Contract

Financial Audit Services

  • SEVERN TRENT PLC

F06: Contract award notice – utilities

Notice identifier: 2023/S 000-032727

Procurement identifier (OCID): ocds-h6vhtk-03e4c1

Published 6 November 2023, 10:32am



Section one: Contracting entity

one.1) Name and addresses

SEVERN TRENT PLC

2 St. Johns Street

COVENTRY

CV12LZ

Contact

Sarah Griffiths-Jones

Email

sarah.griffiths-jones@severntrent.co.uk

Telephone

+44 2477716919

Country

United Kingdom

Region code

UKG33 - Coventry

Companies House

02366619

Internet address(es)

Main address

https://www.severntrent.com/

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

  • 79212100 - Financial auditing services

two.1.3) Type of contract

Services

two.1.4) Short description

Severn Trent Plc's current auditor will cease providing services following the audit for the year ending 31 March 2025. This appointment is for the audit of the financial statements for the year ending 31 March 2026.

two.1.6) Information about lots

This contract is divided into lots: No

two.2) Description

two.2.2) Additional CPV code(s)

  • 79212300 - Statutory audit services

two.2.3) Place of performance

NUTS codes
  • UK - United Kingdom

two.2.4) Description of the procurement

This appointment is for the audit of the financial statements for the year ending 31 March 2026.

The appointment is for an **initial 5-year term with options to extend for **5 x 12 month periods.

**The appointment of the auditor is subject to annual re-appointment at the company AGM.

two.2.5) Award criteria

Quality criterion - Name: quality / Weighting: 60

Price - Weighting: 40

two.2.11) Information about options

Options: Yes

Description of options

The appointment is for an **initial 5-year term with options to extend for **5 x 12 month periods.

**The appointment of the auditor is subject to annual re-appointment at the company AGM.


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.2.1) Previous publication concerning this procedure

Notice number: 2023/S 000-021304


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

6 November 2023

five.2.2) Information about tenders

Number of tenders received: 3

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

five.2.3) Name and address of the contractor

PricewaterhouseCoopers LLP

1 Embankment Place

London

WC2N 6RH

Country

United Kingdom

NUTS code
  • UKI - London
Companies House

OC303525

The contractor is an SME

No


Section six. Complementary information

six.4) Procedures for review

six.4.1) Review body

Severn Trent

2 St John's Street

Coventry

CV1 2LZ

Country

United Kingdom