---
title: "Provision of External Audit Services to University of South Wales Group & Wrexham University Group"
ocid: "ocds-h6vhtk-04484d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04484d"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-04484d.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-04484d.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "UNIVERSITY OF SOUTH WALES"
published: "2024-10-18"
---

# Provision of External Audit Services to University of South Wales Group & Wrexham University Group

Buyer: UNIVERSITY OF SOUTH WALES  
Current stage: Award  
OCID: ocds-h6vhtk-04484d

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## Summary

The University of South Wales Group and Wrexham University Group have finalised a procurement process for the provision of external audit services, with a contract duration of up to five years, starting from 1 August 2024. The successful bidder, HAYSMACINTYRE LLP, will provide auditing services to both institutions and their subsidiary companies, ensuring compliance with financial regulations and delivering high-quality audit reports. The procurement was executed through a competitive selective procedure, and the contracts were signed on 30 September 2024. The total contract value for both lots is £1,691,400 GBP. The procurement process included strict evaluation criteria covering quality, risk management, and price, among other factors.

This tender presents significant business growth opportunities for professional services firms specialising in accounting and auditing services. Given the small number of bids received, there appears to be a substantial demand for expertise in this area. The contract involves regular interactions with audit committees and adherence to specific financial standards, making it particularly suitable for well-established firms with experience in the education sector and capabilities in managing complex auditing requirements. The appointment is a chance to build a long-term relationship with major educational institutions, potentially opening doors to further contracts in the public sector.

## Notice

The University of South Wales has a requirement to tender for the provision of External Audit Services to the University of South Wales Group and Wrexham University Group, the parties to this tender. The University of South Wales Group and Wrexham University Group, parties to this tender, are seeking to appoint external auditors for up to a maximum of five years (three years in the first instance with the option of up to 2 x 1 year extensions on a +1, +1 basis) with effect from 1 August 2024. The appointment would be subject to the continued satisfactory performance by the successful service provider as well as meeting the target of agreed KPI's.

### Lot Information

External Audit Services to University of South Wales Group & Wrexham University

The University of South Wales Group and Wrexham University, parties to this tender, are seeking to appoint external auditors for up to a maximum of five years (three years in the first instance with the option of up to 2 x 1 year extensions on a +1, +1 basis) with effect from 1 August 2024. The appointment would be subject to the continued satisfactory performance by the successful service provider as well as meeting the target of agreed KPI's.

Renewal: This contract will commence 1st August 2024, subject to the Parties respective Board approval, and will run for an initial 3 year term with an option of up to 2 x 1 year extensions on a +1, +1 basis, subject to agreement by the parties

External Audit Services to the subsidiary companies of both institutions plus Grant audits

The University of South Wales Group and Wrexham University, parties to this tender, are seeking to appoint external auditors for up to a maximum of five years (three years in the first instance with the option of up to 2 x 1 year extensions on a +1, +1 basis) with effect from 1 August 2024. The appointment would be subject to the continued satisfactory performance by the successful service provider as well as meeting the target of agreed KPI's.

Renewal: This contract will commence 1st August 2024, subject to the Parties respective Board approval, and will run for an initial 3 year term with an option of up to 2 x 1 year extensions on a +1, +1 basis, subject to agreement by the parties

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/033815-2024 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Competitive procedure with negotiation |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 18 Oct 2024 |
| Submission deadline | 12 Apr 2024 |
| Future notice date | Not specified |
| Award date | 29 Sep 2024 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £1,691,400 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | UNIVERSITY OF SOUTH WALES |
| Additional buyers | WREXHAM UNIVERSITY |
| Locality | PONTYPRIDD |
| Post town | Cardiff |
| Postcode | CF37 1DL |
| Country | Wales |
| ITL 1 | TLL Wales |
| ITL 2 | TLL5 South East Wales |
| ITL 3 | TLL51 Central Valleys and Bridgend |
| Local authority | Rhondda Cynon Taf |
| Electoral ward | Treforest |
| Westminster constituency | Pontypridd |
| Delivery location | TLL15 Central Valleys |

## Supplier

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

## CPV Codes

### Divisions

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

### Codes

- 79210000 - Accounting and auditing services
- 79212000 - Auditing services
- 79212100 - Financial auditing services
- 79212300 - Statutory audit services

## Release History

- 18 Oct 2024 at 14:27 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/033815-2024
- 13 Mar 2024 at 17:00 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/008093-2024

## Notice URLs

- https://www.sell2wales.gov.wales/
- https://www.sell2wales.gov.wales/search/Search_AuthProfile.aspx?ID=AA0288
- https://www.sell2wales.gov.wales/search/Search_AuthProfile.aspx?ID=AA0315
- https://www.southwales.ac.uk
- https://www.wrexham.ac.uk

## 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-04484d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-04484d.json.
