Award

NU/1632 The Provision of External Audit Services (UK Subsidiary Companies and the University of Newcastle upon Tyne Development Trust)

NEWCASTLE UNIVERSITY

This public procurement record has 1 release in its history.

Award

30 Apr 2021 at 12:56

Award Notice
Summary of the contracting process

The procurement process involves Newcastle University as the buying organisation, seeking external audit services for its UK subsidiary companies through tender ID NCL001-DN522084-29731179. The tender process is complete, with the award made on 15 March 2021, covering services classified under auditing with a total contract value of £72,000. The contract period commenced on 1 April 2021, set to conclude on 31 March 2023. The services are required in Newcastle upon Tyne, England, and the tender had a deadline for submissions on 16 February 2021.

This tender presents opportunities for businesses in the auditing sector, particularly those with capacity for statutory audits and experience dealing with educational institutions or similar organisations. Given the nature of this contract, larger firms with established auditing practices, such as Tait Walker, could dominate the competition. However, opportunities may also exist for skilled smaller firms in the sector, especially where they possess niche expertise in university audits or compliance functions.

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Notice Information

Notice Title

NU/1632 The Provision of External Audit Services (UK Subsidiary Companies and the University of Newcastle upon Tyne Development Trust)

Notice Description

Lot 1: Statutory audit of the University's UK subsidiary companies The main contact within the University for the subsidiary companies will be the Executive Director of Finance through whom arrangements will be made for the conduct of the audit and with whom issues arising from the audit will be cleared. All subsidiary companies have a 31st July year end.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-59b737c9-c3bd-4df2-a783-8dd8f59418da
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/539a5004-0d0a-436e-b1d1-87a2a76bf73b
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
£172,000 £100K-£500K
Lots Value
Not specified
Awards Value
£72,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
30 Apr 20214 years ago
Submission Deadline
16 Feb 2021Expired
Future Notice Date
Not specified
Award Date
15 Mar 20214 years ago
Contract Period
31 Mar 2021 - 31 Mar 2023 1-2 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
NEWCASTLE UNIVERSITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NEWCASTLE UPON TYNE
Postcode
NE1 7RU
Post Town
Newcastle upon Tyne
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Newcastle upon Tyne
Electoral Ward
Monument
Westminster Constituency
Newcastle upon Tyne Central and West

Supplier Information

Number of Suppliers
1
Supplier Name

TAIT WALKER

Further Information

Notice URLs

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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