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EC0973 - Financial Auditing - Research Grants

The University of Edinburgh

This public procurement record has 3 releases in its history.

Award

10 Oct 2022 at 01:00

OJEU - F3 - Contract Award Notice
Tender

14 Jun 2022 at 01:00

OJEU - F2 - Contract Notice
Planning

21 Apr 2022 at 01:00

OJEU - F1 - Prior Information Notice
Summary of the contracting process

The University of Edinburgh has awarded a contract for Financial Auditing services for Research Grants to LEES Accountants. The tender title is EC0973 - Financial Auditing - Research Grants. The procurement method used is an open procedure in the services category. The University's address is Charles Stewart House, 9-16 Chambers Street, Edinburgh, UK. The deadline for the tender was in 2022, and the contract was signed on 7th October 2022.

This tender provides opportunities for accounting firms like LEES Accountants to grow their business by providing financial auditing services. Businesses experienced in auditing services for research grants, especially in the education sector, would be well-suited to compete in this procurement. The University of Edinburgh, as the buyer, has outlined specific criteria for quality and price in evaluating bids for the tender.

How relevant is this notice?

Notice Information

Notice Title

EC0973 - Financial Auditing - Research Grants

Notice Description

Financial Auditing services for Research Grants.

Lot Information

EC grants Audits

Lot 1 - EC grants Audits The University of Edinburgh has around 215 European Commission live research projects with end dates after 2022 as either co-ordinator or partner. In addition, it is anticipated that the University will be participating in Horizon Europe and the audits will start, depending on their end date and their value after two years from now.

Renewal: 3 years with the option to extend for a further 1 plus 1 years

International grants Audits

Lot 2 - International grants Audits (US Federal grants, Gates Foundation grants and any other international grants audits as per the T&C of the funders) The University of Edinburgh has around 380 International live research grants with end dates after 2022. We need to have an annual US NIH Federal audit of our NIH federal grants as the threshold of $750k is exceeded. In addition, other International funders require audits as per their T&C, including the annual Gates Foundation audit.

Renewal: 3 years with the option to extend for a further 1 plus 1 years

UK grants Audit

Lot 3 - UK grants Audits (Innovate UK grants and any other UK grants audits as per the T&C of the funders) The University of Edinburgh has around 25 Innovate UK live research grants with end dates after 2022. Independent Accountant's Reports (IARs) are required for all awards above a 25,000 GPB threshold.

Renewal: 3 years with the option to extend for a further 1 plus 1 years

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000690894
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT461278
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
OJEU - F3 - Contract Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79212100 - Financial auditing services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£680,000 £500K-£1M

Notice Dates

Publication Date
10 Oct 20223 years ago
Submission Deadline
15 Jul 2022Expired
Future Notice Date
25 May 2022Expired
Award Date
7 Oct 20223 years ago
Contract Period
14 Nov 2022 - 13 Nov 2025 3-4 years
Recurrence
2026

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
The University of Edinburgh
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
EDINBURGH
Postcode
EH1 1HT
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
City Centre
Westminster Constituency
Edinburgh East and Musselburgh

Supplier Information

Number of Suppliers
1
Supplier Name

LEES Accountants

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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