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Official procurement procedure

Provision of External Audit Services to University of South Wales Group & Wrexham University Group

Accounting and auditing services
Auditing services
Financial auditing services
+1 more
Published value
Not published
Submission deadline Not published
Lots published2
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: University of South Wales: "Provision of External Audit Services to University of South Wales Group & Wrexham University Group". Published status: complete. Published value: Value not published. 2 published lots. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityUniversity of South WalesScope & 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 South Wales
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for University of South Wales. 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
2Bids / Report
66.7% 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: 3 active published awards; 3 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 Unpublished data stays unknown.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 South Wales
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
Published18 Oct 2024, 15:27 BST
Last source update18 Oct 2024, 15:27 BST
Recurring procurementNot published
ClassificationAccounting and auditing services, Auditing services, Financial auditing services, Statutory audit services
Delivery area
OCIDocds-h6vhtk-04484d
What is being bought
The University of South Wales has a requirement to tender for the provision of External Audit Services to the University of South Wales Group and Wrexham University Group, the parties to this tender. The University of South Wales Group and Wrexham University Group, parties to this tender, are seeking to appoint external auditors for up to a maximum of five years (three years in the first instance with the option of up to 2 x 1 year extensions on a +1, +1 basis) with effect from 1 August 2024. The appointment would be subject to the continued satisfactory performance by the successful service provider as well as meeting the target of agreed KPI’s.
What changed
From the official release history
  1. Status changed to complete
    18 Oct 2024, 15:27 BST
  2. Official notice release published
    18 Oct 2024, 15:27 BST
  3. Submission deadline changed to published date
    18 Oct 2024, 15:27 BST
  4. Buyer information updated
    18 Oct 2024, 15:27 BST
  5. Status changed to active
    13 Mar 2024, 17:00 GMT
  6. Official notice release published
    13 Mar 2024, 17:00 GMT
  7. Submission deadline changed to 12 Apr 2024, 12:00 BST
    13 Mar 2024, 17:00 GMT
  8. Buyer information updated
    13 Mar 2024, 17:00 GMT
Lots and requirements (2)
Published by the contracting authority
  • Lot 1 · #1
    External Audit Services to University of South Wales Group & Wrexham University
    cancelled
    Published valueNot published
    The University of South Wales Group and Wrexham University, parties to this tender, are seeking to appoint external auditors for up to a maximum of five years (three years in the first instance with the option of up to 2 x 1 year extensions on a +1, +1 basis) with effect from 1 August 2024. The appointment would be subject to the continued satisfactory performance by the successful service provider as well as meeting the target of agreed KPI’s.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
  • Lot 2 · #2
    External Audit Services to the subsidiary companies of both institutions plus Grant audits
    cancelled
    Published valueNot published
    The University of South Wales Group and Wrexham University, parties to this tender, are seeking to appoint external auditors for up to a maximum of five years (three years in the first instance with the option of up to 2 x 1 year extensions on a +1, +1 basis) with effect from 1 August 2024. The appointment would be subject to the continued satisfactory performance by the successful service provider as well as meeting the target of agreed KPI’s.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    18 Oct 2024, 15:27 BST
  2. Award active
    Not published · Not published
  3. Award active
    Not published · Not published
  4. Contract active
    Signed 30 Sept 2024, 00:00 BST · £362,225
  5. Contract active
    Signed 30 Sept 2024, 00:00 BST · £1,329,175
Commercial outcome and competition
Awards
HAYSMACINTYRE LLP
Not published · Not published · active
HAYSMACINTYRE LLP
Not published · Not published · active
Contracts
External Audit Services to the subsidiary companies of both institutions plus Grant audits
£362,225 · signed 30 Sept 2024, 00:00 BST · active
External Audit Services to University of South Wales Group & Wrexham University
£1,329,175 · signed 30 Sept 2024, 00:00 BST · active
Bid statistics
bids: 1 (lot 1)
electronicBids: 1 (lot 1)
foreignBidsFromEU: 1 (lot 1)
foreignBidsFromNonEU: 0 (lot 1)
smeBids: 0 (lot 1)
bids: 1 (lot 2)
electronicBids: 1 (lot 2)
foreignBidsFromEU: 1 (lot 2)
foreignBidsFromNonEU: 0 (lot 2)
smeBids: 0 (lot 2)
Buyer and organisations in this procedure

University of South Wales

Contracting authority GB-FTS-31998
View buyer profile
  • University of South Wales
    buyer

    University of South Wales, Finance Dept, Llantwit Road, Pontypridd, UKL, CF37 1DL
    +44 1443482383
  • Wrexham University
    buyer

    Plas Coch, Mold Road, Wrexham, UKL23, LL11 2AW
    +44 1978293188
  • HAYSMACINTYRE LLP
    supplier

    10 Queen Street Place, London, UKI, EC4R1AG
  • High Court
    reviewBody

    Royal Courts of Justice, The Strand, London, WC2A 2LL
    +44 2079477501
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published