Audit services for opted-in eligible bodies in England 2022
A Tender Notice
by PUBLIC SECTOR AUDIT APPOINTMENTS LTD
- Source
- Find a Tender
- Type
- Contract (Services)
- Duration
- 5 year
- Value
- £165M-£165M
- Sector
- BUSINESS
- Published
- 04 Feb 2022
- Delivery
- To 20 Feb 2027 (est.)
- Deadline
- 18 Mar 2022 12:00
Concepts
Location
United Kingdom: UNITED KINGDOM
1 buyer
Description
The procurement covers the audits of the accounts (as per the Code of Audit Practice) eligible bodies across England that opt in for the purposes of the appointment of auditors under the provisions of the Local Audit and Accountability Act 2014 and the requirements of the Local Audit (Appointing Person) Regulations 2015. Eligible entities include local councils, combined authorities, police and crime commissioners, police, fire and crime commissioners, chief constables, fire and rescue authorities, waste authorities, passenger transport executives and national park authorities. Of the current 476 bodies eligible to opt in, at 4 February 2022, 195 have accepted the invitation issued on 22 September 2021. The closing date for acceptance is 11 March 2022. PSAA expects to receive acceptances throughout the opt-in period and will maintain an up to date record of bodies joining the scheme on the PSAA website www.psaa.co.uk. The audited bodies covered by the contracts may change over time.
Lot Division
| 1 | Audit Services: Lot One - approx 18 percent of overall work by value
Auditing the accounts (as per the Code of Audit Practice) of approximately 18% (measured by reference to aggregate scale fees) of eligible bodies that opt in to the appointing person scheme. This may include opted-in bodies that are classed as Public Interest Entities. Eligible bodies include local councils, combined authorities, police and crime commissioners, police, fire and crime commissioners, chief constables, fire and rescue authorities, waste authorities, passenger transport executives and national park authorities. Potential suppliers in their response to the Invitation to Tender will have the option to specify up to four County/Combined Authority areas from a predefined list which would be least attractive/convenient for them to audit. The estimated lot size is based on the current scale fees, so the financial amount may increase or decrease depending on the outcome of the procurement. Additional information: Contract includes the option by mutual agreement to extend the term for up to a further 2 years. Potential suppliers are encouraged to also respond to our CN to establish a DPS for audit services for opted-in bodies. The same SQ response is used to minimise effort. Procurement docs at: https://www.delta-esourcing.com/tenders/UK-UK-London:-Accounting%2C-auditing-and-fiscal-services./UVC29QV984 |
| 2 | Audit Services: Lot Two - approx 16 percent of overall work by value
Auditing the accounts (as per the Code of Audit Practice) of approximately 16% (measured by reference to aggregate scale fees) of eligible bodies that opt in to the appointing person scheme. This may include opted-in bodies that are classed as Public Interest Entities. Eligible bodies include local councils, combined authorities, police and crime commissioners, police, fire and crime commissioners, chief constables, fire and rescue authorities, waste authorities, passenger transport executives and national park authorities. Potential suppliers in their response to the Invitation to Tender will have the option to specify up to four County/Combined Authority areas from a predefined list which would be least attractive/convenient for them to audit. The estimated lot size is based on the current scale fees, so the financial amount may increase or decrease depending on the outcome of the procurement. Additional information: Contract includes the option by mutual agreement to extend the term for up to a further 2 years. Potential suppliers are encouraged to also respond to our CN to establish a DPS for audit services for opted-in bodies. The same SQ response is used to minimise effort. Procurement docs at: https://www.delta-esourcing.com/tenders/UK-UK-London:-Accounting%2C-auditing-and-fiscal-services./UVC29QV984 |
| 3 | Audit Services: Lot Three - approx 14 percent of overall work by value
Auditing the accounts (as per the Code of Audit Practice) of approximately 14% (measured by reference to aggregate scale fees) of eligible bodies that opt in to the appointing person scheme. This may include opted-in bodies that are classed as Public Interest Entities. Eligible bodies include local councils, combined authorities, police and crime commissioners, police, fire and crime commissioners, chief constables, fire and rescue authorities, waste authorities, passenger transport executives and national park authorities. Potential suppliers in their response to the Invitation to Tender will have the option to specify up to four County/Combined Authority areas from a predefined list which would be least attractive/convenient for them to audit. The estimated lot size is based on the current scale fees, so the financial amount may increase or decrease depending on the outcome of the procurement. Additional information: Contract includes the option by mutual agreement to extend the term for up to a further 2 years. Potential suppliers are encouraged to also respond to our CN to establish a DPS for audit services for opted-in bodies. The same SQ response is used to minimise effort. Procurement docs at: https://www.delta-esourcing.com/tenders/UK-UK-London:-Accounting%2C-auditing-and-fiscal-services./UVC29QV984 |
| 4 | Audit Services: Lot Four - approx 12 percent of overall work by value
Auditing the accounts (as per the Code of Audit Practice) of approximately 12% (measured by reference to aggregate scale fees) of eligible bodies that opt in to the appointing person scheme. This may include opted-in bodies that are classed as Public Interest Entities. Eligible bodies include local councils, combined authorities, police and crime commissioners, police, fire and crime commissioners, chief constables, fire and rescue authorities, waste authorities, passenger transport executives and national park authorities. Potential suppliers in their response to the Invitation to Tender will have the option to specify up to four County/Combined Authority areas from a predefined list which would be least attractive/convenient for them to audit. The estimated lot size is based on the current scale fees, so the financial amount may increase or decrease depending on the outcome of the procurement. Additional information: Contract includes the option by mutual agreement to extend the term for up to a further 2 years. Potential suppliers are encouraged to also respond to our CN to establish a DPS for audit services for opted-in bodies. The same SQ response is used to minimise effort. Procurement docs at: https://www.delta-esourcing.com/tenders/UK-UK-London:-Accounting%2C-auditing-and-fiscal-services./UVC29QV984 |
| 5 | Audit Services: Lot Five - approx 8 percent of overall work by value
Auditing the accounts (as per the Code of Audit Practice) of approximately 8% (measured by reference to aggregate scale fees) of eligible bodies that opt in to the appointing person scheme. This may include opted-in bodies that are classed as Public Interest Entities. Eligible bodies include local councils, combined authorities, police and crime commissioners, police, fire and crime commissioners, chief constables, fire and rescue authorities, waste authorities, passenger transport executives and national park authorities. Potential suppliers in their response to the Invitation to Tender will have the option to specify up to four County/Combined Authority areas from a predefined list which would be least attractive/convenient for them to audit. The estimated lot size is based on the current scale fees, so the financial amount may increase or decrease depending on the outcome of the procurement. Additional information: Contract includes the option by mutual agreement to extend the term for up to a further 2 years. Potential suppliers are encouraged to also respond to our CN to establish a DPS for audit services for opted-in bodies. The same SQ response is used to minimise effort. Procurement docs at: https://www.delta-esourcing.com/tenders/UK-UK-London:-Accounting%2C-auditing-and-fiscal-services./UVC29QV984 |
| 6 | Audit Services: Lot Six - approx 7 percent of overall work by value
Auditing the accounts (as per the Code of Audit Practice) of approximately 7% (measured by reference to aggregate scale fees) of eligible bodies that opt in to the appointing person scheme. This may include opted-in bodies that are classed as Public Interest Entities. Eligible bodies include local councils, combined authorities, police and crime commissioners, police, fire and crime commissioners, chief constables, fire and rescue authorities, waste authorities, passenger transport executives and national park authorities. Potential suppliers in their response to the Invitation to Tender will have the option to specify up to four County/Combined Authority areas from a predefined list which would be least attractive/convenient for them to audit. The estimated lot size is based on the current scale fees, so the financial amount may increase or decrease depending on the outcome of the procurement. Additional information: Contract includes the option by mutual agreement to extend the term for up to a further 2 years. Potential suppliers are encouraged to also respond to our CN to establish a DPS for audit services for opted-in bodies. The same SQ response is used to minimise effort. Procurement docs at: https://www.delta-esourcing.com/tenders/UK-UK-London:-Accounting%2C-auditing-and-fiscal-services./UVC29QV984 |
| 7 | Audit Services: Lot Seven - approx 6 percent of overall work by value
Auditing the accounts (as per the Code of Audit Practice) of approximately 6% (measured by reference to aggregate scale fees) of eligible bodies that opt in to the appointing person scheme. This may include opted-in bodies that are classed as Public Interest Entities. Eligible bodies include local councils, combined authorities, police and crime commissioners, police, fire and crime commissioners, chief constables, fire and rescue authorities, waste authorities, passenger transport executives and national park authorities. Potential suppliers in their response to the Invitation to Tender will have the option to specify up to four County/Combined Authority areas from a predefined list which would be least attractive/convenient for them to audit. The estimated lot size is based on the current scale fees, so the financial amount may increase or decrease depending on the outcome of the procurement. Additional information: Contract includes the option by mutual agreement to extend the term for up to a further 2 years. Potential suppliers are encouraged to also respond to our CN to establish a DPS for audit services for opted-in bodies. The same SQ response is used to minimise effort. Procurement docs at: https://www.delta-esourcing.com/tenders/UK-UK-London:-Accounting%2C-auditing-and-fiscal-services./UVC29QV984 |
| 8 | Audit Services: Lot Eight - approx 5 percent of overall work by value (will not include PIE audits)
Auditing the accounts (as per the Code of Audit Practice) of approximately 5% (measured by reference to aggregate scale fees) of eligible bodies that opt in to the appointing person scheme. It will not include any opted-in bodies that are classed as Public Interest Entities. Eligible bodies include local councils, combined authorities, police and crime commissioners, police, fire and crime commissioners, chief constables, fire and rescue authorities, waste authorities, passenger transport executives and national park authorities. Potential suppliers in their response to the Invitation to Tender will have the option to specify up to four County/Combined Authority areas from a predefined list which would be least attractive/convenient for them to audit. The estimated lot size is based on the current scale fees, so the financial amount may increase or decrease depending on the outcome of the procurement. Additional information: Contract includes the option by mutual agreement to extend the term for up to a further 2 years. Potential suppliers are encouraged to also respond to our CN to establish a DPS for audit services for opted-in bodies. The same SQ response is used to minimise effort. Procurement docs at: https://www.delta-esourcing.com/tenders/UK-UK-London:-Accounting%2C-auditing-and-fiscal-services./UVC29QV984 |
| 9 | Audit Services: Lot Nine - approx 5 percent of overall work by value (will not include PIE audits)
Auditing the accounts (as per the Code of Audit Practice) of approximately 5% (measured by reference to aggregate scale fees) of eligible bodies that opt in to the appointing person scheme. It will not include any opted-in bodies that are classed as Public Interest Entities. Eligible bodies include local councils, combined authorities, police and crime commissioners, police, fire and crime commissioners, chief constables, fire and rescue authorities, waste authorities, passenger transport executives and national park authorities. Potential suppliers in their response to the Invitation to Tender will have the option to specify up to four County/Combined Authority areas from a predefined list which would be least attractive/convenient for them to audit. The estimated lot size is based on the current scale fees, so the financial amount may increase or decrease depending on the outcome of the procurement. Additional information: Contract includes the option by mutual agreement to extend the term for up to a further 2 years. Potential suppliers are encouraged to also respond to our CN to establish a DPS for audit services for opted-in bodies. The same SQ response is used to minimise effort. Procurement docs at: https://www.delta-esourcing.com/tenders/UK-UK-London:-Accounting%2C-auditing-and-fiscal-services./UVC29QV984 |
| 10 | Audit Services: Lot Ten - approx 4 percent of overall work by value (will not include PIE audits)
Auditing the accounts (as per the Code of Audit Practice) of approximately 4% (measured by reference to aggregate scale fees) of eligible bodies that opt in to the appointing person scheme. It will not include any opted-in bodies that are classed as Public Interest Entities. Eligible bodies include local councils, combined authorities, police and crime commissioners, police, fire and crime commissioners, chief constables, fire and rescue authorities, waste authorities, passenger transport executives and national park authorities. Potential suppliers in their response to the Invitation to Tender will have the option to specify up to four County/Combined Authority areas from a predefined list which would be least attractive/convenient for them to audit. The estimated lot size is based on the current scale fees, so the financial amount may increase or decrease depending on the outcome of the procurement. Additional information: Contract includes the option by mutual agreement to extend the term for up to a further 2 years. Potential suppliers are encouraged to also respond to our CN to establish a DPS for audit services for opted-in bodies. The same SQ response is used to minimise effort. Procurement docs at: https://www.delta-esourcing.com/tenders/UK-UK-London:-Accounting%2C-auditing-and-fiscal-services./UVC29QV984 |
| 11 | Audit Services: Lot Eleven - approx 2.25 percent of overall work by value (development lot) (will not include PIE or MLA audits)
Auditing the accounts (as per the Code of Audit Practice) of approximately 2.25% (measured by reference to aggregate scale fees) of eligible bodies that opt in to the appointing person scheme. It will contain the following types of opted-in bodies (District councils, Police and fire bodies, LG functional bodies, combined authorities, national parks, waste disposal authorities, pension authorities, LG miscellaneous bodies and other local government bodies), but will not contain any Public Interest Entities nor Major Local Audits. Potential suppliers in their response to the Invitation to Tender will have the option to specify up to four County/Combined Authority areas from a predefined list in which you are able to undertake audits. The estimated lot size is based on the current scale fees, so the financial amount may increase or decrease depending on the outcome of the procurement. Additional information: Contract includes the option by mutual agreement to extend the term for up to a further 2 years. Potential suppliers are encouraged to also respond to our CN to establish a DPS for audit services for opted-in bodies. The same SQ response is used to minimise effort. Procurement docs at: https://www.delta-esourcing.com/tenders/UK-UK-London:-Accounting%2C-auditing-and-fiscal-services./UVC29QV984 |
| 12 | Audit Services: Lot Twelve - approx 2.25 percent of overall work by value (development lot) (will not include PIE nor MLA audits)
Auditing the accounts (as per the Code of Audit Practice) of approximately 2.25% (measured by reference to aggregate scale fees) of eligible bodies that opt in to the appointing person scheme. It will contain the following types of opted-in bodies (District councils, Police and fire bodies, LG functional bodies, combined authorities, national parks, waste disposal authorities, pension authorities, LG miscellaneous bodies and other local government bodies), but will not contain any Public Interest Entities nor Major Local Audits. Potential suppliers in their response to the Invitation to Tender will have the option to specify up to four County/Combined Authority areas from a predefined list in which you are able to undertake audits. The estimated lot size is based on the current scale fees, so the financial amount may increase or decrease depending on the outcome of the procurement. Additional information: Contract includes the option by mutual agreement to extend the term for up to a further 2 years. Potential suppliers are encouraged to also respond to our CN to establish a DPS for audit services for opted-in bodies. The same SQ response is used to minimise effort. Procurement docs at: https://www.delta-esourcing.com/tenders/UK-UK-London:-Accounting%2C-auditing-and-fiscal-services./UVC29QV984 |
| 13 | Audit Services: Lot Thirteen - approx 0.5 percent of overall work by value (development lot) (will not include PIE nor MLA audits)
Auditing the accounts (as per the Code of Audit Practice) of approximately 0.5% (measured by reference to aggregate scale fees) of eligible bodies that opt in to the appointing person scheme. It will contain the following types of opted-in bodies (District councils, Police and fire bodies, LG functional bodies, combined authorities, national parks, waste disposal authorities, pension authorities, LG miscellaneous bodies and other local government bodies), but will not contain any Public Interest Entities nor Major Local Audits. Potential suppliers in their response to the Invitation to Tender will have the option to specify up to four County/Combined Authority areas from a predefined list in which you are able to undertake audits. The estimated lot size is based on the current scale fees, so the financial amount may increase or decrease depending on the outcome of the procurement. Additional information: Contract includes the option by mutual agreement to extend the term for up to a further 2 years. Potential suppliers are encouraged to also respond to our CN to establish a DPS for audit services for opted-in bodies. The same SQ response is used to minimise effort. Procurement docs at: https://www.delta-esourcing.com/tenders/UK-UK-London:-Accounting%2C-auditing-and-fiscal-services./UVC29QV984 |
CPV Codes
- 79200000 - Accounting, auditing and fiscal services
- 79210000 - Accounting and auditing services
- 79212000 - Auditing services
- 79212100 - Financial auditing services
- 79212300 - Statutory audit services
Indicators
- Restrictions apply to the lot award allocation.
- This is a one-off contract (no recurrence)
- Renewals are not available.
- Staff qualifications are relevant.
- Technical restrictions apply.
Other Information
** PREVIEW NOTICE, please check Find a Tender for full details. ** The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement. The types of bodies eligible to opt in are set out in schedule 2 of the LAAA 2014. A detailed list is available on our website. During a compulsory appointing period, a body that has previously decided not to opt in or newly established bodies can apply to opt into these arrangements. Lot value is expressed in terms of the ‘audited body notional value’ (ABNV). This comprises the published scale fees for 2021/22 for opted-in bodies plus actual and estimated recurring fee variations for 2019/20 audits. Scale fees from 2023/24 will be published in November 2023 after the procurement and consultation with opted-in bodies in Summer 2023. Bids will be expressed as a fixed proportion of the relevant ABNV. Lot values are estimated assuming a current annual audit value of £33m, but final values will depend on the number of opted-in bodies for 2023/24 onwards and the level of additional fees incorporated in scale fees. All values quoted are estimated and approximate values and may be subject to change. Bodies will not be allocated to a Lot until the procurement is completed and the appointment consultation processes with opted-in bodies and suppliers have taken place. Auditor appointments will be made by 31 December 2022 for audit years from 2023/24. For more information, please refer to PSAA’s procurement strategy. Potential bidders should seek independent legal and commercial advice in relation to the potential value of the opportunity of the scheme as a whole. PSAA is holding two briefing sessions via Zoom from 10am-12pm on 16 February (contract terms overview) and 13 April 2022 (all ITT content). Any potential bidder wishing to attend must advise PSAA by confirming the names of attendees by noon on 15 February and 12 April 2022 respectively via Delta messaging. Potential bidders should note that PSAA reserves the right to disqualify potential bidders where there is an actual or potential conflict of interest. Potential bidders will be required to complete and return the Conflict of Interest Declaration as part of its selection questionnaire response. Expressions of interest in response to this contract notice may be submitted by a single bidder, a consortium or other form of joint working arrangement providing at least one constituent firm is individually registered with the ICAEW or going through the registration process. Where the bidder is a consortium of registered firms, PSAA reserves the right to require each member to accept joint and several liability to PSAA. Where a Potential Supplier is a sole supplier currently proceeding through registration, they must be accredited by 13th September 2022 to be awarded a contract. Expressions of interest must be by way of completion and return of the selection questionnaire in accordance with the requirements set out in the selection questionnaire by the date and time specified in IV.2.2. Bidders are encouraged to submit their submissions well in advance of the stated date and time in order to avoid potential technical issues. Expressions of interest delivered after the date and time specified or to a different address, electronically or otherwise, may not be considered. Please contact PSAA if you experience problems with the portal. PSAA reserves the right not to award the opportunity or to award only part or a different arrangement of the opportunity described in this contract notice. PSAA shall not be responsible or accept liability for any costs, charges or expenses incurred by a potential bidder, irrespective of the outcome of the procurement, or if the procurement is cancelled or postponed. For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-London:-Accounting%2C-auditing-and... To respond to this opportunity, please click here: https://www.delta-esourcing.com/respond/32Z2SF428N GO Reference: GO-202224-PRO-19595369
Reference
- ocds-h6vhtk-031385
- FTS 003306-2022