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 & External Audit Services

UNIVERSITY OF DERBY

This public procurement record has 3 releases in its history.

Award

05 Apr 2022 at 15:03

Award Notice
Tender

27 Jul 2021 at 18:14

Tender Notice
TenderUpdate

12 Apr 2021 at 11:40

Tender Notice
Summary of the contracting process

The University of Derby is currently engaged in a procurement process for Internal and External Audit Services, categorised under the auditing services industry. The process is at the award stage, having completed the tender phase, with the internal audit services commencing on 1st August 2021, while external audit services are slated to start on 1st August 2022. The procurement was initiated under a selective method, allowing qualified suppliers to tender for either or both lots. Key dates include the award of contracts on 23rd July 2021, and the maximum duration for these appointments is three years with a potential one-year extension at the University's discretion.

This tender presents significant opportunities for audit firms looking to expand their portfolios, particularly those specialising in internal and external auditing services. Businesses that meet the criteria for government and public sector contracts, equipped with experience in both internal audit standards and external compliance requirements, would be well-suited to compete. Additionally, firms capable of providing ad hoc services alongside the main contract may find especially appealing prospects in this contract, as the University has indicated a willingness to adapt requirements over time.

How relevant is this notice?

Notice Information

Notice Title

Internal & External Audit Services

Notice Description

Award of both Internal and External Audit Services. Internal Audit commenced 1st August 2021 and External Audit 1st August 2022.

Lot Information

Internal Audit

Internal Audit Services

Options: By one year on satisfactory performance

External Audit

Provision of External Audit Services. Additional information: This Lot commences on the 1st August 2022

Options: By one year

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-029ec6
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/009133-2022
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
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

79212100 - Financial auditing services

79212200 - Internal audit services

Notice Value(s)

Tender Value
£1,900,000 £1M-£10M
Lots Value
£1,864,000 £1M-£10M
Awards Value
Not specified
Contracts Value
£884,653 £500K-£1M

Notice Dates

Publication Date
5 Apr 20224 years ago
Submission Deadline
19 Apr 2021Expired
Future Notice Date
Not specified
Award Date
23 Jul 20215 years ago
Contract Period
Not specified - Not specified
Recurrence
42 months from award so March 2025

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF DERBY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
DERBY
Postcode
DE22 1GB
Postcode Area
Derby
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF11 Derby
Delivery Location
TLF East Midlands (England)
Local Authority
Derby
Electoral Ward
Allestree
Westminster Constituency
Mid Derbyshire

Supplier Information

Number of Suppliers
2
Supplier Names

BDO LLP

RSM Risk Assurance Services LLP

Further Information

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...