Award

NU/1446 Phase 2: Framework 7 and Horizon 2020 Project Certification Auditors

NEWCASTLE UNIVERSITY

This public procurement record has 1 release in its history.

Award

27 Mar 2019 at 09:20

Summary of the contracting process

The procurement process concerns Newcastle University, which is seeking external auditors to provide financial certification services for projects funded by the EU Framework Programme and Horizon 2020. The tender, titled "NU/1446 Phase 2: Framework 7 and Horizon 2020 Project Certification Auditors," is classified under auditing services and has a total estimated value of £130,000. The contract is set to begin on 1 April 2019 and will run until 31 March 2024. The tender period ended on 25 January 2019, with the award published on 27 March 2019.

This tender presents significant opportunities for businesses, particularly those specialising in auditing and financial certification services. Companies with expertise in EU funding regulations and experience in handling large-scale audit processes would be particularly well-suited to compete. With the ongoing projects under the Horizon 2020 programme, there is potential for future contracts and partnerships, making this an attractive opportunity for larger firms in the financial services sector.

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Notice Title

NU/1446 Phase 2: Framework 7 and Horizon 2020 Project Certification Auditors

Notice Description

The 7th EU Framework programme for Research, Technological Development and demonstration activities (FP7) is the European Union's main instrument for funding collaborative research in Europe, with awards being made during the period 1 January 2007 to 31 December 2013. The overall budget for FP7 is EUR50.52 billion, which has been earmarked to support four key programmes. Horizon 2020 is the biggest EU Research and Innovation programme ever with nearly EUR80 billion of funding available over 7 years (2014 to 2020) - in addition to the private investment that this money will attract. It promises more breakthroughs, discoveries and world-firsts by taking great ideas from the lab to the market. The first calls for proposals for Horizon 2020 were published on 11 December 2013. The University of Newcastle upon Tyne (the University) has been very successful in securing FP7 and H2020 funds. The first FP7 award to the University started in December 2007. As of December 2018 we have been awarded over 230 FP7 projects which involve the University as either a partner or coordinator with 4 projects still potentially requiring an audit. Under Horizon 2020 programme, we currently have been awarded over 160 projects, with 40 projects potentially requiring an audit. The number of H2020 projects/audits are l to increase with further projects still to be awarded. Each beneficiary must provide, amongst other things, a financial statement (Form C) together with a certificate on financial statements by an independent auditor certifying the overall total costs incurred. The University is now seeking to engage with external auditors to provide FP7 audit certification services for the remaining duration of FP7 projects which may extend beyond 31 December 2020 and for new projects awarded under Horizon 2020 programme.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b0e20344-222b-4917-b39f-77074e0639e4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1377fada-0a02-46fc-9493-6c891ff8a162
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
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
£130,000 £100K-£500K
Lots Value
Not specified
Awards Value
£141,100 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Mar 20196 years ago
Submission Deadline
25 Jan 2019Expired
Future Notice Date
Not specified
Award Date
15 Mar 20196 years ago
Contract Period
31 Mar 2019 - 31 Mar 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
NEWCASTLE UNIVERSITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NEWCASTLE UPON TYNE
Postcode
NE1 7RU
Post Town
Newcastle upon Tyne
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
TLC North East (England)

Local Authority
Newcastle upon Tyne
Electoral Ward
Monument
Westminster Constituency
Newcastle upon Tyne Central and West

Supplier Information

Number of Suppliers
1
Supplier Name

KPMG

Further Information

Notice Documents

Notice URLs

Open Contracting Data Standard (OCDS)

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