Section one: Contracting authority
one.1) Name and addresses
Wales Audit Office
24 Cathedral Road
Cardiff
CF11 9LJ
Contact
Darren Evans
Telephone
+44 7507686066
Fax
+44 2920320600
Country
United Kingdom
NUTS code
UKL22 - Cardiff and Vale of Glamorgan
Internet address(es)
Main address
Buyer's address
https://www.sell2wales.gov.wales/search/Search_AuthProfile.aspx?ID=AA0519
one.4) Type of the contracting authority
Body governed by public law
one.5) Main activity
Other activity
Audit Services
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Invitation to tender for the Provision of Quality Monitoring Services
two.1.2) Main CPV code
- 72225000 - System quality assurance assessment and review services
two.1.3) Type of contract
Services
two.1.4) Short description
The following core services will be provided by the prospective supplier:
- one cold file review per audit of accounts director for each year of the contract (if let) (ordinarily four to five reviews per annum), to include emphasis both on compliance with standards and on audit efficiency;
- one cold file review per performance audit director for each year of the contract (if let) (ordinarily three reviews per annum), to include emphasis both on compliance with standards, audit efficiency and impact;
- review of the system of quality management under ISQM 1;
- advice on good practice and cutting-edge developments in audit methodology and quality.
two.1.6) Information about lots
This contract is divided into lots: No
two.1.7) Total value of the procurement (excluding VAT)
Value excluding VAT: £350,000
two.2) Description
two.2.2) Additional CPV code(s)
- 72225000 - System quality assurance assessment and review services
two.2.3) Place of performance
NUTS codes
- UKL22 - Cardiff and Vale of Glamorgan
Main site or place of performance
Cardiff
two.2.4) Description of the procurement
The Wales Audit Office is seeking to appoint a supplier to provide quality monitoring services in respect of the accounts with effect from 2021-22 audit year and performance audit work over the period of the contract.
two.2.5) Award criteria
Quality criterion - Name: Evidence of your organisations experience of undertaking cold file reviews of audits carried out in accordance with International Standards / Weighting: 30
Quality criterion - Name: Evidence of your organisation’s experience of undertaking whole of firm review work, in accordance with ISQM 1 and ISQC 1 / Weighting: 20
Quality criterion - Name: Detail of your organisation’s experience of providing training support on audit quality issues / Weighting: 10
Price - Weighting: 30
two.2.11) Information about options
Options: No
two.2.13) Information about European Union Funds
The procurement is related to a project and/or programme financed by European Union funds: No
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Open procedure
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: Yes
four.2) Administrative information
four.2.1) Previous publication concerning this procedure
Notice number: 2022/S 000-029960
Section five. Award of contract
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
12 December 2022
five.2.2) Information about tenders
Number of tenders received: 1
Number of tenders received from SMEs: 1
Number of tenders received from tenderers from other EU Member States: 0
Number of tenders received from tenderers from non-EU Member States: 1
Number of tenders received by electronic means: 1
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
ICAEW
Metropolitan House, 4 Rillaton Walk
Milton Keynes
MK92FZ
Telephone
+44 7920800843
Country
United Kingdom
NUTS code
- UK - United Kingdom
The contractor is an SME
Yes
five.2.4) Information on value of contract/lot (excluding VAT)
Initial estimated total value of the contract/lot: £350,000
Total value of the contract/lot: £300,000
Section six. Complementary information
six.3) Additional information
(WA Ref:127817)
six.4) Procedures for review
six.4.1) Review body
High Court
Royal Courts of Justice, The Strand
London
WC2A 2LL
Telephone
+44 2079477501
Country
United Kingdom