Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
Wales Audit Office
24 Cathedral Road
Cardiff
CF11 9LJ
UK
Contact person: Darren Evans
Telephone: +44 7507686066
E-mail: darren.evans@audit.wales
Fax: +44 2920320600
NUTS: UKL22
Internet address(es)
Main address: www.audit.wales
Address of the buyer profile: https://www.sell2wales.gov.wales/search/Search_AuthProfile.aspx?ID=AA0519
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Other: Audit Services
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Invitation to tender for the Provision of Quality Monitoring Services
II.1.2) Main CPV code
72225000
II.1.3) Type of contract
Services
II.1.4) Short description
The following core services will be provided by the prospective supplier:
- one cold file review per audit of accounts director for each year of the contract (if let) (ordinarily four to five reviews per annum), to include emphasis both on compliance with standards and on audit efficiency;
- one cold file review per performance audit director for each year of the contract (if let) (ordinarily three reviews per annum), to include emphasis both on compliance with standards, audit efficiency and impact;
- review of the system of quality management under ISQM 1;
- advice on good practice and cutting-edge developments in audit methodology and quality.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
350 000.00
GBP
II.2) Description
II.2.2) Additional CPV code(s)
72225000
II.2.3) Place of performance
NUTS code:
UKL22
Main site or place of performance:
Cardiff
II.2.4) Description of the procurement
The Wales Audit Office is seeking to appoint a supplier to provide quality monitoring services in respect of the accounts with effect from 2021-22 audit year and performance audit work over the period of the contract.
II.2.5) Award criteria
Quality criterion: Evidence of your organisations experience of undertaking cold file reviews of audits carried out in accordance with International Standards
/ Weighting: 30
Quality criterion: Evidence of your organisation’s experience of undertaking whole of firm review work, in accordance with ISQM 1 and ISQC 1
/ Weighting: 20
Quality criterion: Detail of your organisation’s experience of providing training support on audit quality issues
/ Weighting: 10
Price
/ Weighting:
30
II.2.11) Information about options
Options:
No
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Open procedure
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
Yes
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2022/S 000-029960
Section V: Award of contract
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
12/12/2022
V.2.2) Information about tenders
Number of tenders received: 1
Number of tenders received from SMEs: 1
Number of tenders received from tenderers from EU Member States: 0
Number of tenders received from tenderers from non-EU Member States: 1
Number of tenders received by electronic means: 1
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
ICAEW
Metropolitan House, 4 Rillaton Walk
Milton Keynes
MK92FZ
UK
Telephone: +44 7920800843
NUTS: UK
The contractor is an SME:
Yes
V.2.4) Information on value of the contract/lot (excluding VAT)
Initial estimated total value of the contract/lot:
Total value of the contract/lot:
: 300 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.3) Additional information
(WA Ref:127817)
VI.4) Procedures for review
VI.4.1) Review body
High Court
Royal Courts of Justice, The Strand
London
WC2A 2LL
UK
Telephone: +44 2079477501
VI.5) Date of dispatch of this notice
03/01/2023