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Tenfell
Awarded contract
Published 06 Jun 2023

External Audit Services - AWARD

University of Sunderland · North East

Key facts

Contract value
£875,000
Awarded
30 May 2023
Contract starts
31 May 2023
Contract ends
31 May 2026
Procedure
Open procedure
Buyer type
Education

Awarded to

SupplierValue
RSM Risk Assurance Services LLP£875,000

Description

The University of Sunderland is looking for an External Auditor to provide its services across a number of subsidiaries which operate nationally and internationally in Sunderland, London and Hong Kong. For clarity the audit covers the companies registered in England and Wales which includes the Sunderland and London campuses but does not include the Hong Kong campus.

The emphasis of this tender is to appoint an appropriately qualified organisation with suitable experience of the financial services required and an innovative approach throughout the life of the contract.

External audit services are expected to commence from June 2023 to run for 3 years, auditing from our financial year 2022/23 to 2024/25 with a possible 2 x 12 months extensions.

The previous spend has been £175k per annum (excluding VAT where applicable) - note there are no guarantees on spend levels. We also reserve the right to spend an additional 50% of the original anticipated budget, subject to changes to requirements across the University, for the duration of the award.

NOTE - OVER THE CHRISTMAS PERIOD 23RD DECEMBER TO 3RD JANUARY (INCLUSIVE) THE UNIVERSITY OF SUNDERLAND WILL BE CLOSED AND UNABLE TO ANSWER ANY QUESTIONS REGARDING THIS TENDER, HOWEVER WE WILL RESPOND UPON OUR RETURN TO WORK ON 4 JANUARY 2023

Please respond via Intend with your complete tender returns by 1700 hours on Tuesday 31st January 2023

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