UKRI Research Grants Audit Review

Contract summary

Industry

• Auditing services - 79212000

Location of contract

United Kingdom

Value of contract

£45,000

Procurement reference

NICEAA0120

Published date

4 October 2024

Closing date

25 July 2024

Closing time

12pm

Contract start date

23 September 2024

Contract end date

22 September 2029

Contract type

Service contract

Procedure type

Call-off from a framework agreement

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

---

Description

The work is to provide an Independent Accountant's Report (IAR) to UKRI at the intervals to enable NICE to correctly claim the grant funding it receives for health research projects. All costs must be supported by an IAR and any uncertified costs will be ineligible for grant claiming. The reports are required by the UKRI depending upon the value of the grant as per this table:
.
Value of grant Independent Accountant Report Frequency
Up to £100,000.00 None
£100,000.01 to £500,000.00 Last claim only
£500,000.01 to £2,000,000.00 Q4 and final claim
£2,000,000.01 and above Every Q4 and final claim

NICE currently has 9 grants which are to be covered by this contract and has been awarded them in a 2-year period, we therefore estimate the work as being 4-6 grants per year over the 5-year duration of the contract we wish to award. The successful supplier would provide the IAR for all eligible grants awarded to NICE over the contract duration.

Application via RM6188 - Lot 4 Other independent assurance

---

Award information

Awarded date

27 September 2024

Contract start date

23 September 2024

Contract end date

22 September 2029

Total value of contract

£45,000

This contract was awarded to 1 supplier.

Forvis Mazars LLP

---

About the buyer

Contact name

Sharon Martin

Address

2nd Floor
2 Redman Place
LONDON
SW1A2BU
England

Telephone

020 7045 2024

Email

sharon.martin@nice.org.uk