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Published 4 Jan 2022, 07:57 GMT

Official UK procurement notice

3165/LM – Internal Audit Services to The University Of Sheffield

Official notice

Authority: University of Sheffield (Education)

ServicesOpen procedureSME suitable
Sectors: Business Services & Consultancy (79) Delivery: Yorkshire & Humber (UKE32)
Published estimate£1,200,000≈ £400k / year
Submissions closed 7 Feb 2022awarded 7 Jun 2022
Awarded to KPMG
Contract term 3 yrsends 31 Jul 2025 · starts 1 Aug 2022

What is being bought

Published requirement description

The University of Sheffield wishes to award a contract for the provision of Internal Audit Services for a period of Three years from 1st August 2022, followed by a further period of Three years in yearly increments, to be reviewed annually.The University is looking to appoint a provider of internal audit services with experience of auditing higher education institutions. The successful provider will demonstrate that they have the experience, approach and tools for the provision of internal audit and risk management services, testing internal controls and development and support of the Audit Committee.Note: Internal and External audit services cannot both be provided by the same firm or provider. The main tender document gives further details of eligibility.The full technical specification can be found in the ITT documentation which will be available after you have expressed your interest on In-Tend.

CPV: Accounting and auditing services · Auditing services · Financial auditing services · Internal audit services

The lotProcurement structure

single lot · value published
Lot #1Awarded 3 yrsPublished value£1,200,000
Contract period: 1 Aug 2022 – 31 Jul 2025 (3 yrs)
Delivery: Yorkshire & Humber
Variant bids: not allowed
79210000 Accounting and auditing services79212000 Auditing services79212100 Financial auditing services79212200 Internal audit 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: 80%Price: 20%
Published award criteria (2)
  • Quality: 80%
  • Price: 20%
What this means for your bid
  • Price carries 20 of 100 points: a 10% discount moves about 2 points. 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
No (one-off requirement)
First published
4 Jan 2022, 07:57 GMT
Last source update
6 Jul 2022, 15:09 BST
Award evaluation window
7 Feb 2022 – …
Authority reference
3165/LM
FTS notice number
2022/S 000-018512
Classification (CPV)
Accounting and auditing servicesAuditing servicesFinancial auditing servicesInternal audit services
Delivery area
Yorkshire & Humber (UKE32)
Official registry OCID
ocds-h6vhtk-0306a0 Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic ordering · electronic payment

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

Tender documents are also served through a separate tool: https://in-tendhost.co.uk/Sheffield ↗

Submission deadline
7 Feb 2022, 12:00 GMT
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Bids opened
7 Feb 2022, 12:00 GMT
Detailed submission instructions & authority contactsFrom official release

in-tendhost.co.uk/Sheffield ↗

Timeline

7 Feb 2022 → 1 Aug 2022 · 4 dates
  1. Submission deadline
    7 Feb 2022, 12:00 GMT
  2. Bids opened
    7 Feb 2022, 12:00 GMT
  3. Notice published
    6 Jul 2022, 15:09 BST
  4. Contract starts
    1 Aug 2022, 00:00 BST

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    6 Jul 2022, 15:09 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £1,200,0001 contract exc. VAT
Bids received 51 from SMEs
Contracts signed 1latest 7 Jun 2022
Awarded toValueDateStatus
KPMGInternal Audit Services to The University Of Sheffield£1,200,000 †—Awarded

Contracts

  • Internal Audit Services to The University Of Sheffield · KPMG

    Signed
    7 Jun 2022
    Value
    £1,200,000
    Period
    … – 31 Jul 2025
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
5bids · 5 electronic · 5 from abroad1——

Contracting authority & participating public bodies

University of Sheffield

Contracting authorityEducationBody governed by public lawEducation Procurement Office, Arts Tower, Western Bank, Sheffield, Yorkshire & Humber, S10 2TNContact email, phone Published organisation website ↗

Dispute resolution & review bodies

  • High Court of England, Wales and Northern IrelandReview body London

Bidders & participating suppliers

1 commercial party on the notice
  • KPMG LLPAwarded supplierOC301540 London, London

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.