--- title: "Provision of External Audit Services to University of South Wales Group & Wrexham University Group" ocid: "ocds-kuma6s-139607" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-kuma6s-139607" markdown_url: "https://d3tenders.com/contract/ocds-kuma6s-139607.md" json_url: "https://d3tenders.com/contract/ocds-kuma6s-139607.json" source: "Sell2Wales" 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-kuma6s-139607 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-kuma6s-139607) [Download OCDS JSON](https://d3tenders.com/contract/ocds-kuma6s-139607.json) ## Summary The University of South Wales is seeking external audit services for both its group and the Wrexham University Group as part of a competitive tendering process. These services are required to begin on 1 August 2024, for an initial period of three years with potential extensions of up to two further years. The procurement process is in the award stage as of 18 October 2024. The contractual relationship will be governed by a competitive procedure with negotiation. The audit services will cover several locations, including Pontypridd, Cardiff, Merthyr, and Wrexham. This tender presents an opportunity for professional audit firms, especially those with expertise in education sector audits. Businesses capable of providing high-quality audit services and meeting specified key performance indicators stand to benefit from this long-term engagement. The successful provider will need to demonstrate their ability to ensure funds are properly applied and report on the financial statements and corporate governance of the universities involved. Larger audit firms with a robust understanding of public law requirements would be well-suited to compete, given the scope and complexity of the tender. ## 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 | Sell2Wales | | Latest notice | https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=139607 | | Notice type | OJEU - F3 - Contract Award 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 | 30 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 | Complete | | Awards status | Not specified | | 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 | TLL3 North Wales | | ITL 3 | TLL34 Flintshire and Wrexham | | Local authority | Wrexham | | Electoral ward | Grosvenor | | Westminster constituency | Wrexham | | 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 00:00 - Award - OJEU - F3 - Contract Award Notice - https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=139607 - 13 Mar 2024 at 00:00 - Tender - OJEU - F2 - Contract Notice - https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=139607 ## Documents - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=MAR470525&idx=5 13th March 2024 - ITT - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=MAR470525&idx=1 13th March 2024 - PQQ - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=MAR470525&idx=2 13th March 2024 - Services agreement - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=MAR470525&idx=3 13th March 2024 - DP - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=MAR470525&idx=4 13th March 2024 - Social Value template - https://www.sell2wales.gov.wales/search/show/search_view.aspx?ID=MAR470525 Provision of External Audit Services to University of South Wales Group & Wrexham University Group - 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. - https://www.sell2wales.gov.wales/search/show/search_view.aspx?ID=OCT493048 Provision of External Audit Services to University of South Wales Group & Wrexham University Group - 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. ## Notice URLs - https://api.sell2wales.gov.wales/v1?lang=cy/Notice?id=ocds-kuma6s-139607 - https://www.sell2wales.gov.wales/ - https://www.southwales.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-kuma6s-139607. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-kuma6s-139607.json.