This public procurement record has 2 releases in its history.

Award

24 Jun 2019 at 01:00

Tender

21 Mar 2019 at 00:00

Summary of the contracting process

Heriot Watt University in Riccarton, Edinburgh, has initiated a tender for Internal Audit Services, classified under the education sector. The procurement method is an open procedure, and the tender period is set to end on 25 April 2019 at 12:00. This process is crucial for the University in accordance with its Financial Memorandum with the Scottish Funding Council, aiming to appoint Internal Auditors who will perform independent appraisals of the University's activities. The contract value is estimated at £450,000, and the award period will commence after the tender submission deadline.

This tender represents a significant opportunity for businesses specialising in audit and compliance services. Companies with strong capabilities in risk assessment, quality management, and financial audit are well-positioned to compete. Bidders should note the emphasis on past experience and financial stability, as evidence of previous successful contract delivery and robust insurance coverage is required. Engaging in this tender can enhance the growth of firms within the auditing sector while fostering long-term partnerships with educational institutions like Heriot Watt University.

How relevant is this notice?

Notice Title

Internal Audit Services

Notice Description

In accordance with its Financial Memorandum with the Scottish Funding Council, the University has a requirement to appoint Internal Auditors. The Internal Audit Service is responsible for conducting an independent appraisal of all the University's activities following a risk-based approach.

Lot Information

Lot 1

In accordance with its Financial Memorandum with the Scottish Funding Council, the University has a requirement to appoint Internal Auditors. The Internal Audit Service is responsible for conducting an independent appraisal of all the University's activities following a risk-based approach.. Economic operators may be excluded from this competition if they are in any of the situations referred to in regulation 58 of the Public Contracts (Scotland) Regulations 2015.

Renewal: 2 x 1-year options to extend

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000578277
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN358463
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
OJEU - F3 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open 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

79212200 - Internal audit services

Notice Value(s)

Tender Value
£450,000 £100K-£500K
Lots Value
£450,000 £100K-£500K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
24 Jun 20197 years ago
Submission Deadline
25 Apr 2019Expired
Future Notice Date
Not specified
Award Date
28 May 20197 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
Heriot Watt 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
RICCARTON, EDINBURGH
Postcode
EH14 4AP
Postcode Area
Edinburgh
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM1 East Central Scotland
Small Region (ITL 3)
TLM13 City of Edinburgh
Delivery Location
TLM75 City of Edinburgh

Local Authority
City of Edinburgh
Electoral Ward
Pentland Hills
Westminster Constituency
Edinburgh South West

Supplier Information

Number of Suppliers
1
Supplier Name

RSM

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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