--- title: "EC0973 - Financial Auditing - Research Grants" ocid: "ocds-h6vhtk-034626" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-034626" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-034626.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-034626.json" source: "Find A Tender Service" current_stage: "Tender" buyer: "THE UNIVERSITY OF EDINBURGH" published: "2022-06-14" --- # EC0973 - Financial Auditing - Research Grants Buyer: THE UNIVERSITY OF EDINBURGH Current stage: Tender OCID: ocds-h6vhtk-034626 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-034626) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-034626.json) ## Summary The University of Edinburgh is currently seeking submissions for their tender titled "EC0973 - Financial Auditing - Research Grants," which falls under the category of financial auditing services. This procurement is set within the UK's educational sector and is in the active planning stage, with submissions due by 15 July 2022. The contract period is expected to commence on 14 November 2022 and will run until 13 November 2025, with potential extensions available. Proposals should be submitted electronically via PCS-Tender, and community benefits considerations are integrated into this procurement process. This tender presents significant opportunities for auditing firms specialised in financial services, particularly those with experience in managing European Commission or international grant audits. Companies that have a solid track record in providing comprehensive audit services for research grants, especially those involving federal or international funding, would be well-positioned to compete. As the University of Edinburgh has multiple ongoing research projects, successful bidders can expect further contracts and a potential long-term relationship with a prestigious institution. This is an excellent chance for auditing professionals to expand their market presence and contribute to the university's research initiatives. ## Notice The University of Edinburgh is looking for tender submissions from suitably experienced organisations interested in providing Financial Auditing services for Research Grants. ### Lot Information EC grants Audits Lot 1 - EC grants Audits The University of Edinburgh has around 215 European Commission live research projects with end dates after 2022 as either co-ordinator or partner. In addition, it is anticipated that the University will be participating in Horizon Europe and the audits will start, depending on their end date and their value after two years from now. Renewal: 3 years with the option to extend for a further 1 plus 1 years International grants Audits Lot 2 - International grants Audits (US Federal grants, Gates Foundation grants and any other international grants audits as per the T&C of the funders) The University of Edinburgh has around 380 International live research grants with end dates after 2022. We need to have an annual US NIH Federal audit of our NIH federal grants as the threshold of $750k is exceeded. In addition, other International funders require audits as per their T&C, including the annual Gates Foundation audit. Renewal: 3 years with the option to extend for a further 1 plus 1 years UK grants Audit Lot 3 - UK grants Audits (Innovate UK grants and any other UK grants audits as per the T&C of the funders) The University of Edinburgh has around 25 Innovate UK live research grants with end dates after 2022. Independent Accountant's Reports (IARs) are required for all awards above a 25,000 GPB threshold. Renewal: 3 years with the option to extend for a further 1 plus 1 years ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/016257-2022 | | Notice type | Tender Notice | | Procurement type | Framework | | 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 | 14 Jun 2022 | | Submission deadline | 15 Jul 2022 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 14 Nov 2022 - 13 Nov 2025 | | Recurrence | 2026 | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Active | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | THE UNIVERSITY OF EDINBURGH | | Locality | EDINBURGH | | Post town | Edinburgh | | Postcode | EH1 1HT | | Country | Scotland | | ITL 1 | TLM Scotland | | ITL 2 | TLM1 East Central Scotland | | ITL 3 | TLM13 City of Edinburgh | | Local authority | City of Edinburgh | | Electoral ward | City Centre | | Westminster constituency | Edinburgh East and Musselburgh | | Delivery location | TLM75 City of Edinburgh | ## CPV Codes ### Divisions - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 79212100 - Financial auditing services ## Release History - 14 Jun 2022 at 11:26 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/016257-2022 ## Notice URLs - http://www.ed.ac.uk/schools-departments/procurement/supplying - http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2343 - https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000690894 - https://ted.europa.eu/udl?uri=TED:NOTICE:690894-2022:TEXT:EN:HTML - https://www.gov.scot/policies/public-sector-procurement/community-benefits-in-procurement/ - https://www.publiccontractsscotland.gov.uk/search/Search_AuthProfile.aspx?ID=AA00107 - https://www.publictendersscotland.publiccontractsscotland.gov.uk - https://www.scotcourts.gov.uk/the-courts/court-locations/edinburgh-sheriff-court-and-justice-of-the-peace-court ## 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-h6vhtk-034626. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-034626.json.