Award

FCDO Internal Audit Services Outsourcing

FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE

This public procurement record has 1 release in its history.

Award

21 Feb 2024 at 09:27

Summary of the contracting process

The Foreign Commonwealth and Development Office (FCDO) has awarded a contract for internal audit services outsourcing to RSM UK Consulting LLP. The contract, valued at £375,000 GBP, falls under the category of internal audit services. The procurement method used was selective, involving call-off from a framework agreement. The contract period is from January 29, 2024, to April 1, 2025, with the tender period closing on December 4, 2023. The address for delivery is in London, United Kingdom.

This tender presents an opportunity for businesses, particularly in the services sector, looking to provide internal audit services. Small and medium-sized enterprises (SMEs) are considered suitable for this procurement. Businesses capable of meeting the internal audit standards outlined by the FCDO and delivering according to the agreed deadlines and reporting frameworks would be well-suited to compete for this contract.

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Notice Title

FCDO Internal Audit Services Outsourcing

Notice Description

The Internal Audit and Investigations Directorate (IAID) of the Foreign, Commonwealth and Development Office (FCDO) is in place to meet HM Treasury's requirements for the provision of internal audit set out in Public Sector Internal Audit Standards: Applying the IIA international standards to the public sector (PSIASs) (HM Treasury, March 2017). The IAD complies with the UK Government Functional Standard for Internal Audit (GovS 009) and UK Public Sector Internal Audit Standards (PSIAS), as promulgated by the Internal Audit Standards Advisory Board. The IAD also complies with the Global Institute of Internal Auditors' International Professional Practices Framework (IPPF) including: the Core Principles for the Professional Practice of Internal Auditing, the Code of Ethics, the International Standards for the Professional Practice of Internal Auditing, and the Definition of Internal Auditing. We require support in the delivery of our internal audit annual plan for FY 2023/24 and 2024/25. To support in the delivery of the FCDO's IAD Annual Audit Plan for 23/24 and 24/25, the supplier will be required to conduct identified internal audit reviews in line with agree deadlines, terms of reference and reporting frameworks.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-19af2d22-824b-4025-8b19-3f687363e469
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a944b572-3551-4804-a289-b40d58c3df4c
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79212200 - Internal audit services

Notice Value(s)

Tender Value
£375,000 £100K-£500K
Lots Value
Not specified
Awards Value
£375,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
21 Feb 20242 years ago
Submission Deadline
4 Dec 2023Expired
Future Notice Date
Not specified
Award Date
8 Feb 20242 years ago
Contract Period
29 Jan 2024 - 1 Apr 2025 1-2 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
FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1A 2AH
Post Town
South 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
TLI London

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

RSM UK CONSULTING

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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