Tender

UOW836 - External Audit Services

UNIVERSITY OF WORCESTER

This public procurement record has 6 releases in its history.

TenderAmendment

09 Mar 2022 at 12:22

TenderAmendment

09 Mar 2022 at 12:13

TenderAmendment

04 Mar 2022 at 15:02

TenderAmendment

04 Mar 2022 at 14:59

TenderAmendment

06 Jan 2022 at 10:55

Tender

06 Jan 2022 at 10:55

Summary of the contracting process

The University of Worcester is currently engaged in the procurement process for External Audit Services, referred to as UOW836. With an estimated contract value of £80,000, this tender falls within the accounting and auditing services category, specifically addressing the need for auditing services following the expiration of the previous contract in 2021. The procurement method being used is an open procedure, and the tender period is set to close on 24th March 2022. The contract is expected to commence on 2nd May 2022 and will run until 1st May 2025. Businesses interested in this opportunity should take note of the scheduled open meeting on 11th January 2022 for further engagement with the University’s Finance team.

This tender presents an excellent opportunity for small and medium-sized enterprises (SMEs) in the auditing sector to expand their business. Companies with experience in financial auditing, statutory audits, and related services would be particularly well-suited to compete for this contract. The University’s proactive approach in gauging market interest suggests a conducive environment for collaboration, facilitating growth potential for businesses that can offer tailored audit solutions. Interested parties are encouraged to actively participate in the upcoming open meeting to better understand the specific requirements and expectations of the University of Worcester.

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Notice Title

UOW836 - External Audit Services

Notice Description

The current External Audit contract expired in 2021 following the signing of the Annual 20/21 financial accounts therefore we are looking to review the current market to gain insight as to whether there is appetite and capacity in the marketplace for these services. At this stage of engaging the market, the University is looking to understand the level of interest in working with us as this will determine if we use a pre-existing framework such as HE or CCS or if we go to the open market for our solution. In parallel to this exercise in market engagement, workshops are being organised internally to gather and define a complete scope, a detailed set of requirements, appropriate evaluation methods and weightings, and metrics to measure the success of the implementation and operation of the solution. The output of this market engagement exercise will help to shape these captured requirements, so that the intended formal procurement that will follow this stage is fit for purpose when it is published. Open Meeting We are planning an open 'Teams' meeting in early January where you will be able to discuss in further detail with member of the Finance staff on Tuesday 11th January 2022 at1.30 -2.30pm. Please contact k.preece@worc.ac.uk if you would like to attend. Additional information: https://in-tendhost.co.uk/universityofworcester/aspx/Home Is a Recurrent Procurement Type? : No

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7eb42479-d568-46d7-85df-bdbb2c2aac37
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1b316599-dc12-4d02-8abd-c10a1d6d7864
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 (below threshold)
Tender Suitability
SME
Awardee Scale
Not specified

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

79212100 - Financial auditing services

79212300 - Statutory audit services

Notice Value(s)

Tender Value
£80,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
9 Mar 20223 years ago
Submission Deadline
24 Mar 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
2 May 2022 - 1 May 2025 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF WORCESTER
Contact Name
Kathy Preece
Contact Email
k.preece@worc.ac.uk
Contact Phone
01905 855 114

Buyer Location

Locality
WORCESTER
Postcode
WR2 6AJ
Post Town
Worcester
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG1 Herefordshire, Worcestershire and Warwickshire
Small Region (ITL 3)
TLG12 Worcestershire CC
Delivery Location
TLG West Midlands (England)

Local Authority
Worcester
Electoral Ward
St Clement
Westminster Constituency
Worcester

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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