---
title: "359 - External Audit Services"
ocid: "ocds-b5fd17-710513a7-84cd-456c-ad03-ec148ea680a5"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-710513a7-84cd-456c-ad03-ec148ea680a5"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-710513a7-84cd-456c-ad03-ec148ea680a5.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-710513a7-84cd-456c-ad03-ec148ea680a5.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "UNIVERSITY OF LINCOLN"
published: "2022-02-16"
---

# 359 - External Audit Services

Buyer: UNIVERSITY OF LINCOLN  
Current stage: Tender  
OCID: ocds-b5fd17-710513a7-84cd-456c-ad03-ec148ea680a5

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## Summary

The University of Lincoln is currently seeking external audit services through an open tender process. This procurement is categorised under financial auditing services (CPV code: 79212100) and involves a contract with a total value of £500,000. The contract is set to commence in July 2022 and will last for three years, with the possibility of extension for up to two additional years. Bids for this tender must be submitted by 11:00 AM on 23rd March 2022, with the auditing services required to include statutory audits and compliance check reports for specific financial returns.

This tender presents valuable opportunities for businesses specialising in financial auditing services, particularly those with expertise in the higher education sector. Consultancy firms and auditors capable of delivering comprehensive statutory audit reports and financial compliance assessments would be well-suited to respond. Firms that also possess experience working with governmental financial standards, such as those relevant to US federal loans and pension schemes, can leverage this opportunity to expand their portfolio and foster growth within the education sector.

## Notice

The University is seeking to appoint External auditors who have in-depth knowledge and experience of the Higher Education (HE) Sector. The Contract will run for a period of 3 years commencing c. July 2022. There will be an option for the University to extend the Contract by two further periods of 12 months until June 2027. The services are to include: * Provision of a statutory audit of the Group financial statements initially for year ending 31 July 2022, in accordance with applicable auditing standards. * Produce Audit findings report for Senior Management, the Governing Body and the Office for Students (OfS). * Identify process and control improvements and make recommendations to Senior Management. * Audit and sign-off of the US Federal Loan Return in accordance with US Department of Education requirements. * Audit and sign-off of the Teacher's Pension Scheme (TPS) return in accordance with TPS requirements. * Audit and sign-off of financial covenant calculations.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/5cfe64a8-f7b1-4757-83cd-4a08fc2ca2e5 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 16 Feb 2022 |
| Submission deadline | 23 Mar 2022 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 30 Jun 2022 - 30 Jun 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £500,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Active |
| Lots status | Not specified |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | UNIVERSITY OF LINCOLN |
| Locality | LINCOLN |
| Post town | Lincoln |
| Postcode | LN6 7TS |
| Country | England |
| ITL 1 | TLF East Midlands (England) |
| ITL 2 | TLF3 Lincolnshire |
| ITL 3 | TLF30 Lincolnshire CC |
| Local authority | Lincoln |
| Electoral ward | Boultham |
| Westminster constituency | Lincoln |
| Delivery location | TLF East Midlands (England) |

## CPV Codes

### Divisions

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

### Codes

- 79212100 - Financial auditing services

## Release History

- 16 Feb 2022 at 10:55 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/5cfe64a8-f7b1-4757-83cd-4a08fc2ca2e5

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/5cfe64a8-f7b1-4757-83cd-4a08fc2ca2e5
  16th February 2022 - Opportunity notice on Contracts Finder
- https://www.delta-esourcing.com/tenders/UK-UK-Lincoln:-Financial-auditing-services./554P9P2DK8
  Please follow this link to view the notice.

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-710513a7-84cd-456c-ad03-ec148ea680a5. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-710513a7-84cd-456c-ad03-ec148ea680a5.json.