Official UK procurement notice
External Audit Services · UK public procurement notice
Authority: Prifysgol Bangor / Bangor University (Education)
Sectors: Business Services & Consultancy (79) Delivery: Wales (UKL12)
Published estimate£1,000,000≈ £333k / year · £1,200,000 inc. VAT13.8% below published estimate
Submissions closed 10 Apr 2025awarded 23 May 2025
Awarded to Haysmac LLP
Contract term 3 yrsends 31 May 2028 · up to 31 Jul 2030 with extensions · starts 1 Jun 2025
What is being bought
Published requirement descriptionThe University wishes to appoint a firm to audit the University’s annual financial statements in accordance with the Statement of Recommended Practice Accounting for Further and Higher Education (SORP), applicable Accounting Standards, Higher Education Funding Council for Wales’ (MEDR) Memorandum of Assurance and Accountability, MEDR Accounts Direction, and any applicable conditions that MEDR may from to time to time prescribe.
- The authority expects to re-tender this requirement around 1 Nov 2029, 23:59 GMT.
CPV: Auditing services
The lotProcurement structure
single lot · value publishedLot #1AwardedRenewalPublished value£1,000,000
What it takes to wini
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 morei
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).
How bids were scored
Published sub-criteria (2)
- Technical: 40%
- Commercial: 60%
Published award criteria (2)
- Commercial
- Technical
What this means for your bid
- Price carries 60 of 100 points: a 10% discount moves about 6 points. This one is won on the number: sharpen the price before polishing the prose.
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
- UKPGA · 2023/54 Procurement Act 2023
- Procurement category
- Services
- Notice status
- Awarded
- Procurement threshold
- Above threshold (FTS publication)
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- Yes · next expected 1 Nov 2029
- First published
- 12 Mar 2025, 10:45 GMT
- Last source update
- 22 Jul 2025, 14:48 BST
- Award evaluation window
- Submission end – 6 May 2025
- Authority reference
BU522024- FTS notice number
2025/S 000-008914- Latest notice
- Contract details notice (UK7)
- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-04ebf9Find a Tender
How it was run
Official noticeRun through: Jaggaer · Who buys & how to bid on Sell2Wales
Access & registration note: Free; latest Chrome/Edge/Firefox only — corporate browsers fail
- Submission deadline
- 10 Apr 2025, 12:00 BST
- Clarification deadline
- 24 Mar 2025, 17:00 GMT
- Submission channel
- Official e-sourcing portal
- Electronic submission
- Allowed
- Accepted languages
- en, cy
Detailed submission instructions & authority contactsFrom official release
Timeline
12 Mar 2025 → 22 Jul 2025 · 8 dates- Tender notice published12 Mar 2025, 10:45 GMT
- Clarification questions by24 Mar 2025, 17:00 GMT
- Submission deadline10 Apr 2025, 12:00 BST
- Award decision expected by6 May 2025, 23:59 BST
- Contract starts1 Jun 2025, 00:00 BST
- Assessment summaries sent3 Jun 2025, 00:00 BST
- Standstill ends12 Jun 2025, 23:59 BST
- Latest notice published22 Jul 2025, 14:48 BST
Notice history
5 events · 3 releases on Find a Tender · since 12 Mar 2025- Tender notice published12 Mar 2025, 10:45 GMTUK4
- Contract award notice published3 Jun 2025, 15:02 BSTUK6
- Status changed to complete3 Jun 2025, 15:02 BST
- Contract signature expected13 Jun 2025, 23:59 BSTscheduled
- Contract details notice published22 Jul 2025, 14:48 BSTUK7
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecastAwards 1
Awarded value £862,5001 award exc. VAT
Bids received 4
Contracts signed 1latest 9 Jul 2025
| Awarded to | Value | Date | Status |
|---|---|---|---|
| Haysmac LLP16 Jun 2025 – 15 Jun 2028 · up to 15 Jun 2030Extensions: The Contract may be extended beyond the Initial Term on a maximum of 2 (two) occasions, for a period of up to 1 (one) year on each occasion | £862,500 | 23 May 2025 | Awarded |
Contracts
External Audit Services · Haysmac LLP
- Signed
- 9 Jul 2025
- Value
- £862,500
- Period
- 9 Jul 2025 – 30 Jun 2028 · up to 30 Jun 2030 with extensions
- Status
- active
- Extensions
- Option to extend for an additional two (2) years
No agreed KPIs: Service Level Agreement has been agreed
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 4final-stage tenders | 0 | 0 | — |
Contracting authority & participating public bodies
Bidders & participating suppliers
1 commercial party on the notice- HaysMac LLPAwarded supplier
Official documents & specifications (4)
Official links; attachments are not copiedTender pack and attachments
- Bidding documents and specifications Bangor University uses eTenderwales (BravoSolutions/Jaggaer) software to undertake tender exercises. ITT code: itt_116110 - External Audit Services
Notices published for this procedure
- Contract details notice Contract details notice on Find a Tender
- Contract award notice Contract award notice on Find a Tender
- Tender notice Tender notice on Find a Tender