Tender

External Audit

  • The Riverside Group Ltd

F02: Contract notice

Notice identifier: 2021/S 000-009818

Procurement identifier (OCID): ocds-h6vhtk-02adcb

Published 6 May 2021, 11:49am



Section one: Contracting authority

one.1) Name and addresses

The Riverside Group Ltd

2 Estuary Boulevard

Speke

L24 8RF

Contact

Carla Kelly

Email

carla.kelly@riverside.org.uk

Country

United Kingdom

NUTS code

UKD72 - Liverpool

National registration number

30938R

Internet address(es)

Main address

www.riverside.org.uk

one.2) Information about joint procurement

The contract is awarded by a central purchasing body

one.3) Communication

The procurement documents are available for unrestricted and full direct access, free of charge, at

http://riversource.wax-live.com

Additional information can be obtained from the above-mentioned address

Tenders or requests to participate must be submitted electronically via

http://riversource.wax-live.com

Tenders or requests to participate must be submitted to the above-mentioned address

one.4) Type of the contracting authority

Body governed by public law

one.5) Main activity

Housing and community amenities


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

External Audit

Reference number

TRGBS-101

two.1.2) Main CPV code

  • 79212100 - Financial auditing services

two.1.3) Type of contract

Services

two.1.4) Short description

TRGL seeks to appoint a single Candidate to cover (a) external audit (b) certification of loan covenant compliance commencing for the financial year ending March 2022.

two.1.5) Estimated total value

Value excluding VAT: £1,250,000

two.1.6) Information about lots

This contract is divided into lots: No

two.2) Description

two.2.3) Place of performance

NUTS codes
  • UKD72 - Liverpool

two.2.4) Description of the procurement

TRGL seeks to appoint 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.

two.2.5) Award criteria

Price is not the only award criterion and all criteria are stated only in the procurement documents

two.2.6) Estimated value

Value excluding VAT: £1,250,000

two.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Duration in months

36

This contract is subject to renewal

Yes

Description of renewals

Two further optional extensions of 12 months each

two.2.10) Information about variants

Variants will be accepted: No

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 three. Legal, economic, financial and technical information

three.1) Conditions for participation

three.1.1) Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers

List and brief description of conditions

Tenderers must be authorised by a recognised accounting body, either ICAEW or ICAS, to carry out statutory audit.

three.1.2) Economic and financial standing

Selection criteria as stated in the procurement documents

three.1.3) Technical and professional ability

Selection criteria as stated in the procurement documents

three.2) Conditions related to the contract

three.2.3) Information about staff responsible for the performance of the contract

Obligation to indicate the names and professional qualifications of the staff assigned to performing the contract


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: No

four.2) Administrative information

four.2.2) Time limit for receipt of tenders or requests to participate

Date

7 June 2021

Local time

12:00pm

four.2.4) Languages in which tenders or requests to participate may be submitted

English

four.2.6) Minimum time frame during which the tenderer must maintain the tender

Duration in months: 6 (from the date stated for receipt of tender)

four.2.7) Conditions for opening of tenders

Date

7 June 2021

Local time

1:00pm


Section six. Complementary information

six.1) Information about recurrence

This is a recurrent procurement: Yes

Estimated timing for further notices to be published: 60

six.2) Information about electronic workflows

Electronic ordering will be used

Electronic invoicing will be accepted

Electronic payment will be used

six.4) Procedures for review

six.4.1) Review body

Royal Court of Justice

The Strand

London

WC2A 2LL

Country

United Kingdom