Award

1062 - Internal Audit Services

ASTON UNIVERSITY

This public procurement record has 1 release in its history.

Award

22 May 2025 at 12:37

Summary of the contracting process

Aston University, located in Birmingham, has completed the procurement process for the provision of Internal Audit Services, classified under the industry category 'Internal audit services' (CPV code 79212200). The process followed an open procedure, which invited qualified bidders to participate until the tender period's closing date on 13th January 2025. The contract, valued at £450,000, was awarded to KPMG LLP, and the implementation is scheduled to start on 1st June 2025, concluding on 31st July 2028. This award is aligned with Aston University’s strategic aim to strengthen its control environment and ensure resilience and adaptability in its operations.

This tender presents significant opportunities for growth in the auditing sector, particularly for businesses specialising in collaborative and strategic advisory roles. Companies capable of providing insightful and adaptive audit services that enhance organisational resilience to external changes could find this contract highly beneficial. The procurement was highly accessible, encouraging participation from SMEs and VCSEs, which underscores Aston University's commitment to fostering a diverse supplier community. It highlights the university's strategic pursuit of partnerships that go beyond traditional auditing to contribute positively towards its long-term objectives and community engagement.

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Notice Title

1062 - Internal Audit Services

Notice Description

Aston University is inviting tenders to provide an Internal Audit Service (IAS). Aston University recognises the organisational value that may be derived through a robust control environment incorporating effective first, second and third lines. Selecting the optimum co-source internal audit partner is very important to us: our vision is to be a leading university of science, technology and enterprise, measured by the positive transformational impact we achieve for our people, students, businesses and the communities we serve. This means that we will need to think and act differently, beyond the conventional boundaries of today. We need an internal audit partner who can not only provide assurance over our current control environment, but can work with us collaboratively in accordance with our Values to achieve our 2030 strategy. This means providing insight and advice to support us to become future-proof, more resilient and responsive to external changes and disruptions, and able to drive new high impact developments.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-22afd436-e8c6-44e9-9352-46af2239ff7f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/516d8513-ba61-41de-ab88-7e192daf59f8
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79212200 - Internal audit services

Notice Value(s)

Tender Value
£540,000 £500K-£1M
Lots Value
Not specified
Awards Value
£450,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
22 May 20259 months ago
Submission Deadline
13 Jan 2025Expired
Future Notice Date
Not specified
Award Date
21 May 20259 months ago
Contract Period
31 May 2025 - 31 Jul 2028 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
ASTON UNIVERSITY
Contact Name
Jacob Rankine
Contact Email
j.rankine@aston.ac.uk
Contact Phone
+44 1212043000

Buyer Location

Locality
BIRMINGHAM
Postcode
B4 7ET
Post Town
Birmingham
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
Not specified

Local Authority
Birmingham
Electoral Ward
Nechells
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

KPMG

Open Contracting Data Standard (OCDS)

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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