This public procurement record has 2 releases in its history.

Award

18 Dec 2024 at 19:05

TenderUpdate

12 Aug 2024 at 10:05

Summary of the contracting process

The University of Greenwich has concluded the procurement process for an external audit provider, finalising a contract to cover five years with an option to extend for up to two additional years. This contract falls under the services category and specifically relates to auditing services. The procurement followed an open procedure, and the total value of the contract was agreed at £1,034,900. The awarded contract to Buzzacott LLP was signed on 16th December 2024. This procurement took place in the South East of England, with the University of Greenwich acting as the buying organisation.

This tender represents a significant opportunity for businesses in the auditing industry, particularly those with experience in forming audit opinions on consolidated and subsidiary company financial statements. The contract's considerable value and duration offer substantial business growth potential for the winning bidder. Companies specialising in financial auditing services and looking to expand their client base in the education sector would be well-suited to compete for similar opportunities.

How relevant is this notice?

Notice Title

External Audit Tender

Notice Description

The University seeks to appoint an external audit provider. The primary role will be to form an audit opinion on whether the consolidated and individual subsidiary company Financial Statements show a true and fair view and are prepared in accordance with the relevant accounting standards

Lot Information

Lot 1

3.1.The University seeks to appoint an external audit provider. The primary role will be to form an audit opinion on whether the consolidated and individual subsidiary company Financial Statements show a true and fair view and are prepared in accordance with the relevant accounting standards.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0489bf
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/040865-2024
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

79212100 - Financial auditing services

79212200 - Internal audit services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£1,034,900 £1M-£10M

Notice Dates

Publication Date
18 Dec 20241 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
16 Dec 20241 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
University of Greenwich
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SE10 9LS
Postcode Area
South East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI5 Outer London - East and North East
Small Region (ITL 3)
TLI51 Bexley and Greenwich
Delivery Location
TLJ South East (England)

Local Authority
Greenwich
Electoral Ward
East Greenwich
Westminster Constituency
Greenwich and Woolwich

Supplier Information

Number of Suppliers
1
Supplier Name

Buzzacott LLP

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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