Section one: Contracting authority
one.1) Name and addresses
FREEPORT EAST LIMITED
Parkeston Quay,Parkeston
HARWICH
CO12 4SR
Contact
marie Finbow
marie.finbow@freeporteast.co.uk
Telephone
+44 7825732005
Country
United Kingdom
Region code
UKH - East of England
Companies House
14525587
Internet address(es)
Main address
https://www.freeporteast.co.uk
one.4) Type of the contracting authority
Other type
Freeport
one.5) Main activity
Economic and financial affairs
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Appointment of an External Auditor
two.1.2) Main CPV code
- 66000000 - Financial and insurance services
two.1.3) Type of contract
Services
two.1.4) Short description
Freeport East Ltd is seeking an independent external auditor to review the financial information of our company and report back on findings.
The Company is required to file its first set of audited Accounts (made up from 6 December 2022 to 31 March 2023; and April 2023 to 31 March 2024) with Companies House by 6 September 2024.
Our first Annual General Meeting is due to be held on 26 September 2024, and we would like to present a full set of audited accounts and the Auditors Report to our members at this meeting.
The audit process will be overseen by the company's Finance and Audit Committee, which is a sub-group of the Supervisory Board. The Finance and Audit Committee is led by the Accountable Body's Section 151 officer and whose membership includes the company's chair of the Board and another Board director. Meetings are held virtually every two months.
The Supervisory Board sets the strategic direction of Freeport East and approves the company's strategic decisions, including annual budget, business plan and longer-term strategy.
To be successful as an external auditor, you should have excellent knowledge of auditing principles, be analytical, and have good communication skills. Ultimately, we are looking for an external auditor who can make informed and rational decisions, be objective, and is detail orientated.
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: £10,000
two.2) Description
two.2.3) Place of performance
NUTS codes
- UKH - East of England
Main site or place of performance
Harwich, Essex
two.2.4) Description of the procurement
The company is looking to appoint an external auditor for a period of 12 months, with the opportunity to extend the contract for a further 24 months, based on acceptable performance in the first 12 months and upon approval by the Supervisory Board.
To be successful as an external auditor, you should have excellent knowledge of auditing principles, be analytical, and have good communication skills. Ultimately, we are looking for an external auditor who can make informed and rational decisions, be objective, and is detail orientated.
External Auditor Responsibilities:
• Evaluating financial statements and assessing accounts for accuracy and compliance.
• Investigating internal systems and operations.
• Assessing risk management approaches.
• Reporting on errors and fraud.
• Providing feedback reports on findings.
External Auditor Requirements:
• CCAB qualified accountant
• Degree in accounting or finance.
• Previous experience as an external auditor.
• Experience in data analysis and reporting on finances.
• Strong knowledge of accounting principles.
• Proficiency in ERP software.
• Good decision-making abilities.
• Problem-solving skills.
• Professional and trustworthy.
two.2.5) Award criteria
Price
two.2.11) Information about options
Options: Yes
Description of options
An initial period of 12 months, with opportunity to extend the contract for a further 24 months, based on acceptable performance in the first 12 months and upon approval of the Supervisory Board.
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.2.1) Previous publication concerning this procedure
Notice number: 2024/S 000-003842
four.2.9) Information about termination of call for competition in the form of a prior information notice
The contracting authority will not award any further contracts based on the above prior information notice
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
24 April 2024
five.2.2) Information about tenders
Number of tenders received: 1
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
Azets
2nd Floor, Regis House, 45 King William Street
London
EC4R 9AN
Country
United Kingdom
NUTS code
- UKI - London
Companies House
09652677
The contractor is an SME
No
five.2.4) Information on value of contract/lot (excluding VAT)
Initial estimated total value of the contract/lot: £9,350
Total value of the contract/lot: £9,350
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
East Suffolk Council
Woodbridge, Suffolk
Country
United Kingdom