Contract

External Audit Services

  • Ark

F03: Contract award notice

Notice identifier: 2022/S 000-029708

Procurement identifier (OCID): ocds-h6vhtk-0377b7

Published 21 October 2022, 10:36am



Section one: Contracting authority

one.1) Name and addresses

Ark

The Priory, Canaan Lane

Edinburgh

EH10 4SG

Contact

Stuart Green

Email

stuart.green@arkha.org.uk

Telephone

+44 1314479027

Country

United Kingdom

NUTS code

UKM - Scotland

Internet address(es)

Main address

http://www.arkha.org.uk

Buyer's address

https://www.publiccontractsscotland.gov.uk/search/Search_AuthProfile.aspx?ID=AA27685

one.4) Type of the contracting authority

Other type

Registered Social Provider

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

  • 79212100 - Financial auditing services

two.1.3) Type of contract

Services

two.1.4) Short description

Ark seeks to appoint an external audit service to independently audit the statutory financial statements of Ark (and its two subsidiaries) for compliance with applicable law, auditing and accounting standards and the needs of lenders in respect of loan covenants. External audit is a requirement of the Regulatory Standards of Governance and Financial Management published by the SHR and Company Law. The contract will be for an initial period of 5 years, with the option to extend by up to 2 further years.

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: £108,000

two.2) Description

two.2.2) Additional CPV code(s)

  • 79212300 - Statutory audit services

two.2.3) Place of performance

NUTS codes
  • UKM75 - Edinburgh, City of
Main site or place of performance

The Priory, Canaan Lane, Edinburgh, EH10 4SG

two.2.4) Description of the procurement

Provision of an external audit service to independently audit the statutory financial statements of Ark for compliance with applicable law, auditing and accounting standards and the needs of lenders in respect of loan covenants. External audit is a requirement of the Regulatory Standards of Governance and Financial Management published by the SHR and Company Law.

two.2.5) Award criteria

Quality criterion - Name: Knowledge and understanding of the brief and experience of the sector / Weighting: 10

Quality criterion - Name: Methodology / Weighting: 20

Quality criterion - Name: Team competency and resourcing of contract / Weighting: 20

Quality criterion - Name: Account management / Weighting: 5

Quality criterion - Name: Added value and innovation / Weighting: 5

Price - Weighting: 40

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 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: Yes

four.2) Administrative information

four.2.1) Previous publication concerning this procedure

Notice number: 2022/S 022-190250


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

1 October 2022

five.2.2) Information about tenders

Number of tenders received: 1

Number of tenders received from SMEs: 1

Number of tenders received from tenderers from other EU Member States: 0

Number of tenders received from tenderers from non-EU Member States: 0

Number of tenders received by electronic means: 1

The contract has been awarded to a group of economic operators: No

five.2.3) Name and address of the contractor

Chiene + Tait LLP

61 Dublin Street

Edinburgh

EH3 6NL

Telephone

+44 1315585800

Country

United Kingdom

NUTS code
  • UK - United Kingdom
Internet address

https://www.chiene.co.uk/

The contractor is an SME

Yes

five.2.4) Information on value of contract/lot (excluding VAT)

Initial estimated total value of the contract/lot: £110,000

Total value of the contract/lot: £107,750


Section six. Complementary information

six.3) Additional information

(SC Ref:710972)

six.4) Procedures for review

six.4.1) Review body

Edinburgh Sheriff Court

Sheriff Court House, 27 Chambers Street

Edinburgh

EH1 1LB

Country

United Kingdom