Scope
Reference
BU522024
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.
Contract 1. External Audit Services
Supplier
Contract value
- £862,500 excluding VAT
- £1,035,000 including VAT
Above the relevant threshold
Date signed
9 July 2025
Contract dates
- 9 July 2025 to 30 June 2028
- Possible extension to 30 June 2030
- 4 years, 11 months, 22 days
Description of possible extension:
Option to extend for an additional two (2) years
Main procurement category
Services
CPV classifications
- 79212000 - Auditing services
Contract locations
- UKL12 - Gwynedd
Justification for not setting key performance indicators
Service Level Agreement has been agreed
Other information
Applicable trade agreements
- Government Procurement Agreement (GPA)
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Open procedure
Supplier
HaysMac LLP
- Public Procurement Organisation Number: PPYL-6311-CVRN
10 Queen Street Place
London
EC4R 1AG
United Kingdom
Email: tenders@haysmac.com
Region: UKI31 - Camden and City of London
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 1. External Audit Services
Contracting authority
Prifysgol Bangor / Bangor University
- Public Procurement Organisation Number: PTPM-4795-PZBG
Finance Office
Bangor
LL57 2TR
United Kingdom
Email: e.wells@bangor.ac.uk
Website: http://www.bangor.ac.uk
Region: UKL12 - Gwynedd
Organisation type: Public authority - sub-central government
Devolved regulations that apply: Wales