Expired contract

Payables Audit Services - Award Notice

Details

Value
£35,000
Duration
1 year
Topic
Financial auditing services
Published
20 February 2025

Tender description

To undertake a payables audit to assist the University in cash recovery by identifying errors, duplication, or overpayments on our accounts payable ledger. The audit will look back over records for the last 3 years covering financial years 21/22, 22/23 and 23/24 and engage directly with the University's suppliers where required to investigate and resolve issues. Contract Direct Awarded via CCS RM6226 Debt Resolution Services framework and specifically Lot 15: Spend Analytics and Recovery Services (Accounts Payable Review). Additional information: Contract is commission based. Forecasted contract value is £35,000 Ex VAT but subject to change depending on the amount of funds recovered.

Timeline

  1. Completed: Award published20 February 2025
    Current notice
  2. Completed: Award date24 February 2025
  3. Completed: Contract expiry date28 February 2026

About the buyer

University of Bristol is a higher education institution that buys through its own procurement team. Much of this procurement flows through frameworks from the Southern Universities Purchasing Consortium and the Crown Commercial Service. Category teams advise faculties and divisions on purchases before tenders are issued. Tenders are issued directly when no suitable framework applies. The procurement team is an active member of the Higher Education Procurement Association.

Over the past 5 years, most of University of Bristol's contract awards have been in laboratory and precision equipment, transport equipment and architectural and engineering services.

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Decision makers

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