The Oxford partnership has been shortlisted for its proposal to commission a new piece of work by Turner Prize-winning artist Elizabeth Price that takes its inspiration from the archives and collections of the two museums. The other shortlisted candidates are Birmingham Museums with Jess Flood-Paddock, The Hepworth Wakefield with Des Hughes and the Scottish National Gallery of Modern Art with Lucy McKenzie.

Now in its fifth year the prestigious £60,000 prize is one of the highest value contemporary art awards in the country and is offered to a museum to commission an artist of their choice to create a new work that will enrich their permanent collection. The award also provides support and exposure for the winning artist at a critical point in their career.

The judging panel for this year’s Annual Award includes Brian Griffiths (Artist), Charlotte Higgins (Chief Arts Writer of the Guardian), Elizabeth Neilson (Director of the Zabludowicz Collection) and Kirsty Ogg (Curator at the Whitechapel Art Gallery) and the winners will be announced in a ceremony in London on Monday 18 November.