Award

Internal Audit Services - AWARD

THE UNIVERSITY OF NOTTINGHAM

This public procurement record has 4 releases in its history.

AwardUpdate

12 Feb 2021 at 12:02

AwardUpdate

08 Feb 2021 at 18:07

AwardUpdate

08 Feb 2021 at 18:05

Award

08 Feb 2021 at 18:03

Summary of the contracting process

The University of Nottingham is seeking external support for its internal audit services, as it looks to supplement its in-house capabilities. The tender, titled "Internal Audit Services - AWARD," classified under internal audit services (CPV code 79212200), is in the Award stage and is part of a longer-term contract that began on 8th March 2021 and will run until 7th March 2024. The procurement, which has a total contract value of £720,000, includes provisions for specialist services and general audit support, and the deadline for submissions was 27th November 2020. The services will be delivered at the University’s premises located in Nottinghamshire, East Midlands, UK.

This procurement opportunity presents a significant potential for growth, particularly for large advisory firms with expertise in internal audit, IT audit, or fraud investigations. Businesses that have the capacity to provide both specialist and general audit services will be well-positioned to compete for this contract. Firms engaged in public sector consultancy or financial advisory services could find this tender particularly relevant for expanding their portfolio within the educational sector.

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Notice Title

Internal Audit Services - AWARD

Notice Description

The UoN has an in-house Internal Audit Service. We are seeking to supplement this service with support from an external provider to deliver: - Specialist services such as IT audit or fraud investigations - General internal audit services to supplement the capacity of the internal team when needed, for example during sickness or staff turnover. Please see tender documentation for further information.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-da985230-6b00-4ecb-ae0a-19a9db2ad7c3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e531670c-6eb9-4870-9095-b3ba3832caf9
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

79212200 - Internal audit services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£360,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
12 Feb 20215 years ago
Submission Deadline
27 Nov 2020Expired
Future Notice Date
Not specified
Award Date
8 Jan 20215 years ago
Contract Period
8 Mar 2021 - 7 Mar 2024 3-4 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
THE UNIVERSITY OF NOTTINGHAM
Contact Name
Elizabeth Wheable
Contact Email
elizabeth.wheable@nottingham.ac.uk
Contact Phone
01157487475

Buyer Location

Locality
NOTTINGHAMSHIRE
Postcode
NG7 2RN
Post Town
Nottingham
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF14 Nottingham
Delivery Location
TLF East Midlands (England)

Local Authority
Nottingham
Electoral Ward
Radford
Westminster Constituency
Nottingham South

Supplier Information

Number of Suppliers
1
Supplier Name

KPMG IGH

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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