Contract award notice
Results of the procurement procedure
Section I: Contracting
authority
I.1) Name and addresses
University of South Wales
Procurement Manager, University of South Wales, Finance Dept, Llantwit Road
Pontypridd
CF37 1DL
UK
Telephone: +44 1443482385
E-mail: procurement@southwales.ac.uk
Fax: +44 1443482384
NUTS: UKL
Internet address(es)
Main address: www.southwales.ac.uk
Address of the buyer profile: https://www.sell2wales.gov.wales/search/Search_AuthProfile.aspx?ID=AA0315
I.2) Joint procurement
The contract is awarded by a central purchasing body
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Education
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Internal Audit
Reference number: 1545
II.1.2) Main CPV code
79212200
II.1.3) Type of contract
Services
II.1.4) Short description
Internal audit services. The University of South Wales is seeking to appoint internal auditors for up to a maximum of 5 years (3 years in the first instance with the option of up to 2 x 1 year extension) with effect from 1 August 2018.
The University requires the successful service provider to deliver an internal audit service including the development, implementation and review of an internal audit programme throughout the contract term. The internal audit programme will be developed in conjunction with the University’s management team and approved by the University’s Audit Committee. The successful service provider may also be required to carry out value for money studies, and facilitate the yearly review of effectiveness of the Audit Committee.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Lowest offer:
180 000.00
GBP/ Highest offer:
210 000.00
GBP
II.2) Description
II.2.2) Additional CPV code(s)
79200000
79210000
79212000
79212100
II.2.3) Place of performance
NUTS code:
UKL15
Main site or place of performance:
Treforest
II.2.4) Description of the procurement
The availability of competent internal audit services forms an obvious and key requirement for universities.
The University of South Wales is seeking to appoint internal auditors for up to a maximum of five years (3 years in the first instance with the option of 2 x 1 year extension) with effect from 1 August 2018. The appointment would be subject to the continued satisfactory performance by the successful service provider.
The University requires the successful service provider to deliver an internal audit service including the development, implementation and review of an internal audit programme throughout the contract term. The internal audit programme will be developed in conjunction with the University’s management team and approved by the University’s Audit Committee. The successful service provider may also be required to carry out value for money studies, and facilitate the yearly review of effectiveness of the Audit Committee.
With regard to the requirement of continued satisfactory performance by the successful service provider, the University’s Audit Committee will consider an annual review of its internal auditors which will be based on performance criteria established within the Public Sector Internal Audit Standards (2013) published by the Higher Education Funding Council For Wales (HEFCW):
- Managing the internal audit activity
- Nature of work
- Engagement Planning
- Performing the engagement
- Communicating Results
- Monitoring progress
- Communicating the Acceptance of Risks
II.2.5) Award criteria
Quality criterion: Quality of audit process
/ Weighting: 25
Quality criterion: Demonstrable knowledge of the HE and FE sector in Wales, and the business and risk environment currently facing the HE and FE sector and specifically the University Group
/ Weighting: 20
Quality criterion: Relationship management
/ Weighting: 10
Quality criterion: Interview/Presentation
/ Weighting: 15
Quality criterion: Terms and Conditions
/ Weighting: 5
Cost criterion: Cost/cost certainty and value for money
/ Weighting: 25
II.2.11) Information about options
Options:
No
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Open procedure
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
Yes
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2018/S 080-179123
Section V: Award of contract
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
04/07/2018
V.2.2) Information about tenders
Number of tenders received: 4
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
TIAA LTD
TIAA LTD, 53-55 Gosport Business Centre
GOSPORT
PO13 0FQ
UK
Telephone: +44 8453003333
NUTS: UKL15
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
Lowest offer:
180 000.00
GBP
/ Highest offer:
210 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.3) Additional information
The University's requirements in relation to the execution of the contract are detailed in the Internal Audit 2018 document attached to this notice.
The minimum requirements set out in the conditions of this notice must be adhered to.
(WA Ref:83320)
VI.4) Procedures for review
VI.4.1) Review body
University of South Wales
Procurement Manager, University of South Wales, Finance Dept, Llantwit Road
Pontypridd
CF37 1DL
UK
Telephone: +44 1443482385
Fax: +44 1443482384
VI.5) Date of dispatch of this notice
04/07/2018