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AwardedEuropean

Ex Ante Accounting Services

Universiteit Maastricht · 1 lots · 407943
Type
—
79210000
Estimated value
Not published
To deadline
Ongoing
Knock-outs
n/a
exclusion grounds
Award basis
Best price-quality ratio
Assess manuallyconfidence low

Universiteit Maastricht has awarded Ernst & Young Accountants LLP for extensive accounting services via a negotiated procedure without prior call for competition. The assignment includes the audit of the annual accounts of UM and its holding, certification of funding data, and compliance activities for US programs. Due to the specific higher education expertise required, this previously awarded contract was only of interest to Big Four accounting firms with university expertise.

Contract · European procedure

European
Contracting authority
Universiteit Maastricht
Contract type
Not specified
Estimated value
Estimate not published
Submission deadline
Ongoing
Scope
European
European procedure
Lots
1
1 lots
Main CPV code
79210000
Location
Netherlands
CharacteristicsCPV 79EU tenderaccounting servicesannual accounts auditcertification

01What is being requested

Universiteit Maastricht has awarded Ernst & Young Accountants LLP for extensive accounting services via a negotiated procedure without prior call for competition. The assignment includes the audit of the annual accounts of UM and its holding, certification of funding data, and compliance activities for US programs. Due to the specific higher education expertise required, this previously awarded contract was only of interest to Big Four accounting firms with university expertise.

The scope of the assignment for accounting services at UM includes the following components: [A. Annual audit and certification of the UM annual accounts; B. Annual audit and certification of the annual accounts of the consolidated affiliated party UM Holding BV; C. Annual audit and certification of the funding data statement; D. Annual execution of agreed specific procedures resulting in a report of factual findings regarding the integrated cost system (IKS); E. Annual execution of the compliance engagement regarding the Federal Family Education Loan Program (FFELP).

79210000
1Ex Ante Accounting Services—

02Outcome

Awarded

Ernst & Young Accountants LLP

03Exclusion grounds

Exclusion grounds — consult the ESPD
  • No specific exclusion grounds were extracted. In a European tender, the mandatory and discretionary grounds of art. 2.86/2.87 of the Dutch Procurement Act almost always apply — check the European Single Procurement Document (ESPD).

04Bidders in this segment

#Likely bidderFitWins
1Pricewaterhousecoopers Accountants N.V.SME9954×
2Flynth Audit B.V.SME9627×
3Deloitte Accountants B.V.SME9644×
4BDO Audit & Assurance B.V.SME9557×
5Baker Tilly (Netherlands) N.V.SME9338×
6Mazars N.V.SME9220×

05Legal themes that may be relevant here

06Frequently asked questions

What is the scope of the work for the accounting services?
The scope includes the annual audit and certification of the annual accounts of Universiteit Maastricht and the annual accounts of the consolidated UM Holding BV. Additionally, it concerns the audit of the funding data statement, activities regarding the integrated cost system (IKS), and the compliance engagement for the Federal Family Education Loan Program (FFELP).
What expertise requirements must a party meet for these activities?
The assignment specifically requires expertise in the higher education sector, experience with FFELP compliance, expertise in the field of consolidation, and the necessary certification authorities.
Which specific compliance components are part of the assignment?
The assignment includes the annual execution of the compliance engagement regarding the Federal Family Education Loan Program (FFELP) and the execution of specific procedures resulting in a report of factual findings regarding the integrated cost system (IKS).

Automatically compiled from the official tender data and documents.

07Estimated value versus the market

p25
€ 200K
median
€ 640K
p75
€ 3,0 mln
deze opdracht

Gegunde waarden in CPV 79 n=4984