Find a TenderAwarded

Published 18 Aug 2021, 08:54 BST

Official UK procurement notice

Internal Audit Services · TIAA Ltd for Cardiff Metropolitan University (Aug 2021)

Official notice

Authority: Cardiff Metropolitan University (Education)

ServicesRestricted procedureSME suitable

Sectors: Business Services & Consultancy (79) Delivery: Wales (UKL22)

Awarded value£295,000published contract · exc. VAT

Awarded 14 Jul 2021

Awarded to TIAA Ltd

What is being bought

Published requirement description

The award of a call off contract that relates to the NWUPC Financial Services Framework Agreement, with reference number OJEU 2019/S 074-175568.

CPV: Internal audit services

The lotProcurement structure

single lot · no lot value published

Lot #1The provision of Internal Audit Services to Cardiff Metropolitan UniversityAwarded

Delivery: Wales

79212200 Internal audit services

What it takes to win
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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: 65%Price: 35%

Published award criteria (2)

Quality: 65
Price: 35

What this means for your bid

Price carries 35 of 100 points: a 10% discount moves about 3.5 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 · publisher note attached

Procedure method: Restricted 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: Unspecified in notice
First published: 18 Aug 2021, 08:54 BST
Last source update: 18 Aug 2021, 08:54 BST
FTS notice number: 2021/S 000-020165
Classification (CPV): Internal audit services
Delivery area: Wales (UKL22)
Official registry OCID: ocds-h6vhtk-02d634 Find a Tender

Publisher note: This is a contract award notice for a call off agreement from an existing framework agreement. (WA Ref:112139)

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 1

Awarded value £295,0001 contract exc. VAT

Bids received 32 from SMEs

Contracts signed 1latest 14 Jul 2021

Awarded to	Value	Date	Status
TIAA LtdSME	£295,000 †	—	Awarded

Contracts

Contract 020165-2021-1 · TIAA LtdSME
Signed
14 Jul 2021
Value
£295,000
Status
active

Bid statistics published by the authority

Bids	SME	VCSE	Valid bid range
3bids · 3 electronic · 3 from abroad	2	—	—

Contracting authority & participating public bodies

Cardiff Metropolitan University

Contracting authorityEducationBody governed by public lawEducation Llandaff campus, Western Avenue, Llandaff, Cardiff, Wales, CF5 2YBContact email, phone

Dispute resolution & review bodies

High CourtReview body LondonContact phone

Bidders & participating suppliers

1 commercial party on the notice

TIAA LTDAwarded supplier Artillery House, Fort Fareham Industrial Site, Fareham, South East, PO141AH

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.