Award

External Audit Services CU.698.RH

CARDIFF UNIVERSITY

This public procurement record has 2 releases in its history.

Award

06 Sep 2022 at 09:12

Tender

03 Sep 2021 at 12:45

Summary of the contracting process

Cardiff University has completed an Open Procedure tender process to procure External Audit Services. The successful bidder, KPMG LLP, will start auditing the University for the financial year ending on 31 July 2022. The total contract value is GBP 1,412,600. The procurement aimed to find an auditor with high integrity and reputation, without specific sector experience requirements. The tender was labelled as 'cancelled', and the procurement method used was the Open procedure under the Public Contracts Regulations 2015.

This tender by Cardiff University offers opportunities for business growth in the auditing services sector. Businesses providing high-quality external audit services and with a strong reputation for integrity are well-suited to compete for this contract. The contract value of over GBP 1.4 million and the prestigious nature of auditing services for a reputable institution like Cardiff University make this tender attractive for established audit firms looking to expand their portfolio.

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Notice Title

External Audit Services CU.698.RH

Notice Description

Cardiff University (the "University") is undertaking a competitive tender process under the Open Procedure, in accordance with the Public Contracts Regulations 2015 (the "Regulations"). The University will be running this process as an Open Procedure advertised both on Find a Tender and Sell2Wales. The aim of this procurement process is to invite bids for the provision of External Audit Services. As a summary, this includes: The successful bidder will commence auditing the University for the financial year ending 31 July 2022. We require a high quality external audit delivered in an efficient manner by an auditor with high integrity and reputation. Please note, the successful bidder does not need to have experience in the higher education (HE) sector.

Lot Information

Lot 1

Cardiff University (the "University") is undertaking a competitive tender process under the Open Procedure, in accordance with the Public Contracts Regulations 2015 (the "Regulations"). The University will be running this process as an Open Procedure advertised both on Find a Tender and Sell2Wales. The aim of this procurement process is to invite bids for the provision of External Audit Services. As a summary, this includes: The successful bidder will commence auditing the University for the financial year ending 31 July 2022. We require a high quality external audit delivered in an efficient manner by an auditor with high integrity and reputation. Please note, the successful bidder does not need to have experience in the higher education (HE) sector.

Renewal: There is an option to extend the contract for up to two further years after the initial five year term.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02dce8
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/024892-2022
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open 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

79212000 - Auditing services

Notice Value(s)

Tender Value
£1,400,000 £1M-£10M
Lots Value
£1,400,000 £1M-£10M
Awards Value
Not specified
Contracts Value
£1,412,600 £1M-£10M

Notice Dates

Publication Date
6 Sep 20223 years ago
Submission Deadline
4 Oct 2021Expired
Future Notice Date
Not specified
Award Date
2 Aug 20223 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

Contracting Authority (Buyer)

Main Buyer
CARDIFF UNIVERSITY
Contact Name
Ross Hodgkins
Contact Email
hodgkinsr@cardiff.ac.uk
Contact Phone
+44 2920879648

Buyer Location

Locality
CARDIFF
Postcode
CF24 0DE
Post Town
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
Adamsdown
Westminster Constituency
Cardiff East

Supplier Information

Number of Suppliers
1
Supplier Name

KPMG

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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