Planning

EC0973 - Financial Auditing - Research Grants

THE UNIVERSITY OF EDINBURGH

This public procurement record has 1 release in its history.

Planning

21 Apr 2022 at 12:18

Summary of the contracting process

The University of Edinburgh is initiating a procurement process titled "EC0973 - Financial Auditing - Research Grants," focusing on financial auditing services within the education sector. This process is currently in the planning stage, with a notable supplier event scheduled for Thursday, 12th May 2022, from 2:00 PM to 3:30 PM on Microsoft Teams. Interested suppliers can register by contacting Hayley Bell via email. The planned procurement also includes multiple lots targeting different types of grants, such as EC grants, international grants, and UK grants, all requiring audits for ongoing research projects with end dates after 2022.

This tender presents significant opportunities for businesses specialising in financial auditing services, particularly those with experience in conducting audits for European Commission grants, US federal grants, and other international funding bodies. Audit firms and financial consultancies that are equipped to manage complex compliance requirements will be well-suited to compete. As the University of Edinburgh anticipates future participation in Horizon Europe projects, companies looking to expand their portfolio in the educational and research sectors should consider engaging with this procurement process.

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Notice Title

EC0973 - Financial Auditing - Research Grants

Notice Description

The University of Edinburgh is looking for expressions of interest from suitably experienced organisations interested in providing Financial Auditing services for Research Grants.

Lot Information

EC grants Audits

Lot 1 - EC grants Audits The University of Edinburgh has around 215 European Commission live research projects with end dates after 2022 as either co-ordinator or partner. In addition, it is anticipated that the University will be participating in Horizon Europe and the audits will start, depending on their end date and their value after two years from now.

International grants Audits

Lot 2 - International grants Audits (US Federal grants, Gates Foundation grants and any other international grants audits as per the T&C of the funders) The University of Edinburgh has around 380 International live research grants with end dates after 2022. We need to have an annual US NIH Federal audit of our NIH federal grants as the threshold of $750k is exceeded. In addition, other International funders require audits as per their T&C, including the annual Gates Foundation audit.

UK grants Audit

Lot 3 - UK grants Audits (Innovate UK grants and any other UK grants audits as per the T&C of the funders) The University of Edinburgh has around 25 Innovate UK live research grants with end dates after 2022. Independent Accountant's Reports (IARs) are required for all awards above a 25,000 GPB threshold.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-032f21
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/010372-2022
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

79212100 - Financial auditing services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
21 Apr 20223 years ago
Submission Deadline
Not specified
Future Notice Date
24 May 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
THE UNIVERSITY OF EDINBURGH
Contact Name
Hayley Bell
Contact Email
hayley.bell@ed.ac.uk
Contact Phone
+44 1316502508

Buyer Location

Locality
EDINBURGH
Postcode
EH1 1HT
Post Town
Edinburgh
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM1 East Central Scotland
Small Region (ITL 3)
TLM13 City of Edinburgh
Delivery Location
TLM75 City of Edinburgh

Local Authority
City of Edinburgh
Electoral Ward
City Centre
Westminster Constituency
Edinburgh East and Musselburgh

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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