Award

Accounts Payable Recovery Audit

UNIVERSITY OF BRISTOL

This public procurement record has 1 release in its history.

Award

14 Dec 2020 at 09:21

Summary of the contracting process

The University of Bristol has successfully completed a tender process for an "Accounts Payable Recovery Audit" aimed at identifying and recovering duplicate or erroneous payments through third-party auditing services. This service is classified under accounting and auditing services, with a total contract value of £18,000. The procurement method used was selective, through a call-off from a framework agreement. The procurement stage was awarded on 4 December 2020, with the contract commencing on 7 December 2020 and concluding on 30 April 2021. The services were required for delivery to Bristol, located in the South West of England.

This tender represents a valuable opportunity for businesses involved in accounting and auditing services, particularly smaller businesses and voluntary, community, and social enterprises (VCSEs), as indicated by the suitability criteria. Companies specialising in recovery audits, transaction analysis, and financial consultancy would be particularly well-suited to participate in such tenders, leveraging their expertise to secure similar contracts in future procurement processes.

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Notice Title

Accounts Payable Recovery Audit

Notice Description

Third party services to review and compare purchase ledger transactions with supplier sales ledger transactions and recover duplicated payments, payments made in error and recover monies due.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-621383bf-f76b-41e3-9148-f74d9486c9a4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/34003c80-b87e-4d79-89d1-042003ba6dbc
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
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

79210000 - Accounting and auditing services

79212000 - Auditing services

Notice Value(s)

Tender Value
£18,000 Under £100K
Lots Value
Not specified
Awards Value
£18,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
14 Dec 20205 years ago
Submission Deadline
4 Dec 2020Expired
Future Notice Date
Not specified
Award Date
4 Dec 20205 years ago
Contract Period
7 Dec 2020 - 30 Apr 2021 1-6 months
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 BRISTOL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BRISTOL
Postcode
BS1 5DS
Post Town
Bristol
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK5 West of England
Small Region (ITL 3)
TLK51 Bristol, City of
Delivery Location
TLK South West (England)

Local Authority
Bristol, City of
Electoral Ward
Central
Westminster Constituency
Bristol Central

Supplier Information

Number of Suppliers
1
Supplier Name

MERIDIAN COST BENEFIT LTD T/A MERIDIAN RECOVERY AUDIT

Further Information

Notice Documents

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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