Procurement of Group Auditor

Concepts

• gateshead
• business services
• holdco
• group companies
• procurement of group auditor
• external group auditor
• f group
• north east access
• financial statements of the nea
• financial year

Location

Gateshead

Description

We are inviting firms to tender for the contract as external Group Auditor for North East Access to Finance and its other group companies, including North East Finance (Holdco), for a period of three years commencing with the financial year 2020/21.

Total Quantity or Scope

Tenders are sought from suitably qualified firms to act as external Group Auditor for North East Access to Finance Limited ('NEA2F') and its group companies, including North East Finance (Holdco) Limited which is Holding Fund Manager for the North East JEREMIE programme, Finance for Business NE. The appointment will be for three years beginning with the financial year ending 31 March 2021. The primary role of the external audit is to report on the consolidated financial statements of the NEA2F group and the financial statements of the individual companies and to carry out such examination of the statements and underlying records and control systems as is necessary to reach an opinion on those statements. The opinion will be required to cover primarily whether the statements give a true and fair view and have been properly prepared in accordance with UK GAAP and the Companies Act 2006. We have adopted FRS 102.

Renewal Options

Any extension beyond the initial three years will be at the discretion of the Contracting Authority

CPV Codes

• 79000000 - Business services: law, marketing, consulting, recruitment, printing and security
• 79210000 - Accounting and auditing services

Indicators

• Bids should cover the whole contract.
• Options are available.
• Renewals are not available.
• Professional qualifications are sought.
• Staff qualifications are relevant.
• Award on basis of price and quality.

Other Information

Interested parties who intend to bid are asked to register an expression of interest and we will send you the Applicant Pack. Although the invitation to tender published on the website includes the specification of requirements, the Applicant Pack contains more details on the companies and we recommend that you read it carefully before preparing your bid document. Expressions of interest and any questions about the tender process should be emailed to our Company Secretary James Arkless c/o james.arkless@nea2f.co.uk. The closing date for submission of bids is 12.00 noon on Monday 15 February 2021. In keeping with recent changes to regulatory requirements, tax compliance services and advice do not form part of this tender.