Award

(NU/1218) The Provision of External Audit Services

NEWCASTLE UNIVERSITY

This public procurement record has 1 release in its history.

Award

03 Mar 2017 at 11:46

Award Notice
Summary of the contracting process

The procurement process involved Newcastle University, which sought to appoint an external auditor for various statutory audit services, including those for UK subsidiaries and joint venture partnerships. The tender, titled "(NU/1218) The Provision of External Audit Services," was completed with a total contract value of £400,000. The procurement method was classified as 'Other,' and the contract duration spanned from 9 December 2016 to 31 July 2018. The primary location for the service delivery was in the North East region of the United Kingdom, with the tender period concluding on 31 October 2016.

This external audit opportunity can facilitate substantial growth potential for businesses specialising in accounting and auditing services. Small and medium enterprises (SMEs) with expertise in auditing, particularly those experienced in statutory audits and working with educational institutions, are well-positioned to compete for similar contracts in the future. Businesses with the capability to qualify for UK joint ventures and those who can navigate international audit requirements may find an advantage in bidding for such contracts, enhancing their market presence within the public sector.

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Notice Information

Notice Title

(NU/1218) The Provision of External Audit Services

Notice Description

The University wishes to appoint an external auditor. The requirements include, but are not necessarily limited to the following areas: Statutory audit of the University, including group consolidation of UK and overseas subsidiaries Statutory audit of UK subsidiaries Statutory audit of joint venture partnerships Pricing for subsidiaries in Singapore and Malaysia, the appointments for which are a matter for the relevant company board and AGM, subject to consent from the University Pricing for annual certification for European Investment Bank loan

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-bf765b53-30e1-4b19-96c4-c6cf8adcb1d1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8ea3b5b8-4fc4-40fc-a878-4010e7a4b8cd
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
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79200000 - Accounting, auditing and fiscal services

Notice Value(s)

Tender Value
£450,000 £100K-£500K
Lots Value
Not specified
Awards Value
£400,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Mar 20179 years ago
Submission Deadline
31 Oct 2016Expired
Future Notice Date
Not specified
Award Date
8 Dec 20169 years ago
Contract Period
9 Dec 2016 - 31 Jul 2018 1-2 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
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 8AF
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

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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