Find a TenderAwarded

Published 18 Jan 2024, 10:31 GMT

Official UK procurement notice

23/022 - Grant Audit Services

Official notice

Authority: University of Portsmouth Higher Education Corporation (Education)

ServicesOpen procedureSME suitable

Sectors: Business Services & Consultancy (79) Delivery: South East (UKJ31)

Published estimate£160,000≈ £32k / year

Submissions closed 19 Feb 2024awarded 1 Aug 2024

Awarded to CG Lee Ltd

Contract term 5 yrsends 31 Jul 2029 · extension options published · starts 1 Aug 2024

What is being bought

Published requirement description

The University of Portsmouth is looking for an Auditor with proven specialist knowledge that is required for the provision of Audit Services for Research and Innovation projects where such audits are required by the relevant sponsor.The service required includes the provision of an audit function as required by the terms of the project sponsor on a case by case basis. The majority of the function would be with respect to Horizon Europe and Innovate UK projects but will also include any other funders that require an audit function; provision of management reports in relation to the project; acting as a knowledge base for grant audit issues and assist with audit queries and clarifications from various parties not limited to sponsors, lead partners or other stakeholders.This will be contracted on a three year plus an additional two year basis.

CPV: Accounting and auditing services · Accounting, auditing and fiscal services · Financial auditing services

The lotProcurement structure

single lot · value published

Lot #1AwardedRenewal 5 yrsPublished value£160,000

Contract period: 1 Aug 2024 – 31 Jul 2029 (5 yrs)

Delivery: South East

Extensions: On a 3year plus 2year basis. Taking it to 2029Variant bids: not allowed

79210000 Accounting and auditing services 79212100 Financial auditing services

What it takes to win
i
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: 90%Price: 10%

Published award criteria (2)

Quality: 90%
Price: 10%

Conditions of participation1

Suitability
Registered Audit Status as listed on the Register of Statutory Auditors

What this means for your bid

Price carries 10 of 100 points: a 10% discount moves about 1 point. 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

Procedure method: Open 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: Yes
First published: 18 Jan 2024, 10:31 GMT
Last source update: 13 Aug 2024, 14:48 BST
Award evaluation window: 19 Feb 2024 – …
Authority reference: 23/GH/022
FTS notice number: 2024/S 000-025652
Classification (CPV): Accounting and auditing servicesAccounting, auditing and fiscal servicesFinancial auditing services
Delivery area: South East (UKJ31)
Official registry OCID: ocds-h6vhtk-042e1d Find a Tender

How it was run

Official notice

Run through: In-tend · Who buys & how to bid on In-tend

Supplier login requiredLanguage: EN

Access & registration note: Free · one account per buying organisation's portal · reCAPTCHA on signup

Submission deadline: 19 Feb 2024, 12:00 GMT
Submission channel: {"electronicSubmission","written"}
Accepted languages: en
Participation fee: document
Bids opened: 19 Feb 2024, 12:00 GMT

Detailed submission instructions & authority contactsFrom official release

in-tendhost.co.uk/port/aspx/Home ↗

Timeline

19 Feb 2024 → 13 Aug 2024 · 4 dates

Submission deadline
19 Feb 2024, 12:00 GMT
Bids opened
19 Feb 2024, 12:00 GMT
Contract starts
1 Aug 2024, 00:00 BST
Notice published
13 Aug 2024, 14:48 BST

Notice history

1 event · 2 releases on Find a Tender

Status changed to complete
13 Aug 2024, 14:48 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 1

Awarded value £160,0001 contract exc. VAT

Bids received 41 from SMEs

Contracts signed 1latest 1 Aug 2024

Awarded to	Value	Date	Status
CG Lee LtdSME	£160,000 †	—	Awarded

Contracts

Contract 025652-2024-1-1 · CG Lee LtdSME
Signed
1 Aug 2024
Value
£160,000
Period
… – 31 Jul 2029
Status
active

Bid statistics published by the authority

Bids	SME	VCSE	Valid bid range
4bids · 4 electronic	1	—	—

Contracting authority & participating public bodies

University of Portsmouth

Contracting authorityEducationBody governed by public lawEducation University House, Winston Churchill Avenue, Portsmouth, South East, PO1 2UPContact name, email, phone Published organisation website ↗

Bidders & participating suppliers

1 commercial party on the notice

CG Lee LtdAwarded supplier NR7 0TA, Norwich, East of England

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

Economic and financial selection criteriatenderEconomic and financial selection criteria
Technical selection criteriatenderTechnical selection criteria