Award

Provision of External Audit Services

THE QUALITY ASSURANCE AGENCY FOR HIGHER EDUCATION

This public procurement record has 3 releases in its history.

Award

28 Jan 2022 at 10:59

Award Notice
TenderAmendment

28 Jan 2022 at 10:57

Tender Notice
Tender

01 Apr 2021 at 14:39

Tender Notice
Summary of the contracting process

The Quality Assurance Agency for Higher Education (QAA) is conducting a procurement process for the "Provision of External Audit Services." This tender is classified under financial auditing services and is located in Gloucester, England. The procurement is currently in the award stage, having concluded its tender period on 20 April 2021. The contract is set to commence on 24 January 2022 and will run for four years, ending on 23 January 2026. The total value of the contract is estimated at £100,000, with a minimum value of £78,000.

This procurement offers significant opportunities for growth, particularly for small and medium-sized enterprises (SMEs) specialising in financial auditing. Businesses that have the capability to deliver comprehensive auditing services, including reviewing financial statements and establishing internal control systems, would be well-positioned to compete. Given the established reputation of the QAA in UK higher education, successful bidders may also benefit from enhanced visibility and credibility in the education sector as a result of their partnership.

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Notice Information

Notice Title

Provision of External Audit Services

Notice Description

QAA is looking to appoint a suitable organisation to act as its external auditor for an initial period of 4 years. This will include reviewing QAA's financial statements to give a true and fair view of the state of its affairs and of its income and expenditure, balance sheet and cash flow for the year, and to carry out whatever examination of the statements and underlying records and control systems is necessary to reach an opinion on the statements. QAA is the independent body entrusted with monitoring and advising on standards and quality in UK higher education. QAA is a company limited by guarantee and has charitable status. We work across all four nations of the UK and are dedicated to checking that the three million students working towards a UK qualification get the higher education experiences they are entitled to expect. This procurement will be managed electronically by QAA's Facilities Team. The closing date for tenders is 20 April 2021 at 5pm. To participate in this procurement, please email facilities@qaa.ac.uk. We will invite shortlisted firms to carry out presentations to QAA's Audit & Risk Committee. These will take place on 5 May 2021. Please note that only the top bidders will be invited to present. If you have any enquiries about this tender, please email Caroline Blackburn, Finance Director: c.blackburn@qaa.ac.uk

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c0601358-2bc0-465d-9719-9b8bbf62bec3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ab843c77-65c8-487f-a601-3e1a7d2707a6
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Open
Procurement Method Details
Open procedure (below 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

79212100 - Financial auditing services

Notice Value(s)

Tender Value
£100,000 £100K-£500K
Lots Value
Not specified
Awards Value
£80,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
28 Jan 20224 years ago
Submission Deadline
20 Apr 2021Expired
Future Notice Date
Not specified
Award Date
15 Dec 20214 years ago
Contract Period
24 Jan 2022 - 23 Jan 2026 4-5 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
THE QUALITY ASSURANCE AGENCY FOR HIGHER EDUCATION
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GLOUCESTER
Postcode
GL1 1UB
Post Town
Gloucester
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK73 Gloucestershire CC
Delivery Location
Not specified
Local Authority
Gloucester
Electoral Ward
Westgate
Westminster Constituency
Gloucester

Supplier Information

Number of Suppliers
1
Supplier Name

CROWE

Further Information

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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