Award

Internal Audit

UNIVERSITY OF SALFORD(THE)

This public procurement record has 2 releases in its history.

Award

10 Apr 2024 at 09:23

Award Notice
Tender

15 Jan 2024 at 14:18

Tender Notice
Summary of the contracting process

The University of Salford is seeking a service provider for an internal audit in accordance with Office for Students guidelines. The procurement is classified under internal audit services with a contract value of £500,000 GBP. The tender period ends on 19th February 2024, and the contract spans from 25th March 2024 to 24th March 2027. The University of Salford has awarded the contract to PWC with a value of £388,500 GBP, starting on 1st August 2024 and ending on 31st July 2027.

This tender for internal audit services by the University of Salford presents a lucrative opportunity for service providers in the audit industry. Businesses specialising in internal audit services, especially those with experience in higher education audits, are well-suited to compete for this contract. The contract duration of up to 5 years offers a stable revenue stream for the successful bidder, aligning with the University's commitment to ensuring compliance with audit standards and best practices.

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Notice Information

Notice Title

Internal Audit

Notice Description

The Council of the University of Salford require a Service Provider to provide an internal audit service in accordance with Office for Students (OfS) guidelines. The appointment will be made with reference to the model terms of reference contained in the Committee of University Chairs' Higher Education Audit Committee Code of Practice ( May 2020) Documents and correspondence are only obtained by registering at https://in-tendhost.co.uk/salford/aspx/Home The length of the contract is for an initial 3 years with the option of a 2 year extension

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-bcbff464-3ac7-4ae0-b19e-5876035e7aac
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cf330315-1f2c-46c2-9a9e-3a585db26eed
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79212200 - Internal audit services

Notice Value(s)

Tender Value
£500,000 £500K-£1M
Lots Value
Not specified
Awards Value
£388,500 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
10 Apr 20241 years ago
Submission Deadline
19 Feb 2024Expired
Future Notice Date
Not specified
Award Date
15 Mar 20241 years ago
Contract Period
31 Jul 2024 - 31 Jul 2027 2-3 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 SALFORD(THE)
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SALFORD
Postcode
M5 4WT
Post Town
Manchester
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD34 Greater Manchester South West
Delivery Location
Not specified
Local Authority
Salford
Electoral Ward
Ordsall
Westminster Constituency
Salford

Supplier Information

Number of Suppliers
1
Supplier Name

PWC

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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