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Contract Award Notice

External Audit Services

  • First published: 23 July 2022
  • Last modified: 23 July 2022
  • Version: N/A
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The buyer is not using this website to administer the notice.

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-h6vhtk-0317bc
Published by:
University of Lincoln
Authority ID:
AA20824
Publication date:
23 July 2022
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

This is a contract award notice for the provision of External Audit Services to the University of Lincoln. The University has conducted an open tender process to appoint auditors who have in-depth knowledge and experience in the Higher Education (HE) Sector. High level services covered by the contract are:

- Statutory audit of the group financial statements.

- Audit and sign-off of US Federal Loan Return, in accordance with US Department of Education requirements.

- Audit and sign-off of the Teacher's Pension Scheme (TPS) return in accordance with TPS requirements.

- Audit and sign-off of financial covenant calculations.

The contract will run for a period of 3 years commencing on 1st July 2022. There will be an option for the University to extend the contract by two further periods of 12 months until 30th June 2027

Full notice text

Contract award notice

Results of the procurement procedure

Section I: Contracting entity

I.1) Name and addresses

University of Lincoln

Brayford Pool

LINCOLN

LN6 7TS

UK

Contact person: Laura Simms

Telephone: +44 1522886703

E-mail: LSIMMS@LINCOLN.AC.UK

NUTS: UKF3

Internet address(es)

Main address: https://www.lincoln.ac.uk/

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: 359

II.1.2) Main CPV code

79212100

 

II.1.3) Type of contract

Services

II.1.4) Short description

This is a contract award notice for the provision of External Audit Services to the University of Lincoln. The University has conducted an open tender process to appoint auditors who have in-depth knowledge and experience in the Higher Education (HE) Sector.

II.1.6) Information about lots

This contract is divided into lots: No

II.1.7) Total value of the procurement

Value excluding VAT: 550 000.00  GBP

II.2) Description

II.2.3) Place of performance

NUTS code:

UKF3


Main site or place of performance:

Lincolnshire

II.2.4) Description of the procurement

This is a contract award notice for the provision of External Audit Services to the University of Lincoln. The University has conducted an open tender process to appoint auditors who have in-depth knowledge and experience in the Higher Education (HE) Sector. High level services covered by the contract are:

- Statutory audit of the group financial statements.

- Audit and sign-off of US Federal Loan Return, in accordance with US Department of Education requirements.

- Audit and sign-off of the Teacher's Pension Scheme (TPS) return in accordance with TPS requirements.

- Audit and sign-off of financial covenant calculations.

The contract will run for a period of 3 years commencing on 1st July 2022. There will be an option for the University to extend the contract by two further periods of 12 months until 30th June 2027

II.2.5) Award criteria

Quality criterion: Quality / Weighting: 70

Cost criterion: Cost / Weighting: 30

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:

2022/S 000-004384

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

10/06/2022

V.2.2) Information about tenders

Number of tenders received: 2

Number of tenders received by electronic means: 2

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

V.2.3) Name and address of the contractor

KPMG LLP

OC301540

One Snowhill, Snowhill Queensway

Birmingham

B4 6GH

UK

NUTS: UKG31

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: : 550 000.00  GBP

V.2.5) Information about subcontracting

Section VI: Complementary information

VI.3) Additional information

To view this notice, please click here:

https://neupc.delta-esourcing.com/delta/viewNotice.html?noticeId=707265639

GO Reference: GO-2022722-PRO-20659225

VI.4) Procedures for review

VI.4.1) Review body

University of Lincoln

Brayford Pool

Lincoln

LN6 7TS

UK

E-mail: LSIMMS@LINCOLN.AC.UK

VI.4.3) Review procedure

Precise information on deadline(s) for review procedures:

The Contracting Authority incorporated a minimum 10 calendar day standstill period following electronic notification (minimum of 15 calendar days for any other means of communication) to applicants of the award decision.

This notification provided the information that the tenderers were legally entitled to regarding the award decision. The standstill period provides time for unsuccessful tenderers to challenge the award decision before the contract is entered into. The Public Contracts Regulations 2015 provide aggrieved parties who have been harmed or are at risk of harm by a breach of the rules to take action in the High Court (England, Wales and Northern Ireland).

VI.5) Date of dispatch of this notice

22/07/2022

Coding

Commodity categories

ID Title Parent category
79212100 Financial auditing services Auditing services

Delivery locations

ID Description
100 UK - All

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:
LSIMMS@LINCOLN.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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