Award

LUV01340 - External Audit Service

UNIVERSITY OF LEICESTER

This public procurement record has 3 releases in its history.

Award

14 Nov 2025 at 12:54

Award

07 Apr 2025 at 09:39

Award

12 Mar 2025 at 14:05

Summary of the contracting process

The University of Leicester has completed a procurement process for an External Audit Service (EAS), tailored to serve the university, its subsidiaries, and the Pension and Assurance Scheme. The tender, identified by the title "LUV01340 - External Audit Service," falls under the industry category of auditing services, with relevant classifications including statutory audit services. This procurement was conducted through a direct award method to incumbent supplier BDO LLP, primarily due to limited market options and the costs associated with transitioning service providers. The contract, valued at £1,297,000, commenced on 17th April 2025 and is set to end on 31st March 2028, with potential extensions. The process is now in the award stage, with the location for service delivery specified as UKF21, reflecting the Leicester region.

This tender offers significant business growth opportunities, particularly for firms specialising in auditing and statutory audit services. With a high-value contract extending over multiple years, established auditing companies that can leverage existing resources and expertise to offer comprehensive audit services would be well-positioned to compete. Although this procurement has been awarded to BDO LLP, businesses keen on similar opportunities can gain insights into direct award processes and align their service offerings with market demand, potentially positioning themselves as future contenders for such public sector contracts. The strategic engagement in this sector can bolster a company's capability and reputation in public undertaking services.

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Notice Title

LUV01340 - External Audit Service

Notice Description

External Audit Service (EAS) for The University of Leicester, its subsidiaries and the University of Leicester Pension and Assurance Scheme (PAS). To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=990136180

Procurement Information

Direct award to incumbent provider based on limited options in the market and the cost of change.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04ec29
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/073964-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
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

79212300 - Statutory audit services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£1,297,000 £1M-£10M
Contracts Value
£1,297,000 £1M-£10M

Notice Dates

Publication Date
14 Nov 20253 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
7 Mar 202511 months ago
Contract Period
16 Apr 2025 - 31 Mar 2028 2-3 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF LEICESTER
Contact Name
Stewart Brewer
Contact Email
sab88@le.ac.uk
Contact Phone
01162525205

Buyer Location

Locality
LEICESTER
Postcode
LE1 7RH
Post Town
Leicester
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF2 Leicestershire, Rutland and Northamptonshire
Small Region (ITL 3)
TLF21 Leicester
Delivery Location
Not specified

Local Authority
Leicester
Electoral Ward
Castle
Westminster Constituency
Leicester South

Supplier Information

Number of Suppliers
1
Supplier Name

BDO

Further Information

Notice Documents

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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