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Internal Audit Services

Cardiff Metropolitan University

This public procurement record has 1 release in its history.

Award

18 Aug 2021 at 08:54

Award Notice
Summary of the contracting process

The procurement process entails Cardiff Metropolitan University, a public educational institution located in Cardiff, UK, awarding a contract for Internal Audit Services. This tender, part of the restricted procedure under the NWUPC Financial Services Framework Agreement, has reached the award stage, with the contract value set at £295,000. The award date was on 14th July 2021, indicating a completed process. The relevant industry category for this procurement falls under services, specifically internal audit services as defined by the CPV code 79212200.

This opportunity presents significant potential for growth, particularly for businesses specialising in internal audit and financial consulting services. Companies that possess expertise in providing high-quality audit services and can meet the stringent quality criteria outlined in the tender—emphasising a 65% weight on quality—would be well-positioned to compete. Additionally, small and medium-sized enterprises (SMEs) may find this a profitable prospect given that a majority of the bids were submitted by SMEs during the bidding phase.

How relevant is this notice?

Notice Information

Notice Title

Internal Audit Services

Notice Description

The award of a call off contract that relates to the NWUPC Financial Services Framework Agreement, with reference number OJEU 2019/S 074-175568.

Lot Information

Lot 1

The provision of Internal Audit Services to Cardiff Metropolitan University.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02d634
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/020165-2021
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79212200 - Internal audit services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£295,000 £100K-£500K

Notice Dates

Publication Date
18 Aug 20215 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
14 Jul 20215 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Cardiff Metropolitan 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
CARDIFF
Postcode
CF5 2YB
Postcode Area
Cardiff
Country
Wales
Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL52 Cardiff and Vale of Glamorgan
Delivery Location
TLL22 Cardiff and Vale of Glamorgan
Local Authority
Cardiff
Electoral Ward
Llandaff
Westminster Constituency
Cardiff West

Supplier Information

Number of Suppliers
1
Supplier Name

TIAA LTD

Further Information

Open Contracting Data Standard (OCDS)

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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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