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External Audit Services

Prifysgol Bangor / Bangor University

This public procurement record has 3 releases in its history.

Award

22 Jul 2025 at 14:48

UK7 - Contract Details Notice
Award

03 Jun 2025 at 15:02

UK6 - Contract Award Notice
Tender

12 Mar 2025 at 10:45

UK4 - Tender Notice
Summary of the contracting process

The contract for "External Audit Services" was awarded to HaysMac LLP by Prifysgol Bangor / Bangor University. Located in Bangor, the University serves public authority roles under Welsh devolved regulations. The procurement process, commencing with an open procedure, reached completion on 9th July 2025, with the contract term spanning until 30th June 2028, and a possibility for extension until 2030. The procurement focused on auditing services within the UK region, governed under the legal framework of the UKPGA 2023/54. The total contract value is £1,035,000 gross, with services priced at £862,500, affirming it as a significant project requiring top-tier financial audit expertise.

This tender offers substantial growth opportunities for firms specialising in professional audit services, particularly those equipped to meet rigorous standards set by the UK's higher education sector. While HaysMac LLP was successful in securing the current contract, the open procedure indicates potential competitiveness for future tenders, especially for large-scale audit service providers. Companies with capabilities to satisfy comprehensive audit compliance and accountability standards, including those aligned with the Statement of Recommended Practice for Further and Higher Education, would be well-suited candidates in future bidding opportunities at Bangor University.

How relevant is this notice?

Notice Information

Notice Title

External Audit Services

Notice Description

The University wishes to appoint a firm to audit the University's annual financial statements in accordance with the Statement of Recommended Practice Accounting for Further and Higher Education (SORP), applicable Accounting Standards, Higher Education Funding Council for Wales' (MEDR) Memorandum of Assurance and Accountability, MEDR Accounts Direction, and any applicable conditions that MEDR may from to time to time prescribe.

Lot Information

Lot 1

Renewal: The Contract may be extended beyond the Initial term on a maximum of two occasions, for a period of up to 1 (one) year on each occasion

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04ebf9
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/042055-2025
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME, VCSE
Awardee Scale
Large

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
£1,000,000 £1M-£10M
Lots Value
£1,000,000 £1M-£10M
Awards Value
£862,500 £500K-£1M
Contracts Value
£862,500 £500K-£1M

Notice Dates

Publication Date
22 Jul 20251 years ago
Submission Deadline
10 Apr 2025Expired
Future Notice Date
Not specified
Award Date
23 May 20251 years ago
Contract Period
9 Jul 2025 - 30 Jun 2028 2-3 years
Recurrence
2029-11-01

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Prifysgol Bangor / Bangor University
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BANGOR
Postcode
LL57 2TR
Postcode Area
Llandudno
Country
Wales
Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL3 North Wales
Small Region (ITL 3)
TLL32 Gwynedd
Delivery Location
TLL12 Gwynedd
Local Authority
Gwynedd
Electoral Ward
Glyder
Westminster Constituency
Bangor Aberconwy

Supplier Information

Number of Suppliers
1
Supplier Name

HaysMac LLP

Further Information

Notice Documents

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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