be required from April 2022 for an initial period of 3 years, with HIE having the option to extend for a period or periods together not exceeding 1 year following the Initial Term. The initial 3 year budget currently available to deliver this service is between GBP70,000 and GBP85,000 (excluding VAT).

### Lot Information

Lot 1

This is a Contract AWARD Notice and as such the procurement process is complete. HIE has three active subsidiaries, Wave Energy Scotland, Cairngorm Mountain (Scotland) Ltd, HIE Ventures Limited and a joint venture with Orkney Island Council (ORIC) which require to be audited and consolidated in HIE's Consolidation pack. In addition, we require the preparation and submission of the tax returns. HIE is looking to appoint a supplier to prepare Annual Accounts Documents, Consolidation packs and carry out Audits of HIE's subsidiaries as detailed in the Scope of Requirements.. Economic operators may be excluded from this competition if they are in any of the situations referred to in regulation 8 and 9 of the Procurement (Scotland) Regulations 2016.

Renewal: The Contract will be awarded for an initial period of 3 years with HIE having the option to extend for a period or periods together not exceeding 1 year following the Initial Term.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Public Contracts Scotland |
| Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR443917 |
| Notice type | PCS Notice - Website Contract Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 18 Mar 2022 |
| Submission deadline | 25 Feb 2022 |
| Future notice date | Not specified |
| Award date | 18 Mar 2022 |
| Contract period | Not specified |
| Recurrence | HIE reserves the right to re-tender for these services upon termination of the contract or at the end of the contract period, including any extension period. |

## Values

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

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | HIGHLANDS AND ISLANDS ENTERPRISE |
| Additional buyers | CAIRNGORM MOUNTAIN (SCOTLAND) LTD; HIE VENTURES LIMITED; ORKNEY RESEARCH AND INNOVATION CAMPUS LLP; WAVE ENERGY SCOTLAND LIMITED |
| Locality | INVERNESS |
| Post town | Inverness |
| Postcode | IV2 5NA |
| Country | Scotland |
| ITL 1 | TLM Scotland |
| ITL 2 | TLM2 Highlands and Islands |
| ITL 3 | TLM20 Highlands and Islands |
| Local authority | Highland |
| Electoral ward | Inverness South |
| Westminster constituency | Inverness, Skye and West Ross-shire |
| Delivery location | TLM6 Highlands and Islands |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | SAFFERY CHAMPNESS |

## CPV Codes

### Divisions

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

### Codes

- 79210000 - Accounting and auditing services
- 79212000 - Auditing services
- 79212100 - Financial auditing services

## Release History

- 18 Mar 2022 at 00:00 - Award - PCS Notice - Website Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR443917
- 4 Feb 2022 at 00:00 - Tender - PCS Notice - Website Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB439794

## Documents

- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=FEB439794&idx=1
  4th February 2022 - Scope of Requirements
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=FEB439794&idx=2
  4th February 2022 - Award Criteria Response Form
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=FEB439794&idx=3
  4th February 2022 - Pricing Proforma
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=FEB439794&idx=4
  4th February 2022 - Cyber Security Response Form
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=FEB439794&idx=5
  4th February 2022 - Terms and Conditions
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=FEB439794&idx=6
  4th February 2022 - Forms for Signature
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=FEB439794&idx=7
  4th February 2022 - Community Benefits & Fair Work Practices Guidance
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=FEB439794&idx=8
  4th February 2022 - Community Benefits & Fair Work Practices Response Form
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=FEB439794&idx=9
  4th February 2022 - HIE Conflicts of Interest Policy
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=FEB439794&idx=10
  4th February 2022 - HIE Business Travel Policy
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB439794
  Audit of HIE Subsidiaries - HIE requires a suitably qualified and experienced supplier to provide the requirements as detailed in the Scope of Requirements, whilst offering best value in the expenditure of public funds It is expected that these services will be required from April 2022 for an initial period of 3 years, with HIE having the option to extend for a period or periods together not exceeding 1 year following the Initial Term. The initial 3 year budget currently available to deliver this service is between GBP70,000 and GBP85,000 (excluding VAT).
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR443917
  Audit of HIE Subsidiaries - HIE requires a suitably qualified and experienced supplier to provide the requirements as detailed in the Scope of Requirements, whilst offering best value in the expenditure of public funds It is expected that these services will be required from April 2022 for an initial period of 3 years, with HIE having the option to extend for a period or periods together not exceeding 1 year following the Initial Term. The initial 3 year budget currently available to deliver this service is between GBP70,000 and GBP85,000 (excluding VAT).

## Notice URLs

- http://
- http://www.hie.co.uk
- http://www.hse.gov.uk/pubns/hse40.pdf
- http://www.publiccontractsscotland.gov.uk
- https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000682234

## 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-r6ebe6-0000682234. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000682234.json.