Tender

The Courtauld - The Provision Of External Auditors

LONDON UNIVERSITIES PURCHASING CONSORTIUM

This public procurement record has 1 release in its history.

Tender

28 Nov 2023 at 11:07

Tender Notice
Summary of the contracting process

The London Universities Purchasing Consortium is seeking to appoint an external auditor for The Courtauld University. This tender is for financial auditing services, with a contract value of £600,000. The tender deadline is 9th January 2024, and the contract period is from 12th February 2024 to 12th February 2028. The procurement method is an open procedure, and the delivery address is in London, United Kingdom, making it suitable for businesses in the services sector.

This opportunity to provide external audit services for The Courtauld University is open to qualified service providers with experience in financial auditing, particularly in the Higher Education sector. Businesses offering financial auditing, internal audit services, and statutory audit services would be well-suited to compete for this tender. The selected provider must be a registered statutory auditor eligible for appointment within the requirements of the OfS and have relevant experience working with clients in the Higher Education sector, creating growth opportunities for specialised auditing firms.

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Notice Information

Notice Title

The Courtauld - The Provision Of External Auditors

Notice Description

The Courtauld seeks to appoint an external auditor for the University, whose work will report to the Governing Board via the Audit and Risk Committee and assist management in independently auditing the financial statements of the University. The auditor will be expected to provide a management report to the Audit and Risk Committee in accordance with auditing standards which will be shared with the OfS each year. The purpose of this Invitation to Tender is to select a service provider which represents the best value for money in terms of price and quality of service to meet the external audit requirement of the University and its subsidiaries. The service provider must confirm in their tender response that they: * are a registered statutory auditor and are eligible for appointment as external auditor within the requirements of the OfS. * are an accredited/registered provider who, if required at a future date for the US loans engagement, can prepare a report that is consistent with the US assurance standards. * have in place appropriate training and development programmes to sufficiently support staff development in these areas to that ensure that compliance is maintained and high-quality work can be carried out. * have relevant experience of working with clients in the Higher Education (HE) sector.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9bdbf5b3-0037-4b41-8084-1e0166762061
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/464eee44-575b-424a-8f68-a508de8bf393
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

79212100 - Financial auditing services

79212200 - Internal audit services

79212300 - Statutory audit services

79212500 - Accounting review services

Notice Value(s)

Tender Value
£600,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
28 Nov 20232 years ago
Submission Deadline
9 Jan 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
12 Feb 2024 - 12 Feb 2028 4-5 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
LONDON UNIVERSITIES PURCHASING CONSORTIUM
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
W1T 7NZ
Post Town
West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI36 Camden
Delivery Location
TLI London
Local Authority
Camden
Electoral Ward
Bloomsbury
Westminster Constituency
Holborn and St Pancras

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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