Description of the goods or services required
Solihull Council established Solihull Community Housing (SCH) as an Arms Length Management Organisation (ALMO) in April 2004 to manage and maintain the Councils’ housing stock. With the use of £63.3M of additional funding to help achieve the Decent Homes Standard, SCH transformed, improved and modernised the interiors of the housing stock as well as achieve a 3 star (excellent) rating by the Audit Commission in 2008.
In 2012, the Council took on £69.566M of HRA debt in exchange for being released from the Housing Subsidy System. The HRA Medium Term Financial Strategy is currently being refreshed and will provide an intelligence led capital investment programme with a view to being in place during 2020/21.
SCH is seeking proposals from firms wishing to be considered for appointment as statutory external auditors and advisors to the company. The current auditors, RSM UK Audit LLP have served a term of 10 years and we are required to re-tender this service in line with the Company’s rules for contract.
All firms wishing to be considered for the award of this contract must be able to demonstrate at least three years’ experience in the provision of finance auditing and tax services and general associated advice, including the preparation and provision of reports and correspondence to senior and executive officers.
The audit must be carried out in accordance with published Auditing standards and given the need to consolidate the accounts within those of Solihull MBC, the Code of Audit Practice for Local Authorities. It should comprise such examination of the statements, underlying records and control systems as may be necessary for you to reach an opinion on the financial statements presented for audit.