--- title: "The Provision of External Audit Services to Univeristy of trathclyde" ocid: "ocds-r6ebe6-0000600752" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000600752" markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000600752.md" json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000600752.json" source: "Public Contracts Scotland" current_stage: "Tender" buyer: "UNIVERSITY OF STRATHCLYDE" published: "2019-11-06" --- # The Provision of External Audit Services to Univeristy of trathclyde Buyer: UNIVERSITY OF STRATHCLYDE Current stage: Tender OCID: ocds-r6ebe6-0000600752 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000600752) [Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000600752.json) ## Summary The University of Strathclyde is currently seeking competitive tenders for the Provision of External Audit Services, a process classified under the services industry. This procurement opportunity is located in Glasgow, UK, and represents an open procedure. The deadline for submission is set for 12 December 2019, with the award period commencing on the same date. It is essential for potential bidders to note the requirements regarding insurance and experience, as detailed in the procurement documents. This tender presents significant business growth opportunities, particularly for audit firms with experience in public sector audits. Businesses capable of demonstrating robust methodologies and a strong track record in delivering high-quality audit services will be well-positioned to compete. Potential bidders should ensure they meet the minimum turnover requirements and possess the necessary insurances. Additionally, organisations capable of innovative approaches to audit delivery may find an advantage in the evaluation process, which weighs both quality and price. ## Notice The University of Strathclyde is seeking competitive tenders for the Provision of External Audit Services. ### Lot Information Lot 1 The University of Strathclyde seek to appoint an External Auditor for a period of five years, commencing with the audit of the Financial Statements for 2019/20. The External Auditor shall be required to perform audit duties in respect of the following: Audit of the following bodies described here after collectively as the "University" - University of Strathclyde - The Stenhouse Scholarship Trust The University will also require certification of the following specific returns: - The University's higher education discretionary fund return - The University's compliance return for the US Federal Family Education Loan Program - The return to the European Investment Bank confirming the University's compliance with its loan covenants. The appointed auditors will be required to certify that they are eligible for appointment within the meaning and requirements of the Companies Act. The External Auditors will audit the University's annual Financial Statements.In the Audit Report to the Audit and Risk Committee the External Auditors are required to state whether, in their opinion: - The financial statements give a true and fair view, in accordance with United Kingdom Generally Accepted Accounting Practice, of the state of the affairs of the University. - income from the Scottish Funding Council (SFC), grants and income for specific purposes and from other restricted funds administered by the University have, in all material respects, been applied only for the purposes for which they were received; and - income has, in all material respects, been applied in accordance with the Financial Memorandum with the SFC. Tenders shall be evaluated based on the following technical criteria: 1. Service Delivery - Methodology 15% 2. Service Delivery - Experience 15% 3. Key personnel - 15% 4. Added Value through your approach %15 5. Communication 15% 6. Security 5% 7. Presentation 20% The scoring methodology that shall be used to evaluate responses is as follows: 4. Excellent response - is excellent overall and will include a balance of completely relevant elements of the Contract as specified (but not limited to the specifications) The response is comprehensive, unambiguous and demonstrates a thorough understanding of the requirement and provides details of how the requirement will be met in full 3. Good response - is relevant and will include a balance of elements of the Contract as specified (but not limited to the specifications) The response is sufficiently detailed to demonstrate a good understanding and provides details on how the requirements will be fulfilled. 2. Acceptable response - will include some elements of the Contract as specified (but not limited to the specifications) 1. Poor response - is partially relevant and will include few elements of the Contract as specified (but not limited to the specifications) The response addresses some elements of the requirement but contains insufficient/limited detail or explanation to demonstrate how the requirement will be fulfilled 0. Unacceptable - Nil or inadequate response Fails to demonstrate an ability to meet the requirement Please refer to the procurement documents for full details. Renewal: This contract has the option to extend for a further 24 months ## Key Details | Field | Value | | --- | --- | | Publication source | Public Contracts Scotland | | Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV371581 | | Notice type | OJEU - F2 - Contract Notice | | Procurement type | Standard | | 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 | 6 Nov 2019 | | Submission deadline | 12 Dec 2019 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | Not specified | | Recurrence | the current contract shall be established for 5 years, plus one optional 24 month extension | ## 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 | UNIVERSITY OF STRATHCLYDE | | Locality | GLASGOW | | Post town | Glasgow | | Postcode | G1 1QE | | Country | Scotland | | ITL 1 | TLM Scotland | | ITL 2 | TLM3 West Central Scotland | | ITL 3 | TLM32 Glasgow City | | Local authority | Glasgow City | | Electoral ward | Anderston/City/Yorkhill | | Westminster constituency | Glasgow North East | | Delivery location | TLM82 Glasgow City | ## CPV Codes ### Divisions - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 79212000 - Auditing services ## Release History - 6 Nov 2019 at 00:00 - Tender - OJEU - F2 - Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV371581 ## Documents - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV371581 The Provision of External Audit Services to Univeristy of trathclyde - The University of Strathclyde is seeking competitive tenders for the Provision of External Audit Services. ## Notice URLs - http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2343 - http://www.strath.ac.uk/ - https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000600752 - https://www.publictendersscotland.publiccontractsscotland.gov.uk/esop/pts-host/public/pts/web/login.html ## 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-r6ebe6-0000600752. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000600752.json.