Award

Internal Audit Services

STONEWATER LIMITED

This public procurement record has 1 release in its history.

Award

09 Feb 2021 at 10:10

Summary of the contracting process

Stonewater Limited, a procurement authority based in Leicester, has recently completed a tender process for "Internal Audit Services" in the services category, with a contract value of £275,000. The procurement was conducted using a selective method under a restricted procedure, with the tender period concluding on 21st October 2020, and the contract commencement set for 1st April 2021, lasting until 31st March 2026. The award date was 21st October 2020, and the services will be applicable across various regions including the UK and other territories.

This tender represents an excellent opportunity for businesses specialising in audit and assurance services, particularly those with experience in the housing sector. With the potential for significant growth in public-sector contracts, companies able to demonstrate strong expertise in risk management, governance, and internal controls would be well-positioned to compete. This is especially relevant for larger firms that can meet the demands of Stonewater's rigorous assurance programme as they work to enhance their organisational maturity.

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Notice Title

Internal Audit Services

Notice Description

Stonewater works in partnership with its internal auditor to develop and deliver a programme to give assurance to the board and executive team that our risk management, governance and internal control processes are operating effectively. The programme is based on assurance mapping and the board's identified strategic and critical operational risks. We look to our auditor to bring their experience from across the housing sector and their wider base of clients to help us implement good practice and improve our risk and assurance maturity as an organisation.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3d124071-09ef-43e2-8de4-a4cfeb27e1dc
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/33803bde-6605-400c-b474-7abcc129d6ac
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
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
£275,000 £100K-£500K
Lots Value
Not specified
Awards Value
£275,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
9 Feb 20215 years ago
Submission Deadline
20 Oct 2020Expired
Future Notice Date
Not specified
Award Date
20 Oct 20205 years ago
Contract Period
31 Mar 2021 - 31 Mar 2026 Over 5 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
STONEWATER LIMITED
Contact Name
Not specified
Contact Email
andrew.russell@stonewater.org
Contact Phone
+447387024336

Buyer Location

Locality
LEICESTER
Postcode
LE8 6EP
Post Town
Leicester
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF2 Leicestershire, Rutland and Northamptonshire
Small Region (ITL 3)
TLF22 Leicestershire CC and Rutland
Delivery Location
Not specified

Local Authority
Blaby
Electoral Ward
North Whetstone
Westminster Constituency
South Leicestershire

Supplier Information

Number of Suppliers
1
Supplier Name

RSM RISK AND ASSURANCE

Further Information

Notice Documents

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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