RFP QuestBeta
Awarded · ResultStage · contract

University of Sunderland

External Audit Services - AWARD

Business ServicesCPV 79200000 79212100 79210000 79212000 79211000 79212300
Value£875k
Awarded31 Jan 2023
Published6 Jun 2023
RegionNorth East
Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

Contract value in context
£875ktotal contract value
median £66k
this tender£0£1.6m

This is a large award for Business Services — above three-quarters of comparable contracts. Based on 57,319 valued Business Services tenders in our corpus.

The brief

The University of Sunderland is looking for an External Auditor to provide its services across a number of subsidiaries which operate nationally and internationally in Sunderland, London and Hong Kong.

For clarity the audit covers the companies registered in England and Wales which includes the Sunderland and London campuses but does not include the Hong Kong campus.

The emphasis of this tender is to appoint an appropriately qualified organisation with suitable experience of the financial services required and an innovative approach throughout the life of the contract.

External audit services are expected to commence from June 2023 to run for 3 years, auditing from our financial year 2022/23 to 2024/25 with a possible 2 x 12 months extensions.

The previous spend has been £175k per annum (excluding VAT where applicable) - note there are no guarantees on spend levels.

We also reserve the right to spend an additional 50% of the original anticipated budget, subject to changes to requirements across the University, for the duration of the award.

NOTE - OVER THE CHRISTMAS PERIOD 23RD DECEMBER TO 3RD JANUARY (INCLUSIVE) THE UNIVERSITY OF SUNDERLAND WILL BE CLOSED AND UNABLE TO ANSWER ANY QUESTIONS REGARDING THIS TENDER, HOWEVER WE WILL RESPOND UPON OUR RETURN TO WORK ON 4 JANUARY 2023 Please respond via Intend with your complete tender returns by 1700 hours on Tuesday 31st January 2023

Requirements

What the notice asks for

01

External audit services are expected to commence

External audit services are expected to commence from June 2023 to run for 3 years, auditing from our financial year 2022/23 to 2024/25 with a possible 2 x 12 months extensions.

Sentences from the notice that state an obligation, surfaced automatically and shown in the order they appear. Not an exhaustive list — always confirm against the tender documents.

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Source & provenance
OCID
c8bdaffa-d714-447c-9177-eea2fae1d1ff
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
IT-158-285-UoS/External Audit/1122 - AWARD
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

Market context

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