GoJ-ITT-CAG- Provision of External Audit for the Government of Jersey
Main contract details
a) the States have long-term financial sustainability;
b) taxpayers’ money is used wisely to deliver positive outcomes for islanders;
c) financial implications (income and expenditure – both revenue and capital) of decisions are understood; and
d) there is an efficient and effective customer-focussed finance department.
The States have engaged a strategic partner to assist in a wide-ranging transformation programme with workstreams covering:
• consolidation of the finance function;
• review and redesign of key finance processes;
• production of a business case for replacement of the financial system;
• co-creation of the Government Plan (that embraces the annual budget and medium-term financial plan);
• co-design and implementation of enterprise wide risk management;
• information driven decision making; and
• coaching both within and beyond the finance function.
As part of its ambition to transform its finance function, the States have decided to move forward the preparation of the States 2018 financial statements to no later than 28 February 2019 and have expressed a desire for the audit to be completed no later than 31 March 2019. The States have also expressed a desire to bring forward further the date for preparation of their draft financial statements and completion of the audit in subsequent years.
The States have, with external support, been undertaking a review of the Public Finances (Jersey) Law 2005 and envisage lodging a proposition of draft Law shortly.
As the new and potential timetables are substantially earlier than the statutory timetable and previous practice, the C&AG decided, following consultation with the current auditor, to bring to an end the previous Contract and invite Tenders on the basis of earlier completion of the audit.
The objective of this procurement exercise is to secure the provision of high quality external audit in accordance with an accelerated timetable for financial reporting.
Key dates
Expression of interest window
From 21/02/2019 10:00 to 29/03/2019 17:00
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Contact details
St Helier
St. Helier (Jersey)
JE4 8PE
Jersey (States of)