News release: market engagement with potential suppliers (November 2021)

This week we held our first market engagement webinar with potential suppliers for our 2022 audit services procurement. We walked through and took questions on the procurement strategy outlining our current thinking on lot structure, bidding rules, the basis for bid pricing and the indicative timescales.

We were delighted to welcome representatives from registered local audit firms alongside those from potential new entrants to the market. This aligns with one of our procurement strategy objectives – to retain existing experienced suppliers and create opportunities for new entrants. The second market engagement webinar takes place on 26 January. Further info can be found on our website.