Audit of HIE Group Companies

Wave Energy Scotland LimitedcontractFind a TenderRef ocds-h6vhtk-06019e32014L0024active
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Estimated value

services

Awarded value

Suppliers

1

Lots

1

1 awarded

Published

03 Apr 2026

Description

THIS IS A CONTRACT AWARD NOTICE AND AS SUCH THE PROCUREMENT PROCESS IS COMPLETE. HIE has appointed a supplier to deliver audit services for its group. HIE currently has five active group companies that require annual audits and consolidation into HIE's Consolidation Pack. In addition, the supplier will be responsible for preparing and submitting the annual corporation tax returns. The services are required from 1st April 2026 for an initial period of 3 years, with HIE having the option to extend for a period or periods together not exceeding 1 year following the Initial Term. The value of the initial 3-year period is GBP 157,350 (excluding VAT).

Scope

Reference
FTS049
Commercial tool
Standalone contract
Contract dates

It is expected that these services will be required from mid April 2026 for an initial period of 3 years unless terminated in accordance with the provision of the Framework agreement with the option to extend for a period of one year (3 + 1) together not exceeding 4 years following the Initial Term.

Main category
services
CPV classifications
79212100
79212000
Contract locations
Scotland

Award criteria

Criteria the buyer will use to evaluate bids.

NameDescriptionTypeWeighting
Prompt Payment Standard ClausePass/Failquality
Payment of the Real Living WagePass/Failquality
Cyber SecurityPass/Failquality
Delivery of Community BenefitsPass/Failquality
Management and Delivery Methodology35%quality
Management and Delivery Team20%quality
Fair Work Practices5%quality
40%price

Submission & procedure

Procedure
Open procedure

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

Award date

Contract start

Contract end