Award

Provision of External Audit Services - AWARD

THE UNIVERSITY OF WARWICK

This public procurement record has 1 release in its history.

Award

21 Jan 2019 at 13:43

Summary of the contracting process

The University of Warwick has completed the procurement process for the provision of External Audit Services, divided into two lots: Lot 1 for Statutory Audit and Certification of the University’s Annual Accounts, and Lot 2 for Audit and Certification of Grant Funding. The procurement was conducted using a selective methodology, and the contract is scheduled to begin on 1st February 2019 and will last until 31st January 2024. The financial scope of the contract ranges from £600,000 to £800,000, with the tender period concluding on 25th June 2018. The services are classified under the Accounting and Auditing Services category, specifically targeting suppliers with relevant higher education sector experience.

This tender presents significant opportunities for audit firms specialising in higher education, particularly those with established practices in statutory audits and grant funding certifications. Businesses that demonstrate expertise in providing such financial services within the higher education sector would be well-suited to compete. This is especially valuable for enterprises aiming to expand into the public sector, as the contract will enhance their portfolio and provide avenues for future engagements with educational institutions and similar organisations.

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Notice Title

Provision of External Audit Services - AWARD

Notice Description

The University of Warwick is seeking to tender for the provision of External Auditor services. The tender is separated into two lots: Lot 1 - Statutory Audit and Certification of the University's Annual Accounts inclusive of its subsidiary companies and other entities requiring audit. Lot 2 - Audit and Certification of Grant Funding as required. Potential Suppliers are invited to bid for one or both lots as appropriate to their capabilities and experience. Important Note: Suppliers applying for Lot 1 must have an established Higher Education (HE) practice with demonstrable experience and specific auditing expertise in the HE sector. Suppliers applying for Lot 2 must have demonstrable expertise and experience delivering audit services to HE Institutions within a grant funding environment. In order to express interest in this opportunity please go to the University of Warwick In-Tend supplier portal (https://in-tendhost.co.uk/universityofwarwick)

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a3f8eba9-93ae-4350-89eb-bec835f41c3c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5685d76c-ddf0-4738-bb1b-4fa2154bed26
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

79200000 - Accounting, auditing and fiscal services

79210000 - Accounting and auditing services

79212000 - Auditing services

Notice Value(s)

Tender Value
£800,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
21 Jan 20197 years ago
Submission Deadline
25 Jun 2018Expired
Future Notice Date
Not specified
Award Date
1 Dec 20187 years ago
Contract Period
1 Feb 2019 - 31 Jan 2024 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
THE UNIVERSITY OF WARWICK
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
WEST MIDLANDS
Postcode
CV4 8UW
Post Town
Coventry
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG33 Coventry
Delivery Location
TLG West Midlands (England)

Local Authority
Coventry
Electoral Ward
Wainbody
Westminster Constituency
Coventry South

Supplier Information

Number of Suppliers
2
Supplier Names

BDO

KPMG

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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