Award

External Audit Services

UNIVERSITY OF LINCOLN

This public procurement record has 3 releases in its history.

Award

29 Jan 2026 at 14:05

Tender

26 Sep 2025 at 10:46

Planning

08 May 2025 at 13:05

Summary of the contracting process

The University of Lincoln, located in Lincoln, UK, has completed the award stage for its procurement of external audit services. This process falls under the industry category of auditing services, with the awarded contract managed through an open procurement method. The contract, valued at £570,000 (GBP), was awarded to HaysMac LLP, a large-scale supplier based in London. The contract period is set to commence on 1st March 2026 and end on 28th February 2029, with potential extensions. The procurement was conducted using a robust open procedure, with key dates including a standstill period ending on 9th February 2026, which precedes the contract signing date scheduled for 26th February 2026. Multiple rounds of competitive bidding occurred, culminating in the selection of HaysMac LLP on 29th January 2026.

This contract presents substantial opportunities for growth, particularly for businesses in the auditing and financial services industries. The engagement of large-scale companies such as HaysMac LLP demonstrates the significant scale and complexity of the procurement requirements. Small and medium enterprises (SMEs) in the relevant sector might also find substantial business opportunities in future tenders, given the interest SMEs have shown in the bidding stages. The contract's provision for auditing financial statements, subsidiary companies, pensions, and loan agreements indicates a need for comprehensive financial auditing expertise, positioning businesses offering these services well for engagement. Additionally, understanding the precise scope and requirements of future extensions could provide fertile ground for SMEs prepared to scale operations accordingly.

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Notice Title

External Audit Services

Notice Description

This is a Contract Award Notice for the University of Lincoln External Audit Services. The core services provided under the External Audit Contract in summary include, the provision of a statutory audit of the Group financial statements, the provision of a statutory audit of the University's main subsidiary company, producing an audit findings report, and the auditing of a pension scheme and loan agreements. The University is awarding a 3 year contract with the option of 2 x 12 month extension periods. To view this notice, please click here: https://neupc.delta-esourcing.com/delta/viewNotice.html?noticeId=1008023495

Lot Information

Lot 460

Renewal: There are 2 x 12 month extension options available.

Planning Information

The University of Lincoln is seeking to engage with the external audit supply market and to further understand the experience, credentials, resources and capacity of suppliers. Interested suppliers are encouraged to complete and return a supporting questionnaire. There is also the opportunity for further engagement sessions with the University which will follow on and further discuss the returned questionnaires. Depending on the volume of interest, if a significant number of responses is received, the University will offer the engagement sessions to a cross section of suppliers, with a maximum of 5 engagement sessions being undertaken.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-050ed7
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/008074-2026
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79212000 - Auditing services

79212100 - Financial auditing services

Notice Value(s)

Tender Value
£800,000 £500K-£1M
Lots Value
£800,000 £500K-£1M
Awards Value
£570,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
29 Jan 20263 weeks ago
Submission Deadline
30 Oct 2025Expired
Future Notice Date
28 May 2025Expired
Award Date
29 Jan 20263 weeks ago
Contract Period
1 Mar 2026 - 28 Feb 2029 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF LINCOLN
Contact Name
Jena Arnold
Contact Email
jarnold@lincoln.ac.uk
Contact Phone
Not specified

Buyer Location

Locality
LINCOLN
Postcode
LN2 2LG
Post Town
Lincoln
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF3 Lincolnshire
Small Region (ITL 3)
TLF30 Lincolnshire CC
Delivery Location
TLF3 Lincolnshire

Local Authority
West Lindsey
Electoral Ward
Nettleham
Westminster Constituency
Gainsborough

Supplier Information

Number of Suppliers
1
Supplier Name

HAYSMAC

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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