Tender

Cygnus Academies Trust Internal Auditors

CYGNUS ACADEMIES TRUST

This public procurement record has 1 release in its history.

Tender

22 Nov 2024 at 12:52

Summary of the contracting process

The Cygnus Academies Trust is seeking a provider for internal audit services to ensure robust financial governance and operational efficiency across its schools. This procurement, titled "Cygnus Academies Trust Internal Auditors", falls under the "Accounting, auditing and fiscal services" category, with a location specified at DA10 0BU, Swanscombe, England. The tender is currently in the planning stage with procurement conducted through a "Competitive quotation (below threshold)" method. Key dates include the publication date of 22 November 2024 and a tender submission deadline of 2 December 2024. The contract period is scheduled to start on 1 January 2025 and end on 31 December 2028.

This tender presents substantial business growth opportunities, particularly for small and medium-sized enterprises (SMEs) with expertise in internal audits, especially within the education sector and Multi-Academy Trusts. The successful provider will help Cygnus Academies Trust by conducting risk-based audits, ensuring cybersecurity, maintaining compliance with educational funding bodies, and delivering actionable audit reports. Businesses with a strong background in financial and cybersecurity audits, data protection, and governance, as well as those able to provide tailored recommendations, are well-suited to compete for this contract.

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Notice Title

Cygnus Academies Trust Internal Auditors

Notice Description

Internal Audit Requirements for Cygnus Academies Trust As a Multi-Academy Trust, Cygnus Academies Trust is committed to maintaining the highest standards of financial governance and operational efficiency, as outlined in the Academies Trust Handbook. To ensure robust accountability, we conduct regular internal scrutiny, providing independent assurance to the Trust Board and Accounting Officer that our financial and non-financial controls are effective and compliant with statutory requirements. We are currently seeking a new provider for our internal audit services to align with our strategic priorities and deliver a comprehensive audit framework across all schools in the Trust. This provider will play a critical role in helping us ensure compliance, mitigate risks, and enhance our internal controls. Key elements of the internal audit provision include: 1. Risk-Based Approach: A targeted focus on high-risk areas, including financial reporting, governance, safeguarding, and operational systems. The provider must demonstrate expertise in identifying vulnerabilities and recommending practical, cost-effective solutions to mitigate risks. 2. Cybersecurity and Data Protection: As technology underpins our operations and teaching practices, a key priority for Cygnus is to address the growing risks associated with cyber threats. The chosen provider must have the capability to assess the effectiveness of our cybersecurity controls, data protection practices, and disaster recovery plans, ensuring alignment with GDPR and other relevant regulations. 3. Governance and Compliance: Ensuring that the Trust adheres to ESFA requirements, including the preparation and review of financial statements, reporting on compliance with funding agreements, and the Academies Financial Handbook. 4. Collaborative Reporting: Providing clear, timely, and actionable reports for the Audit and Risk Committee, Trust Board, and senior leaders to inform strategic decision-making. We seek a proactive partner with demonstrable experience in the education sector, particularly with Multi-Academy Trusts, who can offer tailored insights and practical recommendations. If you share our commitment to excellence and have the expertise to support our evolving needs, we invite you to join us in realising our vision of ambition for children and young people. Please contact us via email with your proposal to arrange a meeting with our team.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-637f26be-6ca7-4159-a90f-ef81d12ff85d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4d6c1f55-19b7-4d56-b2c8-89d0bbb3a72f
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79200000 - Accounting, auditing and fiscal services

Notice Value(s)

Tender Value
£20,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
22 Nov 20241 years ago
Submission Deadline
2 Dec 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Jan 2025 - 31 Dec 2028 4-5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
CYGNUS ACADEMIES TRUST
Contact Name
Heather Bannister
Contact Email
heather.bannister@cygnus.org.uk
Contact Phone
01322224201

Buyer Location

Locality
SWANSCOMBE
Postcode
DA10 0BU
Post Town
Dartford
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ4 Kent
Small Region (ITL 3)
TLJ43 Kent Thames Gateway
Delivery Location
Not specified

Local Authority
Dartford
Electoral Ward
Swanscombe
Westminster Constituency
Dartford

Further Information

Notice Documents

Notice URLs

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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