This public procurement record has 3 releases in its history.

Award

05 May 2026 at 00:00

Tender

12 Feb 2026 at 00:00

Planning

26 Jan 2026 at 00:00

Summary of the contracting process

This procurement process involves SRUC, a tertiary education institution based in Edinburgh, aiming to appoint a service provider for external audit services. The contract falls under the 'Higher Education, Further Education, Research and Consultancy' category, with a focus on providing financial audit opinions for SRUC's group companies. The process followed an open procurement method, and the current stage is the award, as of 5th May 2026, with the contract signed on this date. The tender was initially advertised with a submission deadline on 17th March 2026, and the overall contract value is approximately GBP 515,175.

This tender presents opportunities for firms specialising in financial auditing, especially those familiar with higher education and public sector audits. The successful supplier, RSM UK Audit LLP, highlights the competitive nature of this field. Companies with strong organisational experience, robust contract management skills, and the ability to meet high compliance standards would find this type of contract beneficial for expanding their services within the education sector. With SRUC's involvement in research and consultancy, there is potential for continuous collaboration and growth through further audit and advisory roles.

How relevant is this notice?

Notice Title

External Audit Services

Notice Description

SRUC is a distinctive tertiary education institution with a national mission to support Scotland's rural economy and address global challenges in food, nutrition , and environmental sustainability. Operating across education, research, and consultancy, SRUC plays a unique role at the intersection of academic excellence, applied research, and industry engagement. SRUC seek to appoint a service provider to deliver external audit services to SRUC which will include: 1. Provide an opinion on the financial statements of the SRUC group of companies, in line with Company Law, Financial Reporting Standard 102 (FRS102), The Charities and Trustee Investment (Scotland) Act 2005, Regulation 8 of the Charities Accounts (Scotland) and the Statement of Recommended Practice (SORP) relating to Higher Education Institutions; 2. Provide an opinion, where required, to be included in the independent auditor's report to the SRUC Board regarding SRUC's various funding streams and their use (including, but not limited to funds received from the Scottish Government, and the Scottish Funding Council). The wording of this opinion must meet any requirements of Financial Memoranda or contracts; 3. Provide reports (including the auditor's report to those charged with governance and management letter) to senior management and the SRUC Audit and Risk Committee. This requirement includes attendance and presentation of reports and findings at Committee meetings.

Lot Information

Lot 1

Full details can be found in Schedule 2 of the Invitation to Tender document.

Renewal: The contract will commence on or around 13 April 2026 for a period of 36 months, with the possibility of two extensions of 12 months by mutual agreement, unless the contract is terminated earlier, in accordance with the provisions of the Terms and Conditions of Contract as noted in Schedule 9 of this tender.

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000821695
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY555128
Current Stage
Award
All Stages
Planning, 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

79210000 - Accounting and auditing services

79212000 - Auditing services

79212100 - Financial auditing services

79212300 - Statutory audit services

Notice Value(s)

Tender Value
£450,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£515,175 £500K-£1M

Notice Dates

Publication Date
5 May 20261 months ago
Submission Deadline
17 Mar 2026Expired
Future Notice Date
16 Feb 2026Expired
Award Date
5 May 20261 months ago
Contract Period
Not specified - Not specified
Recurrence
Every 3 to 5 years

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
SRUC
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
EH9 3JG
Post Town
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
Southside/Newington
Westminster Constituency
Edinburgh South

Supplier Information

Number of Suppliers
1
Supplier Name

RSM UK AUDIT

Further Information

Notice Documents

  • https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=FEB549480&idx=2
    12th February 2026 - SRUC 27301 Schedule 9 Terms and Conditions of Contract
  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JAN548052
    External Audit Services - SRUC is a distinctive tertiary education institution with a national mission to support Scotland's rural economy and address global challenges in food, nutrition , and environmental sustainability. Operating across education, research, and consultancy, SRUC plays a unique role at the intersection of academic excellence, applied research, and industry engagement. SRUC seek to appoint a service provider to deliver external audit services to SRUC which will include: 1. Provide an opinion on the financial statements of the SRUC group of companies, in line with Company Law, Financial Reporting Standard 102 (FRS102), The Charities and Trustee Investment (Scotland) Act 2005, Regulation 8 of the Charities Accounts (Scotland) and the Statement of Recommended Practice (SORP) relating to Higher Education Institutions; 2. Provide an opinion, where required, to be included in the independent auditor's report to the SRUC Board regarding SRUC's various funding streams and their use (including, but not limited to funds received from the Scottish Government, and the Scottish Funding Council). The wording of this opinion must meet any requirements of Financial Memoranda or contracts; 3. Provide reports (including the auditor's report to those charged with governance and management letter) to senior management and the SRUC Audit and Risk Committee. This requirement includes attendance and presentation of reports and findings at Committee meetings. Prior to the issue of the Invitation to Tender for this opportunity, SRUC shall be holding an on-line "Meet the Buyer" event on 11 February 2026 from 10.00 - 10.30. At this meeting we will provide an overview of SRUC and the procurement process. If you are interested in attending this event please email procurement@sruc.ac.uk and quote "External Audit Ref.27301" in the title of your email. Please provide the email address of the representative(s) who you wish to attend, and an invite shall be issued. Due to time constraints, this shall be the only pre-tender meeting that SRUC will be hosting. It is anticipated that any resulting contract will operate for an initial period of 36 months, with the possibility of two extensions of 12 months, by mutual agreement.
  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB549480
    External Audit Services - SRUC is a distinctive tertiary education institution with a national mission to support Scotland's rural economy and address global challenges in food, nutrition , and environmental sustainability. Operating across education, research, and consultancy, SRUC plays a unique role at the intersection of academic excellence, applied research, and industry engagement. SRUC seek to appoint a service provider to deliver external audit services to SRUC which will include: 1. Provide an opinion on the financial statements of the SRUC group of companies, in line with Company Law, Financial Reporting Standard 102 (FRS102), The Charities and Trustee Investment (Scotland) Act 2005, Regulation 8 of the Charities Accounts (Scotland) and the Statement of Recommended Practice (SORP) relating to Higher Education Institutions; 2. Provide an opinion, where required, to be included in the independent auditor's report to the SRUC Board regarding SRUC's various funding streams and their use (including, but not limited to funds received from the Scottish Government, and the Scottish Funding Council). The wording of this opinion must meet any requirements of Financial Memoranda or contracts; 3. Provide reports (including the auditor's report to those charged with governance and management letter) to senior management and the SRUC Audit and Risk Committee. This requirement includes attendance and presentation of reports and findings at Committee meetings. Full details can be found in Schedule 2 of the attached Invitation to Tender document. It is anticipated that any resulting contract will operate for an initial period of 36 months, with the possibility of two extensions of 12 months, by mutual agreement.
  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY555128
    External Audit Services - SRUC is a distinctive tertiary education institution with a national mission to support Scotland's rural economy and address global challenges in food, nutrition , and environmental sustainability. Operating across education, research, and consultancy, SRUC plays a unique role at the intersection of academic excellence, applied research, and industry engagement. SRUC seek to appoint a service provider to deliver external audit services to SRUC which will include: 1. Provide an opinion on the financial statements of the SRUC group of companies, in line with Company Law, Financial Reporting Standard 102 (FRS102), The Charities and Trustee Investment (Scotland) Act 2005, Regulation 8 of the Charities Accounts (Scotland) and the Statement of Recommended Practice (SORP) relating to Higher Education Institutions; 2. Provide an opinion, where required, to be included in the independent auditor's report to the SRUC Board regarding SRUC's various funding streams and their use (including, but not limited to funds received from the Scottish Government, and the Scottish Funding Council). The wording of this opinion must meet any requirements of Financial Memoranda or contracts; 3. Provide reports (including the auditor's report to those charged with governance and management letter) to senior management and the SRUC Audit and Risk Committee. This requirement includes attendance and presentation of reports and findings at Committee meetings.

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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            "dateSigned": "2026-05-05T00:00:00Z"
        }
    ],
    "bids": {
        "statistics": [
            {
                "id": "136",
                "measure": "bids",
                "value": 4,
                "relatedLot": "1"
            },
            {
                "id": "137",
                "measure": "smeBids",
                "value": 2,
                "relatedLot": "1"
            },
            {
                "id": "138",
                "measure": "foreignBidsFromEU",
                "value": 0,
                "relatedLot": "1"
            },
            {
                "id": "139",
                "measure": "foreignBidsFromNonEU",
                "value": 0,
                "relatedLot": "1"
            },
            {
                "id": "140",
                "measure": "electronicBids",
                "value": 4,
                "relatedLot": "1"
            }
        ]
    }
}