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Kings College Hospital NHS Foundation Trust Internal Audit Service

Kings Interventional Facilities Management

This public procurement record has 1 release in its history.

Award

09 May 2025 at 15:08

Award Notice
Summary of the contracting process

The contracting process, initiated by Kings Interventional Facilities Management LLP, centres around providing internal audit services for King's College Hospital NHS Foundation Trust. The award phase is complete, and KPMG LLP has been selected as the supplier. This contract, valued at £538,200, is structured under Framework RM6188 - Lot 1: Internal Audit and Assurance. The procurement category is services, with the contract running from 1 April 2025 to 31 March 2028 in London, United Kingdom. Offering a framework call-off procurement method, the process reflects a selective approach favouring SMEs and VCSEs.

This tender presents a robust opportunity for businesses specialising in internal audit services to enhance their profiles through association with a reputable NHS Trust. Companies that excel in compliance, risk management, and governance will find this contract particularly beneficial for business growth. Those qualified to provide high-calibre audit services, particularly small and voluntary sector enterprises, could leverage this opportunity to expand their service portfolio and strengthen footholds within the healthcare sector.

How relevant is this notice?

Notice Information

Notice Title

Kings College Hospital NHS Foundation Trust Internal Audit Service

Notice Description

The KCH (King's College Hospital NHS Foundation Trust) and her subsidiaries internal audit is a systematic, independent evaluation process aimed at assessing the effectiveness of the Trusts internal controls, risk management, and governance processes. This audit ensures compliance with applicable laws, regulations, and internal policies while promoting operational efficiency and accountability. King's College Hospital NHS Foundation Trust has awarded a Call-Off Contract to KPMG LLP under Framework RM6188 (Lot 1: Internal Audit and Assurance) for the provision of internal audit services. The contract, valued at PS179,400 (excluding VAT) for the first year, runs from April 1, 2025, to March 31, 2028, with the option for two 12-month extensions, ensuring compliance, risk management, and governance support for the Trust.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-55bf7ba8-1905-4d01-ba7f-04b67e9bc0c9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9b61034c-e159-41ff-8190-00d2553d86aa
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, VCSE
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
£538,200 £500K-£1M
Lots Value
Not specified
Awards Value
£1,089,403 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
9 May 20251 years ago
Submission Deadline
5 Dec 2024Expired
Future Notice Date
Not specified
Award Date
9 May 20251 years ago
Contract Period
1 Apr 2025 - 31 Mar 2028 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Kings Interventional Facilities Management
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
SE5 9NY
Postcode Area
South East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI45 Lambeth
Delivery Location
Not specified
Local Authority
Lambeth
Electoral Ward
Herne Hill & Loughborough Junction
Westminster Constituency
Dulwich and West Norwood

Supplier Information

Number of Suppliers
1
Supplier Name

KPMG LLP

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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