Award

External Audit Services - AWARD

UNIVERSITY OF HERTFORDSHIRE

This public procurement record has 1 release in its history.

AwardUpdate

14 Feb 2024 at 15:14

Award Notice
Summary of the contracting process

The University of Hertfordshire has awarded a contract for External Audit Services. The procurement process is complete, and the contract value is £1,487,610. The procurement method used was an open procedure with a tender closing on February 14, 2024. The contract period is from April 1, 2024, to March 31, 2030. The University is located in Hatfield, Hertfordshire, in the South East region of the United Kingdom. This opportunity falls under the services category.

This tender for External Audit Services presents a lucrative opportunity for businesses providing auditing services. Companies offering auditing and financial auditing services would be well-suited to compete for this contract. The selected supplier, Buzzacott LLP, will be responsible for meeting the audit requirements of various regulatory bodies. The University of Hertfordshire is seeking a proactive and professional approach from the contractor to ensure compliance and provide value-added services in line with the regulatory framework.

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Notice Information

Notice Title

External Audit Services - AWARD

Notice Description

The University is seeking a Contractor of external audit services who can offer a distinctive, innovative, proactive and professional approach to external audit, and one that meets all the external audit requirements of the Office for Students, Research England, the Education and Skills Funding Agency, Department for Education, Companies Acts and other relevant legislation, regulation and the UK Financial Reporting Framework. It is envisaged that the audit will comprise of an interim audit and a final audit. The Contractor will need to ensure that the service they provide meets all the requirements of the Office for Students regulatory framework. They will need to take account of any changing requirements providing assurance to the Audit and Risk Committee and the Board of Governors on the University's corporate governance and risk management arrangements and respond positively to any further developments in this area. A proactive approach to providing information and support to the University is required. All other information as per the invitation to tender documents.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4b5657d5-3cfa-4692-be51-b2ea6e884953
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/01680dfd-1320-4f77-b87d-408f62f8372f
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
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79212000 - Auditing services

79212100 - Financial auditing services

Notice Value(s)

Tender Value
£1,040,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,487,610 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
14 Feb 20242 years ago
Submission Deadline
14 Feb 2024Expired
Future Notice Date
Not specified
Award Date
14 Feb 20242 years ago
Contract Period
31 Mar 2024 - 31 Mar 2030 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF HERTFORDSHIRE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
HERTFORDSHIRE
Postcode
AL10 9AB
Post Town
St Albans
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH26 North and East Hertfordshire
Delivery Location
TLJ South East (England)
Local Authority
Welwyn Hatfield
Electoral Ward
Hatfield South West
Westminster Constituency
Welwyn Hatfield

Supplier Information

Number of Suppliers
1
Supplier Name

BUZZACOTT

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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