THA for the Provision of Service Charge Audits

Open

Value

£0

Classifications

  • Financial auditing services

Tags

  • tender

Submission Deadline

1 month from now

Published

1 day ago

Description

It is Together Housings intention to enter into an Agreement with an organisation for an initial period of 3 years (plus 2 x 12 months optional extension periods), to undertake an annual review of service charge accounts with the purpose of issuing a factual report on service charges for each set of accounts. Together housing Association have a requirement for the service due to the requirements held within specific leases in relation to service charges.  Together Housing Association is seeking a provider that is familiar with the operating environment and regulatory issues faced by housing associations. The winning bidder is to be available to commence with duties as to the agreement entered from 1st April 2025. The programme of work / necessity schedule will be agreed with the lead Contact at Together Housing upon contract award.

Additional information: 
Please register your interest and download the documents at https://in-tendhost.co.uk/together-housing/aspx/Home to participate in this opportunity

Is a Recurrent Procurement Type? : Yes

Documents

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  • Contract Agreement

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  • Award Notice

    Details on the tender award and selected suppliers.

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Leaseholder Service Charge Audit

Anchor will require the following leaseholder service charge audits/services based on:- - Preparing the service charge statement in accordance with Tech 03/11 Residential Service Charge Accounts published jointly by the professional accountancy bodies with ARMA and RICS; - Anchor will make available all relevant information and documentation in relation to which your procedures are to be performed including transaction list and trial balance spreadsheet for each home as well as relevant information requested upon sampling; - Maintaining proper accounting records in relation to the premises in respect of which a service charge statement is prepared; - Ensuring your compliance with the requirements of the Landlord and Tenant Acts 1985 and 1987; - Safeguarding the assets relevant to the service charge statement and preventing and detecting fraud, error and non-compliance with law or regulations. Additional information: Ensuring that all arithmetic on the service charge statements is correct. Your procedures will be performed in order to detect any mathematical errors in the calculations made by Anchor. Agreeing all entries on the service charge statements to supporting working papers and income and expenditure data for the service charge period. Agreeing a sample of expenditure declared in the statement of expenditure to invoices / other supporting documentation and evidence of payment to ensure that: - expenditure is eligible under the Anchor Hanover Group's agreement with their tenants - expenditure included in the certificate is defrayed in the correct service charge period; and - apportionments included in the certificate for admin costs and overheads are on a basis that is consistent with the Anchor Hanover Group's internal systems The above agreed procedures will be performed having regard to Tech 03/11 Residential Service Charge Accounts published jointly by the professional accountancy bodies with ARMA and RICS. Having performed the agreed procedures, you will report to Anchor in writing on your findings. Tender Documentation can be found here: https://anchor.my.salesforce-sites.com/?searchtype=Projects

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Organisation

Laura Gordon

[email protected]

7720968401

Timeline active

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Award
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