External Audit Services

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

Estimated value

Awarded value

£863k

Awarded 22 May 2025

Suppliers

1

Lots

1

1 awarded

Published

03 Jun 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
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

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

Procedure
Open procedure

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£863k

Award date

22 May 2025

Contract start

15 Jun 2025

Contract end

15 Jun 2028

Awarded to