Award

Internal Audit Services

UNIVERSITY OF LINCOLN

This public procurement record has 1 release in its history.

Award

18 Nov 2016 at 20:17

Award Notice
Summary of the contracting process

The University of Lincoln is conducting a procurement process for Internal Audit Services, categorised under auditing services. This contract is set to commence on 1st August 2016 and will last for one year, with an option to extend for a further three years until 31st July 2020. The tender period concluded on 4th April 2016. Interested parties were required to submit their tenders through the e-tendering portal, and the estimated value of the contract is £400,000, with a minimum bid value of £200,000.

This opportunity could significantly benefit businesses focused on audit and financial consultancy, particularly those with experience in developing internal audit strategies and governance advice. Small and medium enterprises (SMEs) may find this contract particularly relevant, as they can leverage their specialised knowledge and flexibility to meet the University's requirements for value optimisation and high-quality assurance in the internal audit process.

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Notice Information

Notice Title

Internal Audit Services

Notice Description

The Contract will run for a period of 1 year commencing 1.8.2016. There will be an option for the University to extend the Contract by a period of 3 further years until 31.7.2020. The services for which the Tenderer is invited to tender for are the provision of internal audit services to the University. Including but not limited to: -- Development and delivery of both; an internal audit strategy and/or methodologies; plus, an internal audit plan. -- Advice on governance, risk management and internal control -- Recommendations on optimising value for money outcomes -- Incorporate proactive knowledge sharing and best practice from the HE sector -- Benchmarking and Quality Assurance of Internal Audit performance The information and/or documents for this opportunity are only available by visiting the e-tendering portal https://in-tendhost.co.uk/lincoln/aspx/Home and accessing the Tenders tab and clicking on current. If you have not already done so, you will need to register on this site to access the Invitation to Tender and associated documentation. If you are already registered you will not need to register again, simply use your existing user-name and password. If you have any questions on how to use this website please contact the In-Tend Support Team viasupport@in-tend.com or call them on +44 8455578079 or +44 1144070065. Additional information: Closing time for return of tenders is 12:00 noon on the 4th April 2016.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-64efca69-adc9-11e6-9901-0019b9f3037b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8fd45c50-b6cd-4859-a503-f93e733bccf4
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
SME
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
£400,000 £100K-£500K
Lots Value
Not specified
Awards Value
£293,800 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
18 Nov 20169 years ago
Submission Deadline
4 Apr 2016Expired
Future Notice Date
Not specified
Award Date
7 Mar 20169 years ago
Contract Period
31 Jul 2016 - 31 Jul 2017 6-12 months
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 LINCOLN
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LINCOLN
Postcode
LN6 7TS
Post Town
Lincoln
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF3 Lincolnshire
Small Region (ITL 3)
TLF30 Lincolnshire CC
Delivery Location
TLF East Midlands (England)
Local Authority
Lincoln
Electoral Ward
Boultham
Westminster Constituency
Lincoln

Supplier Information

Number of Suppliers
1
Supplier Name

PRINCE WATERHOUSE COOPERS

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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