UK

Contract notice

Information

Published

Expire date: 09/01/2024

External Reference: 2023-560717

FTS Reference: 2023-035020

Contract notice

Contract notice

Section I: Contracting authority

I.1)

Name and addresses

London Universities Purchasing Consortium
N/A
Shropshire House, 179 Tottenham Court Road, Fitzrovia
London
W1T 7NZ
UK
Contact person: Reece Baines
Telephone: +44 212345678
E-mail: r.baines@lupc.ac.uk
NUTS code:  UKI3 -  Inner London – West
Internet address(es):
Main address: https://www.lupc.ac.uk
Address of the buyer profile: https://uk.eu-supply.com/ctm/Company/CompanyInformation/Index/81165

I.2)

Joint procurement

The contract is awarded by a central purchasing body
I.3)

Communication

The procurement documents are available for unrestricted and full direct access, free of charge, at:  
https://uk.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=75565&B=LUPC
Additional information can be obtained from
the abovementioned address:  
Tenders or requests to participate must be submitted
electronically via:  https://uk.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=75565&B=LUPC
Tenders or requests to participate must be submitted
to the abovementioned address
I.4)

Type of the contracting authority

Body governed by public law
I.5)

Main activity

Education

Section II: Object

II.1)

Scope of the procurement

II.1.1)

Title

The Courtauld - The Provision Of External Auditors
Reference number:  LUPC - 1021-0196
II.1.2)

Main CPV code

79212100  -  Financial auditing services
II.1.3)

Type of contract

Services
II.1.4)

Short description

The Courtauld seeks to appoint an external auditor for the University, whose work will report to the Governing Board via the Audit and Risk Committee and assist management in independently auditing the financial statements of the University. T
II.1.6)

Information about lots

This contract is divided into lots: no
II.2)

Description

II.2.2)

Additional CPV code(s)

79212200  -  Internal audit services
79212300  -  Statutory audit services
79212500  -  Accounting review services
II.2.3)

Place of performance

NUTS code:  UKI3 -  Inner London – West
NUTS code:  UKI -  LONDON
NUTS code:  UK -  UNITED KINGDOM
Main site or place of performance:  
WC2R 0RN
II.2.4)

Description of the procurement

The Courtauld seeks to appoint an external auditor for the University, whose work will report to the Governing Board via the Audit and Risk Committee and assist management in independently auditing the financial statements of the University. The auditor will be expected to provide a management report to the Audit and Risk Committee in accordance with auditing standards which will be shared with the OfS each year. The purpose of this Invitation to Tender is to select a service provider which represents the best value for money in terms of price and quality of service to meet the external audit requirement of the University and its subsidiaries. The service provider must confirm in their tender response that they: • are a registered statutory auditor and are eligible for appointment as external auditor within the requirements of the OfS. • are an accredited/registered provider who, if required at a future date for the US loans engagement, can prepare a report that is consistent with the US assurance standards. • have in place appropriate training and development programmes to sufficiently support staff development in these areas to that ensure that compliance is maintained and high-quality work can be carried out. • have relevant experience of working with clients in the Higher Education (HE) sector.
II.2.5)

Award criteria

Price is not the only award criterion and all criteria are stated only in the procurement documents
II.2.6)

Estimated value

Value excluding VAT: 500000.00  GBP
II.2.7)

Duration of the contract, framework agreement or dynamic purchasing system

Start: 12/02/2024  /  End: 12/02/2028
This contract is subject to renewal: yes
Description of renewals:  
After the initial Contract of 4 years there will be an option for a further 4 x 12-month extensions.
II.2.10)

Information about variants

Variants will be accepted: no
II.2.11)

Information about options

Options: no
II.2.13)

Information about European Union funds

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

Section III: Legal, economic, financial and technical information

III.1)

Conditions for participation

III.1.2)

Economic and financial standing

Selection criteria as stated in the procurement documents
III.1.3)

Technical and professional ability

Selection criteria as stated in the procurement documents
III.2)

Conditions related to the contract

Section IV: Procedure

IV.1)

Description

IV.1.1)

Type of procedure

Open procedure
IV.1.8)

Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement : yes
IV.2)

Administrative information

IV.2.2)

Time limit for receipt of tenders or requests to participate

Date:  09/01/2024
Local time:  23:59
IV.2.4)

Languages in which tenders or requests to participate may be submitted

English
IV.2.6)

Minimum time frame during which the tenderer must maintain the tender

Tender must be valid until:  09/04/2024
IV.2.7)

Conditions for opening of tenders

Date:  09/01/2024
Local time:  23:59

Section VI: Complementary information

VI.1)

Information about recurrence

This is a recurrent procurement:  no
VI.2)

Information about electronic workflows

Electronic ordering will be used
Electronic invoicing will be accepted
Electronic payment will be used
VI.4)

Procedures for review

VI.4.1)

Review body

LUPC
LUPC 179 Tottenham Court Road, London W1T 7NZ
London
W1T 7NZ
UK
Telephone: +44 7484245503
E-mail: r.baines@lupc.ac.uk