Find a TenderAwarded
Published 19 Dec 2022, 12:01 GMT

Official UK procurement notice

External Audit Services · UK public procurement notice

Official notice

Authority: University of Sunderland (Education)

ServicesOpen procedure
Published estimate£875,000exc. VAT
Submissions closed 31 Jan 2023awarded 31 May 2023
Awarded to RSM UK Audit LLP

What is being bought

Published requirement description

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.

CPV: Accounting, auditing and fiscal services

The lotProcurement structure

single lot · no lot value published
Lot #1Awarded ContractThe University of Sunderland is looking for an External Auditor to…Awarded

Awarded ContractThe 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 2023/24 to 2025/26 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.

Delivery: North East
Variant bids: not allowed

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 60%Price: 40%
Published sub-criteria (2)
  • Qualitative: 60%
  • Costs: 40%
Published award criteria (2)
  • Qualitative: 60%
  • Costs: 40%
What this means for your bid
  • Price carries 40 of 100 points: a 10% discount moves about 4 points. The method statement decides this lot, not the discount.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record
Procedure method
Open procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
No (one-off requirement)
First published
19 Dec 2022, 12:01 GMT
Last source update
7 Jun 2023, 09:36 BST
Award evaluation window
31 Jan 2023 – …
Authority reference
2023/S 000-016062
FTS notice number
2023/S 000-016080
Classification (CPV)
Accounting, auditing and fiscal services
Delivery area
North East (UKC23)
Official registry OCID
ocds-h6vhtk-03925d Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic ordering · electronic payment

How it was run

Official notice
Run through: In-tend · Who buys & how to bid on In-tend
Supplier login requiredLanguage: EN
Access & registration note: Free · one account per buying organisation's portal · reCAPTCHA on signup
Submission deadline
31 Jan 2023, 17:00 GMT
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Bids opened
31 Jan 2023, 17:00 GMT
Detailed submission instructions & authority contactsFrom official release

Timeline

31 Jan 2023 → 7 Jun 2023 · 3 dates
  1. Submission deadline
    31 Jan 2023, 17:00 GMT
  2. Bids opened
    31 Jan 2023, 17:00 GMT
  3. Notice published
    7 Jun 2023, 09:36 BST

Notice history

1 event · 3 releases on Find a Tender
  1. Status changed to complete
    6 Jun 2023, 17:53 BST
Published amendments (1 · 0 deadline changes)
WhenWhatBeforeAfterShift
—TextV2.3 · V2.3Official address for the contractor RSM UK Audit LLP shown as 3rd floor, Sunderland, SR1 3SDOfficial address for the contractor RSM UK Audit LLP to read 25 Farringdon Street, London, United Kingdom, EC4A 4AB

1 amendment published without a description.

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £875,0001 contract exc. VAT
Bids received 1
Contracts signed 1latest 31 May 2023
Awarded toValueDateStatus
RSM UK Audit LLP£875,000 †—Awarded

Contracts

  • Contract 016062-2023-External Audit Services-1 · RSM UK Audit LLP

    Signed
    31 May 2023
    Value
    £875,000
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
1bids · 1 electronic0——

Contracting authority & participating public bodies

2 public bodies on the notice

University of Sunderland

Contracting authorityEducationBody governed by public lawEducation 3rd Floor Edinburgh Building, Chester Road, Sunderland, North East, SR1 3SDContact email Published organisation website ↗

Other public bodies

  • European UnionFunder

Dispute resolution & review bodies

  • Legal ServicesMediation body SunderlandContact email

Bidders & participating suppliers

1 commercial party on the notice
  • RSM UK Audit LLPAwarded supplierOC325350 3rd floor, SUNDERLAND, North East, SR1 3SD

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

  • Economic and financial selection criteriatenderEconomic and financial selection criteria
  • Technical selection criteriatenderTechnical selection criteria