External Audit Services

Award

Value

£53,500

Classifications

  • Accounting and auditing services

Tags

  • award

Submission Deadline

3 years ago

Published

3 years ago

Description

External Audit Services

Documents

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  • Contract Agreement

    The official contract terms, conditions, and scopes of work.

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  • Award Notice

    Details on the tender award and selected suppliers.

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Open

Regulation Assurance

Procurement Scope: Yorkshire Water (YWS) is seeking expressions of interest to establish a framework agreement for third-party consultancy services in Regulatory Assurance. This framework aims to ensure compliance with regulatory requirements by delivering robust, accurate, complete, and transparent performance data to Ofwat. The primary deliverables include: • Assurance of the Annual Performance Report (APR) and Periodic Review (PR). • Assurance of regulatory charges. • Ad-hoc assurance and reporting requests. Framework duration: 5 years Estimated number of suppliers: 3 Procurement Process: 1. Expression of Interest (EOI) Interested parties must submit their intent to participate via email to Maria Fe Arimana at [email protected]. 2. Selection Questionnaire (SQ) Yorkshire Water will issue a Selection Questionnaire (SQ) via SAP Ariba to assess suppliers against key technical, financial, and compliance criteria (pass / fail). Suppliers must be registered on SAP Ariba to participate. Failure to meet the minimum criteria may result in exclusion from the tender process. 3. Invitation to Tender (ITT) Shortlisted suppliers will proceed to the ITT stage, where submissions will be evaluated as follows: • Technical evaluation: 70% • Commercial evaluation: 30% • Contractual compliance assessment Suppliers scoring below 35% in the technical evaluation during ITT Round 1 will not proceed to Round 2. 4. Evaluation and Award Contracts will be awarded based on the Most Economically Advantageous Tender (MEAT), considering cost, quality, and compliance. 5. Work Allocation Yorkshire Water has defined AMP8 work packages, which will be allocated as follows: • Mini-competitions for work valued above £100,000. • Direct awards for work below £100,000. Additional Notes: • Estimated values and volumes are indicative and may be subject to change. • Yorkshire Water reserves the right to amend or cancel the procurement process at its discretion, without liability. • Securing a place on the framework does not guarantee work.

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Organisation

Mark Salmon

[email protected]

01442 292392

Timeline complete

Publish
Bid
Evaluate
Award
Complete