Official UK procurement notice
LU00828 - Provision of External Audit Services
Authority: Loughborough University (Education)
What is being bought
Published requirement descriptionProvision of External Audit Service
CPV: Accounting and auditing services · Accounting, auditing and fiscal services · Auditing services · Financial auditing services
The lotProcurement structure
single lot · value publishedLot #1You are invited to tender for the provision of an External Audit Service to…AwardedRenewalPublished value£750,000
You are invited to tender for the provision of an External Audit Service to Loughborough University. The Contract will be for an initial 5-year period with an option to extend for a further period of up to 24 months, up to a maximum contract length of seven years. The contract will be reviewed following delivery of audit services on an annual basis. Any contract extension will be dependent on satisfactory supplier performance, continued business need and availability of funding and is in any case awarded at the sole discretion of the University. The University’s requirements can be found in Section 3 of this ITT. This Invitation to Tender is following the open procedure under PCR2015 The resulting contract will not be divided into Lots and the University is seeking a single supplier to undertake all requirements. Additional information: To respond to this opportunity please click here: www.delta-esourcing.com/respond/C5MY26EDE2 ↗
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).
Published award criteria (2)
- Quality: 70
- Price: 30
- Price carries 30 of 100 points: a 10% discount moves about 3 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
- Yes
- First published
- 19 Dec 2022, 14:05 GMT
- Last source update
- 11 May 2023, 10:05 BST
- Award evaluation window
- 31 Jan 2023 – …
- Authority reference
LU00828- FTS notice number
2023/S 000-013410- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-03926cFind a Tender
Publisher note: To view this notice, please click here: <a href="https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=780789715" target="_blank">https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=780789715</a> GO Reference: GO-2023511-PRO-22946314
How it was run
Official notice- Submission deadline
- 31 Jan 2023, 12:00 GMT
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bids opened
- 31 Jan 2023, 12:00 GMT
Timeline
31 Jan 2023 → 11 May 2023 · 3 dates- Submission deadline31 Jan 2023, 12:00 GMT
- Bids opened31 Jan 2023, 12:00 GMT
- Notice published11 May 2023, 10:05 BST
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete11 May 2023, 10:05 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| KPMG | £1,598,080 † | — | Awarded |
Contracts
Contract 013410-2023-1 · KPMG
- Signed
- 4 Apr 2023
- Value
- £1,598,080
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 2bids · 2 electronic | — | — | — |
Contracting authority & participating public bodies
Bidders & participating suppliers
1 commercial party on the notice- KPMG LLPAwarded supplier
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria