📑Baseline profit rate and capital servicing rates assurance services
Procurement process summary
This process is to purchase Baseline profit rate and capital servicing rates assurance services.
This contract was awarded by 🇬🇧 SINGLE SOURCE REGULATIONS OFFICE for an amount of GBP 81,000 to 1 supplier. It was published on 2018-10-15 through open
Transparency in this process is reflected in the detailed publication of all aspects of the contract and its results.
Buying entity🇬🇧 SINGLE SOURCE REGULATIONS OFFICE Buying unitnot reported Publication date2018-10-15 Contest statusnot reported DescriptionThe SSRO is seeking an independent assurance service for three consecutive years in relation to the baseline profit rate and capital servicing rates that it will respectively recommend to the Secretary of State in January 2019, January 2020 and January 2021. This service will take the form of independent assurance on the execution of the methodology to calculate the rates and will involve: a) Scrutiny of the records of the SSRO's decision process to assess comparator companies in each of the four activity types ('develop and make', 'provide and maintain', 'ancillary services' and 'construction') to ensure they are consistent with the published methodology. This will require an understanding of transfer pricing principles upon which the methodology is based. b) Verification of whether the SSRO's Microsoft Excel based model calculates the baseline profit rate and capital servicing rates in accordance with paragraph 3.8 and Sections 9 to 11 of the methodology. c) Verification that graphs, charts, and summary tables are linked correctly to the model outputs. d) Submission of the findings for the assurance activities a), b) and c) in the form of written reports to the Regulatory Committee. The first report will cover preliminary assessment of a). The final report will cover the final assessment of a), b) and c).Awards
This award was granted to BDO LLP by SINGLE SOURCE REGULATIONS OFFICE for an amount of GBP 81,000. The procurement process was conducted through open for the category of services. The award was granted on 2018-09-14. This is award number 1.
| Supplier | Amount | Award date | Award number |
|---|---|---|---|
| 🇬🇧 BDO LLP | GBP 81,000 | 2018-09-14 | 1 |
Market context and opportunities
The execution of this contract allows the entity SINGLE SOURCE REGULATIONS OFFICE to fulfill its public service objectives efficiently.
The open purchase modality ensures that the process is transparent and compliant with regulations.
Transparency in this process is reflected in the detailed publication of all aspects of the contract and its results.
This transparency in public procurement promotes fair competition, prevents corruption, and ensures that public resources are used efficiently for the benefit of citizens.
Additional data
Contract NumberUK_ocds-70d2nz-f8019bed-a4d7-4781-8656-7d74a49efdec-award-1Publication date2018-10-15Contract datenot reportedAward date2018-09-14CategoriesservicesPurchase modalityopenMethod detailsOpenNonOJEU:OpenNonOJEUStatusnot reportedData sources
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