Award

External Audit Services 2025

BOURNEMOUTH UNIVERSITY

This public procurement record has 2 releases in its history.

Award

11 Sep 2025 at 09:57

Tender

31 Mar 2025 at 16:11

Summary of the contracting process

Bournemouth University, located in Poole, UK, has completed the procurement process for "External Audit Services 2025." This tender, associated with ID 055709-2025, aimed to appoint a single provider to conduct external audits, including financial statement reviews and subsidiary body audits. The procurement method utilised was a selective, competitive flexible procedure. The process began with an initial tender on 31 March 2025, and the contract award stage was noted on 11 July 2025. The contract, awarded to BDO LLP, is valued at £711,000 and spans from 24 February 2026 to 25 February 2031, with an option for a one-year renewal. The industry category involves auditing services with a CPV code of 79212000, catering to public undertakings. Competitive bids were encouraged, with opportunities for suppliers to submit proposals until April 2025.

This tender offers significant opportunities for large-scale auditing firms, particularly those experienced in higher education finance, to establish a lasting relationship with a prominent UK university. Engaging in such contracts can enhance business portfolios and provide visibility in the public sector space. Ideal candidates are firms with proven capabilities in delivering comprehensive audit services, as demonstrated by BDO LLP's successful bid amidst competitive tenders from several large-scale enterprises. Companies specialising in external and financial audit services should consider pursuing similar opportunities to expand their scope and secure contracts in the educational sector, leveraging such engagements to drive business growth and strengthen their market positioning. The tender process, while selective, allows for competitive pricing and quality-focused proposals, making it attractive for technically proficient suppliers seeking to scale their operations.

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Notice Title

External Audit Services 2025

Notice Description

The purpose of this tender is to appoint a single provider to deliver External Audit Services . The primary role of the external auditors will be to report on the financial statements of Bournemouth University and to carry out whatever examination of the statements and underlying records and control systems is necessary to reach an opinion on the statements. The scope of works also includes but is not limited to audits of the University's subsidiary bodies, annual returns for the US Federal loans and any other funding requirements, as well as individual project audits as required. There will be a requirement to report on whether recurrent and specific grants from OfS (and other bodies and restricted funds where appropriate) have been properly applied for the purposes provided, in accordance with the Bournemouth University's Memorandum of Assurance and Accountability with OfS and that conditions of grant have been met.

Lot Information

Lot LOT-0001

Renewal: An extension of the contract may be granted, subject to strong performance and the price being held 1 x 12 month period

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04fae4
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/055709-2025
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive flexible 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

Notice Value(s)

Tender Value
£750,000 £500K-£1M
Lots Value
£750,000 £500K-£1M
Awards Value
£711,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
11 Sep 20255 months ago
Submission Deadline
29 Apr 2025Expired
Future Notice Date
Not specified
Award Date
10 Jul 20257 months ago
Contract Period
24 Feb 2026 - 25 Feb 2031 Over 5 years
Recurrence
2031-02-25

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Pending
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
BOURNEMOUTH UNIVERSITY
Contact Name
Marianne Lewis
Contact Email
procurement@bournemouth.ac.uk
Contact Phone
01202962441

Buyer Location

Locality
POOLE
Postcode
BH12 5BB
Post Town
Bournemouth
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK6 North Somerset, Somerset and Dorset
Small Region (ITL 3)
TLK63 Bournemouth, Christchurch and Poole
Delivery Location
TLK24 Bournemouth, Christchurch and Poole

Local Authority
Bournemouth, Christchurch and Poole
Electoral Ward
Talbot & Branksome Woods
Westminster Constituency
Bournemouth West

Supplier Information

Number of Suppliers
1
Supplier Name

BDO

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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