Published date: 16 February 2022

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.


Closing: 23 March 2022, 11am

Contract summary

Industry

  • Financial auditing services - 79212100

Location of contract

East Midlands

Value of contract

£500,000

Procurement reference

BIP659772815

Published date

16 February 2022

Closing date

23 March 2022

Closing time

11am

Contract start date

1 July 2022

Contract end date

30 June 2025

Contract type

Service contract

Procedure type

Open procedure

Any interested supplier may submit a tender in response to an opportunity notice.

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

Description

The University is seeking to appoint External auditors who have in-depth knowledge and experience of the Higher Education (HE) Sector. The Contract will run for a period of 3 years commencing c. July 2022. There will be an option for the University to extend the Contract by two further periods of 12 months until June 2027. The services are to include:

• Provision of a statutory audit of the Group financial statements initially for year ending 31 July 2022, in accordance with applicable auditing standards.
• Produce Audit findings report for Senior Management, the Governing Body and the Office for Students (OfS).
• Identify process and control improvements and make recommendations to Senior Management.
• Audit and sign-off of the US Federal Loan Return in accordance with US Department of Education requirements.
• Audit and sign-off of the Teacher's Pension Scheme (TPS) return in accordance with TPS requirements.
• Audit and sign-off of financial covenant calculations.

More information

Links

About the buyer

Address

Brayford Pool
Lincoln
LN6 7TS
UK

Telephone

+441522886762

Email

LSIMMS@LINCOLN.AC.UK