Award

Internal Audit & Counter Fraud

THE QUEEN ELIZABETH HOSPITAL KING'S LYNN NHS FOUNDATION TRUST

This public procurement record has 1 release in its history.

Award

30 May 2025 at 07:46

Summary of the contracting process

The procurement process was initiated by The Queen Elizabeth hospital King's Lynn NHS Foundation Trust for an "Internal Audit & Counter Fraud" service. This tender, classified under the "Internal audit services" category, followed a selective procurement method via a restricted procedure above the threshold. Located in the East of England, UK, the tender reached the award stage with the contract being granted on 20 May 2025, for a term running from 1 April 2025 to 31 March 2028. The procurement's total value amounts to GBP 525,020, and the process was designed not being particularly suitable for SMEs or VCSEs.

The awarded contract offers significant growth opportunities for businesses involved in delivering internal audit and counter fraud services. With RSM UK Risk Assurance Services LLP successfully securing the tender, other similar-sized enterprises with expertise in risk assurance and audit services could potentially benefit from participating in similar future procurements. There is a notable market for specialist firms that can provide comprehensive financial and fraud oversight, particularly within publicly funded healthcare sectors like this NHS Foundation Trust.

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Notice Title

Internal Audit & Counter Fraud

Notice Description

Provision of the Trusts Internal Audit and Counter Fraud Additional information: Contract awarded against framework: SBS/20/MA/ZY/10024 - Internal and External Audit, Counter Fraud and Financial Assurance

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6bc4960a-16c2-4649-9ee2-b415dabc0143
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/68f1ba22-9f88-4467-93ac-13fd2780f57b
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 (above threshold)
Tender Suitability
Not specified
Awardee Scale
SME

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
£525,020 £500K-£1M
Lots Value
Not specified
Awards Value
£525,020 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
30 May 20258 months ago
Submission Deadline
31 Mar 2025Expired
Future Notice Date
Not specified
Award Date
19 May 20259 months ago
Contract Period
31 Mar 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

Contracting Authority (Buyer)

Main Buyer
THE QUEEN ELIZABETH HOSPITAL KING'S LYNN NHS FOUNDATION TRUST
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
KINGS LYNN
Postcode
PE30 4ET
Post Town
Peterborough
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH5 Norfolk
Small Region (ITL 3)
TLH52 North and West Norfolk
Delivery Location
Not specified

Local Authority
King's Lynn and West Norfolk
Electoral Ward
Springwood
Westminster Constituency
North West Norfolk

Supplier Information

Number of Suppliers
1
Supplier Name

RSM UK RISK ASSURANCE SERVICES

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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