Award

External Audit Services

NEW COLLEGE DURHAM

This public procurement record has 2 releases in its history.

Award

16 Apr 2025 at 10:22

Award Notice
Tender

19 Sep 2024 at 10:09

Tender Notice
Summary of the contracting process

New College Durham has released a tender for the provision of External Audit Services, classified under the Financial and insurance services industry category. The college, located in Durham, England (postcode DH1 5ES), is seeking qualified external audit firms to conduct thorough audits of its financial statements, internal controls, regulatory compliance, and overall financial health for the periods 2024-25, 2025-26, and 2026-27. The tender process employs an open procedure for contracts below the threshold, with the contract valued at £171,000 and the tender stage ending on 15 October 2024. The contract period starts on 1 August 2025 and concludes on 31 July 2028.

This tender offers significant opportunities for small and medium enterprises (SMEs) looking to expand their business by providing critical audit services to an educational institution. Firms specialising in financial audits, particularly those with a strong track record in compliance and financial health analysis, would be well-positioned to compete for this contract. As a recognised buyer, New College Durham’s contract provides a stable and reputable engagement for businesses looking to diversify their clientele in the educational sector.

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Notice Information

Notice Title

External Audit Services

Notice Description

This contract is for the provision of External Audit Services at New College Durham. The College invited proposals from qualified external audit firms to conduct comprehensive audits of its financial statements, internal controls, compliance with relevant regulations and overall financial health. The audits for this contract will cover the 2024-25, 2025-26 and 2026-27 periods.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-871c3105-431c-4b3a-b765-a389d602c26d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c91e07ac-dd62-477c-bab7-71fa98adf402
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£157,625 £100K-£500K
Lots Value
Not specified
Awards Value
£157,625 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Apr 202510 months ago
Submission Deadline
29 Oct 2024Expired
Future Notice Date
Not specified
Award Date
14 Apr 202510 months ago
Contract Period
31 Jul 2025 - 31 Jul 2028 3-4 years
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
NEW COLLEGE DURHAM
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
DURHAM
Postcode
DH1 5ES
Post Town
Durham
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC41 Durham
Delivery Location
Not specified
Local Authority
County Durham
Electoral Ward
Framwellgate and Newton Hall
Westminster Constituency
City of Durham

Supplier Information

Number of Suppliers
1
Supplier Name

AZETS HOLDINGS

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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