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Provision of Financial Audit Services to the Auditor-General

Public Tender - Round 12

Introduction

The Auditor-General is responsible for the financial statement audit of over 600 public bodies in Victoria. External financial audit service providers, appointed under the Audit Act 1994, carry out the necessary fieldwork on behalf of the Auditor-General for a number of these audits.

The arrangements for 83 financial statement audits will expire following the completion of the 2008-09 financial audit, and the Auditor-General wishes to make arrangements for the appointment of new financial audit service providers for a three year period, plus two additional years subject to satisfactory performance.

Rights Reserved

In making such arrangements, the Auditor-General reserves the right to increase the number of financial statement audits undertaken by in-house operational staff.

The Authorities for which the financial statement audits will be conducted are located in Melbourne and regional Victoria, and are in the Local Government, Transport, Justice, Health, Water and Education sectors. The Auditor-General reserves the right to arrange such audits in geographic groupings in order to achieve an efficient allocation of audits. Details of the groupings are contained in Attachment B to the ‘Tender Specifications’ document.

The Auditor-General has a five year rotation policy applying to financial audits, whereby after five years the new contract shall not be awarded to the previous financial audit service provider. The rotation policy applies to the audit service provider and not the firm, for example, another partner in a firm would be eligible to tender.

Process

The Auditor-General has determined a single stage registration of interest and tender process will be undertaken. This means that interested parties must lodge both a Registration of Interest (ROI) in accordance with the ROI Specifications; and a Tender response (in accordance with the Tender Specifications) on or before the closing time (as set out in the table below). Tenders are invited from suitably qualified and experienced financial auditors. Tenderers may submit a tender for an individual audit or for a group of audits.

An existing or past Audit Service Provider (person, not firm) that has submitted a Registration of Interest for a previous tender in the past two years and were successful in their application is not required to submit a detailed Registration of Interest in their application. Alternatively they may complete the cover sheet provided in the Annex to the ROI Specification and supply details of any significant changes to their firm since the previous ROI that may impact their ability to perform the audit, as well as information concerning alterations to audit methodology and quality assurance.

For firms that have not performed audit services for the Victorian Auditor General's Office in the past two years, or that were previously unsuccessful in their application to tender, the ROI must be completed in full including all of the documentation requested in the ROI Specifications.

Further information regarding the ROI and Tender response is contained in the accompanying documentation.

Questions and Answers

Questions and Answers regarding this tender process will be regularly posted to our website until Wednesday, 6 May 2009.

PROCESS TIMETABLE

Activity

Date

Registration of Interest and Tenders – invited

15 April 2009

Registration of Interest and Tenders – close

2.00pm 8 May 2009

Auditor-General to appoint financial audit service providers

26 June 2009

Unsuccessful tenderers informed of result of tender process

29 June 2009

Further details are contained in the Tender specifications form and its attachments. Tenders close at 2.00pm on Friday, 8 May 2009 and late tenders will not be accepted.

REQUEST FOR TENDER – TR12

TENDERS FOR THE PROVISION OF FINANCIAL AUDIT SERVICES – TR12

Enquires concerning tenders shall only be made in writing to the following
contact person:

Mr John Findlay
Assistant Auditor-General,
Financial Audit

E-mail address for questions:

tenders@audit.vic.gov.au

Place for lodgement of tenders:

Level 24, 35 Collins Street,
Melbourne VIC 3000

Closing time and date:

2pm, Friday, 8 May 2009

Reference:

Provision of Financial Audit Services – TR12

Tender advertised:

Wednesday, 15 April 2009

All Tenderers are required to complete and submit both

Documentation to be read in conjunction with the Request for Tender comprises:

Conditions of Registration and Tender (pdf)
Registration of Interest Specifications (pdf)

Tender Specifications, including:



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