Award

RHUL-23003 Delivery of External (Financial) Auditing Services

ROYAL HOLLOWAY AND BEDFORD NEW COLLEGE, KNOWN AS ROYAL HOLLOWAY, UNIVERSITY OF LONDON

This public procurement record has 2 releases in its history.

Award

31 Aug 2023 at 15:06

Tender

22 Mar 2023 at 19:05

Summary of the contracting process

The Royal Holloway, University of London has recently awarded a contract for the Delivery of External Audit Services to KPMG LLP. The procurement process was of open procedure type with an estimated total value of £1,534,500 ex VAT. The contract duration is 7 years with 1 plus 1 optional 1-year extensions. The buying organisation sought a provider exclusively through electronic submissions via the Delta system. The delivery location specified is in West Surrey within the Financial auditing services sector.

This tender by Royal Holloway, University of London offers an opportunity for businesses, especially those experienced in financial auditing services, to compete and potentially secure a long-term contract. The contract duration of 7 years with the possibility of extensions provides stability for winning suppliers. As the tender emphasises electronic submissions, businesses adept at digital procurement processes would be well-suited to engage in this opportunity and form a lucrative partnership with the prestigious university for external audit services.

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Notice Title

RHUL-23003 Delivery of External (Financial) Auditing Services

Notice Description

AWARDED to KPMG LLP, a contract for the Delivery of External Audit Services. Duration: 7 years plus 1 plus 1 optional 1 year extensions. Estimated total value of agreement over nine years (maximum term) = PS1,534,500 ex VAT.

Lot Information

Lot 1

The university is seeking to appoint a capable and experienced provider for the Delivery of External Audit Services. Full details of the requirement are contained within the tender documentation. Contract duration: 7 years plus 1 plus 1 year optional extensions. Understanding of delivery of these services within a Higher Education context is a key requirement. Only tenders received electronically via the Delta system by the submission date will be considered. Please send any questions in relation to this procurement process via the Messaging feature within Delta. Additional information: To respond to this opportunity please click here: https://www.delta-esourcing.com/respond/8R6V4QPB98

Renewal: Initial contract duration 7 years plus 1 plus 1 further optional extensions of 12 months. Please note that renewals are subject to annual review and agreement between the Parties.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03b548
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/025665-2023
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

79212100 - Financial auditing services

Notice Value(s)

Tender Value
£734,400 £500K-£1M
Lots Value
£734,400 £500K-£1M
Awards Value
Not specified
Contracts Value
£1,534,000 £1M-£10M

Notice Dates

Publication Date
31 Aug 20232 years ago
Submission Deadline
11 May 2023Expired
Future Notice Date
Not specified
Award Date
5 Jul 20232 years ago
Contract Period
Not specified - Not specified
Recurrence
96 months

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
ROYAL HOLLOWAY AND BEDFORD NEW COLLEGE, KNOWN AS ROYAL HOLLOWAY, UNIVERSITY OF LONDON
Contact Name
Kim Cooper - Procurement Team
Contact Email
procurement@rhul.ac.uk
Contact Phone
+44 1784414181

Buyer Location

Locality
EGHAM
Postcode
TW20 0EX
Post Town
Twickenham
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ25 West Surrey
Delivery Location
TLJ25 West Surrey

Local Authority
Runnymede
Electoral Ward
Englefield Green East
Westminster Constituency
Windsor

Supplier Information

Number of Suppliers
1
Supplier Name

KPMG

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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