Tender

External Audit Services

UNIVERSITY OF LINCOLN

This public procurement record has 1 release in its history.

Tender

03 Mar 2017 at 12:03

Tender Notice
Summary of the contracting process

The University of Lincoln is currently conducting a tender for External Audit Services, focusing on the auditing sector within the East Midlands region of the UK. This open procurement process, initiated on 3 March 2017, invites qualified suppliers to submit their proposals by the deadline of 31 March 2017. The contract period is set to commence on 1 July 2017 and may be extended until 30 November 2022, allowing for three and a half years of potential extension. The successful bidder will undertake several audits, including statutory audits and compliance with US federal loan return requirements.

This tender presents significant opportunities for audit firms with experience in the higher education sector, particularly those familiar with regulatory compliance and financial reporting. Businesses that can demonstrate a thorough understanding of university financial matters, as well as experience in statutory and pension scheme audits, will be well-positioned to compete. The University of Lincoln's commitment to regulatory adherence makes this a valuable project for auditing services providers aiming to expand their portfolio within the educational sector.

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Notice Information

Notice Title

External Audit Services

Notice Description

The University is seeking to appoint External auditors who have in-depth knowledge and experience of the Higher Education (HE) Sector. The Contract will run for a period of 1 year commencing 1st July 2017. There will be an option for the University to extend the Contract by a period of three and a half yearly extensions until 31st December 2021. To include: Statutory audit of the Group financial statements for the year ending 31 July 2017 in accordance with applicable auditing standards Audit and sign-off of the Teacher's Pension Scheme (TPS) return in accordance with TPS requirements Audit and sign-off of the US Federal Loan Return in accordance with US Department of Education requirements Attendance at relevant meetings of the Governing Body as required Provision and presentation of an audit findings report to Senior Management and the Governing Body Provision of technical advice on the adherence to regulatory guidance relevant to University financial statements

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6eb522e1-3e12-437a-9a7d-75ce66d7c939
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/968d5da2-a794-4fbf-b7d0-949a72e4a9b2
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender 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

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
3 Mar 20179 years ago
Submission Deadline
31 Mar 2017Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
2 Jul 2017 - 30 Nov 2022 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
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

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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