Award

3165/LM - Internal Audit Services to The University Of Sheffield

UNIVERSITY OF SHEFFIELD

This public procurement record has 3 releases in its history.

AwardUpdate

07 Jul 2022 at 08:53

Award

06 Jul 2022 at 14:26

Tender

04 Jan 2022 at 08:05

Summary of the contracting process

The University of Sheffield is seeking to award a contract for Internal Audit Services, valued at £1,200,000, for a period of three years starting on 1st August 2022, with potential annual extensions. This procurement is classified under the industry category of "Internal audit services" and is located in the Yorkshire and the Humber region of the United Kingdom. The procurement is currently in the Award stage, with the tender having ended on 7th February 2022. Interested suppliers were required to submit their responses through the University's e-tendering system, In-Tend.

This contract presents substantial opportunities for small and medium enterprises (SMEs) and voluntary community sector enterprises (VCSEs) with expertise in internal audit services, particularly those familiar with higher education institutions. Providers equipped to undertake risk management, internal controls, and support for Audit Committees will find this tender especially suitable. With a significant contract duration of up to six years, successful bidders can secure a long-term partnership with a prestigious institution, fostering potential business growth through continued service provision and the prospect of further collaborations.

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Notice Title

3165/LM - Internal Audit Services to The University Of Sheffield

Notice Description

The University of Sheffield wishes to award a contract for the provision of Internal Audit Services for a period of Three years from 1st August 2022, followed by a further period of Three years in yearly increments, to be reviewed annually. The University is looking to appoint a provider of internal audit services with experience of auditing higher education institutions. The successful provider will demonstrate that they have the experience, approach and tools for the provision of internal audit and risk management services, testing internal controls and development and support of the Audit Committee. Note: Internal and External audit services cannot both be provided by the same firm or provider. The main tender document gives further details of eligibility. The full technical specification can be found in the ITT documentation which will be available after you have expressed your interest on In-Tend. Tender Process and Documentation: This is an FTS Open tender exercise. The ITT can be downloaded by registering and expressing your interest on the University's e-tendering system https://in-tendhost.co.uk/Sheffield If you have any questions or comments in relation to this tender, they must be submitted via the In-tend System. Your tender response must also be submitted through InTend to arrive by the date and time specified. Late tenders will not be considered.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-22e2ef93-3b6a-4b7f-a5ab-0d25f06a2361
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cef42d6d-4f74-4931-b3bd-899b10c8656b
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
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
£1,200,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,200,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
7 Jul 20223 years ago
Submission Deadline
7 Feb 2022Expired
Future Notice Date
Not specified
Award Date
7 Jun 20223 years ago
Contract Period
31 Jul 2022 - 31 Jul 2025 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
UNIVERSITY OF SHEFFIELD
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SHEFFIELD
Postcode
S10 2TN
Post Town
Sheffield
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE32 Sheffield
Delivery Location
TLE Yorkshire and The Humber

Local Authority
Sheffield
Electoral Ward
Broomhill and Sharrow Vale
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
2
Supplier Names

KPMG

PRICEWATERHOUSECOOPERS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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