Planning

Grant Audit Services

UNIVERSITY OF SOUTHAMPTON

This public procurement record has 1 release in its history.

Planning

05 Jan 2022 at 15:48

Summary of the contracting process

The University of Southampton is initiating a planned procurement process for Grant Audit Services, classified under auditing services within the services category. This process is part of the university's efforts to ensure the external audit and certification of financial claims submitted to its research grant funders. The average number of audits required is expected to be between 40-50 annually, possibly rising to 60 during peak periods. Interested parties should attend a soft market engagement meeting via Teams during the week of 24th January 2022, with registrations handled through the university's electronic procurement portal, and documentation to be accessed upon registration. A future notice is scheduled for 31st March 2022.

This tender provides an excellent opportunity for firms specialising in financial auditing services, particularly those with experience in the research funding landscape. Businesses capable of responding to the specific requirements of the University of Southampton, including a solid understanding of various funders' terms and conditions, would be well-suited to compete. Participation in the upcoming market engagement meeting will allow potential suppliers to gain insights and prepare for future competition in this sector, fostering growth opportunities in auditing for those aligned with the university's needs.

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Notice Title

Grant Audit Services

Notice Description

The University of Southampton requires the external audit and certification of financial claim submissions to its research grant funders. 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 year. The University is looking to engage with the market to discuss a variety of topics relating to grant audit services via a 1-hour Teams meeting during the week commencing 24th January 2022 with those that register their interest. Depending on the level of interest, the University may not be able to speak to all that register. To access the relevant documentation, register your interest and select your preferred timeslot, you will need to register on the University's electronic procurement portal In-Tend to manage this soft market engagement exercise which can be found at https://in-tendhost.co.uk/universityofsouthampton This is NOT a call for competition.

Lot Information

Lot 1

The University requires the external audit and certification of financial claim submissions to research grant funders. 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 year. The University requires a supplier that has experience in auditing financial claims to research grant funders and understands the varying terms and conditions that each funder sets. The University expects the supplier to keep the University up to date with any regulatory or funder updates that impact the University. The University requires the supplier to attend regular contract meetings to collaboratively review performance, exchange news, and suggest areas of innovation/continuous improvement. The University is looking to engage with the market to discuss a variety of topics relating to grant audit services via a 1-hour Teams meeting during the week commencing 24th January 2022 with those that register their interest. Depending on the level of interest, the University may not be able to speak to all that register. To access the relevant documentation, register your interest and select your preferred timeslot, you will need to register on the University's electronic procurement portal In-Tend to manage this soft market engagement exercise which can be found at https://in-tendhost.co.uk/universityofsouthampton This is NOT a call for competition.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-030772
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/000221-2022
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Planning Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79212000 - Auditing services

79212100 - Financial auditing services

Notice Value(s)

Tender Value
£500,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
5 Jan 20224 years ago
Submission Deadline
Not specified
Future Notice Date
30 Mar 2022Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Planned
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF SOUTHAMPTON
Contact Name
Alice Mashford
Contact Email
a.mashford@soton.ac.uk
Contact Phone
Not specified

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
TLJ3 Hampshire and Isle of Wight

Local Authority
Southampton
Electoral Ward
Portswood
Westminster Constituency
Southampton Test

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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