Award

ARB Internal Audit Service (2021)

ARCHITECTS REGISTRATION BOARD

This public procurement record has 3 releases in its history.

Award

24 Feb 2022 at 10:51

TenderAmendment

08 Jun 2021 at 12:43

Tender

18 May 2021 at 14:51

Summary of the contracting process

The Architects Registration Board is seeking tenders for the ARB Internal Audit Service for a contract valued at £51,000, which is scheduled to commence on 1 January 2022 and will run for three years, with an option to extend for an additional two years. This procurement process is classified under financial and insurance services, falling within the open procedure method as it is below the threshold. The tender period ended on 22 June 2021, and it is prominently aimed at established internal audit service providers with a proven track record in the regulatory sector. The relevant location for this opportunity is London, specifically at 8 Weymouth Street, W1W 5BU.

This tender provides substantial opportunities for small and medium-sized enterprises (SMEs) experienced in internal audit services, especially those familiar with regulatory environments. Businesses that can demonstrate their ability to add value to transactional processes are particularly well-suited to compete for this contract. With the potential for contract extension and the growing need for compliance and audit services in the public sector, successful bidders could see an avenue for ongoing partnerships and revenue growth.

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Notice Title

ARB Internal Audit Service (2021)

Notice Description

The Architects Registration Board is now seeking to invite tenders for its internal audit services. We are looking for established internal audit services providers who must have a proven track record of providing internal audit services within the regulatory sector and who can bring added value to our transactional processes. The contract will initially be for a period of three years commencing on 1 January 2022 with the option to extend the contract for up to a further two years. Planning and set-up will be required prior to commencement. For details on how to apply, please see open the attached document.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0833e1bb-a7c4-48cd-8301-93fbb4d42bc4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/76f0a95a-4f43-4028-bcfa-9fa157531889
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£30,000 Under £100K
Lots Value
Not specified
Awards Value
£51,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
24 Feb 20224 years ago
Submission Deadline
22 Jun 2021Expired
Future Notice Date
Not specified
Award Date
1 Dec 20214 years ago
Contract Period
1 Jan 2022 - 31 Dec 2024 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
ARCHITECTS REGISTRATION BOARD
Contact Name
Kristen Hewett
Contact Email
corporate@arb.org.uk
Contact Phone
0207 580 5861

Buyer Location

Locality
LONDON
Postcode
W1W 5BU
Post Town
West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
Westminster
Electoral Ward
West End
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

TIAA

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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