Find a TenderAwarded

Published 12 Aug 2024, 10:05 BST

Official UK procurement notice

External Audit Tender · Buzzacott LLP for University of Greenwich (Aug 2024)

Official notice

Authority: University of Greenwich (Education)·Consortium: 2 public authorities

ServicesOpen procedure

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

Awarded value£1,034,900published contract · exc. VAT

Awarded 16 Dec 2024

Awarded to Buzzacott LLP

What is being bought

Published requirement description

The University seeks to appoint an external audit provider. The primary role will be to form an audit opinion on whether the consolidated and individual subsidiary company Financial Statements show a true and fair view and are prepared in accordance with the relevant accounting standards

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

The lotProcurement structure

single lot · no lot value published

Lot #13.1.The University seeks to appoint an external audit providerAwarded

3.1.The University seeks to appoint an external audit provider. The primary role will be to form an audit opinion on whether the consolidated and individual subsidiary company Financial Statements show a true and fair view and are prepared in accordance with the relevant accounting standards.

Delivery: South East · SOUTH EAST (ENGLAND)

79212000 Auditing services 79212100 Financial auditing services 79212200 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: 55%Price: 45%

Published sub-criteria (2)

Criterion 1: 55%
Criterion 1: 45%

Published award criteria (2)

Criterion 1: 55
Criterion 1: 45

What this means for your bid

Price carries 45 of 100 points: a 10% discount moves about 4.5 points. Quality carries 55 of 100: the paper moves it further than 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: Unspecified in notice
Recurring procurement: Unspecified in notice
First published: 12 Aug 2024, 10:05 BST
Last source update: 18 Dec 2024, 19:05 GMT
FTS notice number: 2024/S 000-040865
Classification (CPV): Auditing servicesFinancial auditing servicesInternal audit services
Delivery area: South East (UKJ)
Official registry OCID: ocds-h6vhtk-0489bf Find a Tender

Publisher note: The contract is to cover 5 years of audit with the provision of an extension up to 2 years To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=911035239 GO Reference: GO-20241218-PRO-28934363

Notice history

3 events · 2 releases on Find a Tender · since 18 Dec 2024

Status changed to complete
18 Dec 2024, 19:05 GMT
Procurement method changed
18 Dec 2024, 19:05 GMT
Buyer details updated
18 Dec 2024, 19:05 GMT

Published amendments (1 · 0 deadline changes)

When	What	Before	After	Shift
—	TextEstimated total value: · II.1.5)	Value excluding VAT: 300,000 Currency: GBP	Value excluding VAT: 900,000 Currency: GBP
—	TextAdditional information: · II.2.14)	The estimated value of this contract ranges between £150,000 and £300,000. The contract includes an option to extend for an additional two years. More details can be found in the 'Specification of Services' section within the tender documents.	The estimated value of this contract ranges between £600,000 and £900,000. The contract includes an option to extend for an additional two years. More details can be found in the 'Specification of Services' section within the tender documents.

For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-London:-Auditing-services./K4KU8924M8 To respond to this opportunity, please click here: https://www.delta-esourcing.com/respond/K4KU8924M8 GO Reference: GO-2024812-PRO-27371814

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 1

Awarded value £1,034,9001 contract exc. VAT

Bids received 7

Contracts signed 1latest 16 Dec 2024

Awarded to	Value	Date	Status
Buzzacott LLP	£1,034,900 †	—	Awarded

Contracts

Contract 040865-2024-1 · Buzzacott LLP
Signed
16 Dec 2024
Value
£1,034,900
Status
active

Bid statistics published by the authority

Bids	SME	VCSE	Valid bid range
7bids	—	—	—

Contracting authority & participating public bodies

2 public bodies on the notice

University of Greenwich

Contracting authorityEducationBody governed by public lawEducation Park Row, London, South East, SE10 9LSContact email, phone

Dispute resolution & review bodies

University of Greenwich Tel. +44 2083318000, Main Address: www.gre.ac.uk, Address of the buyer profile: www.gre.ac.ukReview contact point LondonContact email, phone

Bidders & participating suppliers

1 commercial party on the notice

Buzzacott LLPAwarded supplierOC329687 130 Wood Street, London, South East, EC2V 6DL

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.