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Official procurement procedure

RHUL-23003 Delivery of External (Financial) Auditing Services

Financial auditing services
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Royal Holloway and Bedford New College, known as Royal Holloway, University of London: "RHUL-23003 Delivery of External (Financial) Auditing Services". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityRoyal Holloway and Bedford New College, known as Royal Holloway, University of LondonScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: Royal Holloway and Bedford New College, known as Royal Holloway, University of London
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Royal Holloway and Bedford New College, known as Royal Holloway, University of London. 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
7.5Bids / Report
0% 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: 2 active published awards; 2 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 Unpublished data stays unknown.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
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
Published31 Aug 2023, 16:06 BST
Last source update31 Aug 2023, 16:06 BST
Recurring procurementNot published
ClassificationFinancial auditing services
Delivery area
OCIDocds-h6vhtk-03b548
What is being bought
AWARDED 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.
What changed
From the official release history
  1. tender value changed
    31 Aug 2023, 16:06 BST
  2. Status changed to complete
    31 Aug 2023, 16:06 BST
  3. Official notice release published
    31 Aug 2023, 16:06 BST
  4. Submission deadline changed to published date
    31 Aug 2023, 16:06 BST
  5. Published value updated to £734,400
    22 Mar 2023, 19:05 GMT
  6. Status changed to active
    22 Mar 2023, 19:05 GMT
  7. Official notice release published
    22 Mar 2023, 19:05 GMT
  8. Submission deadline changed to 11 May 2023, 11:00 BST
    22 Mar 2023, 19:05 GMT
  9. Buyer information updated
    22 Mar 2023, 19:05 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    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: https://www.delta-esourcing.com/respond/8R6V4QPB98
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    31 Aug 2023, 16:06 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 6 Jul 2023, 00:00 BST · £1,534,000
Commercial outcome and competition
Awards
KPMG LLP
Not published · Not published · active
Contracts
RHUL-23003 Delivery of External Audit Services
£1,534,000 · signed 6 Jul 2023, 00:00 BST · active
Bid statistics
bids: 3 (lot 1)
electronicBids: 3 (lot 1)
foreignBidsFromEU: 0 (lot 1)
foreignBidsFromNonEU: 0 (lot 1)
smeBids: 0 (lot 1)
Buyer and organisations in this procedure

Royal Holloway and Bedford New College, known as Royal Holloway, University of London

Contracting authority GB-FTS-9157
View buyer profile
  • Royal Holloway and Bedford New College, known as Royal Holloway, University of London
    buyer

    United Kingdom
    Egham Hill, Egham, UKJ25, TW20 0EX
    +44 1784414181
  • KPMG LLP
    supplier

    OC301540
    15 Canada Square, Canary Wharf, London, UKI4, E14 5GL
    +44 2073111000
  • Royal Courts of Justice
    reviewBody

    The Strand, London, WC2A 2LL
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published