Award

External Audit Services

SHEFFIELD HALLAM UNIVERSITY

This public procurement record has 2 releases in its history.

Award

16 Nov 2022 at 17:54

Award Notice
Tender

02 Sep 2021 at 17:21

Tender Notice
Summary of the contracting process

The Sheffield Hallam University has awarded a contract for External Audit Services worth 626,500 GBP to GRANT THORNTON LIMITED. The contract period is from May 2, 2022, to May 1, 2029. The tender had a value of 700,000 GBP and was classified under auditing services. The tender was open and followed an Open procedure (above threshold). The tender period ended on October 4, 2021. The procurement aimed to provide external audit services with due professional care according to auditing standards.

This contract award for External Audit Services by Sheffield Hallam University represents an opportunity for auditing firms looking to grow their business in the higher education sector. Businesses specializing in auditing services, particularly those with experience in auditing standards and practices, could compete for similar tenders. The contract offers a substantial value and a long contract period, providing stability and potential growth for the selected supplier, GRANT THORNTON LIMITED. This signifies ongoing opportunities within the sector for auditors meeting the eligibility criteria.

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Notice Information

Notice Title

External Audit Services

Notice Description

The University wishes to appoint auditors to provide External Audit Services. The firm appointed must meet the eligibility criteria for external auditors of higher education corporations as set out in paragraph 59(b) of Schedule 8 of the Further and Higher Education Act 1992. The external audit services will be required to be performed with due professional care in accordance with appropriate professional auditing practice, including International Standards on Auditing (UK) and Generally Accepted Auditing Standards. Knowledge guide to UK auditing standards | Auditing | Library | ICAEW . The external auditors appointed must be independent of the University group and comply with the ethical requirements relevant to the audit of financial statements in the UK, including the Financial Reporting Council's Ethical Standards on Auditing. Additional information: Please find all information related to the tender at: https://in-tendhost.co.uk/sheffieldhallamuniversity/aspx/Home All communication should be made through this portal

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e1c450c9-6423-4bd7-b40e-3fbe6b82a7ec
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/96cfe476-be7d-4036-aaa9-5f925bc6ef2f
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, VCSE
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
£700,000 £500K-£1M
Lots Value
Not specified
Awards Value
£626,500 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
16 Nov 20223 years ago
Submission Deadline
4 Oct 2021Expired
Future Notice Date
Not specified
Award Date
16 Nov 20214 years ago
Contract Period
1 May 2022 - 1 May 2029 Over 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
SHEFFIELD HALLAM UNIVERSITY
Contact Name
Procurement Team
Contact Email
strategicprocurement@shu.ac.uk
Contact Phone
01142253431

Buyer Location

Locality
SHEFFIELD
Postcode
S1 1WB
Post Town
Sheffield
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE32 Sheffield
Delivery Location
Not specified
Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

GRANT THORNTON

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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