External Audit Services

Concepts

• auditing services
• university and subsidiary companies
• external audit services
• comprehensive external audit services
• audit committee
• full statutory service
• audit
• audits
• court of governors
• pre-year end interim

Location

London:

Description

The University is seeking a comprehensive external audit services to be in place from 3rd December 2021. The successful bidder will be proactive in the relationship, sharing experience, knowledge and ideas so that the audit adds value in addition to meeting statutory requirements. The services to be provided are included in the Scope & Specification and will include the full statutory service including, but not limited to: • Pre-year end interim (or systems) audits • Preparation of the annual year-end Corporation tax computations and the submissions to HMRC for the University and Subsidiary Companies. • Preparation of Management Letter and/or Audit Summary • Presentation of Management Letter to one meeting of the Audit Committee (November) and the Court of Governors (December)

Total Quantity or Scope

see procurement document. Additional information: Bidders will need to register for free on the Proactis ProContract procurement portal, by completing a simple registration, Once register 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 9th June 2021 It is suggested that you repeat the instructions for suppliers to explain how they can access either the SQ or ITT documents (depending on the procedure). 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 And in no circumstances will the University be liable for any costs incurred by candidates.

Renewal 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 or periods up to a total of 2 years (at 1year increments) taking the contract term to a maximum of 5 years. The Contract is intended to start on 3rd December 2021. Any extension to the Contract will be agreed between the University of Westminster and the Service Provider. It is likely that University will seek the Service Provider to demonstrate improvements and/or price reductions before considering an extension. For any extension(s) to the Contract, discussions with the Service Provider shall be conducted sufficiently far in advance of the contract expiry date to arrive at an agreed position.

CPV Codes

• 79212000 - Auditing services

Indicators

• This is a one-off contract (no recurrence)
• Renewals are available.
• Staff qualifications are relevant.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. **