Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
University of Hertfordshire Education Corporation
MacLaurin Building, 4 Bishops Square
Hatfield
AL10 8NE
UK
Contact person: Procurement Professional Services
E-mail: categorymanagers@herts.ac.uk
NUTS: UKH23
Internet address(es)
Main address: https://www.herts.ac.uk/
Address of the buyer profile: https://www.in-tendhost.co.uk/universityofhertfordshire/aspx/Home
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
External Audit Services
Reference number: 23012
II.1.2) Main CPV code
79212000
II.1.3) Type of contract
Services
II.1.4) Short description
The University is seeking a Contractor of external audit services who can offer a distinctive, innovative, proactive and professional approach to external audit, and one that meets all the external audit requirements of the Office for Students, Research England, the Education and Skills Funding Agency, Department for Education, Companies Acts and other relevant legislation, regulation and the UK Financial Reporting Framework. It is envisaged that the audit will comprise of an interim audit and a final audit. The Contractor will need to ensure that the service they provide meets all the requirements of the Office for Students regulatory framework. They will need to take account of any changing requirements providing assurance to the Audit and Risk Committee and the Board of Governors on the University’s corporate governance and risk management arrangements.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
1 040 000.00
GBP
II.2) Description
II.2.2) Additional CPV code(s)
79212000
79212100
II.2.3) Place of performance
NUTS code:
UKH23
Main site or place of performance:
University of Hertfordshire
II.2.4) Description of the procurement
The University is seeking a Contractor of external audit services who can offer a distinctive, innovative, proactive and professional approach to external audit, and one that meets all the external audit requirements of the Office for Students, Research England, the Education and Skills Funding Agency, Department for Education, Companies Acts and other relevant legislation, regulation and the UK Financial Reporting Framework. It is envisaged that the audit will comprise of an interim audit and a final audit.The Contractor will need to ensure that the service they provide meets all the requirements of the Office for Students regulatory framework. They will need to take account of any changing requirements providing assurance to the Audit and Risk Committee and the Board of Governors on the University’s corporate governance and risk management arrangements and respond positively to any further developments in this area. A proactive approach to providing information and support to the University is required.This contract is for a five year period with an option to extend by an additional year.All other information as per the invitation to tender documents.
II.2.5) Award criteria
Quality criterion: Service Provision
/ Weighting: 60
Price
/ Weighting:
40
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
II.2.14) Additional information
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:
No
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2023/S 000-031564
Section V: Award of contract
Contract No: 1
Title: External Audit Services
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
14/02/2024
V.2.2) Information about tenders
Number of tenders received: 1
Number of tenders received from SMEs: 0
Number of tenders received from tenderers from EU Member States: 0
Number of tenders received from tenderers from non-EU Member States: 0
Number of tenders received by electronic means: 1
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Buzzacott LLP
130 Wood Street
London
EC2V 6DL
UK
NUTS: UKI
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Initial estimated total value of the contract/lot:
Total value of the contract/lot:
: 1 487 610.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.4.1) Review body
Crown Commercial Services
Liverpool
UK
VI.4.3) Review procedure
Precise information on deadline(s) for review procedures:
VI.5) Date of dispatch of this notice
14/02/2024