Award

R5610 Strategic Audit Partnership

TOWER HAMLETS

This public procurement record has 2 releases in its history.

Award

01 Nov 2019 at 12:09

Award Notice
Tender

01 Nov 2019 at 10:46

Tender Notice
Summary of the contracting process

The Tower Hamlets Council, located in London, has completed the award of a contract titled "R5610 Strategic Audit Partnership" for the provision of internal audit services for a duration of 16 months. This procurement process, classified under auditing services (CPV code 79212000), was conducted through an open procurement method, with a total contract value of £245,000. The contract period is set to commence on 15th November 2019 and conclude on 31st March 2021. The tender was published on 1st November 2019, with the submission deadline ending on 14th November 2019.

This tender presents significant opportunities for businesses focusing on auditing services and consultancy, particularly those with expertise in compliance and internal audit functions. Firms capable of delivering comprehensive review services, including financial, operational, and IT audits would be particularly well-suited. Additionally, larger organisations or partnerships are likely to thrive given the scale and complexity involved in supporting the internal audit objectives of Tower Hamlets Council.

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Notice Information

Notice Title

R5610 Strategic Audit Partnership

Notice Description

This contract cover the provision of Internal Audit Services for a period of 16 months. Internal audit is a statutory function and undertakes a wide range of independent reviews of the Council's systems, operations and processes. The aim of these reviews is to ensure that the organisation achieves its objectives and outcomes, and to provide assurance that the organisation's governance, risk management and internal control arrangements are sound, secure and effective. The key objective of this contract is to provide a Strategic Partner to support the In-House team in delivering the Annual Audit Plan. The nature and variety of audit work is diverse and extensive including audits of financial systems, operational systems and functions, computer audit, contract audit, consultancy work, service reviews schools audits, VFM audits etc.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6462fb61-b06d-4afd-8387-ac275e176064
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b99bf73f-4dae-4dbe-9717-a3db77a72789
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79212000 - Auditing services

Notice Value(s)

Tender Value
£245,000 £100K-£500K
Lots Value
Not specified
Awards Value
£245,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
1 Nov 20196 years ago
Submission Deadline
18 Oct 2019Expired
Future Notice Date
Not specified
Award Date
31 Oct 20196 years ago
Contract Period
15 Nov 2019 - 31 Mar 2021 1-2 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
TOWER HAMLETS
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
E14 2BG
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
TLI London
Local Authority
Tower Hamlets
Electoral Ward
Poplar
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

BDO

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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