Award

Internal Audit

UNIVERSITY OF LEEDS

This public procurement record has 2 releases in its history.

Award

16 Sep 2024 at 11:05

Tender

26 Apr 2024 at 09:05

Summary of the contracting process

The University of Leeds has completed the procurement process for internal audit services, awarding the contract to KPMG LLP, a large-scale supplier based in Leeds. The procurement process followed an open procedure under the legal basis of CELEX 32014L0024. The awarded contract, valued at £660,000, was signed on 30 August 2024, with the procurement stage marked as complete. This comprehensive internal audit services contract falls under the main procurement category of services, specifically classified under CPV code 79212200, and is aimed at enhancing the internal audit functions within the University of Leeds. The initial tender was active as of 26 April 2024, with a bid submission deadline of 31 May 2024.

This tender represents a substantial opportunity for businesses involved in auditing services, particularly those with expertise in internal audit. Large auditing firms, similar to the successful bidder KPMG LLP, are well-suited to compete in such tenders, given the scale and complexity of services required. Small to medium-sized enterprises (SMEs) with specialised auditing expertise might also find collaborating or subcontracting opportunities beneficial, enabling them to gain experience and grow their portfolio. Engaging in such tender processes can drive business growth by establishing partnerships with prestigious educational institutions and expanding service offerings in the public sector.

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Notice Title

Internal Audit

Notice Description

Internal Audit service

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04554b
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/029532-2024
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

79212000 - Auditing services

79212200 - Internal audit services

Notice Value(s)

Tender Value
£750,000 £500K-£1M
Lots Value
£750,000 £500K-£1M
Awards Value
Not specified
Contracts Value
£660,000 £500K-£1M

Notice Dates

Publication Date
16 Sep 20241 years ago
Submission Deadline
31 May 2024Expired
Future Notice Date
Not specified
Award Date
29 Aug 20241 years ago
Contract Period
Not specified - Not specified
Recurrence
5 years

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF LEEDS
Contact Name
Saima Bibi
Contact Email
s.bibi1@leeds.ac.uk
Contact Phone
+44 133434104

Buyer Location

Locality
LEEDS
Postcode
LS2 9JZ
Post Town
Leeds
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
TLE42 Leeds

Local Authority
Leeds
Electoral Ward
Little London & Woodhouse
Westminster Constituency
Leeds Central and Headingley

Supplier Information

Number of Suppliers
1
Supplier Name

KPGM

Open Contracting Data Standard (OCDS)

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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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