Award

23/022 - Grant Audit Services - AWARD

UNIVERSITY OF PORTSMOUTH E-TENDERING

This public procurement record has 1 release in its history.

Award

13 Aug 2024 at 13:35

Award Notice
Summary of the contracting process

The University of Portsmouth has completed the procurement process for the provision of audit services for research and innovation projects, primarily funded by Horizon Europe and Innovate UK. The contract, titled "23/022 - Grant Audit Services - AWARD," falls under the industry category of accounting, auditing, and fiscal services (CPV 79200000). The procurement aimed to hire a specialised auditor to conduct grant audits, provide management reports, and assist with audit-related queries. This open procurement process has now moved to the award stage, with CG LEE Limited being the chosen supplier. The contract period will span from 1 August 2024 to 31 July 2029, and services will be delivered to various regions including the United Kingdom and international territories.

This tender offers significant opportunities for businesses with specialist knowledge in grant auditing. Firms with extensive experience in financial auditing, statutory audit services, and compliance with project sponsors' terms will find this contract particularly beneficial. The extended contract period and the involvement of various prominent funding bodies will likely provide stable, long-term business growth. Companies that are registered as statutory auditors and have a solid track record in delivering high-quality audit services for research projects will be well-positioned to compete for similar contracts in the future.

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Notice Information

Notice Title

23/022 - Grant Audit Services - AWARD

Notice Description

The University of Portsmouth is looking for an Auditor with proven specialist knowledge that is required for the provision of Audit Services for Research and Innovation projects where such audits are required by the relevant sponsor. The service required includes the provision of an audit function as required by the terms of the project sponsor on a case by case basis. The majority of the function would be with respect to Horizon Europe and Innovate UK projects but will also include any other funders that require an audit function; provision of management reports in relation to the project; acting as a knowledge base for grant audit issues and assist with audit queries and clarifications from various parties not limited to sponsors, lead partners or other stakeholders. This will be contracted on a three year plus an additional two year basis. To Express an Interest in this project please register on the University of Portsmouth In-Tend webpage and express an interest in this project. Please find the weblink for our webpage below: https://in-tendhost.co.uk/port/ To note - Bidders must hold registered Audit Status as listed on the Register of Statutory Auditors.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b061c036-9f55-498c-ab78-a859b72ea123
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c8788f0e-269e-42fa-b053-d3de76f51be6
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
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79200000 - Accounting, auditing and fiscal services

79210000 - Accounting and auditing services

79212100 - Financial auditing services

79212300 - Statutory audit services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
13 Aug 20241 years ago
Submission Deadline
19 Feb 2024Expired
Future Notice Date
Not specified
Award Date
31 Jul 20241 years ago
Contract Period
31 Jul 2024 - 31 Jul 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
UNIVERSITY OF PORTSMOUTH E-TENDERING
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
HAMPSHIRE
Postcode
PO1 2UP
Post Town
Portsmouth
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ31 Portsmouth
Delivery Location
Not specified
Local Authority
Portsmouth
Electoral Ward
St Thomas
Westminster Constituency
Portsmouth South

Supplier Information

Number of Suppliers
1
Supplier Name

CG LEE

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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