Tender

External Audit Services

THE UNIVERSITY OF WESTMINSTER

This public procurement record has 1 release in its history.

Tender

19 Feb 2025 at 15:25

Summary of the contracting process

The University of Westminster is inviting tenders for comprehensive external audit services, categorized under auditing services (CPV code 79212000). This procurement process is currently in the Tender stage and aims to secure services starting from 3rd December 2025. Key services include the preparation of an audit plan, interim audits, annual year-end Corporation Tax computations, and presentations of management letters to the Audit and Risk Committee. Interested bidders must register on the Proactis Pro-Contract portal and submit their tenders by 11th April 2025. The initial contract is intended for three years, with options for extension, making a maximum term of five years. The submission method is electronic, and the primary location is the UK.

This tender offers substantial business growth opportunities for firms specialising in auditing services, ensuring regular work over several years with a reputable educational institution. Businesses with experience in statutory audits, tax computations, and management reporting will find suitable avenues to expand their portfolio. In addition, the requirement for electronic invoicing and submissions aligns with modern business practices, making this an attractive opportunity for tech-savvy organisations that can deliver high-quality audit services while showing potential for future service improvements or cost reductions.

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Notice Title

External Audit Services

Notice Description

The University is seeking a comprehensive external audit service to be in place from 3rd December 2025. The services to be provided will include the full statutory service including, but not limited to: * Preparation of an Audit Plan and presentation to the Audit and Risk Committee in June * Pre-year end interim (or systems) audits * Preparation of the annual year-end Corporation Tax computations and the submissions to HMRC for the University and Subsidiary Companies. * Preparation of Management Letter and/or Audit Summary * Presentation of Management Letter to one meeting of the Audit and Risk Committee and the Court of Governors, both customarily in November

Lot Information

Lot 1

The University is seeking a comprehensive external audit service to be in place from 3rd December 2025. The services to be provided will include the full statutory service including, but not limited to: * Preparation of an Audit Plan and presentation to the Audit and Risk Committee in June * Pre-year end interim (or systems) audits * Preparation of the annual year-end Corporation Tax computations and the submissions to HMRC for the University and Subsidiary Companies. * Preparation of Management Letter and/or Audit Summary * Presentation of Management Letter to one meeting of the Audit and Risk Committee and the Court of Governors, both customarily in November Additional information: Bidders can register for free on the Proactis Pro-Contract procurement portal (https://procontract.due-north.com) by completing a simple registration. Once registered, bidders can use the search function under "find opportunities" to find the tender. If Bidders do not meet one or more of the minimum requirements for each Selection Criteria Bidders will be excluded from the process. If bidders pass all Selection Criteria, their Bid will be fully scored and evaluated. Bidders must submit their tender via the portal by 11 April 2025 The University expressly reserves the rights: i) Not to award any contract as a result of this procurement process commenced by publication of this notice. ii) To make whatever changes it may see fit to the content and structure of the tendering competition. iii) To award (a) contract(s) in respect of any part(s) of the [services] covered by this notice; and in no circumstances will the University be liable for any costs incurred by Bidders.

Options: It is anticipated that the new contract will be for an initial period of 3 years. With an option to extend for a further period of 2 years, at 12-month increments, taking the contract term to a maximum of 5 years. The Contract is intended to start on 3 December 2025. Any contract extension will be agreed upon between the University of Westminster and the successful bidder. The University will likely seek that the successful bidder demonstrate improvements and/or price reductions before considering an extension. For any extension(s) to the Contract, discussions with the successful bidder shall be conducted sufficiently far in advance of the contract expiry date to arrive at an agreed position

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04e42f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/005911-2025
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

79212000 - Auditing services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
19 Feb 20251 years ago
Submission Deadline
11 Apr 2025Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
THE UNIVERSITY OF WESTMINSTER
Contact Name
Not specified
Contact Email
procurement@westminster.ac.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
W1B 2HW
Post Town
West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
Westminster
Electoral Ward
West End
Westminster Constituency
Cities of London and Westminster

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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