Section one: Contracting authority
one.1) Name and addresses
London and Quadrant Housing Trust
Stratford
E15 4PH
Country
United Kingdom
NUTS code
UK - United Kingdom
National registration number
30441R
Internet address(es)
Main address
one.3) Communication
Additional information can be obtained from 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 Services
two.1.2) Main CPV code
- 79200000 - Accounting, auditing and fiscal services
two.1.3) Type of contract
Services
two.1.4) Short description
External Audit ServiceSee Additional Information
two.1.5) Estimated total value
Value excluding VAT: £3,500,000
two.1.6) Information about lots
This contract is divided into lots: No
two.2) Description
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
two.2.4) Description of the procurement
See Additional Information
two.3) Estimated date of publication of contract notice
8 November 2021
Section four. Procedure
four.1) Description
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: No
Section six. Complementary information
six.3) Additional information
London and Quadrant Housing Trust (LQHT) are planning the public procurement to appoint a suitable external auditor external audit services for all Group companies, to include some non-audit services such as certifications of grant claims and other returns. The L&Q Group are seeking a suitably qualified and experienced service Provider to conduct an efficient and high-quality statutory audit, supported by robust management and quality control processes. Further information on the L&Q Group including our latest Financial Statements can be found at https://www.lqgroup.org.uk/en/aboutlandqIt is anticipated LQHT's specification shall focus on the following key areas:• to be able to plan, manage and execute an annual external audit of the L&Q Group in accordance with applicable law and UK accounting standards.• to provide an audit report giving an opinion on the financial statements and reporting on any matters by exception.• to report to the Audit and Risk Committee and senior finance staff on the progress of the audit and provide an annual audit findings/highlights report to the Board.• to advise and adapt audit processes in light of a potential change in finance system. It is currently anticipated LQHT shall let a contract with an initial term of 5 years withthe option to extend by two periods of no more than 12 months each.Further information shall be made available to all interested parties at a future online supplier engagement event on 15th October 2021 at 12pm until 1.30pm, via Microsoft Teams. Please note the event shall be:• sound and video recorded (for audit and redistribution to interested parties who may miss the event)• an open and collaborative meeting event - participants shall be aware of, and be able to communicate with, all other participants• limited to a maximum of two participants per interested party• used to drive market awareness and for LQHT's validation of its early high-level requirements and planning effortsFor the avoidance of doubt, this phase of the project is not part of a formal procurement process.Participation or non-participation in the supplier engagement event shall not prevent any supplier participating in a potential future procurement, nor is it intended that any information supplied as part of engagement event shall place any supplier at an advantage in a potential procurement process.Should you be interested in attending this event please contact Amy Gilham atagilham@lqgroup.org.uk by the 8th October 2021 12pm detailing the contact details of your intended participants andawait a formal invitation.