Award

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

Internal Audit Services

Durham University

This public procurement record has 2 releases in its history.

Award

06 Feb 2017 at 10:03

Award Notice
Tender

18 Nov 2016 at 20:16

Tender Notice
Summary of the contracting process

Durham University is seeking to establish a contract for internal audit services with an expected contract value of £315,000. The procurement process is currently in the Award stage, having been finalised on 28th November 2016. The contract is set to commence on 15th December 2016 and will run until 31st December 2019, with an option for two additional extensions based on performance. This procurement falls under the Auditing services category, and the procurement method used was an open procedure, which allows for wider participation.

This tender presents significant opportunities for businesses specialising in auditing services, particularly those that are small and medium-sized enterprises (SMEs) due to the suitability indicated in the procurement document. Firms that can offer comprehensive internal audit solutions, especially those experienced with co-sourced models and collaborative working with university staff, would be well-positioned to compete. Partnering with organisations like Durham University can facilitate growth and enhance the visibility of businesses in the public sector space.

How relevant is this notice?

Notice Information

Notice Title

Internal Audit Services

Notice Description

The University has established a contract with a professional services firm to provide internal audit services as part of a co-sourced model. The provider will work alongside the small team of University employed staff and be responsible to the Head of University Assurance (UAS).

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-fe226705-adc9-11e6-9901-0019b9f3037b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/81531aeb-9f5b-48ef-876a-5378d29c45cb
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
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
£315,000 £100K-£500K
Lots Value
Not specified
Awards Value
£305,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
6 Feb 20179 years ago
Submission Deadline
5 Sep 2016Expired
Future Notice Date
Not specified
Award Date
28 Nov 20169 years ago
Contract Period
15 Dec 2016 - 31 Dec 2019 3-4 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
Durham University
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
DURHAM
Postcode
DH1 3LE
Postcode Area
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
TLC North East (England)
Local Authority
County Durham
Electoral Ward
Neville's Cross
Westminster Constituency
City of Durham

Supplier Information

Number of Suppliers
1
Supplier Name

Ernst & Young LLP (EY)

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...