External Audit Services

A Contract Award Notice
by SRUC

Source
Find a Tender
Type
Contract (Services)
Duration
3 year (est.)
Value
£515K
Sector
BUSINESS
Published
05 May 2026
Delivery
To 04 May 2029 (est.)
Deadline
n/a

Related Terms

Location

SRUC, West Mains Road, Edinburgh, EH9 3JG

Geochart for 2 buyers and 1 suppliers

2 buyers

1 supplier

Description

SRUC is a distinctive tertiary education institution with a national mission to support Scotland’s rural economy and address global challenges in food, nutrition , and environmental sustainability. Operating across education, research, and consultancy, SRUC plays a unique role at the intersection of academic excellence, applied research, and industry engagement. SRUC seek to appoint a service provider to deliver external audit services to SRUC which will include: 1. Provide an opinion on the financial statements of the SRUC group of companies, in line with Company Law, Financial Reporting Standard 102 (FRS102), The Charities and Trustee Investment (Scotland) Act 2005, Regulation 8 of the Charities Accounts (Scotland) and the Statement of Recommended Practice (SORP) relating to Higher Education Institutions; 2. Provide an opinion, where required, to be included in the independent auditor’s report to the SRUC Board regarding SRUC’s various funding streams and their use (including, but not limited to funds received from the Scottish Government, and the Scottish Funding Council). The wording of this opinion must meet any requirements of Financial Memoranda or contracts; 3. Provide reports (including the auditor’s report to those charged with governance and management letter) to senior management and the SRUC Audit and Risk Committee. This requirement includes attendance and presentation of reports and findings at Committee meetings.

Total Quantity or Scope

Full details can be found in Schedule 2 of the Invitation to Tender document.

Award Detail

1 RSM UK Audit (London)
  • Reference: 27301
  • Num offers: 4
  • Value: £515,175

Award Criteria

1. Organisational Experience and Contract Management 10.0
2. Contract Proposal 20.0
3. Supplier Delivery Team 10.0
4. Independence, Ethics, and Regulatory Compliance 10.0
5. Added value, Sector insights, and Continuous Improvement 10.0
6. Equality, Diversity and Inclusivity 5.0
7. Short List Interview 15.0
PRICE 20.0

CPV Codes

  • 79210000 - Accounting and auditing services
  • 79212000 - Auditing services
  • 79212100 - Financial auditing services
  • 79212300 - Statutory audit services

Indicators

  • Award on basis of price.

Other Information

(SC Ref:831018)

Reference

  • FTS 040805-2026

Domains