Award

External Audit Services 2021 - AWARD

THE UNIVERSITY OF NOTTINGHAM

This public procurement record has 2 releases in its history.

AwardUpdate

31 Aug 2021 at 09:50

Award

31 Aug 2021 at 09:48

Summary of the contracting process

The University of Nottingham has successfully awarded a contract for External Audit Services, which includes statutory year-end audit services for the University and its subsidiaries. The relevant procurement process, classified under Auditing services (CPV Code: 79212000), followed an 'Other' procurement method. The contract has an initial term of three years, starting from September 1, 2021, with options for further extensions of one year plus one year. The contract value is set at £1.5 million with a minimum value of £750,000. The tender was open until April 23, 2021.

This tender presents significant opportunities for businesses specialising in audit and compliance services, particularly those with experience in higher education or public sector auditing. Firms capable of delivering high-quality audit services while adhering to legislative standards will be well-suited to compete. Additionally, businesses seeking to expand their presence in the auditing industry can benefit from this contract's considerable value and the potential for long-term engagements owing to the extension options.

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Notice Title

External Audit Services 2021 - AWARD

Notice Description

Awarded. The University of Nottingham ("the University") wishes to appoint external auditors to provide statutory year-end audit services for the University and its subsidiaries. The successful firm will be required to undertake audits in accordance with relevant legislation and advise the University on compliance and best practice. Contract initial term 3 years with option to extend for a further 1 + 1 years.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-344a4c72-6215-45f8-8782-bebff3ac006e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1a3e01c0-02a6-4857-a191-f584930bca19
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79212000 - Auditing services

Notice Value(s)

Tender Value
£1,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,200,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
31 Aug 20214 years ago
Submission Deadline
23 Apr 2021Expired
Future Notice Date
Not specified
Award Date
17 Jun 20214 years ago
Contract Period
31 Aug 2021 - 31 Aug 2026 Over 5 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
THE UNIVERSITY OF NOTTINGHAM
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NOTTINGHAMSHIRE
Postcode
NG7 2RN
Post Town
Nottingham
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF14 Nottingham
Delivery Location
TLF East Midlands (England)

Local Authority
Nottingham
Electoral Ward
Radford
Westminster Constituency
Nottingham South

Supplier Information

Number of Suppliers
1
Supplier Name

BDO

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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