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External Audit Services

University of Sunderland

This public procurement record has 3 releases in its history.

TenderUpdate

07 Jun 2023 at 09:36

Tender Notice
Award

06 Jun 2023 at 17:53

Award Notice
Tender

19 Dec 2022 at 12:01

Tender Notice
Summary of the contracting process

The University of Sunderland is seeking External Audit Services for its subsidiaries in Sunderland, London, and Hong Kong. The procurement stage is currently active with a deadline for tender returns set for 31st January 2023. The audit services are expected to start in June 2023 for a 3-year period, with possible extensions. The University is looking for a qualified organisation with financial services experience. The main procurement category is services under the CPV code 79200000.

This tender for External Audit Services by the University of Sunderland presents an opportunity for auditing firms specialized in accounting and fiscal services. Businesses with experience in conducting external audits and innovative financial approaches are well-suited to compete. The University is particularly interested in organisations that can meet the financial services requirements for their subsidiaries across different locations in Sunderland, London, and Hong Kong. The contract duration is set for 3 years with the possibility of extensions.

How relevant is this notice?

Notice Information

Notice Title

External Audit Services

Notice Description

The University of Sunderland is looking for an External Auditor to provide its services across a number of subsidiaries which operate nationally and internationally in Sunderland, London and Hong Kong. For clarity the audit covers the companies registered in England and Wales which includes the Sunderland and London campuses but does not include the Hong Kong campus.The emphasis of this tender is to appoint an appropriately qualified organisation with suitable experience of the financial services required and an innovative approach throughout the life of the contract.External audit services are expected to commence from June 2023, to run for 3 years, auditing from our financial year 2022/23 to 2024/25 with a possible 2 x 12 months extensions.

Lot Information

Lot 1

Awarded ContractThe University of Sunderland is looking for an External Auditor to provide its services across a number of subsidiaries which operate nationally and internationally in Sunderland, London and Hong Kong. For clarity the audit covers the companies registered in England and Wales which includes the Sunderland and London campuses but does not include the Hong Kong campus.The emphasis of this tender is to appoint an appropriately qualified organisation with suitable experience of the financial services required and an innovative approach throughout the life of the contract.External audit services are expected to commence from June 2023, to run for 3 years, auditing from our financial year 2023/24 to 2025/26 with a possible 2 x 12 months extensions.The previous spend has been PS175k per annum (excluding VAT where applicable) - note there are no guarantees on spend levels. We also reserve the right to spend an additional 50% of the original anticipated budget, subject to changes to requirements across the University, for the duration of the award.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03925d
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/016080-2023
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

79200000 - Accounting, auditing and fiscal services

Notice Value(s)

Tender Value
£875,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£875,000 £500K-£1M

Notice Dates

Publication Date
7 Jun 20233 years ago
Submission Deadline
31 Jan 2023Expired
Future Notice Date
Not specified
Award Date
31 May 20233 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

Buyer & Supplier

Contracting Authority (Buyer)

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

Buyer Location

Locality
SUNDERLAND
Postcode
SR1 3SD
Postcode Area
Sunderland
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC44 Sunderland
Delivery Location
TLC23 Sunderland
Local Authority
Sunderland
Electoral Ward
Millfield
Westminster Constituency
Sunderland Central

Supplier Information

Number of Suppliers
1
Supplier Name

RSM UK Audit LLP

Further Information

Open Contracting Data Standard (OCDS)

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