Award

Internal Audit Services

UNIVERSITY OF LINCOLN

This public procurement record has 1 release in its history.

Award

22 Apr 2021 at 11:11

Summary of the contracting process

The University of Lincoln has successfully completed the procurement process for Internal Audit Services, valued at £445,000. This tender was conducted under the Crown Commercial Service Management Consultancy Framework (RM3745), specifically Lot 3 (Audit). The contract period runs for four years, commencing on 1st August 2021 and concluding on 31st July 2026, with the possibility of a 12-month extension. The tender was initially open until 29th January 2021, marking the end of the tender period.

This award presents significant opportunities for audit firms looking to expand their services within the education sector. Companies specialising in internal audit services could benefit from this engagement, particularly those with expertise in compliance and risk management. As the procurement was carried out using a selective method, businesses with proven credentials in similar frameworks are well-positioned to compete for future contracts of this nature.

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Notice Title

Internal Audit Services

Notice Description

This procurement was carried out via the Crown Commercial Service Management Consultancy Framework (RM3745) Lot 3 (Audit). The contract is for a period of 4 years with the option to extend by a further 12 month period.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-690b921f-cbe9-4ef0-9536-60acd669acdf
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/fe2e9971-1f4f-48bc-83c8-b106f3f6bd56
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79212200 - Internal audit services

Notice Value(s)

Tender Value
£445,000 £100K-£500K
Lots Value
Not specified
Awards Value
£445,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
22 Apr 20214 years ago
Submission Deadline
29 Jan 2021Expired
Future Notice Date
Not specified
Award Date
20 Apr 20214 years ago
Contract Period
31 Jul 2021 - 31 Jul 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
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
Not specified

Local Authority
Lincoln
Electoral Ward
Boultham
Westminster Constituency
Lincoln

Supplier Information

Number of Suppliers
1
Supplier Name

PRICEWATERHOUSECOOPERS

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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