This public procurement record has 2 releases in its history.

Award

05 Aug 2026 at 09:39

Award

27 Mar 2026 at 16:41

Summary of the contracting process

Buckinghamshire New University, located in High Wycombe, has completed the procurement process for the provision of external audit services. The direct award was given to KPMG LLP, a large supplier based in London, aiming to ensure continuity and maintain audit quality without market disruption. This tender falls under the services category and was conducted under the legal basis ID 2023/54 with a direct procurement method. The initial contract period is from 17 August 2026 to 1 February 2027, with the award date being March 24, 2026. The procurement covers the delivery across multiple UK regions, emphasising the comprehensive reach of services required.

This contract presents growth opportunities for businesses specialising in auditing services, particularly those with experience in public sector engagements and financial compliance. While the contract was directly awarded to KPMG due to their established knowledge and efficiency in serving the University, similar businesses could benefit by preparing for future competitive procurement exercises. Companies that are capable of delivering high-quality audit assessments and willing to engage in educational sector projects will find such tenders promising for expanding their portfolio in public sector work.

How relevant is this notice?

Notice Title

The Provision of External Audit Services

Notice Description

Buckinghamshire New University intends to renew its current contract for the provision of external audit services.

Procurement Information

The University is committed to maintaining a robust programme of external audits, delivered by a suitably sector qualified and experienced supplier, to provide independent examination of its financial statements and regulatory compliance reporting. The incumbent supplier has consistently demonstrated value for money and efficiency, supported by their accumulated knowledge of the University's operations. Returning to the market in the current time (market volatility and documented limited capacity in the market) stage would not only incur significant cost increases but also create operational risk through loss of efficiency and additional onboarding requirements part-way through the current audit cycle. To ensure continuity of service and maintain the integrity of the University's external audit requirements, a limited direct award (initial 12 months with an option to extend by a further 12 months (if required)) to the incumbent supplier is therefore recommended. This approach will avoid disruption, sustain statutory external audit quality, and provide a stable platform from which the University will be able to undertake a new competitive procurement exercise before the commencement of the next audit cycle.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-067712
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/074038-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK6 - Contract Award 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

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£394,200 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
5 Aug 2026Today
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
24 Mar 20264 months ago
Contract Period
16 Aug 2026 - 1 Feb 2027 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
BUCKINGHAMSHIRE NEW UNIVERSITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
HIGH WYCOMBE
Postcode
HP11 2JZ
Post Town
Hemel Hempstead
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ1 Berkshire, Buckinghamshire and Oxfordshire
Small Region (ITL 3)
TLJ13 Buckinghamshire
Delivery Location
Not specified

Local Authority
Buckinghamshire
Electoral Ward
Abbey
Westminster Constituency
Wycombe

Supplier Information

Number of Suppliers
1
Supplier Name

KPMG

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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