External Audit Services

Prifysgol Bangor / Bangor UniversitycontractFind a TenderRef ocds-h6vhtk-04ebf9Procurement Act 2023SME suitableVCSE suitableclosed for bids
View buyer

Estimated value

£1.0m

services

Awarded value

Suppliers

0

Lots

1

0 awarded

Published

12 Mar 2025

Deadline 10 Apr 2025

Description

The University wishes to appoint a firm to audit the University’s annual financial statements in accordance with the Statement of Recommended Practice Accounting for Further and Higher Education (SORP), applicable Accounting Standards, Higher Education Funding Council for Wales’ (MEDR) Memorandum of Assurance and Accountability, MEDR Accounts Direction and any applicable conditions that MEDR may from to time to time prescribe.

Scope

Reference
BU552024
Total value
£1,000,000 excluding VAT
£1,200,000 including VAT
Above the relevant threshold
Commercial tool
Standalone contract
Contract dates
31 May 2025 to 31 May 2028
Possible extension to 31 Jul 2030

The Contract may be extended beyond the Initial term on a maximum of two occasions, for a period of up to 1 (one) year on each occasion

Main category
services
CPV classifications
79212000
Contract locations
Wales, United Kingdom
Particular suitability
Small and medium-sized enterprises (SME)Voluntary, community and social enterprises (VCSE)

Award criteria

Criteria the buyer will use to evaluate bids.

NameDescriptionTypeWeighting
Commercialprice60.00%
Technicalquality40.00%

Submission & procedure

Enquiry deadline
24 Mar 2025, 5:00 pm
Submission deadline
10 Apr 2025, 11:00 am
Submission address
https://etenderwales.bravosolution.co.uk
Electronic submission
Yes
Procedure
Open procedure