---
title: "Internal Audit"
ocid: "ocds-b5fd17-a6f597d5-4e15-4345-847a-e93b60711268"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-a6f597d5-4e15-4345-847a-e93b60711268"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-a6f597d5-4e15-4345-847a-e93b60711268.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-a6f597d5-4e15-4345-847a-e93b60711268.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "UNIVERSITY OF SOUTHAMPTON"
published: "2024-07-25"
---

# Internal Audit

Buyer: UNIVERSITY OF SOUTHAMPTON  
Current stage: Award  
OCID: ocds-b5fd17-a6f597d5-4e15-4345-847a-e93b60711268

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## Summary

The University of Southampton has concluded the tender process for the provision of internal audit services, under its procurement ID 2022UoS-0448. This procurement falls within the services category, specifically classified under internal audit services (CPV 79212200). The contract has been awarded to KPMG Audit PLC, covering all areas of the University group to deliver independent assurance on financial and related control arrangements, including risk management, data assurance, and value for money delivery. The contract period runs from 31 July 2024 to 30 July 2027, with the financial value of the contract standing at £519,630.76 GBP. The procurement was conducted using a selective method, involving a call-off from a framework agreement.

For businesses specialising in internal auditing, especially SMEs and VCSEs, this tender represents a significant opportunity to showcase their expertise in risk management, governance, and data assurance within the higher education sector. The University of Southampton’s focus on comprehensive internal control and value for money makes this an ideal contract for firms that excel in delivering rigorous audit services and strategic insights. Businesses that can offer extensive experience in the academic sector will particularly benefit from engaging in such high-value and impactful work.

## Notice

The University of Southampton is inviting tenders for the provision of internal audit services. The successful firm will take up its appointment on 1 August 2024 in respect of the financial year ending 31 July 2025. The appointment will be made in accordance with the terms and conditions of funding for higher education institutions between the Office for Students.[1] The internal audit service provided by the successful Supplier will deliver independent assurance to the University on all financial and related control arrangements, including risk management, data assurance and value for money delivery. All areas of the University group are to be covered. The Supplier will evaluate and annually report to management on the adequacy and effectiveness of the University arrangements for: Risk management, control and governance Economy, efficiency and effectiveness (VFM) The management and quality assurance of data

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/5776a08a-a90d-458a-8ace-b139bc817035 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME, VCSE |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 25 Jul 2024 |
| Submission deadline | 8 Mar 2024 |
| Future notice date | Not specified |
| Award date | 17 Jul 2024 |
| Contract period | 30 Jul 2024 - 30 Jul 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £519,630 |
| Lots value | Not specified |
| Awards value | £519,630 |
| Contracts value | Not specified |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | UNIVERSITY OF SOUTHAMPTON |
| Locality | SOUTHAMPTON |
| Post town | Southampton |
| Postcode | SO17 1BJ |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ3 Hampshire and Isle of Wight |
| ITL 3 | TLJ32 Southampton |
| Local authority | Southampton |
| Electoral ward | Portswood |
| Westminster constituency | Southampton Test |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | KPMG AUDIT |

## CPV Codes

### Divisions

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

### Codes

- 79212200 - Internal audit services

## Release History

- 25 Jul 2024 at 13:40 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/5776a08a-a90d-458a-8ace-b139bc817035

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/5776a08a-a90d-458a-8ace-b139bc817035
  25th July 2024 - Awarded contract notice on Contracts Finder

## 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-a6f597d5-4e15-4345-847a-e93b60711268. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-a6f597d5-4e15-4345-847a-e93b60711268.json.