Published date: 24 February 2017

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: 17 March 2017

Contract summary

Industry

  • Auditing services - 79212000

Location of contract

North East

Value of contract

£255,000

Procurement reference

OJEU16-021

Published date

24 February 2017

Closing date

17 March 2017

Contract start date

1 January 2018

Contract end date

31 December 2020

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?

Yes

Contract is suitable for VCSEs?

No

Description

The University wishes to establish a contract with a professional services firm to provide external audit services as required by the University's Audit Committee and the Director of Finance.
The University's governing body, Council, have approved the tendering of the agreement and stated that the overriding consideration is to appoint an audit firm with the right profile and experience to undertake the University's audit, as well as the ability to exercise appropriate judgement on audit issues, provide value for money and auditor independence.
As with all Higher Education Institutions (HEIs), the University is required to comply with FRS102 and the HEFCE SORP. The University is also required to comply with various other standards, for example, Annual Return for the National College of Teaching and Leadership (NCTL), an audit of US federal aid compliance and an audit of US GAAP compliance (triennially).
The contract will not be used by any other contracting authorities.
The contract will be for an initial period of 3 years, with 2 further extension of 12 months available based upon supplier performance and requirement.
A supplier briefing meeting is to be held during W/C 20 March 2017 at Durham University premises. Should you wish to attend or require further information please contact Lyndsay Glasper(lyndsay.glasper@durham.ac.uk )
To express an interest please go to the following website: http://events.transaxions.com/service.aspx?event=6760

More information

Links

About the buyer

Contact name

Lyndsay Glasper

Address

University of Durham Procurement Service, Mountjoy Centre, Holly Wing,
Stockton Road
Durham
DH1 3LE
England

Email

lyndsay.glasper@durham.ac.uk