Award

Grant Audit Services

UNIVERSITY OF SOUTHAMPTON

This public procurement record has 1 release in its history.

Award

07 Jun 2024 at 07:39

Award Notice
Summary of the contracting process

The University of Southampton has awarded a contract for Grant Audit Services to Mazars LLP. The procurement process was initiated through a tender with the procurement method being selective. The contract value is £288,000 GBP, and the contract period is set to run from June 1, 2024, to May 31, 2028. The tender was for auditing services in the South East region of the United Kingdom, primarily focusing on financial reviews and certification of research grant claims submitted to external funders.

This opportunity for Grant Audit Services from the University of Southampton is suitable for businesses providing auditing services, especially those with experience in financial reviews and dealing with research grants. The University emphasises the need for auditors that can offer flexibility to accommodate potential fluctuations in the volume of audits. Small and medium-sized enterprises (SMEs) are well-suited for this tender, as indicated by the procurement suitability criteria. Businesses interested in this contract should ensure they meet the requirements stated in the tender documents and be prepared to deliver consistent service levels to meet the University's needs.

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Notice Information

Notice Title

Grant Audit Services

Notice Description

The University requires auditors to provide an experienced audit team to conduct financial reviews and certification of its research grant claims submitted to external funders (primarily EU Framework Programmes and Innovate UK grants). The average number of these audits required per annum is approximately 40-50 in total for all funders, but will vary between financial years. It is not expected for the number of audits to exceed 60 in a financial year. Whilst there has been a consistent volume of funding it recent years, there is every chance that this could increase or decrease. As such we require a Grant Auditor that can provide flexibility to ensure consistent levels of service.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f57fdd7b-c36a-4442-9e63-75bfa2c1b9c3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/17c58a7b-61e7-4903-b24c-8258395459b0
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
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
£288,000 £100K-£500K
Lots Value
Not specified
Awards Value
£288,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
7 Jun 20241 years ago
Submission Deadline
10 Apr 2024Expired
Future Notice Date
Not specified
Award Date
3 Jun 20241 years ago
Contract Period
31 May 2024 - 31 May 2028 4-5 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
UNIVERSITY OF SOUTHAMPTON
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SOUTHAMPTON
Postcode
SO17 1BJ
Post Town
Southampton
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ32 Southampton
Delivery Location
TLJ South East (England)
Local Authority
Southampton
Electoral Ward
Portswood
Westminster Constituency
Southampton Test

Supplier Information

Number of Suppliers
1
Supplier Name

MAZARS

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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