Section one: Contracting authority
one.1) Name and addresses
THE UNIVERSITY OF WESTMINSTER
309 Regent Street
LONDON
W1B2HW
Telephone
+44 2079115000
Country
United Kingdom
Region code
UKI32 - Westminster
Companies House
00977818
Internet address(es)
Main address
one.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge, at
https://procontract.due-north.com/
Additional information can be obtained from the above-mentioned address
Tenders or requests to participate must be submitted electronically via
https://procontract.due-north.com/
Tenders or requests to participate must be submitted to the above-mentioned address
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
Internal Audit Services
Reference number
DN731455
two.1.2) Main CPV code
- 79212200 - Internal audit services
two.1.3) Type of contract
Services
two.1.4) Short description
The University requires an internal audit service in compliance with the Code of Audit Practice. The Successful Bidder will be required to independently appraise the University's activities, its financial systems and management controls. The University adopts a risk-based approach to audit, taking account of the University's culture and business strategy.
The Internal Audit Service provided by the Successful Bidder will be responsible for providing assurance to the University's Governing Body on all significant risks and control, including business risk. As part of its function, the Successful Bidder will evaluate and report to management on the effectiveness of governance, risk management and internal controls for which management is responsible.
two.1.6) Information about lots
This contract is divided into lots: No
two.2) Description
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
two.2.4) Description of the procurement
The University requires an internal audit service in compliance with the Code of Audit Practice. The Successful Bidder will be required to independently appraise the University's activities, its financial systems and management controls. The University adopts a risk-based approach to audit, taking account of the University's culture and business strategy.
The Internal Audit Service provided by the Successful Bidder will be responsible for providing assurance to the University's Governing Body on all significant risks and control, including business risk. As part of its function, the Successful Bidder will evaluate and report to management on the effectiveness of governance, risk management and internal controls for which management is responsible.
two.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months
36
This contract is subject to renewal
No
two.2.10) Information about variants
Variants will be accepted: No
two.2.11) Information about options
Options: Yes
Description of options
It is anticipated that the new contract will be for an initial period of 3 years. With an option to extend for a further period of 2 years, at 12-month increments, taking the contract term to a maximum of 5 years. The Contract is intended to start on 1st August 2025.
Any contract extension will be agreed upon between the University of Westminster and the successful bidder. The University will likely seek that the successful bidder demonstrate improvements and/or price reductions before considering an extension.
For any extension(s) to the Contract, discussions with the successful bidder shall be conducted sufficiently far in advance of the contract expiry date to arrive at an agreed position.
two.2.14) Additional information
Bidders will need to register for free on the Proactis Pro-Contract procurement portal (https://procontract.due-north.com) by completing a simple registration. Once registered, bidders can use the search function under "find opportunities" to find the tender. If Bidders do not meet one or more of the minimum requirements for each Selection Criteria Bidders will be excluded from the process. If bidders pass all Selection Criteria, their Bid will be fully scored and evaluated.
Bidders must submit their tender via the portal by 16 August 2024
The University expressly reserves the rights:
i) Not to award any contract as a result of this procurement process commenced by publication of this notice.
ii) To make whatever changes it may see fit to the content and structure of the tendering competition.
iii) To award (a) contract(s) in respect of any part(s) of the [services] covered by this notice;
and in no circumstances will the University be liable for any costs incurred by Bidders.
Section three. Legal, economic, financial and technical information
three.1) Conditions for participation
three.1.2) Economic and financial standing
Selection criteria as stated in the procurement documents
three.1.3) Technical and professional ability
Selection criteria as stated in the procurement documents
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.2.2) Time limit for receipt of tenders or requests to participate
Date
16 August 2024
Local time
12:00pm
four.2.4) Languages in which tenders or requests to participate may be submitted
English
four.2.7) Conditions for opening of tenders
Date
16 August 2024
Local time
5:00pm
Section six. Complementary information
six.1) Information about recurrence
This is a recurrent procurement: No
six.2) Information about electronic workflows
Electronic ordering will be used
Electronic invoicing will be accepted
Electronic payment will be used
six.4) Procedures for review
six.4.1) Review body
University of Westminster
London
Country
United Kingdom
six.4.3) Review procedure
Precise information on deadline(s) for review procedures
The University will incorporate a minimum 10 calendar day standstill period at the point that information on the award of the contract is communicated to tenderers. If an appeal regarding the award of the contract has not been successfully resolved, then the Public Contracts Regulations 2015 provide for aggrieved parties who have been harmed or are at risk of harm by breach of the rules to take action in the High Court. Any such action must be brought promptly.