Opportunity

External Audit Services

  • LONDON LGPS CIV LIMITED

F21: Social and other specific services – public contracts (prior information notice with call for competition)

Notice reference: 2024/S 000-010242

Published 28 March 2024, 11:35am



Section one: Contracting authority

one.1) Name and addresses

LONDON LGPS CIV LIMITED

4th Floor,Crane Building, 22 Lavington Street

LONDON

SE10NZ

Contact

Ian Inglis

Email

ian.inglis@londonciv.org.uk

Telephone

+44 2080369030

Country

United Kingdom

NUTS code

UKI44 - Lewisham and Southwark

Companies House

9136445

Internet address(es)

Main address

https://londonciv.org.uk/

one.3) Communication

Additional information can be obtained from the above-mentioned address

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

Economic and financial affairs


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

External Audit Services

two.1.2) Main CPV code

  • 66131100 - Pension investment services

two.1.3) Type of contract

Services

two.1.4) Short description

London CIV is authorised as an Alternative Investment Fund Manager (AIFM) and had £15.9 billion of assets under management as of 31 December 2023. In support of London CIV's strategic objectives, London CIV is seeking to appoint an independent auditor. The entities included in the tender are London LGPS CIV Ltd, 18 active funds and 2 closed funds structured under an Authorised Contractual Scheme (ACS) and 6 private market funds.

two.1.5) Estimated total value

Value excluding VAT: £2,000,000

two.1.6) Information about lots

This contract is divided into lots: No

two.2) Description

two.2.3) Place of performance

NUTS codes
  • UKI - London
Main site or place of performance

Supplier must be a UK based entity with ability to attend onsite meetings on an adhoc basis.

two.2.4) Description of the procurement

External audit services for company and funds.

The ITN document may be obtained via email to ian.inglis@londonciv.org.uk

two.2.6) Estimated value

Value excluding VAT: £2,000,000

two.2.7) Duration of the contract or the framework agreement

Duration in months

60

two.2.14) Additional information

Initial 5 year contract with a break clause at year 3.


Section three. Legal, economic, financial and technical information

three.1) Conditions for participation

three.1.4) Objective rules and criteria for participation

List and brief description of rules and criteria

ITN document may be obtained on request via email to ian.inglis@londonciv.org.uk

three.2) Conditions related to the contract

three.2.1) Information about a particular profession

Execution of the service is reserved to a particular profession

Reference to the relevant law, regulation or administrative provision

Supplier must be an FCA approved auditor

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) Form of procedure

Open procedure

four.2) Administrative information

four.2.2) Time limit for receipt of expressions of interest

Date

30 April 2024

Local time

5:00pm

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

English

four.2.5) Scheduled date for start of award procedures

1 October 2024


Section six. Complementary information

six.2) Information about electronic workflows

Electronic invoicing will be accepted