---
title: "23/022 - Grant Audit Services"
ocid: "ocds-h6vhtk-042e1d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-042e1d"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-042e1d.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-042e1d.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "UNIVERSITY OF PORTSMOUTH"
published: "2024-08-13"
---

# 23/022 - Grant Audit Services

Buyer: UNIVERSITY OF PORTSMOUTH  
Current stage: Award  
OCID: ocds-h6vhtk-042e1d

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## Summary

The University of Portsmouth has completed the contracting process for tender 23/022 - Grant Audit Services, within the industry category of Accounting, Auditing, and Fiscal Services (CPV code 79200000). The procurement was conducted through an open procedure and concluded on 1st August 2024 with a contract awarded to CG Lee Ltd, valued at £160,000. The services required entail the provision of audit functions for Research and Innovation projects, focusing primarily on Horizon Europe and Innovate UK projects. Key locations involved include the region UKJ31. The contract, set to run on a three-year basis with an additional two-year option, spans from 1st August 2024 to 31st July 2029. Notably, the procurement process aimed for high quality, with the quality criterion holding a 90% weight in the evaluation.

This tender presents significant growth opportunities for businesses specialising in audit functions, particularly those with expertise in grant audits for research and innovation initiatives. Companies possessing registered Audit Status and a strong track record in handling auditing requirements posed by diverse project sponsors will find this contract highly suitable. SMEs, such as CG Lee Ltd, are well-suited to compete in such tenders, benefiting from the visibility and collaboration with prominent educational institutions like the University of Portsmouth. Furthermore, the requirement for comprehensive management reports and continual support in audit queries positions this contract as a key opportunity for service providers aiming to establish or expand their presence in the academic auditing sector.

## Notice

The University of Portsmouth is looking for an Auditor with proven specialist knowledge that is required for the provision of Audit Services for Research and Innovation projects where such audits are required by the relevant sponsor.The service required includes the provision of an audit function as required by the terms of the project sponsor on a case by case basis. The majority of the function would be with respect to Horizon Europe and Innovate UK projects but will also include any other funders that require an audit function; provision of management reports in relation to the project; acting as a knowledge base for grant audit issues and assist with audit queries and clarifications from various parties not limited to sponsors, lead partners or other stakeholders.This will be contracted on a three year plus an additional two year basis.

### Lot Information

Lot 1

The University of Portsmouth is looking for an Auditor with proven specialist knowledge that is required for the provision of Audit Services for Research and Innovation projects where such audits are required by the relevant sponsor.The service required includes the provision of an audit function as required by the terms of the project sponsor on a case by case basis. The majority of the function would be with respect to Horizon Europe and Innovate UK projects but will also include any other funders that require an audit function; provision of management reports in relation to the project; acting as a knowledge base for grant audit issues and assist with audit queries and clarifications from various parties not limited to sponsors, lead partners or other stakeholders.This will be contracted on a three year plus an additional two year basis. To Express an Interest in this project please register on the University of Portsmouth In-Tend webpage and express an interest in this project. Please find the weblink for our webpage below:https://in-tendhost.co.uk/port/To note - Bidders must hold registered Audit Status as listed on the Register of Statutory Auditors.

Renewal: On a 3year plus 2year basis. Taking it to 2029

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/025652-2024 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 13 Aug 2024 |
| Submission deadline | 19 Feb 2024 |
| Future notice date | Not specified |
| Award date | 31 Jul 2024 |
| Contract period | 31 Jul 2024 - 31 Jul 2029 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £160,000 |
| Lots value | £160,000 |
| Awards value | Not specified |
| Contracts value | £160,000 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | UNIVERSITY OF PORTSMOUTH |
| Locality | PORTSMOUTH |
| Post town | Portsmouth |
| Postcode | PO1 2UP |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ3 Hampshire and Isle of Wight |
| ITL 3 | TLJ31 Portsmouth |
| Local authority | Portsmouth |
| Electoral ward | St Thomas |
| Westminster constituency | Portsmouth South |
| Delivery location | TLJ31 Portsmouth |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | CG LEE |

## 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
- 79212100 - Financial auditing services

## Release History

- 13 Aug 2024 at 13:48 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/025652-2024
- 18 Jan 2024 at 10:31 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/001702-2024

## Notice URLs

- http://www.port.ac.uk
- https://in-tendhost.co.uk/port/
- https://in-tendhost.co.uk/port/To
- https://in-tendhost.co.uk/port/aspx/Home

## 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-042e1d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-042e1d.json.