Tender

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

EC0973 - Financial Auditing - Research Grants

The University of Edinburgh

This public procurement record has 1 release in its history.

Tender

14 Jun 2022 at 12:26

Tender Notice
Summary of the contracting process

The University of Edinburgh is currently seeking submissions for their tender titled "EC0973 - Financial Auditing - Research Grants," which falls under the category of financial auditing services. This procurement is set within the UK's educational sector and is in the active planning stage, with submissions due by 15 July 2022. The contract period is expected to commence on 14 November 2022 and will run until 13 November 2025, with potential extensions available. Proposals should be submitted electronically via PCS-Tender, and community benefits considerations are integrated into this procurement process.

This tender presents significant opportunities for auditing firms specialised in financial services, particularly those with experience in managing European Commission or international grant audits. Companies that have a solid track record in providing comprehensive audit services for research grants, especially those involving federal or international funding, would be well-positioned to compete. As the University of Edinburgh has multiple ongoing research projects, successful bidders can expect further contracts and a potential long-term relationship with a prestigious institution. This is an excellent chance for auditing professionals to expand their market presence and contribute to the university's research initiatives.

How relevant is this notice?

Notice Information

Notice Title

EC0973 - Financial Auditing - Research Grants

Notice Description

The University of Edinburgh is looking for tender submissions 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.

Renewal: 3 years with the option to extend for a further 1 plus 1 years

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.

Renewal: 3 years with the option to extend for a further 1 plus 1 years

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.

Renewal: 3 years with the option to extend for a further 1 plus 1 years

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-034626
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/016257-2022
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
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
14 Jun 20224 years ago
Submission Deadline
15 Jul 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
14 Nov 2022 - 13 Nov 2025 3-4 years
Recurrence
2026

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
The University of Edinburgh
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
EDINBURGH
Postcode
EH1 1HT
Postcode Area
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

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...