Award

RHUL-23003 Delivery of External (Financial) Auditing Services

ROYAL HOLLOWAY AND BEDFORD NEW COLLEGE, KNOWN AS ROYAL HOLLOWAY, UNIVERSITY OF LONDON

This public procurement record has 1 release in its history.

Award

31 Aug 2023 at 14:35

Summary of the contracting process

The Royal Holloway and Bedford New College, known as Royal Holloway, University of London, has awarded a contract for the Delivery of External Audit Services to KPMG LLP. The contract, titled "RHUL-23003 Delivery of External (Financial) Auditing Services," has an estimated total value of £1,534,500 ex VAT over a duration of 9 years. The procurement method used was an Open procedure. The tender period ended on 6th July 2023, with the contract period starting on 7th August 2023 and ending on 31st July 2032. The services fall under the main procurement category of services and the delivery address is in the South East region of the United Kingdom.

This tender for the Delivery of External Audit Services by Royal Holloway University presents an opportunity for businesses, particularly those providing financial auditing services, to engage with a high-scale contracting authority. With a contract duration of 9 years and a total value exceeding £1.5 million, this tender is suited for both large and small-to-medium-sized enterprises (SMEs). Interested businesses should consider their capability to meet the requirements of long-term service provision and their readiness to compete in an open procurement process. The location of the delivery address in the South East region provides a specific geographic focus for potential suppliers.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

RHUL-23003 Delivery of External (Financial) Auditing Services

Notice Description

AWARDED to KPMG LLP, a contract for the Delivery of External Audit Services. Duration: 7 years plus 1 plus 1 optional 1 year extensions. Estimated total value of agreement over nine years (maximum term) = PS1,534,500 ex VAT.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f0df051e-b47a-4777-8d76-c5deb5fe396b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e58cb014-aada-44f7-82f7-c418eee6c882
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
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

79212100 - Financial auditing services

Notice Value(s)

Tender Value
£1,534,500 £1M-£10M
Lots Value
Not specified
Awards Value
£1,534,500 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
31 Aug 20232 years ago
Submission Deadline
5 Jul 2023Expired
Future Notice Date
Not specified
Award Date
5 Jul 20232 years ago
Contract Period
6 Aug 2023 - 31 Jul 2032 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
ROYAL HOLLOWAY AND BEDFORD NEW COLLEGE, KNOWN AS ROYAL HOLLOWAY, UNIVERSITY OF LONDON
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
EGHAM
Postcode
TW20 0EX
Post Town
Twickenham
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ25 West Surrey
Delivery Location
TLJ South East (England)

Local Authority
Runnymede
Electoral Ward
Englefield Green East
Westminster Constituency
Windsor

Supplier Information

Number of Suppliers
1
Supplier Name

KPMG

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-f0df051e-b47a-4777-8d76-c5deb5fe396b-2023-08-31T15:35:06+01:00",
    "date": "2023-08-31T15:35:06+01:00",
    "ocid": "ocds-b5fd17-f0df051e-b47a-4777-8d76-c5deb5fe396b",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "BIP806121523",
        "title": "RHUL-23003 Delivery of External (Financial) Auditing Services",
        "description": "AWARDED to KPMG LLP, a contract for the Delivery of External Audit Services. Duration: 7 years plus 1 plus 1 optional 1 year extensions. Estimated total value of agreement over nine years (maximum term) = PS1,534,500 ex VAT.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "79212100",
            "description": "Financial auditing services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "South East",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 1534500,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "tenderPeriod": {
            "endDate": "2023-07-06T00:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2023-08-07T00:00:00+01:00",
            "endDate": "2032-07-31T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": true
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-121975",
            "name": "Royal Holloway and Bedford New College, known as Royal Holloway, University of London",
            "identifier": {
                "legalName": "Royal Holloway and Bedford New College, known as Royal Holloway, University of London"
            },
            "address": {
                "streetAddress": "Egham Hill",
                "locality": "Egham",
                "postalCode": "TW20 0EX",
                "countryName": "UK"
            },
            "contactPoint": {
                "email": "procurement@rhul.ac.uk",
                "telephone": "+441784414181"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-238121",
            "name": "KPMG LLP",
            "identifier": {
                "legalName": "KPMG LLP"
            },
            "address": {
                "streetAddress": "15 Canada Square Canary Wharf London E14 5GL"
            },
            "details": {
                "scale": "large"
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-121975",
        "name": "Royal Holloway and Bedford New College, known as Royal Holloway, University of London"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-f0df051e-b47a-4777-8d76-c5deb5fe396b-1",
            "status": "active",
            "date": "2023-07-06T00:00:00+01:00",
            "datePublished": "2023-08-31T15:35:06+01:00",
            "value": {
                "amount": 1534500,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-238121",
                    "name": "KPMG LLP"
                }
            ],
            "contractPeriod": {
                "startDate": "2023-08-07T00:00:00+01:00",
                "endDate": "2032-07-31T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/e58cb014-aada-44f7-82f7-c418eee6c882",
                    "datePublished": "2023-08-31T15:35:06+01:00",
                    "format": "text/html",
                    "language": "en"
                },
                {
                    "id": "2",
                    "documentType": "tenderNotice",
                    "description": "Please follow this link to view the notice.",
                    "url": "https://www.delta-esourcing.com/delta/respondToList.html?noticeId=806121523"
                }
            ]
        }
    ]
}