Section one: Contracting authority/entity
one.1) Name and addresses
Swansea University
Procurement Office, Swansea University, Singleton Park
Swansea
SA2 8PP
Telephone
+44 1792602779
Country
United Kingdom
NUTS code
UKL18 - Swansea
Internet address(es)
Main address
Buyer's address
https://www.sell2wales.gov.wales/search/Search_AuthProfile.aspx?ID=AA0345
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Supply of External Audit Services
Reference number
T107(15)
two.1.2) Main CPV code
- 79212100 - Financial auditing services
two.1.3) Type of contract
Services
two.2) Description
two.2.2) Additional CPV code(s)
- 79212000 - Auditing services
two.2.3) Place of performance
NUTS codes
- UKL18 - Swansea
Main site or place of performance
Swansea
two.2.4) Description of the procurement at the time of conclusion of the contract:
The University is inviting tenders for the provision of an external audit service, for an initial period of 5 yearswith an option for the University to extend for a further period of up to 2 years. The successful firm will take upits appointment in respect of the audit of the accounts for the financial year ended 31.7.2016. The appointmentwill be made in accordance with the Audit Code of Practice issued by the Higher Education Funding Council forWales (HEFCW).
two.2.7) Duration of the contract, framework agreement, dynamic purchasing system or concession
Duration in months
84
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.2) Administrative information
four.2.1) Contract award notice concerning this contract
Notice number: 2015/S 114-206929
Section five. Award of contract/concession
Contract No
T107(15)
Title
Supply of External Audit Services
five.2) Award of contract/concession
five.2.1) Date of conclusion of the contract/concession award decision:
22 July 2015
five.2.2) Information about tenders
The contract/concession has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor/concessionaire
PricewaterhouseCoopers
1 Kingsway
Cardiff
CF103PW
Telephone
+44 000000
Fax
+44 000000
Country
United Kingdom
NUTS code
- UKL22 - Cardiff and Vale of Glamorgan
The contractor/concessionaire is an SME
No
five.2.4) Information on value of the contract/lot/concession (at the time of conclusion of the contract;excluding VAT)
Total value of the procurement: £900,000
Section six. Complementary information
six.3) Additional information
(WA Ref:115322)
six.4) Procedures for review
six.4.1) Review body
High Court
Royal Courts of Justice, The Strand
London
WC2A 2LL
Telephone
+44 2079477501
Country
United Kingdom
Section seven: Modifications to the contract/concession
seven.1) Description of the procurement after the modifications
seven.1.1) Main CPV code
- 79212000 - Auditing services
seven.1.3) Place of performance
NUTS code
- UKL18 - Swansea
seven.1.4) Description of the procurement:
The contract is to be extended to cover the audit required for the University’s 2021 financial year. The contract also covers non-statutory audits that cover the wider university, this extension will cover the wider audit requirements of the University until a replacement contract has been tendered.
seven.1.5) Duration of the contract, framework agreement, dynamic purchasing system or concession
Duration in months
12
seven.1.6) Information on value of the contract/lot/concession (excluding VAT)
Total value of the contract/lot/concession:
£1,340,000
seven.1.7) Name and address of the contractor/concessionaire
PricewaterhouseCoopers
1 Kingsway
Cardiff
CF103PW
Telephone
+44 000000
Fax
+44 000000
Country
United Kingdom
NUTS code
- UKL22 - Cardiff and Vale of Glamorgan
The contractor/concessionaire is an SME
No
seven.2) Information about modifications
seven.2.1) Description of the modifications
Nature and extent of the modifications (with indication of possible earlier changes to the contract):
The contract is to be extended to cover the audit required for the University’s 2021 financial year. The contract also covers non-statutory audits that cover the wider university, this extension will cover the wider audit requirements of the University until a replacement contract has been tendered.
seven.2.2) Reasons for modification
Need for modification brought about by circumstances which a diligent contracting authority/entity could not foresee.
Description of the circumstances which rendered the modification necessary and explanation of the unforeseen nature of these circumstances:
Since March 2020 the Covid-19 pandemic has required Finance stakeholders to focus their efforts on a shift to home working and maintaining continuity of financial services . These challenges continued though 2021. The modification does not alter the overall nature of the contract, Any increase in price does not exceed 50% of the value of the original contract.
seven.2.3) Increase in price
Updated total contract value before the modifications (taking into account possible earlier contract modifications, price adaptions and average inflation)
Value excluding VAT: £900,000
Total contract value after the modifications
Value excluding VAT: £1,340,000