UK-Lincoln: Financial auditing services.
Section I: Contracting Authority
I.1) Name and addresses
University of Lincoln
Brayford Pool, Lincoln, LN6 7TS, United Kingdom
Tel. +44 1522886762, Email: LSIMMS@LINCOLN.AC.UK
Contact: Laura Simms
Main Address: https://www.lincoln.ac.uk/
NUTS Code: UKF3
I.2) Joint procurement
The contract involves joint procurement: No.
In the case of joint procurement involving different countries, state applicable national procurement law: Not provided
The contract is awarded by a central purchasing body: No.
I.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge, at: https://www.delta-esourcing.com/tenders/UK-UK-Lincoln:-Financial-auditing-services./554P9P2DK8
Additional information can be obtained from: the abovementioned address
Tenders or requests to participate must be sent electronically via https://www.delta-esourcing.com/tenders/UK-title/XW737XJ8S7 to the abovementioned address
Electronic communication requires the use of tools and devices that are not generally available. Unrestricted and full direct access to these tools and devices is possible, free of charge, at: Not provided
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: 359 - External Audit Services
Reference Number: 359
II.1.2) Main CPV Code:
79212100 - Financial auditing services.

II.1.3) Type of contract: SERVICES
II.1.4) Short description: The University is seeking to appoint External auditors who have in-depth knowledge and experience of the Higher Education (HE) Sector. The Contract will run for a period of 3 years commencing c. July 2022. There will be an option for the University to extend the Contract by two further periods of 12 months until June 2027. The services are to include:

• Provision of a statutory audit of the Group financial statements initially for year ending 31 July 2022, in accordance with applicable auditing standards.
• Produce Audit findings report for Senior Management, the Governing Body and the Office for Students (OfS).
• Identify process and control improvements and make recommendations to Senior Management.
• Audit and sign-off of the US Federal Loan Return in accordance with US Department of Education requirements.
• Audit and sign-off of the Teacher’s Pension Scheme (TPS) return in accordance with TPS requirements.
• Audit and sign-off of financial covenant calculations.
II.1.5) Estimated total value:
Value excluding VAT: 500,000
Currency: GBP
II.1.6) Information about lots:
This contract is divided into lots: No

II.2) Description

II.2.2) Additional CPV codes:
Not Provided
II.2.3) Place of performance:
UKF3 Lincolnshire

II.2.4) Description of procurement: The University is seeking to appoint External auditors who have in-depth knowledge and experience of the Higher Education (HE) Sector. The Contract will run for a period of 3 years commencing as soon as possible following contract award (c. July 2022). There will be an option for the University to extend the Contract by two further periods of 12 months until June 2027. The services to include:

•Provision of a statutory audit of the Group financial statements initially for year ending 31 July 2022, in accordance with applicable auditing standards.
•Produce Audit findings report for Senior Management, the Governing Body and the Office for Students (OfS).
•Identify process and control improvements and make recommendations to Senior Management.
•Audit and sign-off of the US Federal Loan Return in accordance with US Department of Education requirements.
•Audit and sign-off of the Teacher’s Pension Scheme (TPS) return in accordance with TPS requirements.
•Audit and sign-off of financial covenant calculations.
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: 500,000
Currency: GBP
II.2.7) Duration of the contract, framework agreement or dynamic purchasing system:
Duration in months: 36
This contract is subject to renewal: Yes
Description of renewals: 2 x 12 month extensions available, in yearly increments.

II.2.10) Information about variants:
Variants will be accepted: No
II.2.11) Information about options:
Options: Yes
Description of options: The Contract will run for a period of 3 years commencing as soon as possible following Contract award (c. July 2022). There will be an option for the University to extend the Contract by two further periods of 12 months in yearly increments.
II.2.12) Information about electronic catalogues:
Tenders must be presented in the form of electronic catalogues or include an electronic catalogue: 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
Identification of the project: Not provided
II.2.14) Additional information: https://www.delta-esourcing.com/tenders/UK-UK-Lincoln:-Financial-auditing-services./554P9P2DK8


Section III: Legal, Economic, Financial And Technical Information
III.1) Conditions for participation
III.1.1) Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers
List and brief description of conditions:
As stated in the procurement documents.
III.1.2) Economic and financial standing
Selection criteria as stated in the procurement documents
List and brief description of selection criteria:
Not Provided
Minimum level(s) of standards possibly required (if applicable) :
Not Provided
III.1.3) Technical and professional ability
Selection criteria as stated in the procurement documents
List and brief description of selection criteria:
Not Provided
Minimum level(s) of standards possibly required (if applicable) :
Not Provided
III.1.5) Information about reserved contracts (if applicable)
The contract is reserved to sheltered workshops and economic operators aiming at the social and professional integration of disabled or disadvantaged persons: No
The execution of the contract is restricted to the framework of sheltered employment programmes: No

III.2) Conditions related to the contract
III.2.1) Information about a particular profession
Reference to the relevant law, regulation or administrative provision:
Not Provided
III.2.2) Contract performance conditions
In support of the University's strategic objectives to have employable and successful graduates, the successful Tenderer will be required to deliver the Careers and Employability Schedule included within the contract terms and conditions.
III.2.3) Information about staff responsible for the performance of the contract
Obligation to indicate the names and professional qualifications of the staff assigned to performing the contract: No

Section IV: Procedure
IV.1) Description OPEN
IV.1.1) Type of procedure: Open

IV.1.3) Information about a framework agreement or a dynamic purchasing system
The procurement involves the establishment of a framework agreement - NO
In the case of framework agreements justification for any duration exceeding 4 years: Not Provided


IV.1.6) Information about electronic auction:
An electronic auction will be used: No
Additional information about electronic auction: Not provided
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.2.1) Previous publication concerning this procedure:
Notice number in the OJ S: Not provided
IV.2.2) Time limit for receipt of tenders or requests to participate
Date: 23/03/2022 Time: 11:00

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:
Duration in month(s): 3

IV.2.7) Conditions for opening of tenders:
Date: 23/03/2022
Time: 11:00


Section VI: Complementary Information
VI.1) Information about recurrence
This is a recurrent procurement: No
Estimated timing for further notices to be published: Not provided
VI.2) Information about electronic workflows
Electronic ordering will be used No
Electronic invoicing will be accepted No
Electronic payment will be used No
VI.3) Additional Information: For more information about this opportunity, please visit the Delta eSourcing portal at:
https://neupc.delta-esourcing.com/tenders/UK-UK-Lincoln:-Financial-auditing-services./554P9P2DK8

To respond to this opportunity, please click here:
https://neupc.delta-esourcing.com/respond/554P9P2DK8
VI.4) Procedures for review
VI.4.1) Review body:
University of Lincoln
Campus Way, Lincoln, LN6 7TS, United Kingdom
Tel. +44 1522886762, Email: LSIMMS@LINCOLN.AC.UK
VI.4.2) Body responsible for mediation procedures:
Not provided
VI.4.3) Review procedure
Precise information on deadline(s) for review procedures:
The Contracting Authority will incorporate a minimum 10 calendar day standstill period following electronic notification (minimum of 15 calendar days for any other means of communication) to applicants of the award decision. This notification will provide the information that tenderers are legally entitled to regarding the award decision. The standstill period provides time for unsuccessful tenderers to challenge the award decision before the contract is entered into. The Public Contracts Regulations 2015 provide aggrieved parties who have been harmed or are at risk of harm by a breach of the rules to take action in the High Court (England, Wales andNorthern Ireland).
VI.4.4) Service from which information about the lodging of appeals may be obtained:
Not provided
VI.5) Date Of Dispatch Of This Notice: 16/02/2022

Annex A