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20 Modification Notice

Supply of External Audit Services

  • First published: 09 December 2021
  • Last modified: 09 December 2021
  • Version: N/A
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To record your interest or obtain additional information or documents please find instructions within the Full Notice Text. (NOTE: Contract Award Notices and Prior Information Notices do not normally require a response)

Contents

Summary

OCID:
ocds-kuma6s-115322
Published by:
Swansea University
Authority ID:
AA0345
Publication date:
09 December 2021
Deadline date:
-
Notice type:
20 Modification Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

The University is inviting tenders for the provision of an external audit service, for an initial period of 5 yearswith an option for the University to extend for a further period of up to 2 years. The successful firm will take upits appointment in respect of the audit of the accounts for the financial year ended 31.7.2016. The appointmentwill be made in accordance with the Audit Code of Practice issued by the Higher Education Funding Council forWales (HEFCW). CPV: 79212100, 79212000.

Full notice text

Modification notice

Modification of a contract/concession during its term

Section I: Contracting entity

I.1) Name and addresses

Swansea University

Procurement Office, Swansea University, Singleton Park

Swansea

SA2 8PP

UK

Telephone: +44 1792602779

E-mail: procurement@swansea.ac.uk

NUTS: UKL18

Internet address(es)

Main address: www.swansea.ac.uk

Address of the buyer profile: https://www.sell2wales.gov.wales/search/Search_AuthProfile.aspx?ID=AA0345

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

Supply of External Audit Services

Reference number: T107(15)

II.1.2) Main CPV code

79212100

 

II.1.3) Type of contract

Services

II.2) Description

II.2.2) Additional CPV code(s)

79212000

II.2.3) Place of performance

NUTS code:

UKL18


Main site or place of performance:

Swansea

II.2.4) Description of the procurement

The University is inviting tenders for the provision of an external audit service, for an initial period of 5 yearswith an option for the University to extend for a further period of up to 2 years. The successful firm will take upits appointment in respect of the audit of the accounts for the financial year ended 31.7.2016. The appointmentwill be made in accordance with the Audit Code of Practice issued by the Higher Education Funding Council forWales (HEFCW).

II.2.7) Duration of the contract, framework agreement, dynamic purchasing system or concession

Duration in months: 84

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.2) Administrative information

IV.2.1) Previous publication concerning this procedure

Notice number in the OJ S:

2015/S 114-206929

Section V: Award of contract/concession

Contract No: T107(15)

Title: Supply of External Audit Services

V.2 Award of contract/concession

V.2.1) Date of conclusion of the contract/concession

22/07/2015

V.2.2) Information about tenders

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor/concessionaire

PricewaterhouseCoopers

1 Kingsway

Cardiff

CF103PW

UK

Telephone: +44 000000

Fax: +44 000000

NUTS: UKL22

The contractor/concessionaire is an SME: No

V.2.4) Information on value of the contract/lot/concession (excluding VAT)

Total value of the contract/lot: /concession: 900 000.00  GBP

Section VI: Complementary information

VI.3) Additional information

(WA Ref:115322)

VI.4) Procedures for review

VI.4.1) Review body

High Court

Royal Courts of Justice, The Strand

London

WC2A 2LL

UK

Telephone: +44 2079477501

VI.5) Date of dispatch of this notice

09/12/2021

Section VII: Modifications to the contract/concession

VII.1) Description of the procurement after the modifications

VII.1.1) Main CPV code

79212000

 

VII.1.2) Additional CPV code(s)

VII.1.3) Place of performance

NUTS code:

UKL18

VII.1.4) Description of the procurement

The contract is to be extended to cover the audit required for the University’s 2021 financial year. The contract also covers non-statutory audits that cover the wider university, this extension will cover the wider audit requirements of the University until a replacement contract has been tendered.

VII.1.5) Duration of the contract, framework agreement, dynamic purchasing system or concession

Duration in months: 12

VII.1.6) Information on value of the contract/lot/concession (excluding VAT)

Total value of the procurement: 1 340 000.00 GBP

The contract/concession has been awarded to a group of economic operators: No

VII.1.7) Name and address of the contractor/concessionaire

PricewaterhouseCoopers

1 Kingsway

Cardiff

CF103PW

UK

Telephone: +44 000000

Fax: +44 000000

NUTS: UKL22

The contractor/concessionaire is an SME: No

VII.2) Information about modifications

VII.2.1) Description of the modifications

The contract is to be extended to cover the audit required for the University’s 2021 financial year. The contract also covers non-statutory audits that cover the wider university, this extension will cover the wider audit requirements of the University until a replacement contract has been tendered.

VII.2.2) Reasons for modification

Need for modification brought about by circumstances which a diligent contracting authority/entity could not foresee

Description of the circumstances which rendered the modification necessary and explanation of the unforeseen nature of these circumstances:

Since March 2020 the Covid-19 pandemic has required Finance stakeholders to focus their efforts on a shift to home working and maintaining continuity of financial services . These challenges continued though 2021. The modification does not alter the overall nature of the contract, Any increase in price does not exceed 50% of the value of the original contract.

VII.2.3) Increase in price

Updated total contract value before the modifications (taking into account possible earlier contract modifications and price adaptions and, in the case of Directive 2014/23/EU, average inflation in the Member State concerned)

Value excluding VAT: 900 000.00 Currency: GBP

Total contract value after the modifications

Value excluding VAT: 1 340 000.00 Currency: GBP

Coding

Commodity categories

ID Title Parent category
79212000 Auditing services Accounting and auditing services
79212100 Financial auditing services Auditing services

Delivery locations

ID Description
1017 Bridgend and Neath Port Talbot
1018 Swansea

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
procurement@swansea.ac.uk
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

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