Scope
Reference
BU552024
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.
Total value (estimated)
- £1,000,000 excluding VAT
- £1,200,000 including VAT
Above the relevant threshold
Contract dates (estimated)
- 1 June 2025 to 31 May 2028
- Possible extension to 31 July 2030
- 5 years, 2 months
Description of possible extension:
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 procurement category
Services
CPV classifications
- 79212000 - Auditing services
Contract locations
- UKL12 - Gwynedd
Participation
Particular suitability
- Small and medium-sized enterprises (SME)
- Voluntary, community and social enterprises (VCSE)
Submission
Enquiry deadline
24 March 2025, 5:00pm
Tender submission deadline
10 April 2025, 12:00pm
Submission address and any special instructions
Tenders may be submitted electronically
Yes
Languages that may be used for submission
- Welsh
- English
Award decision date (estimated)
6 May 2025
Recurring procurement
Publication date of next tender notice (estimated): 1 November 2029
Award criteria
| Name | Type | Weighting |
|---|---|---|
| Commercial | Price | 60.00% |
| Technical | Quality | 40.00% |
Other information
Applicable trade agreements
- Government Procurement Agreement (GPA)
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Open procedure
Documents
Associated tender documents
https://etenderwales.bravosolution.co.uk
Bangor University uses eTenderwales (BravoSolutions/Jaggaer) software to undertake tender exercises.
ITT code: itt_116110 - External Audit Services
Contracting authority
Prifysgol Bangor / Bangor University
- Public Procurement Organisation Number: PTPM-4795-PZBG
Finance Office
Bangor
LL57 2TR
United Kingdom
Email: procurement@bangor.ac.uk
Website: http://www.bangor.ac.uk
Region: UKL12 - Gwynedd
Organisation type: Public undertaking (commercial organisation subject to public authority oversight)
Devolved regulations that apply: Wales