Award

External Audit Services

UNIVERSITY OF LINCOLN

This public procurement record has 4 releases in its history.

Award

06 Mar 2026 at 11:02

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 has completed the procurement process for its External Audit Services, awarding a contract to HaysMac LLP. This procurement, identified as award ID 020280-2026, falls under the industry category of services, specifically auditing and financial auditing. The three-year contract, with a potential extension of up to two years, commenced on 1st March 2026. The procurement was conducted using an open procedure, ensuring competitiveness and transparency. Located in Lincoln, UK, the University serves as a sub-central government buying organisation, making this opportunity significant in terms of public service impact. As the contract has been signed and is active, HaysMac LLP will provide statutory audits and other financial assessment services through February 2029.

This tender creates numerous opportunities for businesses providing auditing services, particularly those with experience in statutory audits and financial assessments. The procurement process, which initially attracted a competitive pool of bidders, highlights a favourable environment for well-established audit firms to compete for the business. The contract awarded to HaysMac LLP underscores the potential for large-scale firms to secure and deliver substantial government contracts. Future tender announcements could benefit auditing organisations looking to expand their market presence and enhance their reputation in publicly funded sectors. Firms in auditing services can distinguish themselves through aspects like price, method statements, and presentations during evaluations, opening pathways for strategic growth in the financial services industry.

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Notice Title

External Audit Services

Notice Description

This is a Contract Details 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 has awarded HaysMac LLP a 3 year contract with the option of 2 x 12 month extension periods.

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/020280-2026
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
UK7 - Contract Details 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
£570,000 £500K-£1M

Notice Dates

Publication Date
6 Mar 20261 months ago
Submission Deadline
30 Oct 2025Expired
Future Notice Date
28 May 2025Expired
Award Date
29 Jan 20262 months 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
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF LINCOLN
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

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

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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