External audit of public bodies in Scotland

A Contract Award Notice
by AUDIT SCOTLAND

Source
Find a Tender
Type
Framework (Services)
Duration
5 year (est.)
Value
£39M
Sector
BUSINESS
Published
20 May 2022
Delivery
To 24 Apr 2027 (est.)
Deadline
n/a

Concepts

Location

Edinburgh

Geochart for 2 buyers and 11 suppliers

2 buyers

6 suppliers

Description

This tender exercise is designed to allow the Auditor General and the Accounts Commission to make appointments to firms for approximately 36 per cent by value of the overall annual audit work of the bodies within their remits.

Lot Division

1 Core audits

The Auditor General and the Accounts Commission require to appoint external auditors for the audit of several public sector bodies within their remits. This work is expected to comprise 30-36% by value of their overall annual audit work. These appointments are for the audit years 2022/23 to 2026/27. Applicants must satisfy statutory qualification requirements. The conduct of the audits is also governed by Audit Scotland's Code of Audit Practice, which is wider in scope than for the audit of private sector organisations, and International Standards on Auditing (UK).
2 Public Interest Entities

The Auditor General and the Accounts Commission require to appoint external auditors for the audit of public sector bodies within their remits that are Public Interest Entities. This work is expected to comprise the audit of one or two councils. These appointments are for the audit years 2022/23 to 2026/27. Applicants must satisfy statutory qualification requirements. The conduct of the audits is also governed by Audit Scotland's Code of Audit Practice, which is wider in scope than for the audit of private sector organisations, and International Standards on Auditing (UK).
3 Regulated water industry

The Auditor General and the Accounts Commission for Scotland require to appoint external auditors for the audit of regulated water industry entities within their remits. This work is expected to comprise of the audit of Scottish Water. These appointments are for the audit years 2022/23 to 2026/27. Applicants must satisfy statutory qualification requirements. The conduct of the audits is also governed by Audit Scotland's Code of Audit Practice, which is wider in scope than for the audit of private sector organisations, and International Standards on Auditing (UK).
4 Regulated financial industry

The Auditor General and the Accounts Commission require to appoint external auditors for the audit of regulated financial industry entities within their remits. This work is expected to comprise the audit of the Scottish National Investment Bank. These appointments are for the audit years 2022/23 to 2026/27. Applicants must satisfy statutory qualification requirements. The conduct of the audits is also governed by Audit Scotland's Code of Audit Practice, which is wider in scope than for the audit of private sector organisations, and International Standards on Auditing (UK).

Award Detail

1 KPMG (Glasgow)
  • Core audits
  • Num offers: 6
  • Value: £33,428,342 [share]
  • Awarded to group of suppliers.
2 Deloitte (London)
  • Core audits
  • Num offers: 6
  • Value: £33,428,342 [share]
  • Awarded to group of suppliers.
3 Azets (Edinburgh)
  • Core audits
  • Num offers: 6
  • Value: £33,428,342 [share]
  • Awarded to group of suppliers.
4 Grant Thornton (London)
  • Core audits
  • Num offers: 6
  • Value: £33,428,342 [share]
  • Awarded to group of suppliers.
5 Ernst & Young (Glasgow)
  • Core audits
  • Num offers: 6
  • Value: £33,428,342 [share]
  • Awarded to group of suppliers.
6 Mazars (Edinburgh)
  • Core audits
  • Num offers: 6
  • Value: £33,428,342 [share]
  • Awarded to group of suppliers.
7 KPMG (Glasgow)
  • Public Interest Entities
  • Num offers: 3
  • Value: £2,893,200 [share]
  • Awarded to group of suppliers.
8 Deloitte (London)
  • Public Interest Entities
  • Num offers: 3
  • Value: £2,893,200 [share]
  • Awarded to group of suppliers.
9 Ernst & Young (Glasgow)
  • Public Interest Entities
  • Num offers: 3
  • Value: £2,893,200 [share]
  • Awarded to group of suppliers.
10 KPMG (Glasgow)
  • Regulated water industry
  • Num offers: 1
  • Value: £2,100,000
11 KPMG (Glasgow)
  • Regulated financial industry
  • Num offers: 1
  • Value: £480,000

Award Criteria

Audit tools, support, and access to appropriate expertise 8.0
Training and developing the audit profession 8.0
Skills of key staff 16.0
Quality of written material 16.0
Adding value to audited bodies 6.0
Contribution to the public sector audit regime in Scotland 6.0
Ability to present to audit committees 8.0
Climate change 4.0
Fair work practices 4.0
Community benefit 4.0
PRICE 20.0

CPV Codes

  • 79212000 - Auditing services
  • 79212100 - Financial auditing services
  • 79212300 - Statutory audit services

Indicators

  • Award on basis of price.

Other Information

(SC Ref:694134)

Reference

Domains