Tender

NCD342 - External Audit Services

NEW COLLEGE DURHAM

This public procurement record has 1 release in its history.

Tender

19 Sep 2024 at 10:38

Summary of the contracting process

New College Durham is seeking qualified external audit firms to conduct comprehensive audits as part of their External Audit Services tender, titled "NCD342 - External Audit Services". This opportunity falls under the Financial and Insurance Services category and pertains to proposals for auditing the college’s financial statements, internal controls, and overall financial health. The process is currently in the Tender stage with a deadline for submissions on 15 October 2024. The contract period is slated to start on 1 August 2025 and conclude on 31 July 2028. The procurement is being run as an open procedure below threshold, and the contract value is estimated at £171,000. The services will need to be provided across multiple regions, including the UK, Europe, and beyond.

This tender represents a significant opportunity for businesses specialising in financial auditing, particularly those experienced with educational institutions. Small and medium-sized enterprises (SMEs) are especially encouraged to apply, as the suitability criteria favour them. By securing this contract, an auditing firm can augment their portfolio with a prestigious client and demonstrate capability in handling extensive and diverse financial audits, thereby fostering substantial business growth. This tender is particularly well-suited for firms that have a strong background in compliance and financial regulation, especially within the educational sector.

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Notice Title

NCD342 - External Audit Services

Notice Description

New College Durham is going out to tender for the provision of External Audit Services. The college invites proposals from qualified external audit firms to conduct comprehensive audits of its financial statements, internal controls, compliance with relevant regulations, and overall financial health. Proactis Ref - DN743969

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ece68aa8-6337-4687-8649-b0ccb39acc24
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/75ac8074-e5b4-4fca-85e5-3ec4539c2677
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£171,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
19 Sep 20241 years ago
Submission Deadline
15 Oct 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Jul 2025 - 31 Jul 2028 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
NEW COLLEGE DURHAM
Contact Name
Andrew Dawson
Contact Email
andrew.dawson@newdur.ac.uk
Contact Phone
+44 19137544029

Buyer Location

Locality
DURHAM
Postcode
DH1 5ES
Post Town
Durham
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC41 Durham
Delivery Location
Not specified

Local Authority
County Durham
Electoral Ward
Framwellgate and Newton Hall
Westminster Constituency
City of Durham

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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