Audit services: VTT Group's statutory audit and sustainability assurance, and audit of research projects
About This Opportunity
This is a services contract in the general supplies sector. Located in Finland, Europe, this opportunity is open to firms and consortiums.
Published through TED - Tenders Electronic Daily (EU), a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for services in the general supplies sector. Service contracts are typically evaluated on both technical quality and price, and may require bidders to demonstrate relevant experience and qualified personnel. This contract has already been awarded. The information is published for transparency and market intelligence purposes.
Description
Auto-translated from fiThe subject of the procurement is the statutory audit services of the Technology Research Centre VTT Oy Group (hereinafter VTT Oy), VTT Oy's sustainability assurance services, audits of VTT Oy's research projects (hereinafter "Project Audits"), and expert services required by VTT Oy for the financial years 2026–2030 and a two-year extension option. Statutory audit means the examination of the accounting records, financial statements, management report, and administration in accordance with current laws, as well as other audit services mentioned in this description of the subject matter. Sustainability assurance covers the additional requirements for sustainability reporting as part of the company's financial statements, based on the Corporate Sustainability Reporting Directive (CSRD) and amendments to Finnish legislation based on it. If VTT is excluded from statutory sustainability assurance after the Omnibus amendment, VTT may, if it so chooses, carry out assurance in accordance with CSRD, for example, for specified periods. Audits of research projects mean audits of publicly funded research projects where the funder requires VTT Oy to provide an audit opinion on costs in exchange for the applied funding share. Expert services are needed for issues related to tax legislation (VAT and income tax), among others. VTT reserves the right to order additional services related to the subject of the procurement, such as: Audit of license rights (audit of the basis for customer royalty payments related to technology licensing). The subject of the procurement is described in more detail in the tender documents.
Data provenance
This notice is sourced from TED - Tenders Electronic Daily (EU) and was originally published on June 16, 2026. Last refreshed 82 days ago. Original language: fi. BidsFactory mirrors official procurement notices and links back to the source for full legal text.
About Teknologian tutkimuskeskus VTT Oy
Teknologian tutkimuskeskus VTT Oy has issued 90 procurement notices on BidsFactory, including 14 currently open and 40 awarded contracts. Activity concentrates in Research & Innovation, General Supplies & Services, and Information & Communication Technology. All notices are published for Finland. Notices are distributed via Hilma Finland and TED - Tenders Electronic Daily (EU). Most recent publication: September 21, 2026.
Frequently asked questions about this tender
How can I submit a bid?
Visit TED - Tenders Electronic Daily (EU) to access the full notice, required documents, and submission instructions provided by the contracting authority.
Is this tender still open?
No — the contract has already been awarded to PricewaterhouseCoopers Oy. The award notice is archived on BidsFactory for transparency and market intelligence.
Who is the contracting authority?
This notice was issued by Teknologian tutkimuskeskus VTT Oy in Finland. The authority is responsible for evaluating bids, awarding the contract, and managing performance.
What type of contract is this?
This is a Services contract in the General Supplies & Services sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.
How much was the contract awarded for?
PricewaterhouseCoopers Oy was awarded the contract for €2,500,000. The figure reflects the value disclosed by the contracting authority in the award notice.
Where will the contract be performed?
The contract is for delivery in Finland. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.
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