Official UK procurement notice
RHUL-23003 Delivery of External (Financial) Auditing Services
Authority: Royal Holloway and Bedford New College (Education)
What is being bought
Published requirement descriptionAWARDED to KPMG LLP, a contract for the Delivery of External Audit Services. Duration: 7 years plus 1 plus 1 optional 1 year extensions. Estimated total value of agreement over nine years (maximum term) = £1,534,500 ex VAT.
- Recurrence: 96 months
CPV: Financial auditing services
The lotProcurement structure
single lot · value publishedLot #1The university is seeking to appoint a capable and experienced provider for the…AwardedRenewalPublished value£734,400
The university is seeking to appoint a capable and experienced provider for the Delivery of External Audit Services. Full details of the requirement are contained within the tender documentation. Contract duration: 7 years plus 1 plus 1 year optional extensions. Understanding of delivery of these services within a Higher Education context is a key requirement. Only tenders received electronically via the Delta system by the submission date will be considered. Please send any questions in relation to this procurement process via the Messaging feature within Delta. Additional information: To respond to this opportunity please click here: www.delta-esourcing.com/respond/8R6V4QPB98 ↗
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 (2)
- Quality/Technical: 80%
- price: 20%
Published award criteria (2)
- Quality/Technical: 80
- Price: 20
- Suitability
Please see tender documentation for details. Note: The successful provider must meet the eligibility criteria for external auditors of higher education corporations as set out in paragraph 59(b) of Schedule 8 of the Further and Higher Education Act 1992.
- Price carries 20 of 100 points: a 10% discount moves about 2 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 · 96 months
- First published
- 22 Mar 2023, 19:05 GMT
- Last source update
- 31 Aug 2023, 16:06 BST
- Award evaluation window
- 11 May 2023 – …
- Authority reference
RHUL-23003- FTS notice number
2023/S 000-025665- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-03b548Find a Tender
- Electronic trading
- e-invoicing allowed · electronic ordering · electronic payment
Publisher note: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement. To view this notice, please click here: <a href="https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=806121523" target="_blank">https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=806121523</a> GO Reference: GO-2023831-PRO-23767263
How it was run
Official notice- Submission deadline
- 11 May 2023, 11:00 BST
- Submission channel
- {"written"}
- Accepted languages
- en
- Bids opened
- 11 May 2023, 11:00 BST
Timeline
11 May 2023 → 31 Aug 2023 · 4 dates- Submission deadline11 May 2023, 11:00 BST
- Bids opened11 May 2023, 11:00 BST
- Notice published31 Aug 2023, 16:06 BST
- Bids must remain valid until31 Aug 2023, 23:59 BST
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete31 Aug 2023, 16:06 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| KPMGRHUL-23003 Delivery of External Audit Services | £1,534,000 † | — | Awarded |
Contracts
RHUL-23003 Delivery of External Audit Services · KPMG
- Signed
- 6 Jul 2023
- Value
- £1,534,000
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 3bids · 3 electronic | 0 | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- Royal Courts of JusticeReview body
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