Published date: 3 October 2024
This notice was replaced on 3 January 2025
This notice does not contain the most up-to-date information about this procurement. The most recent notice is:
Awarded contract (published 3 January 2025)
Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.
Contract summary
Industry
Auditing services - 79212000
Location of contract
North West
Value of contract
£600,000 to £800,000
Procurement reference
2024-Oct-01
Published date
3 October 2024
Closing date
4 November 2024
Closing time
10am
Contract start date
1 January 2025
Contract end date
31 December 2031
Contract type
Service contract
Procedure type
Open procedure (above threshold)
Any interested supplier may submit a tender in response to an opportunity notice.
This procedure can be used for procurements above the relevant contract value threshold.
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
Yes
Description
The University of Chester is seeking tenders through the UK Open Procedure under the Public Contracts Regulations 2015 and The Public Procurement (Amendment etc.) (EU Exit) Regulations 2020 to appoint an external audit service provider for a period of 5 years with an option to extend for up to two further periods of 12 months each, subject to satisfactory performance and the University's needs.
The primary role of external auditors will be to report on the financial statements of the University of Chester and its subsidiary companies, and to carry out whatever examination of the statements and underlying records and control systems is necessary to reach an opinion on the statements. You will be required to report to the University Council by means of a management letter.
University financial statements and management letter are submitted to the Office for Students by the end of December following the 31st July year end. They are scrutinised by the Audit and Risk Management Committee in mid-November and approved by University Council at the end of November. The on-site work final audit usually takes place during mid-September to mid-October, with interim audit being arranged earlier in the financial year.
You will also be required to report on whether funds provided by the Office for Students, UK Research and Innovation (including Research England), the Education and Skills Funding Agency and the Department for Education have been applied in accordance with the relevant terms and conditions; and the financial statements meet the requirements of the Accounts Direction.
The appointed provider will be required to:
(a) operate in accordance with published audit and accounting standards;
(b) meet professional, ethical and quality standards in completing its work;
(c) comply with terms of reference approved by the Audit and Risk Management Committee,
(d) provide suitably qualified and experienced staff;
(e) endeavour to promote continuity of staffing;
(f) ensure that the staff employed will receive appropriate ongoing training;
(g) set out proposals for liaison with other auditors.
The successful tenderer must be able to demonstrate they can provide a comprehensive service which will satisfy the University's requirement for an External Audit Service, as set out by the Office for Students or UK Research and Innovation (UKRI).
Further details are available in the tender documents which are available from our In-Tend site:
https://in-tendhost.co.uk/universityofchester (https://intendhost.
co.uk/universityofchester).
Please note the estimated total value includes the optional extension periods.
More information
Additional text
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Please note that where you may have previously registered with In-Tend, it will be necessary for you to ensure that your registration does include being registered to see opportunities for University of Chester.
Registration for this site is free for suppliers.
There is also Help/Guidance on how to use the supplier site on the 'Help' section at:
https://intendhost.co.uk/universityofchester/aspx/Help
About the buyer
Contact name
Procurement Services
Address
Parkgate Road
CHESTER
CH1 4BJ
England
Telephone
01244 512395
Website
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