Contract award notice
Results of the procurement procedure
Section I: Contracting
authority
I.1) Name and addresses
London CIV
59 1/2 Southwark Street
London
SE1 0AL
UK
Contact person: Deborah White
E-mail: deborah@fsconsultants.co.uk
NUTS: UKI1
Internet address(es)
Main address: http://londonciv.org.uk/
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Economic and financial affairs
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Audit Services to the Operator and Fund of an Authorised Contractual Scheme.
II.1.2) Main CPV code
79212000
II.1.3) Type of contract
Services
II.1.4) Short description
London CIV has 2 separate regulated entities, the Operator and ACS Fund. We are seeking suitable proposals for external audit services for both the Fund and the Operator.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
302 500.00
GBP
II.2) Description
II.2.3) Place of performance
NUTS code:
UKI1
Main site or place of performance:
Inner London.
II.2.4) Description of the procurement
London CIV has two separate regulated entities, the Operator and ACS Fund. The winning bidder has been awarded both.
Company Audit:
— planning, management and execution of annual external audit of London LGPS CIV Ltd. in accordance with the applicable financial reporting framework and the Companies Act 2006;
— reporting on external audit progress to management and the Compliance, Audit & Risk (CARCO) Committee including attendance at CARCO meetings as appropriate;
— provision of an assessment on the London LGPS CIV Ltd.’s financial statements have been properly prepared in accordance with the applicable accounting framework and the Companies Act 2006.
Fund Audit:
— planning, management and execution of annual funds audit of London ACS Fund in accordance with financial reporting and regulatory framework; as authorised under the UK Financial Services Markets Act 2000 (FSMA).
II.2.5) Award criteria
Quality criterion: Criterion 1
/ Weighting: 50
Cost criterion: Criterion 1
/ Weighting: 50
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:
No
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
29/11/2016
V.2.2) Information about tenders
Number of tenders received: 3
Number of tenders received from tenderers from EU Member States: 0
Number of tenders received from tenderers from non-EU Member States: 0
Number of tenders received by electronic means: 3
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Deloitte LLP
110 Queen Street
Glasgow
G1 38X
UK
Telephone: +44 2079349851
E-mail: pensionsCIV@londonciv.org.uk
NUTS: UKI1
Internet address(es)
URL: http://londonciv.org.uk
The contractor is an SME:
No
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:
: 302 500.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.3) Additional information
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.
To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=231724808
GO Reference: GO-20161215-PRO-9244091.
VI.4) Procedures for review
VI.4.1) Review body
London CIV
591/2 Southwark Street
London
SE1 0AL
UK
E-mail: deborah@fsconsultants.co.ik
VI.4.3) Review procedure
Precise information on deadline(s) for review procedures:
London CIV shall incorporate a 10 calendar day standstill period starting the day after the date on which the award of the contract is communicated to tenderers, allowing unsuccessful tenderers to seek further debriefing before the contract is entered into.
VI.5) Date of dispatch of this notice
15/12/2016