---
title: "(NU/1218) The Provision of External Audit Services"
ocid: "ocds-b5fd17-bf765b53-30e1-4b19-96c4-c6cf8adcb1d1"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-bf765b53-30e1-4b19-96c4-c6cf8adcb1d1"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-bf765b53-30e1-4b19-96c4-c6cf8adcb1d1.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-bf765b53-30e1-4b19-96c4-c6cf8adcb1d1.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NEWCASTLE UNIVERSITY"
published: "2017-03-03"
---

# (NU/1218) The Provision of External Audit Services

Buyer: NEWCASTLE UNIVERSITY  
Current stage: Award  
OCID: ocds-b5fd17-bf765b53-30e1-4b19-96c4-c6cf8adcb1d1

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## Summary

The procurement process involved Newcastle University, which sought to appoint an external auditor for various statutory audit services, including those for UK subsidiaries and joint venture partnerships. The tender, titled "(NU/1218) The Provision of External Audit Services," was completed with a total contract value of £400,000. The procurement method was classified as 'Other,' and the contract duration spanned from 9 December 2016 to 31 July 2018. The primary location for the service delivery was in the North East region of the United Kingdom, with the tender period concluding on 31 October 2016.

This external audit opportunity can facilitate substantial growth potential for businesses specialising in accounting and auditing services. Small and medium enterprises (SMEs) with expertise in auditing, particularly those experienced in statutory audits and working with educational institutions, are well-positioned to compete for similar contracts in the future. Businesses with the capability to qualify for UK joint ventures and those who can navigate international audit requirements may find an advantage in bidding for such contracts, enhancing their market presence within the public sector.

## Notice

The University wishes to appoint an external auditor. The requirements include, but are not necessarily limited to the following areas: Statutory audit of the University, including group consolidation of UK and overseas subsidiaries Statutory audit of UK subsidiaries Statutory audit of joint venture partnerships Pricing for subsidiaries in Singapore and Malaysia, the appointments for which are a matter for the relevant company board and AGM, subject to consent from the University Pricing for annual certification for European Investment Bank loan

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/8ea3b5b8-4fc4-40fc-a878-4010e7a4b8cd |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 3 Mar 2017 |
| Submission deadline | 31 Oct 2016 |
| Future notice date | Not specified |
| Award date | 8 Dec 2016 |
| Contract period | 9 Dec 2016 - 31 Jul 2018 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £450,000 |
| Lots value | Not specified |
| Awards value | £400,000 |
| 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 | NEWCASTLE UNIVERSITY |
| Locality | NEWCASTLE UPON TYNE |
| Post town | Newcastle upon Tyne |
| Postcode | NE1 8AF |
| Country | England |
| ITL 1 | TLC North East (England) |
| ITL 2 | TLC4 Northumberland, Durham and Tyne & Wear |
| ITL 3 | TLC43 Tyneside |
| Local authority | Newcastle upon Tyne |
| Electoral ward | Monument |
| Westminster constituency | Newcastle upon Tyne Central and West |
| Delivery location | TLC North East (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ERNST & YOUNG |

## CPV Codes

### Divisions

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

### Codes

- 79200000 - Accounting, auditing and fiscal services

## Release History

- 3 Mar 2017 at 11:46 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/8ea3b5b8-4fc4-40fc-a878-4010e7a4b8cd

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/8ea3b5b8-4fc4-40fc-a878-4010e7a4b8cd
  3rd March 2017 - 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-bf765b53-30e1-4b19-96c4-c6cf8adcb1d1. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-bf765b53-30e1-4b19-96c4-c6cf8adcb1d1.json.