Award

UKRI Research Grants Audit Review

NATIONAL INSTITUTE FOR HEALTH AND CARE EXCELLENCE

This public procurement record has 1 release in its history.

Award

04 Oct 2024 at 15:13

Award Notice
Summary of the contracting process

The UK Research and Innovation (UKRI) awarded a contract to Forvis Mazars LLP for the provision of Independent Accountant's Reports (IAR) to the National Institute for Health and Care Excellence (NICE). This contract aims to ensure that all costs associated with grants awarded to NICE are properly certified to remain eligible for grant fund claiming. The contract, valued at £45,000, spans from 23rd September 2024 to 22nd September 2029, covering auditing services within the health research industry. The procurement process was selective and involved a call-off from a framework agreement. The procurement stage is now complete, and the award was published on 4th October 2024. The key location for this contract is the United Kingdom.

This tender presents substantial business growth opportunities, particularly for firms that specialise in financial auditing and accounting services. SMEs are encouraged to participate, given the project's scope and the specialised nature of the required services. Companies providing high-quality auditing services can leverage this contract to showcase their expertise in public sector contracts, potentially leading to further opportunities in similar fields. By ensuring compliance with funding regulations, businesses can build a strong reputation within the public sector, positioning themselves as trusted partners for future government and health research projects.

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Notice Information

Notice Title

UKRI Research Grants Audit Review

Notice Description

The work is to provide an Independent Accountant's Report (IAR) to UKRI at the intervals to enable NICE to correctly claim the grant funding it receives for health research projects. All costs must be supported by an IAR and any uncertified costs will be ineligible for grant claiming. The reports are required by the UKRI depending upon the value of the grant as per this table: . Value of grant Independent Accountant Report Frequency Up to PS100,000.00 None PS100,000.01 to PS500,000.00 Last claim only PS500,000.01 to PS2,000,000.00 Q4 and final claim PS2,000,000.01 and above Every Q4 and final claim NICE currently has 9 grants which are to be covered by this contract and has been awarded them in a 2-year period, we therefore estimate the work as being 4-6 grants per year over the 5-year duration of the contract we wish to award. The successful supplier would provide the IAR for all eligible grants awarded to NICE over the contract duration. Application via RM6188 - Lot 4 Other independent assurance

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8b710077-6872-45e4-9f7b-f92418be9d6d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/96d48ed9-4e41-4f54-bed9-87a32d9c410f
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
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
£45,000 Under £100K
Lots Value
Not specified
Awards Value
£45,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
4 Oct 20241 years ago
Submission Deadline
25 Jul 2024Expired
Future Notice Date
Not specified
Award Date
26 Sep 20241 years ago
Contract Period
22 Sep 2024 - 22 Sep 2029 Over 5 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
NATIONAL INSTITUTE FOR HEALTH AND CARE EXCELLENCE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1A 2BU
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

FORVIS MAZARS

Further Information

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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