---
title: "LU00828 - Provision of External Audit Services"
ocid: "ocds-h6vhtk-03926c"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-03926c"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-03926c.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-03926c.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "LOUGHBOROUGH UNIVERSITY"
published: "2023-05-11"
---

# LU00828 - Provision of External Audit Services

Buyer: LOUGHBOROUGH UNIVERSITY  
Current stage: Award  
OCID: ocds-h6vhtk-03926c

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## Summary

Loughborough University has completed a procurement process for the provision of external audit services. The contract, awarded to KPMG LLP, is valued at £1,598,080 and was signed on 4th April 2023. The tender involved one lot and falls under the services category. The contract, being for an initial 5-year period with a possible extension, covers Leicestershire, Rutland, and Northamptonshire regions.

This tender by Loughborough University presents opportunities for business growth, particularly for auditing firms or companies providing financial services. As the procurement stage has been completed, businesses with experience in providing high-quality auditing services are well-suited to compete. The nature of the tender, focusing on quality and cost criteria, indicates a preference for suppliers with expertise in financial auditing services. Businesses looking to expand their portfolio in the audit sector should consider engaging with Loughborough University for potential future opportunities.

## Notice

Provision of External Audit Service

### Lot Information

Lot 1

You are invited to tender for the provision of an External Audit Service to Loughborough University. The Contract will be for an initial 5-year period with an option to extend for a further period of up to 24 months, up to a maximum contract length of seven years. The contract will be reviewed following delivery of audit services on an annual basis. Any contract extension will be dependent on satisfactory supplier performance, continued business need and availability of funding and is in any case awarded at the sole discretion of the University. The University's requirements can be found in Section 3 of this ITT. This Invitation to Tender is following the open procedure under PCR2015 The resulting contract will not be divided into Lots and the University is seeking a single supplier to undertake all requirements. Additional information: To respond to this opportunity please click here: https://www.delta-esourcing.com/respond/C5MY26EDE2

Renewal: As per Contract Documentation

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/013410-2023 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 11 May 2023 |
| Submission deadline | 31 Jan 2023 |
| Future notice date | Not specified |
| Award date | 3 Apr 2023 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £750,000 |
| Lots value | £750,000 |
| Awards value | Not specified |
| Contracts value | £1,598,080 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | LOUGHBOROUGH UNIVERSITY |
| Locality | LOUGHBOROUGH |
| Post town | Leicester |
| Postcode | LE11 3TU |
| Country | England |
| ITL 1 | TLF East Midlands (England) |
| ITL 2 | TLF2 Leicestershire, Rutland and Northamptonshire |
| ITL 3 | TLF22 Leicestershire CC and Rutland |
| Local authority | Charnwood |
| Electoral ward | Loughborough Ashby |
| Westminster constituency | Loughborough |
| Delivery location | TLF2 Leicestershire, Rutland and Northamptonshire |

## Supplier

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

## CPV Codes

### Divisions

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

### Codes

- 79200000 - Accounting, auditing and fiscal services
- 79210000 - Accounting and auditing services
- 79212000 - Auditing services
- 79212100 - Financial auditing services

## Release History

- 11 May 2023 at 09:05 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/013410-2023
- 19 Dec 2022 at 14:05 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/035847-2022

## Notice URLs

- https://www.bipsolutions.com
- https://www.delta-esourcing.com/
- https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=780789715
- https://www.delta-esourcing.com/respond/C5MY26EDE2
- https://www.delta-esourcing.com/tenders/UK-UK-Loughborough:-Auditing-services./C5MY26EDE2

## 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-03926c. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-03926c.json.