External Audit Services

PRIFYSGOL BANGOR / BANGOR UNIVERSITY

There is 1 contract in this contracting process.

Summary of the contracting process

Bangor University is seeking external audit services to evaluate its annual financial statements. The procurement is classified under the auditing services industry (CPV 79212000) and follows the open procurement method. The tender is active and is currently in the Tender stage, with the deadline for submission set for 10th April 2025 at 12:00 pm BST. The contract will cover services within the region UKL12, United Kingdom, with the enquiry period ending on 24th March 2025 and the award period closing on 6th May 2025. The total contract value is £1,200,000 gross, with £1,000,000 net. The contract is expected to start on 1st June 2025 and could extend up to 31st July 2030, upon renewal.

This tender presents a significant opportunity for businesses specialising in auditing services to collaborate with a reputable academic institution, fostering long-term professional relationships and enhancing industry credibility. Small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are encouraged to apply, making it a competitive opening for a diverse range of businesses. The application of standard accounting practices and compliance with specific higher education funding councils establishes a robust framework for high-quality financial oversight, potentially leading to further contractual opportunities and expansion into the educational sector.

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Tender

External Audit Services

PRIFYSGOL BANGOR / BANGOR UNIVERSITY

Contract Timeline

Publication Date

12th March 2025 10:45:37 AM

Tender Deadline

10th April 2025 11:00:00 AM 18 days remaining
Contract Summary

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.
Contract Details

Open Contracting ID

ocds-h6vhtk-04ebf9

Publication Source

Find a Tender Service

Procurement Stage

Tender

Procurement Method

Open

Procurement Method Details

Open Procedure

Procurement Category

Services

Tender Suitability

Framework / DPS
Contract Classification

CPV Code(s)

CPV Division(s)
Awarding Authority

PRIFYSGOL BANGOR / BANGOR UNIVERSITY

Buyer Name

Buyer Email

procurement@bangor.ac.uk

Buyer Phone

Buyer Address

Finance Office

Bangor

LL57 2TR

United Kingdom

View contract on Find a Tender Service

External Audit Services

PRIFYSGOL BANGOR / BANGOR UNIVERSITY

Contract Timeline

Contract Summary

Contract Details

Contract Classification

Awarding Authority