Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
FREEPORT EAST LIMITED
14525587
Parkeston Quay,Parkeston
HARWICH
CO12 4SR
UK
Contact person: marie Finbow
Telephone: +44 7825732005
E-mail: marie.finbow@freeporteast.co.uk
NUTS: UKH
Internet address(es)
Main address: https://www.freeporteast.co.uk
I.4) Type of the contracting authority
Other: Freeport
I.5) Main activity
Economic and financial affairs
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Appointment of an External Auditor
II.1.2) Main CPV code
66000000
II.1.3) Type of contract
Services
II.1.4) Short description
Freeport East Ltd is seeking an independent external auditor to review the financial information of our company and report back on findings.
The Company is required to file its first set of audited Accounts (made up from 6 December 2022 to 31 March 2023; and April 2023 to 31 March 2024) with Companies House by 6 September 2024.
Our first Annual General Meeting is due to be held on 26 September 2024, and we would like to present a full set of audited accounts and the Auditors Report to our members at this meeting.
The audit process will be overseen by the company's Finance and Audit Committee, which is a sub-group of the Supervisory Board. The Finance and Audit Committee is led by the Accountable Body's Section 151 officer and whose membership includes the company's chair of the Board and another Board director. Meetings are held virtually every two months.
The Supervisory Board sets the strategic direction of Freeport East and approves the company's strategic decisions, including annual budget, business plan and longer-term strategy.
To be successful as an external auditor, you should have excellent knowledge of auditing principles, be analytical, and have good communication skills. Ultimately, we are looking for an external auditor who can make informed and rational decisions, be objective, and is detail orientated.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
10 000.00
GBP
II.2) Description
II.2.3) Place of performance
NUTS code:
UKH
Main site or place of performance:
Harwich, Essex
II.2.4) Description of the procurement
The company is looking to appoint an external auditor for a period of 12 months, with the opportunity to extend the contract for a further 24 months, based on acceptable performance in the first 12 months and upon approval by the Supervisory Board.
To be successful as an external auditor, you should have excellent knowledge of auditing principles, be analytical, and have good communication skills. Ultimately, we are looking for an external auditor who can make informed and rational decisions, be objective, and is detail orientated.
External Auditor Responsibilities:
• Evaluating financial statements and assessing accounts for accuracy and compliance.
• Investigating internal systems and operations.
• Assessing risk management approaches.
• Reporting on errors and fraud.
• Providing feedback reports on findings.
External Auditor Requirements:
• CCAB qualified accountant
• Degree in accounting or finance.
• Previous experience as an external auditor.
• Experience in data analysis and reporting on finances.
• Strong knowledge of accounting principles.
• Proficiency in ERP software.
• Good decision-making abilities.
• Problem-solving skills.
• Professional and trustworthy.
II.2.5) Award criteria
Price
II.2.11) Information about options
Options:
Yes
Description of options:
An initial period of 12 months, with opportunity to extend the contract for a further 24 months, based on acceptable performance in the first 12 months and upon approval of the Supervisory Board.
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
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2024/S 000-003842
IV.2.9) Information about termination of call for competition in the form of a prior information notice
The contracting authority will not award any further contracts based on the above prior information notice
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
24/04/2024
V.2.2) Information about tenders
Number of tenders received: 1
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Azets
09652677
2nd Floor, Regis House, 45 King William Street
London
EC4R 9AN
UK
NUTS: UKI
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:
: 9 350.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.4.1) Review body
East Suffolk Council
Woodbridge, Suffolk
UK
VI.5) Date of dispatch of this notice
09/07/2024