Internal Audit

Contract summary

Industry

• Internal audit services - 79212200

Location of contract

SO17 1BJ

Value of contract

£519,630.76

Procurement reference

2022UoS-0448

Published date

25 July 2024

Closing date

8 March 2024

Closing time

12pm

Contract start date

31 July 2024

Contract end date

30 July 2027

Contract type

Service contract

Procedure type

Call-off from a framework agreement

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

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Description

The University of Southampton is inviting tenders for the provision of internal audit services.
The successful firm will take up its appointment on 1 August 2024 in respect of the financial year ending 31 July 2025. The appointment will be made in accordance with the terms and conditions of funding for higher education institutions between the Office for Students.[1]
The internal audit service provided by the successful Supplier will deliver independent assurance to the University on all financial and related control arrangements, including risk management, data assurance and value for money delivery. All areas of the University group are to be covered. The Supplier will evaluate and annually report to management on the adequacy and effectiveness of the University arrangements for:
 Risk management, control and governance
 Economy, efficiency and effectiveness (VFM)
 The management and quality assurance of data

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Award information

Awarded date

18 July 2024

Contract start date

31 July 2024

Contract end date

30 July 2027

Total value of contract

£519,630.76

This contract was awarded to 1 supplier.

KPMG AUDIT PLC

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About the buyer

Contact name

Rosie Pringle

Address

HIGHFIELD CAMPUS,UNIVERSITY ROAD
SOUTHAMPTON
SO171BJ
England

Email

procurement@soton.ac.uk