Find a TenderAwarded
Published 24 Jan 2023, 11:16 GMT

Official UK procurement notice

Provision of External Audit Services

Official notice

Authority: Pembrokeshire College (Education)

ServicesOpen procedure
Published estimate£200,000≈ £67k / year22.5% below published estimate
Submissions closed 6 Mar 2023awarded 4 Jul 2023
Awarded to Azets
Contract term 3 yrsends 31 Jul 2026 · extension options published · starts 1 Aug 2023

What is being bought

Published requirement description

External Audit is responsible for forming an independent opinion on the College’s accounts and other Financial Statements which are to be laid before the Governing Body

  • Recurrence: Either in 3, 4 or 5 years. Dependent on if the extension options are used

CPV: Accounting and auditing services · Accounting, auditing and fiscal services · Auditing services · Financial auditing services · Statutory audit services

The lotProcurement structure

single lot · no lot value published
Lot #1AwardedRenewal 3 yrs
Contract period: 1 Aug 2023 – 31 Jul 2026 (3 yrs)
Delivery: Wales
Extensions: 2 years extension in 1 year incrementsVariant bids: not allowed

What it takes to win
i

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 more
How bids were scored
Quality: 49%Price: 50%
Published sub-criteria (14)
  • Management Structure: 7%
  • Number of Staff / Qualifications: 7%
  • Managing Resource Shortfalls: 3%
  • Role of Audit Manager: 4%
  • Implementation Plan: 3%
  • Audit Methodology and Approach: 3%
  • Performing Quality Reviews: 3%
  • Managing Shortfall in Performance: 4%
  • Other Contract Requirements: 2%
  • Sample Reports: 5%
  • Additional factors - Professional Development Updating: 2%
  • Sector knowledge - FE Key Requirements: 3%
  • Added Value: 3%
  • price: 50%
Published award criteria (14)
  • Management Structure: 7
  • Number of Staff / Qualifications: 7
  • Managing Resource Shortfalls: 3
  • Role of Audit Manager: 4
  • Implementation Plan: 3
  • Audit Methodology and Approach: 3
  • Performing Quality Reviews: 3
  • Managing Shortfall in Performance: 4
  • Other Contract Requirements: 2
  • Sample Reports: 5
  • Additional factors - Professional Development Updating: 2
  • Sector knowledge - FE Key Requirements: 3
  • Added Value: 3
  • Price: 50
Conditions of participation2
  • Suitability

    CCAB Member

  • Technical & professional ability

    CCAB Member

What this means for your bid
  • Price carries 50 of 99 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 · publisher note attached
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
Yes (GPA)
Recurring procurement
Yes · Either in 3, 4 or 5 years. Dependent on if the extension options are used
First published
24 Jan 2023, 11:16 GMT
Last source update
4 Jul 2023, 08:53 BST
Award evaluation window
6 Mar 2023 – …
Authority reference
PCT313
FTS notice number
2023/S 000-018931
Classification (CPV)
Accounting and auditing servicesAccounting, auditing and fiscal servicesAuditing servicesFinancial auditing servicesStatutory audit services
Delivery area
Wales (UKL14)
Official registry OCID
ocds-h6vhtk-039a0d Find a Tender

Publisher note: (WA Ref:132853)

How it was run

Official notice
Run through: Jaggaer · Who buys & how to bid on Sell2Wales
Supplier login requiredLanguage: EN
Access & registration note: Free; latest Chrome/Edge/Firefox only — corporate browsers fail
Submission deadline
6 Mar 2023, 10:00 GMT
Submission channel
{"electronicSubmission"}
Accepted languages
en
Bid validity
120 days from the deadline
Bids opened
6 Mar 2023, 10:30 GMT
Detailed submission instructions & authority contactsFrom official release

Timeline

6 Mar 2023 → 1 Aug 2023 · 4 dates
  1. Submission deadline
    6 Mar 2023, 10:00 GMT
  2. Bids opened
    6 Mar 2023, 10:30 GMT
  3. Notice published
    4 Jul 2023, 08:53 BST
  4. Contract starts
    1 Aug 2023, 00:00 BST

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    4 Jul 2023, 08:53 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £155,0001 contract exc. VAT
Bids received 3
Contracts signed 1latest 4 Jul 2023
Awarded toValueDateStatus
Azets£155,000 †—Awarded

Contracts

  • Contract 018931-2023-PCT313-1 · Azets

    Signed
    4 Jul 2023
    Value
    £155,000
    Period
    … – 31 Jul 2026
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
3bids · 3 electronic0——

Contracting authority & participating public bodies

Pembrokeshire College

Contracting authorityEducationCollegeEducation Merlins Bridge, Haverfordwest, Pembrokeshire, SA61 1SZ, Pembrokeshire, Wales, SA61 1SZContact name, email Published organisation website ↗

Dispute resolution & review bodies

  • High CourtReview body LondonContact phone

Bidders & participating suppliers

1 commercial party on the notice
  • AzetsAwarded supplier Charter Court, Phoenix Way, Enterprise Park, Swansea, Wales, SA79FSContact phone

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.