Tender

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

External Audit - Queen Margaret University

Queen Margaret University

This public procurement record has 1 release in its history.

Tender

16 Jun 2026 at 01:00

OJEU - F2 - Contract Notice
Summary of the contracting process

Queen Margaret University, located in Musselburgh, Scotland, is seeking to procure external audit services through an open procedure. The procurement process, titled "External Audit - Queen Margaret University," falls under the Education industry category, with the primary location for the services being the university itself in Musselburgh. The procurement is currently at the tender stage, with the submission deadline set for 17 July 2026. Businesses are invited to submit their proposals electronically via the specified portal. The contract is intended to cover a three-year term, with the possibility of two additional one-year extensions, focusing on auditing the university and its associated entities.

This tender presents an excellent opportunity for auditing firms specialising in education sector audits to expand their portfolio and secure a long-term client relationship. The structured evaluation criteria, which prioritise technical quality (70%) over price (30%), suggest that firms with robust technical capabilities and previous experience in handling educational audits would be well-positioned to compete successfully. The procurement process allows businesses to capitalise on a stable opportunity that assures repeat business possibilities and engagement with an esteemed educational institution, aiding in business growth and sectoral credibility.

How relevant is this notice?

Notice Information

Notice Title

External Audit - Queen Margaret University

Notice Description

Queen Margaret University is seeking a company to supply External Audit Services

Lot Information

Lot 1

The University is seeking to appoint an External Audit firm to undertake the full statutory audits in respect of: Queen Margaret University, and QMU Enterprises Ltd. It should be noted that the University is an equal partner in a joint venture with East Lothian Council, The Edinburgh Innovation Park Joint Venture Company Ltd. While the External Auditor will not be required to conduct the audit of the joint venture, it will be required to be considered as part of the group. The University's financial year runs each year from 1 August to 31 July. The University expects to appoint the successful bidder for an initial three year term, in order that they can complete the FY 2026/27, FY 2027/28, and FY 2028/29 annual year-end audit. There is a possibility of extension of a further two year extensions in one year increments, subject to mutual agreement and satisfactory performance. The University is required to submit its annual accounts to the Scottish Funding Council by 31 December each year, and as such the successful applicant will be required to conduct their work such that this can achieved.. 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: option to extend for up to 24 months

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000834767
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN558090
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
OJEU - F2 - Contract Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

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

79212300 - Statutory audit services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
16 Jun 20262 months ago
Submission Deadline
17 Jul 2026Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
5 years after date of award

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Queen Margaret 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
MUSSELBURGH
Postcode
EH21 6UU
Postcode Area
Edinburgh
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM1 East Central Scotland
Small Region (ITL 3)
TLM11 East Lothian and Midlothian
Delivery Location
TLM75 City of Edinburgh
Local Authority
East Lothian
Electoral Ward
Musselburgh
Westminster Constituency
Edinburgh East and Musselburgh

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.

Loading OCDS record...