Open 20 days ago

Commercial Assurance Contract Audit

Descriptions

Procurement Scope: This notice seeks expressions of interest for establishing a framework agreement to cover Yorkshire Water's (YWS) requirements of third-party consultancy services to provide forensic auditing of commercial contracts. This framework aims to provide forensic auditing of commercial contracts to identify financial inefficiencies and unlock opportunities for significant financial gains. The risk-based audits focus on ensuring contract compliance and cost assurance, identifying cost recoveries, and recommending contract improvements. The framework will have an initial term of three years, with the option to extend for up to two additional years, followed by an optional one-year extension (3 + 2 + 1). Procurement Process: Expression of Interest (EOI) Interested parties must submit a notification of their intent to participate via e-mail to Maria Fe Arimana at maria.fe-arimana@yorkshirewater.co.uk Selection Questionnaire (SQ) YWS will issue a pre-qualification Selection Questionnaire via SAP Ariba to assess suppliers against key technical, financial, and compliance criteria. Suppliers must be registered on SAP Ariba to respond. Suppliers that fail to meet the minimum criteria can be excluded from the tender process. Invitation to Tender (ITT) Qualified bidders will proceed to the ITT stage, where commercial and technical submissions will be evaluated based on predefined criteria. This stage also includes contractual compliance. Evaluation and Award Successful suppliers will be awarded a place in the framework based on the most economically advantageous tender (MEAT), balancing cost, quality, and compliance. Additional Notes: Any estimated values or volumes provided are indicative only. Yorkshire Water reserves the right to adjust its requirements during the framework's duration. YWS reserves the right to cancel or amend this procurement process at its discretion without liability. Securing a place on the framework does not guarantee work.

Timeline

Published Date :

20th Jan 2025 in a 11 days

Deadline :

20th Feb 2025 20 days ago

Contract Start :

N/A

Contract End :

N/A

Tender Regions

CPV Codes

79212000 - Auditing services

Tender Lot Details

1 Tender Lot

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Workflows

Status :

Open

Assign to :

Tender Progress :

0%

Details

Notice Type :

Open opportunity

Tender Identifier :

IT-378-246-T: 2024 - 001

TenderBase ID :

310724019

Low Value :

£100K

High Value :

£1000K

Region :

North Region

Attachments :

Buyer Information

Address :

Liverpool Merseyside , Merseyside , L13 0BQ

Website :

N/A

Procurement Contact

Name :

Tina Smith

Designation :

Chief Executive Officer

Phone :

0151 252 3243

Email :

tina.smith@shared-ed.ac.uk

Possible Competitors

1 Possible Competitors