Official UK procurement notice
Provision of External Audit Services to University of South Wales Group & Wrexham University Group
Authority: University of South Wales (Education)·Consortium: 3 public authorities
What is being bought2 lots · detail below
Published requirement descriptionThe 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.
CPV: Accounting and auditing services · Auditing services · Financial auditing services · Statutory audit services
Lots and requirements (2)Procurement structure
2 lots · no lot values published · a supplier may bid for at most 2 of them · same evaluation weights on every lotLot #1External Audit Services to University of South Wales Group & Wrexham UniversityAwardedRenewal
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.
Lot #2External Audit Services to the subsidiary companies of both institutions plus Grant auditsAwardedRenewal
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.
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 sub-criteria (9)
- Quality of the audit process: 20%
- Risk Management: 10%
- Relationship Management: 10%
- Service Delivery: 10%
- Audit Methodology & Software: 5%
- Terms & Conditions: 5%
- Interview: 10%
- price: 25%
- Social Value: 5%
Published award criteria (9)
- Quality of the audit process: 20
- Risk Management: 10
- Relationship Management: 10
- Service Delivery: 10
- Audit Methodology & Software: 5
- Terms & Conditions: 5
- Social Value: 5
- Interview: 10
- Price: 25
- Suitability
See PQQ for full information
- Technical & professional ability
See PQQ for full information
- Staff
- Names and qualifications of delivery staff must be submitted
- Price carries 25 of 100 points: a 10% discount moves about 2.5 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
- Competitive procedure with negotiation
- 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
- 13 Mar 2024, 17:00 GMT
- Last source update
- 18 Oct 2024, 15:27 BST
- Authority reference
1844- FTS notice number
2024/S 000-033815- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-04484dFind a Tender
- Electronic trading
- e-invoicing allowed · electronic ordering · electronic payment
- Performance terms
Performance monitoring - See PQQ & ITT for full information
Publisher note: (WA Ref:145083)
How it was run
Official notice- Submission deadline
- 12 Apr 2024, 12:00 BST
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en, cy
- Bid validity
- 150 days from the deadline
Timeline
12 Apr 2024 → 18 Oct 2024 · 3 dates- Submission deadline12 Apr 2024, 12:00 BST
- Invitations to tender expected22 Apr 2024, 00:00 BST
- Notice published18 Oct 2024, 15:27 BST
Notice history
2 events · 2 releases on Find a Tender · since 18 Oct 2024- Status changed to complete18 Oct 2024, 15:27 BST
- Buyer details updated18 Oct 2024, 15:27 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Lot 1 · External Audit Services to University of South Wales Group & Wrexham University1 award | |||
| Haysmac LLP | £1,329,175 † | — | Awarded |
| Lot 2 · External Audit Services to the subsidiary companies of both institutions plus Grant audits1 award | |||
| Haysmac LLP | £362,225 † | — | Awarded |
Contracts
External Audit Services to the subsidiary companies of both institutions plus Grant audits · Haysmac LLP
- Signed
- 30 Sept 2024
- Value
- £362,225
- Status
- active
External Audit Services to University of South Wales Group & Wrexham University · Haysmac LLP
- Signed
- 30 Sept 2024
- Value
- £1,329,175
- Status
- active
Bid statistics published by the authority
| Lot | Bids | SME | VCSE | Valid bid range |
|---|---|---|---|---|
| 1 · External Audit Services to University of South Wales Group & Wrexham University | 1bids · 1 electronic · 1 from abroad | 0 | — | — |
| 2 · External Audit Services to the subsidiary companies of both institutions plus Grant audits | 1bids · 1 electronic · 1 from abroad | 0 | — | — |
Contracting authority & participating public bodies
2 public bodies on the noticeConsortium members and other public bodies
- Wrexham UniversityContracting authority
Dispute resolution & review bodies
- High CourtReview body
Bidders & participating suppliers
1 commercial party on the notice- HAYSMACINTYRE LLPAwarded supplier
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria