Section one: Contracting entity
one.1) Name and addresses
SEVERN TRENT WATER plc
2 St. Johns Street
COVENTRY
CV12LZ
Contact
Sarah Griffiths-Jones
sarah.griffiths-jones@severntrent.co.uk
Telephone
+44 2477716919
Country
United Kingdom
Region code
UKG33 - Coventry
Companies House
02366619
Internet address(es)
Main address
one.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge, at
http://discovery.ariba.com/rfx/16958140
Additional information can be obtained from the above-mentioned address
Tenders or requests to participate must be submitted electronically via
http://discovery.ariba.com/rfx/16958140
one.6) Main activity
Water
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Financial Audit Services
two.1.2) Main CPV code
- 79212000 - Auditing services
two.1.3) Type of contract
Services
two.1.4) Short description
To appoint an auditor to Severn Trent plc for the audit of financial statements.
two.1.5) Estimated total value
Value excluding VAT: £7,000,000
two.1.6) Information about lots
This contract is divided into lots: No
two.2) Description
two.2.2) Additional CPV code(s)
- 79212100 - Financial auditing services
- 79212200 - Internal audit services
- 79212300 - Statutory audit services
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
two.2.4) Description of the procurement
Severn Trent Plc's current auditor will cease providing services following the audit for the year ending 31 March 2025. This tender seeks to select a new auditor to be appointed at the 2025 AGM. The appointment will be for the audit of the financial statements for the year ending 31 March 2026. Please refer to the section "options" 11.2.11
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: £7,000,000
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months
60
This contract is subject to renewal
No
two.2.10) Information about variants
Variants will be accepted: No
two.2.11) Information about options
Options: Yes
Description of options
The intention is to appoint for an **initial 5-year term with options to extend for **5 x 12 month periods.
**Bidders should note that the appointment of the auditor is subject to annual re-appointment at the company AGM.
The initial appointment will be for the audit of the financial statements for the year ending 31 March 2026.
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Negotiated procedure with prior call for competition
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
26 August 2023
Local time
3:00pm
four.2.4) Languages in which tenders or requests to participate may be submitted
English
Section six. Complementary information
six.1) Information about recurrence
This is a recurrent procurement: No
six.4) Procedures for review
six.4.1) Review body
Severn Trent
Coventry
CV1 2LZ
Country
United Kingdom