Notice Information
Notice Title
The Courtauld - The Provision Of External Auditors
Notice Description
The Courtauld seeks to appoint an external auditor for the University, whose work will report to the Governing Board via the Audit and Risk Committee and assist management in independently auditing the financial statements of the University. T
Lot Information
Lot 1
The Courtauld seeks to appoint an external auditor for the University, whose work will report to the Governing Board via the Audit and Risk Committee and assist management in independently auditing the financial statements of the University. The auditor will be expected to provide a management report to the Audit and Risk Committee in accordance with auditing standards which will be shared with the OfS each year. The purpose of this Invitation to Tender is to select a service provider which represents the best value for money in terms of price and quality of service to meet the external audit requirement of the University and its subsidiaries. The service provider must confirm in their tender response that they: * are a registered statutory auditor and are eligible for appointment as external auditor within the requirements of the OfS. * are an accredited/registered provider who, if required at a future date for the US loans engagement, can prepare a report that is consistent with the US assurance standards. * have in place appropriate training and development programmes to sufficiently support staff development in these areas to that ensure that compliance is maintained and high-quality work can be carried out. * have relevant experience of working with clients in the Higher Education (HE) sector.
Renewal: After the initial Contract of 4 years there will be an option for a further 4 x 12-month extensions.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-041d36
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/035020-2023
- Current Stage
- Tender
- All Stages
- Tender
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
- Not specified
Common Procurement Vocabulary (CPV)
- CPV Divisions
79 - Business services: law, marketing, consulting, recruitment, printing and security
-
- CPV Codes
79212100 - Financial auditing services
79212200 - Internal audit services
79212300 - Statutory audit services
79212500 - Accounting review services
Notice Value(s)
- Tender Value
- Not specified
- Lots Value
- £500,000 £500K-£1M
- Awards Value
- Not specified
- Contracts Value
- Not specified
Notice Dates
- Publication Date
- 28 Nov 20232 years ago
- Submission Deadline
- 9 Jan 2024Expired
- Future Notice Date
- Not specified
- Award Date
- Not specified
- Contract Period
- 12 Feb 2024 - 12 Feb 2028 4-5 years
- Recurrence
- Not specified
Notice Status
- Tender Status
- Active
- Lots Status
- Active
- Awards Status
- Not Specified
- Contracts Status
- Not Specified
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- LONDON UNIVERSITIES PURCHASING CONSORTIUM
- Contact Name
- Reece Baines
- Contact Email
- r.baines@lupc.ac.uk
- Contact Phone
- +44 212345678
Buyer Location
- Locality
- LONDON
- Postcode
- W1T 7NZ
- Post Town
- West London
- Country
- England
-
- Major Region (ITL 1)
- TLI London
- Basic Region (ITL 2)
- TLI3 Inner London - West
- Small Region (ITL 3)
- TLI36 Camden
- Delivery Location
- TLI London, TLI3 Inner London - West
-
- Local Authority
- Camden
- Electoral Ward
- Bloomsbury
- Westminster Constituency
- Holborn and St Pancras
Further Information
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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.
{
"tag": [
"compiled"
],
"id": "ocds-h6vhtk-041d36-2023-11-28T10:20:21Z",
"date": "2023-11-28T10:20:21Z",
"ocid": "ocds-h6vhtk-041d36",
"initiationType": "tender",
"tender": {
"id": "LUPC - 1021-0196",
"legalBasis": {
"id": "32014L0024",
"scheme": "CELEX"
},
"title": "The Courtauld - The Provision Of External Auditors",
"status": "active",
"classification": {
"scheme": "CPV",
"id": "79212100",
"description": "Financial auditing services"
},
"mainProcurementCategory": "services",
"description": "The Courtauld seeks to appoint an external auditor for the University, whose work will report to the Governing Board via the Audit and Risk Committee and assist management in independently auditing the financial statements of the University. T",
"lots": [
{
"id": "1",
"description": "The Courtauld seeks to appoint an external auditor for the University, whose work will report to the Governing Board via the Audit and Risk Committee and assist management in independently auditing the financial statements of the University. The auditor will be expected to provide a management report to the Audit and Risk Committee in accordance with auditing standards which will be shared with the OfS each year. The purpose of this Invitation to Tender is to select a service provider which represents the best value for money in terms of price and quality of service to meet the external audit requirement of the University and its subsidiaries. The service provider must confirm in their tender response that they: * are a registered statutory auditor and are eligible for appointment as external auditor within the requirements of the OfS. * are an accredited/registered provider who, if required at a future date for the US loans engagement, can prepare a report that is consistent with the US assurance standards. * have in place appropriate training and development programmes to sufficiently support staff development in these areas to that ensure that compliance is maintained and high-quality work can be carried out. * have relevant experience of working with clients in the Higher Education (HE) sector.",
"value": {
"amount": 500000,
"currency": "GBP"
},
"contractPeriod": {
"startDate": "2024-02-12T00:00:00Z",
"endDate": "2028-02-12T23:59:59Z"
},
"hasRenewal": true,
"renewal": {
"description": "After the initial Contract of 4 years there will be an option for a further 4 x 12-month extensions."
},
"submissionTerms": {
"variantPolicy": "notAllowed"
},
"hasOptions": false,
"status": "active"
}
],
"items": [
{
"id": "1",
"additionalClassifications": [
{
"scheme": "CPV",
"id": "79212200",
"description": "Internal audit services"
},
{
"scheme": "CPV",
"id": "79212300",
"description": "Statutory audit services"
},
{
"scheme": "CPV",
"id": "79212500",
"description": "Accounting review services"
}
],
"deliveryAddresses": [
{
"region": "UKI3"
},
{
"region": "UKI"
},
{
"region": "UK"
}
],
"deliveryLocation": {
"description": "WC2R 0RN"
},
"relatedLot": "1"
}
],
"submissionMethod": [
"electronicSubmission",
"written"
],
"submissionMethodDetails": "https://uk.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=75565&B=LUPC",
"documents": [
{
"id": "economic",
"documentType": "economicSelectionCriteria"
},
{
"id": "technical",
"documentType": "technicalSelectionCriteria"
}
],
"procurementMethod": "open",
"procurementMethodDetails": "Open procedure",
"coveredBy": [
"GPA"
],
"tenderPeriod": {
"endDate": "2024-01-09T23:59:00Z"
},
"submissionTerms": {
"languages": [
"en"
],
"bidValidityPeriod": {
"endDate": "2024-04-09T23:59:59+01:00"
}
},
"awardPeriod": {
"startDate": "2024-01-09T23:59:00Z"
},
"bidOpening": {
"date": "2024-01-09T23:59:00Z"
},
"hasRecurrence": false,
"contractTerms": {
"hasElectronicOrdering": true,
"electronicInvoicingPolicy": "allowed",
"hasElectronicPayment": true
}
},
"parties": [
{
"id": "GB-FTS-4620",
"name": "London Universities Purchasing Consortium",
"identifier": {
"legalName": "London Universities Purchasing Consortium",
"id": "N/A"
},
"address": {
"streetAddress": "Shropshire House, 179 Tottenham Court Road, Fitzrovia",
"locality": "London",
"region": "UKI3",
"postalCode": "W1T 7NZ",
"countryName": "United Kingdom"
},
"contactPoint": {
"name": "Reece Baines",
"telephone": "+44 212345678",
"email": "r.baines@lupc.ac.uk",
"url": "https://uk.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=75565&B=LUPC"
},
"roles": [
"buyer",
"centralPurchasingBody"
],
"details": {
"url": "https://www.lupc.ac.uk",
"buyerProfile": "https://uk.eu-supply.com/ctm/Company/CompanyInformation/Index/81165",
"classifications": [
{
"scheme": "TED_CA_TYPE",
"id": "BODY_PUBLIC",
"description": "Body governed by public law"
},
{
"scheme": "COFOG",
"id": "09",
"description": "Education"
}
]
}
},
{
"id": "GB-FTS-99340",
"name": "LUPC",
"identifier": {
"legalName": "LUPC"
},
"address": {
"streetAddress": "LUPC 179 Tottenham Court Road, London W1T 7NZ",
"locality": "London",
"postalCode": "W1T 7NZ",
"countryName": "United Kingdom"
},
"contactPoint": {
"telephone": "+44 7484245503",
"email": "r.baines@lupc.ac.uk"
},
"roles": [
"reviewBody"
]
}
],
"buyer": {
"id": "GB-FTS-4620",
"name": "London Universities Purchasing Consortium"
},
"language": "en"
}