Contract

External Audit Services

  • University of Lincoln

F03: Contract award notice

Notice identifier: 2022/S 000-019976

Procurement identifier (OCID): ocds-h6vhtk-0317bc

Published 22 July 2022, 10:05am



Section one: Contracting authority

one.1) Name and addresses

University of Lincoln

Brayford Pool

LINCOLN

LN6 7TS

Contact

Laura Simms

Email

LSIMMS@LINCOLN.AC.UK

Telephone

+44 1522886703

Country

United Kingdom

NUTS code

UKF3 - Lincolnshire

Internet address(es)

Main address

https://www.lincoln.ac.uk/

one.4) Type of the contracting authority

Body governed by public law

one.5) Main activity

Education


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

External Audit Services

Reference number

359

two.1.2) Main CPV code

  • 79212100 - Financial auditing services

two.1.3) Type of contract

Services

two.1.4) Short description

This is a contract award notice for the provision of External Audit Services to the University of Lincoln. The University has conducted an open tender process to appoint auditors who have in-depth knowledge and experience in the Higher Education (HE) Sector.

two.1.6) Information about lots

This contract is divided into lots: No

two.1.7) Total value of the procurement (excluding VAT)

Value excluding VAT: £550,000

two.2) Description

two.2.3) Place of performance

NUTS codes
  • UKF3 - Lincolnshire
Main site or place of performance

Lincolnshire

two.2.4) Description of the procurement

This is a contract award notice for the provision of External Audit Services to the University of Lincoln. The University has conducted an open tender process to appoint auditors who have in-depth knowledge and experience in the Higher Education (HE) Sector. High level services covered by the contract are:

- Statutory audit of the group financial statements.

- Audit and sign-off of US Federal Loan Return, in accordance with US Department of Education requirements.

- Audit and sign-off of the Teacher's Pension Scheme (TPS) return in accordance with TPS requirements.

- Audit and sign-off of financial covenant calculations.

The contract will run for a period of 3 years commencing on 1st July 2022. There will be an option for the University to extend the contract by two further periods of 12 months until 30th June 2027

two.2.5) Award criteria

Quality criterion - Name: Quality / Weighting: 70

Cost criterion - Name: Cost / Weighting: 30

two.2.11) Information about options

Options: No

two.2.13) Information about European Union Funds

The procurement is related to a project and/or programme financed by European Union funds: No


Section four. Procedure

four.1) Description

four.1.1) Type of procedure

Open procedure

four.1.8) Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: Yes

four.2) Administrative information

four.2.1) Previous publication concerning this procedure

Notice number: 2022/S 000-004384


Section five. Award of contract

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

10 June 2022

five.2.2) Information about tenders

Number of tenders received: 2

Number of tenders received by electronic means: 2

The contract has been awarded to a group of economic operators: No

five.2.3) Name and address of the contractor

KPMG LLP

One Snowhill, Snowhill Queensway

Birmingham

B4 6GH

Country

United Kingdom

NUTS code
  • UKG31 - Birmingham
National registration number

OC301540

The contractor is an SME

No

five.2.4) Information on value of contract/lot (excluding VAT)

Initial estimated total value of the contract/lot: £550,000

Total value of the contract/lot: £550,000


Section six. Complementary information

six.3) Additional information

To view this notice, please click here:

https://neupc.delta-esourcing.com/delta/viewNotice.html?noticeId=707265639

GO Reference: GO-2022722-PRO-20659225

six.4) Procedures for review

six.4.1) Review body

University of Lincoln

Brayford Pool

Lincoln

LN6 7TS

Email

LSIMMS@LINCOLN.AC.UK

Country

United Kingdom

six.4.3) Review procedure

Precise information on deadline(s) for review procedures

The Contracting Authority incorporated a minimum 10 calendar day standstill period following electronic notification (minimum of 15 calendar days for any other means of communication) to applicants of the award decision.

This notification provided the information that the tenderers were legally entitled to regarding the award decision. The standstill period provides time for unsuccessful tenderers to challenge the award decision before the contract is entered into. The Public Contracts Regulations 2015 provide aggrieved parties who have been harmed or are at risk of harm by a breach of the rules to take action in the High Court (England, Wales and Northern Ireland).