RFP QuestBeta
ClosedStage · tender

Flood Re

Statutory Audit Services

Business ServicesCPV 79412000
Value£4.4m
Deadline9 Jan 2023
Published13 Oct 2022
RegionNationwide
Timeline
Published 13 Oct 2022ClosedCloses 9 Jan 2023
Who to contact
informatiion@floodre.co.uk

The procurement contact named on the official notice.

How to submit
Open the submissions portal

The submission route named on the official notice.

Contract value in context
£4.4mtotal contract value
median £66k
this tender£0£4.8m

This is a large award for Business Services — above three-quarters of comparable contracts. Based on 57,319 valued Business Services tenders in our corpus.

When this comes round again

Flood Re has published 14 notices across all categories, and 67% of its awards go to a supplier it has used before.

Which is the argument for getting on the list rather than winning this one. The incumbent is rarely the last winner — it is the roster. See the retention odds by category →


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The brief

Flood Re seeks to re-procure its external statutory audit services in accordance with its commitment to stakeholders The objective of the statutory audit is to express an opinion, as to whether the financial statements of Flood Re present fairly, in all material respects, the financial position, results of operations and changes in cash flow in accordance with applicable accounting standards.

The external auditor will be required to auditor Flood Re's financial statements primarily based on IFRS 17, but will also be required to audit the IFRS 4 equivalent due to Flood Re's public accounting obligations.

Requirements

What the notice asks for

01

The external auditor will be required

The external auditor will be required to auditor Flood Re's financial statements primarily based on IFRS 17, but will also be required to audit the IFRS 4 equivalent due to Flood Re's public accounting obligations.

Sentences from the notice that state an obligation, surfaced automatically and shown in the order they appear. Not an exhaustive list — always confirm against the tender documents.

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Source & provenance
OCID
ocds-h6vhtk-037574
Stage
tender · Open
Source
Find a Tender
Buyer ref
028843-2022
View the original notice on Find a Tender

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

Market context

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