Official UK procurement notice
External Audit · BDO LLP for The Riverside Group Limited (May 2021)
Authority: The Riverside Group Limited (Public body)·Consortium: 2 public authorities
What is being bought
Published requirement descriptionTRGL has appointed a single Candidate to cover (a) external audit (b) certification of loan covenant compliance commencing for the financial year ending March 2022.
- Recurrence: 60
CPV: Financial auditing services
The lotProcurement structure
single lot · value publishedLot #1TRGL has appoinedt a single Candidate to cover (a) external audit (b) certification of…AwardedRenewalPublished value£1,250,000
TRGL has appoinedt a single Candidate to cover (a) external audit (b) certification of loan covenant compliance commencing for the financial year ending March 2022.
a. External Audit - This covers external audit of all the statutory entities in the Group and includes attendance at the Group Audit Committee (four meetings per year).
b. Certification of loan covenant compliance - The exact requirements vary from year to year and according to lender. Currently, one covenant compliance certificate requires audit each year.
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Published sub-criteria (2)
- Quality: 50%
- Cost: 50%
Published award criteria (2)
- Quality: 50%
- Cost: 50%
- Suitability
Tenderers must be authorised by a recognised accounting body, either ICAEW or ICAS, to carry out statutory audit.
- Staff
- Names and qualifications of delivery staff must be submitted
- Price carries 50 of 100 points: a 10% discount moves about 5 points. This one is won on the number: sharpen the price before polishing the prose.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record- Procedure method
- Open procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Awarded
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- Yes · 60
- First published
- 6 May 2021, 11:49 BST
- Last source update
- 15 Oct 2021, 16:19 BST
- Award evaluation window
- 7 Jun 2021 – …
- Authority reference
TRGBS-101- FTS notice number
2021/S 000-025882- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-02adcbFind a Tender
- Electronic trading
- e-invoicing allowed · electronic ordering · electronic payment
How it was run
Official notice- Submission deadline
- 7 Jun 2021, 12:00 BST
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bid validity
- 180 days from the deadline
- Bids opened
- 7 Jun 2021, 13:00 BST
Timeline
7 Jun 2021 → 15 Oct 2021 · 3 dates- Submission deadline7 Jun 2021, 12:00 BST
- Bids opened7 Jun 2021, 13:00 BST
- Notice published15 Oct 2021, 16:19 BST
Notice history
2 events · 2 releases on Find a Tender · since 15 Oct 2021- Status changed to complete15 Oct 2021, 16:19 BST
- Buyer details updated15 Oct 2021, 16:19 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| BDO LLP | £1,473,000 † | — | Awarded |
Contracts
External Audit · BDO LLP
- Signed
- 3 Aug 2021
- Value
- £1,473,000
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 1bids | — | — | — |
Contracting authority & participating public bodies
2 public bodies on the noticeConsortium members and other public bodies
- The Riverside Group LtdContracting authorityCentral purchasing bodyBody governed by public lawHousing and community amenities
Dispute resolution & review bodies
- Royal Court of JusticeReview body
- The Royal Court of JusticeReview body
Bidders & participating suppliers
1 commercial party on the notice- BDO LLPAwarded supplier
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria