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Official procurement procedure

External Audit Services 2024

Auditing services
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: University of Chester: "External Audit Services 2024". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityUniversity of ChesterScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: University of Chester
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for University of Chester. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
8.6Bids / Report
0% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 9 active published awards; 9 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityUniversity of Chester
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published3 Jan 2025, 10:59 GMT
Last source update3 Jan 2025, 10:59 GMT
Recurring procurementNot published
ClassificationAuditing services
Delivery area
OCIDocds-h6vhtk-047d18
What is being bought
This Award Notice follows the University seeking tenders through the UK Open Procedure under the Public Contracts Regulations 2015 and The Public Procurement (Amendment etc.) (EU Exit) Regulations 2020 to appoint an external audit service provider for a period of 5 years with an option to extend for up to two further periods of 12 months each, subject to satisfactory performance and the University’s needs.The primary role of external auditors will be to report on the financial statements of the University of Chester and its subsidiary companies, and to carry out whatever examination of the statements and underlying records and control systems is necessary to reach an opinion on the statements. The successful supplier will be required to report to the University Council by means of a management letter.Please note that all values in this notice have been rounded up.
What changed
From the official release history
  1. tender value changed
    3 Jan 2025, 10:59 GMT
  2. Status changed to complete
    3 Jan 2025, 10:59 GMT
  3. Official notice release published
    3 Jan 2025, 10:59 GMT
  4. Submission deadline changed to published date
    3 Jan 2025, 10:59 GMT
  5. Status changed to active
    3 Oct 2024, 14:14 BST
  6. Official notice release published
    3 Oct 2024, 14:14 BST
  7. Submission deadline changed to 4 Nov 2024, 10:00 GMT
    3 Oct 2024, 14:14 BST
  8. Buyer information updated
    3 Oct 2024, 14:14 BST
  9. Published value updated to £800,000
    12 Jul 2024, 15:17 BST
  10. Status changed to planned
    12 Jul 2024, 15:17 BST
  11. Official notice release published
    12 Jul 2024, 15:17 BST
  12. Buyer information updated
    12 Jul 2024, 15:17 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    This Award Notice follows the University seeking tenders through the UK Open Procedure under the Public Contracts Regulations 2015 and The Public Procurement (Amendment etc.) (EU Exit) Regulations 2020 to appoint an external audit service provider for a period of 5 years with an option to extend for up to two further periods of 12 months each, subject to satisfactory performance and the University’s needs.The primary role of external auditors will be to report on the financial statements of the University of Chester and its subsidiary companies, and to carry out whatever examination of the statements and underlying records and control systems is necessary to reach an opinion on the statements. The successful supplier will be required to report to the University Council by means of a management letter.Further details were available in the tender documents. This tender was not divided into Lots.Please note the estimated values in this Award Notice have been rounded up and include the optional extension periods.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    3 Jan 2025, 10:59 GMT
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 13 Dec 2024, 00:00 GMT · £900,000
Commercial outcome and competition
Awards
Grant Thornton UK LLP
Not published · Not published · active
Contracts
Award Contract for the Provision of External Audit Services
£900,000 · signed 13 Dec 2024, 00:00 GMT · active
Bid statistics
bids: 9 (lot 1)
electronicBids: 9 (lot 1)
foreignBidsFromEU: 0 (lot 1)
foreignBidsFromNonEU: 9 (lot 1)
smeBids: 1 (lot 1)
Buyer and organisations in this procedure

University of Chester

Contracting authority GB-FTS-24826
View buyer profile
  • University of Chester
    buyer
    reviewBody

    Parkgate Road, Chester, UK, CH1 4BJ
  • Grant Thornton UK LLP
    supplier

    OC307742
    No.1 Whitehall Riverside, Whitehall Road, Leeds, UK, LS1 4BN
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published