Award

EC0973 - Financial Auditing - Research Grants

THE UNIVERSITY OF EDINBURGH

This public procurement record has 1 release in its history.

Award

10 Oct 2022 at 10:36

Summary of the contracting process

The University of Edinburgh has completed a tender process for Financial Auditing services for Research Grants. The procurement included three lots covering EC grants audits, International grants audits, and UK grants audits. The University of Edinburgh acted as the buying organization, with key contracts awarded to LEES Accountants. The procurement method was an open procedure, and the total value of the contracts was 680,000 GBP. The deadline for the tender was on the 7th of October 2022.

This tender offers opportunities for accounting firms specializing in financial auditing services, particularly those experienced in handling research grants. Businesses looking to compete should have expertise in EC grants audits, International grants audits, and UK grants audits. The University of Edinburgh's procurement process aimed to ensure quality criteria were met, with a focus on both service quality and cost efficiency. Accounting firms with experience in auditing for research grants and compliance with various funding bodies' terms and conditions are well-suited to benefit from this tender.

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Notice Title

EC0973 - Financial Auditing - Research Grants

Notice Description

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-03744b
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/028377-2022
Current Stage
Award
All Stages
Award

Procurement Classification

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

79212100 - Financial auditing services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£680,000 £500K-£1M

Notice Dates

Publication Date
10 Oct 20223 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
6 Oct 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
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

Supplier Information

Number of Suppliers
1
Supplier Name

LEES ACCOUNTANTS

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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