Find a TenderAwarded
Published 3 Sept 2021, 13:45 BST

Official UK procurement notice

External Audit Services CU.698.RH

Official notice

Authority: Cardiff University (Education)

ServicesOpen procedure
Published estimate£1,400,000exc. VAT0.9% above published estimate
Submissions closed 4 Oct 2021awarded 3 Aug 2022
Awarded to KPMG

What is being bought

Published requirement description

Cardiff University (the “University”) is undertaking a competitive tender process under the Open Procedure, in accordance with the Public Contracts Regulations 2015 (the “Regulations”).

The University will be running this process as an Open Procedure advertised both on Find a Tender and Sell2Wales.

The aim of this procurement process is to invite bids for the provision of External Audit Services. As a summary, this includes:

The successful bidder will commence auditing the University for the financial year ending 31 July 2022. We require a high quality external audit delivered in an efficient manner by an auditor with high integrity and reputation. Please note, the successful bidder does not need to have experience in the higher education (HE) sector.

CPV: Auditing services

The lotProcurement structure

single lot · value published
Lot #1AwardedRenewalPublished value£1,400,000
Delivery: Wales
Extensions: There is an option to extend the contract for up to two further years after the initial five year term.Variant bids: not allowed

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: 60%Price: 40%
Published award criteria (2)
  • Quality: 60
  • Price: 40
What this means for your bid
  • Price carries 40 of 100 points: a 10% discount moves about 4 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 · publisher note attached
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
3 Sept 2021, 13:45 BST
Last source update
6 Sept 2022, 10:12 BST
Award evaluation window
4 Oct 2021 – …
Authority reference
CU.698.RH
FTS notice number
2022/S 000-024892
Classification (CPV)
Auditing services
Delivery area
Wales (UKL22)
Official registry OCID
ocds-h6vhtk-02dce8 Find a Tender
Contract terms
Performance terms

Please refer to the Invitation to Tender (ITT) documents

Publisher note: (WA Ref:124527)

How it was run

Official notice
Run through: In-tend · Who buys & how to bid on In-tend
Supplier login requiredLanguage: EN, CY
Access & registration note: Free · one account per buying organisation's portal · reCAPTCHA on signup
Submission deadline
4 Oct 2021, 12:00 BST
Submission channel
{"electronicSubmission"}
Accepted languages
en, cy
Bids opened
4 Oct 2021, 13:00 BST
Detailed submission instructions & authority contactsFrom official release

Timeline

4 Oct 2021 → 6 Sept 2022 · 3 dates
  1. Submission deadline
    4 Oct 2021, 12:00 BST
  2. Bids opened
    4 Oct 2021, 13:00 BST
  3. Notice published
    6 Sept 2022, 10:12 BST

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    6 Sept 2022, 10:12 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £1,412,6001 contract exc. VAT
Bids received 2
Contracts signed 1latest 3 Aug 2022
Awarded toValueDateStatus
KPMG£1,412,600 †—Awarded

Contracts

  • Contract 024892-2022-CU.698.RH-1 · KPMG

    Signed
    3 Aug 2022
    Value
    £1,412,600
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
2bids · 2 electronic · 2 from abroad0——

Contracting authority & participating public bodies

Cardiff University

Contracting authorityEducationBody governed by public lawEducation Procurement Services, McKenzie House, 30-36 Newport Road, Cardiff, Wales, CF24 0DEContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • High CourtReview body LondonContact phone

Bidders & participating suppliers

1 commercial party on the notice

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