Contract notice
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.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge at:
http://www.delta-esourcing.com/tenders/UK-UK-London:-Auditing-services./65RX7BYG9Z
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be sent electronically to:
http://www.delta-esourcing.com/tenders/UK-UK-London:-Auditing-services./65RX7BYG9Z
Tenders or requests to participate must be sent to the abovementioned address
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 & 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 two 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.1.5) Estimated total value
Value excluding VAT:
800 000.00
GBP
II.1.6) Information about lots
This contract is divided into lots:
No
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. We are seeking suitable proposals for external audit services for both the Fund and the Operator. We propose two separate contracts but both contracts will be awarded to the successful Tenderer.
The external audit services will include, but will not be limited to:
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;
—provide an audit opinion on the financials of the Company;
—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 as to whether 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 the applicable financial reporting and regulatory framework; as authorized under the UK Financial Services Markets Act 2000 (FSMA).
II.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
II.2.6) Estimated value
Value excluding VAT:
800 000.00
GBP
II.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 60
This contract is subject to renewal: No
II.2.9) Information about the limits on the number of candidates to be invited
II.2.10) Information about variants
Variants will be accepted:
No
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 III: Legal, economic, financial and technical information
III.1) Conditions for participation
III.1.2) Economic and financial standing
Selection criteria as stated in the procurement documents
III.1.3) Technical and professional ability
Selection criteria as stated in the procurement documents
III.2) Conditions related to the contract
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.2.2) Time limit for receipt of tenders or requests to participate
Date:
17/10/2016
Local time: 12:00
IV.2.4) Languages in which tenders or requests to participate may be submitted
EN
IV.2.6) Minimum time frame during which the tenderer must maintain the tender
Duration in months: 3 (from the date stated for receipt of tender)
IV.2.7) Conditions for opening of tenders
Date:
17/10/2016
Local time: 13:00
Section VI: Complementary information
VI.1) Information about recurrence
This is a recurrent procurement:
No
VI.2) Information about electronic workflows
Electronic invoicing will be accepted
Electronic payment will be used
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.
For more information about this opportunity, please visit the Delta eSourcing portal at:
https://www.delta-esourcing.com/tenders/UK-UK-London:-Auditing-services./65RX7BYG9Z
To respond to this opportunity, please click here:
https://www.delta-esourcing.com/respond/65RX7BYG9Z
GO Reference: GO-2016915-PRO-8793682.
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
15/09/2016