Tender

The Growth Company Invitation to Tender for the Supply of Co-sourced Internal Audit Services

THE GROWTH COMPANY

This public procurement record has 1 release in its history.

Tender

24 Nov 2025 at 15:15

Tender Notice
Summary of the contracting process

The Growth Company, located in Manchester, United Kingdom, has initiated a public procurement process through an open procedure for the provision of co-sourced internal audit services. This opportunity, suitable for SMEs and VCSEs, falls under the industry category of Internal Audit Services with a CPV code of 79212200 and an additional focus on Fraud Audit Services (CPV code: 79212400). The procurement is at the tender stage, with a deadline for submissions set at 12:00 pm on Wednesday, 14th January 2026. The contract period is expected to start on 1st April 2026 and conclude on 31st March 2031. The tender is valued at £600,000, ensuring significant investment into enhancing risk management and governance within The Growth Company.

This tender presents a valuable opportunity for businesses with expertise in internal auditing, particularly those that can provide risk-based, independent, and objective assurance services. Companies offering innovative analytic techniques and technological capabilities would be well-suited to meet the objectives of increasing the scope and value of internal audits for The Growth Company. The open procurement method emphasises transparency and is approachable for smaller enterprises, facilitating the growth of businesses capable of delivering high-quality, flexible audit services. Engaging with this tender could greatly benefit firms seeking to establish or expand their footprint in the domain of internal audit and consultancy services across England, specifically in the Manchester and Yorkshire regions.

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Notice Information

Notice Title

The Growth Company Invitation to Tender for the Supply of Co-sourced Internal Audit Services

Notice Description

The Growth Company (GC) is seeking to appoint a provider of co-sourced internal audit services. GC wishes to appoint an Internal Audit co-sourced provider for the purpose of providing independent, risk based objective assurance, advice, insight and foresight. The service will complement GC's existing in-house Internal Audit provision, aiming to widen the areas of specialist expertise available to our in-house team. GC may also commission additional consultancy activity, for example in relation to relative legislative changes. We are looking for a provider who can demonstrate a clear risk-based approach to their audits, who will provide a suitably experienced and qualified audit team to ensure that audits are robust and provide commercially and operationally viable recommendations to be considered. There are a number of objectives that we require for the delivery of the contract: 1) Robust Risk Based Service - Maintain a high service quality delivering required assurance levels to Board and Audit and Risk Committee members. 2) Increased Value - Utilising specialist skills to address core business risks, including the use of analytic techniques and technological innovation where appropriate. 3) Increased Scope - Enhance risk, governance and controls management, with emphasis on leveraging specialist expertise and strengthening organisational capabilities. 4) Flexible and Pragmatic Approach - Ability to flex with operational demands in a fast-paced environment. 5) Collaboration and Transparency - Work alongside our internal team and create opportunities for learning and development of GC internal team. To apply for this tender opportunity, please register as a supplier on the Panacea Supplier Platform at the following web address: https://app.panacea-software.com/growth Once you have accessed the site, to view the opportunity you need to navigate to 'Register Interest', click the 'Participate' Button, then navigate to 'My Questionnaires' where you will be able to download the documents. Your tender submission must be made on the Panacea Portal. ALL the relevant tender documents are included within the 'Response' section of the Questionnaire. You can add these individually or utilise a Zip folder to submit your response. Once uploaded, this will allow you to 'Submit' your bid. The documents contain instructions and information for your tender, including specification of requirements, and the key assessment and evaluation criteria that will be used to assess offers. The deadline for submission of the required documents is at 12:00pm on Wednesday 14th January 2026.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-552b7774-1c2a-48cb-bd35-81da293888c6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/50ef2bb2-c0e4-41d3-9fa4-b881b9a296b2
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79212200 - Internal audit services

79212400 - Fraud audit services

Notice Value(s)

Tender Value
£600,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
24 Nov 20253 months ago
Submission Deadline
14 Jan 2026Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Mar 2026 - 31 Mar 2031 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
THE GROWTH COMPANY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MANCHESTER
Postcode
M1 5JW
Post Town
Manchester
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD33 Manchester
Delivery Location
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Manchester
Electoral Ward
Deansgate
Westminster Constituency
Manchester Central

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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