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359 - External Audit Services

University of Lincoln Published 16 Feb 2022 Contracts Finder

key details

Value£500,000
Statusactive
Category (CPV) 79212100
RegionEast Midlands
Deadline23 Mar 2022
Contract start1 Jul 2022
Contract end30 Jun 2025
Procedureopen
SME suitableNo
OCIDocds-b5fd17-710513a7-84cd-456c-ad03-ec148ea680a5

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.

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