University of Lincoln: External Audit Services

UK-LINCOLN: Financial auditing services.

Section I: Contracting Authority

   I.1) Name, Addresses and Contact Point(s):
       University of Lincoln
       Brayford Pool, LINCOLN, LN6 7TS, United Kingdom
       Tel. +44 1522886703, 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.4)Type of the contracting authority:
      Body governed by public law

   I.5) Main activity:
      Education

Section II: Object Of The Contract

   II.1) Scope of the procurement

      II.1.1) Title: 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: This is a contract award notice for the provision of External Audit Services to the University of Lincoln. The University has conducted an open tender process to appoint auditors who have in-depth knowledge and experience in the Higher Education (HE) Sector.

      II.1.6) Information about lots
         This contract is divided into lots: No
            
      II.1.7) Total value of the procurement (excluding VAT)
          Value: 550,000
                  
         Currency:GBP            

   II.2) Description

      II.2.2) Additional CPV code(s):
      Not Provided

      II.2.3) Place of performance
      Nuts code:
      UKF3 - Lincolnshire
   
      Main site or place of performance:
      Lincolnshire
             

      II.2.4) Description of the procurement: This is a contract award notice for the provision of External Audit Services to the University of Lincoln. The University has conducted an open tender process to appoint auditors who have in-depth knowledge and experience in the Higher Education (HE) Sector. High level services covered by the contract are:

- Statutory audit of the group financial statements.
- Audit and sign-off of 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.

The contract will run for a period of 3 years commencing on 1st July 2022. There will be an option for the University to extend the contract by two further periods of 12 months until 30th June 2027

      II.2.5) Award criteria:
      Quality criterion - Name: Quality / Weighting: 70
                  
      Cost criterion - Name: Cost / Weighting: 30
            

      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
         

      II.2.14) Additional information: Not Provided


Section IV: Procedure

IV.1) Description

   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       
      

   IV.1.6) Information about electronic auction
      An electronic auction has been used: No

   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 OJEU: 2022/S 000-004384
      
   

   IV.2.9) Information about termination of call for competition in the form of a prior information notice
      The contracting authority will not award any further contracts based on the above prior information notice: No

Section V: Award of contract

Award Of Contract (No.1)

   Contract No: Not Provided    
   Lot Number: Not Provided    
   Title: Not Provided

   A contract/lot is awarded: Yes


   V.2) Award of contract

      V.2.1) Date of conclusion of the contract: 10/06/2022

      V.2.2) Information about tenders
         Number of tenders received: 2
         Number of tenders received from SMEs: Not Provided          
         Number of tenders received from tenderers from other EU Member States: Not Provided          
         Number of tenders received from tenderers from non-EU Member States: Not Provided          
         Number of tenders received by electronic means: 2

      V.2.3) Name and address of the contractor

      The contract has been awarded to a group of economic operators: No
         
         Contractor (No.1)
             KPMG LLP, OC301540
             One Snowhill, Snowhill Queensway, Birmingham, B4 6GH, United Kingdom
             NUTS Code: UKG31
            The contractor is an SME: No

      V.2.4) Information on value of the contract/lot (excluding VAT)
         Initial estimated total value of the contract/lot: 550,000          
         Total value of the contract/lot: 550,000
         Currency: GBP

      V.2.5) Information about subcontracting
         The contract is likely to be subcontracted: No
         
Section VI: Complementary information

   VI.3) Additional information: To view this notice, please click here:
https://neupc.delta-esourcing.com/delta/viewNotice.html?noticeId=707265639

   VI.4) Procedures for review

      VI.4.1) Review body
          University of Lincoln
          Brayford Pool, Lincoln, LN6 7TS, United Kingdom
          Email: LSIMMS@LINCOLN.AC.UK

      VI.4.3) Review procedure
         Precise information on deadline(s) for review procedures: The Contracting Authority incorporated 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 provided the information that the tenderers were 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 and Northern Ireland).

      VI.4.4) Service from which information about the review procedure may be obtained
         Not Provided

   VI.5) Date of dispatch of this notice: 22/07/2022