Award

Research Grant Audit Services - AWARD

THE UNIVERSITY OF NOTTINGHAM

This public procurement record has 3 releases in its history.

AwardUpdate

31 Aug 2021 at 09:39

AwardUpdate

31 Aug 2021 at 09:36

Award

31 Aug 2021 at 09:28

Summary of the contracting process

The University of Nottingham has awarded a contract for Research Grant Audit Services, which involves appointing external auditors to conduct audits primarily for grants from Innovate UK and the European Union. The process is complete, with the contract starting on 1st September 2021 and lasting until 31st August 2026, including options for extensions. The estimated annual spend ranges from £85,000 to £130,000, with the awarded supplier being BDO LLP. The procurement method falls under the category of services and adhered to international assurance standards.

This procurement presents significant opportunities for professional service firms specialising in auditing and compliance, particularly those experienced with grants and public sector auditing. Businesses that excel in regulatory compliance and best practice advice will find themselves well-positioned to compete for similar contracts in the future. The contract's long duration and substantial financial scope make it an attractive prospect for firms looking to establish or expand their footprint in the public sector auditing landscape.

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Notice Title

Research Grant Audit Services - AWARD

Notice Description

Awarded. The University of Nottingham ("the University") wishes to appoint external auditors to provide research grant audit services principally awarded by Innovate UK and European Union, in accordance with funder terms and conditions and in accordance with the applicable international assurance standards. The successful firm will be required to undertake audits in accordance with relevant legislation and advise the University on compliance and best practice. 3 year contract with option to extend for a further 1 + 1 years. Est annual spend between PS85k - PS130k. Services to be called off as and when required.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e7a67000-66c9-42e4-b8dd-81e30ab28f82
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1e235a36-931b-417a-b730-a435b30437b8
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

79212000 - Auditing services

Notice Value(s)

Tender Value
£130,000 £100K-£500K
Lots Value
Not specified
Awards Value
£500,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
31 Aug 20214 years ago
Submission Deadline
16 Apr 2021Expired
Future Notice Date
Not specified
Award Date
17 Jun 20214 years ago
Contract Period
31 Aug 2021 - 31 Aug 2026 Over 5 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

BDO

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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