Award

The Provision of External Audit Services

UNIVERSITY OF LEICESTER

This public procurement record has 1 release in its history.

Award

21 May 2018 at 09:27

Summary of the contracting process

The University of Leicester has awarded a contract for the Provision of External Audit Services, with a total value of £442,000. The contract covers two services: auditing for the University and its subsidiaries, and for the University’s pension and assurance scheme. This procurement process, classified under auditing services, was conducted through an open procedure and is currently in the award stage, following the tender period that ended on 17th May 2018. The contract will commence on 22nd April 2019 and runs until 31st July 2023, located in the East Midlands region of the UK.

This tender presents an excellent opportunity for larger accountancy firms seeking to expand their portfolio in higher education audit services. Firms with extensive experience in audit and assurance, particularly those familiar with university finance and compliance regulations, would be well-suited to compete for future contracts of a similar nature. Engaging with such procurements can lead to significant business growth, enhancing reputations and facilitating long-term partnerships within the public sector.

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Notice Title

The Provision of External Audit Services

Notice Description

The University of Leicester is seeking to award two contracts for the provision of external audit services tocommence in April 2018: 1 - External Audit Services to the University of Leicester including its subsidiaries and subsidiary holdings 2 - External Audit Services to the University of Leicester pension and assurance scheme The contract term will be four years, with the option to extend for a further 12 months. The University wishes toappoint one firm for both services and the successful tenderer will be awarded both contracts. Tenderers will beexpected to submit a response for both services for the provision of both services.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a89d39ed-0cfa-4d64-b828-9466a5638211
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6db1d05b-2fe2-48e2-a6d0-65688b217150
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
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
£442,000 £100K-£500K
Lots Value
Not specified
Awards Value
£442,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
21 May 20187 years ago
Submission Deadline
17 May 2018Expired
Future Notice Date
Not specified
Award Date
16 May 20187 years ago
Contract Period
21 Apr 2019 - 31 Jul 2023 4-5 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
UNIVERSITY OF LEICESTER
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LEICESTER
Postcode
LE1 7RH
Post Town
Leicester
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF2 Leicestershire, Rutland and Northamptonshire
Small Region (ITL 3)
TLF21 Leicester
Delivery Location
TLF East Midlands (England)

Local Authority
Leicester
Electoral Ward
Castle
Westminster Constituency
Leicester South

Supplier Information

Number of Suppliers
1
Supplier Name

ERNST & YOUNG

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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