Award

Provision of Co-Sourcing of Internal Audit Services

UK EXPORT FINANCE

This public procurement record has 1 release in its history.

Award

14 Nov 2024 at 14:49

Summary of the contracting process

UK Export Finance has completed the procurement process for the "Provision of Co-Sourcing of Internal Audit Services" under the reference UKEF1257/UKEF-C2856. The tender falls under the services category, specifically internal audit services (CPV 79212200), and is valued at £1,188,000. The procurement method employed was selective, involving a call-off from the CCS framework with a mini competition conducted via RM6188 - Lot 1. This contract, based in London (postal code SW1A 2HQ), spans from 21 October 2024 to 20 October 2026. The award was made on 15 October 2024, with BDO LLP and Ernst & Young being appointed as suppliers.

This tender provides substantial business growth opportunities for firms specialising in internal audit services, particularly those capable of engaging in selective and framework agreement-based procurement processes. Small and medium-sized enterprises (SMEs) in the audit services sector, which can efficiently collaborate and co-source, will find this tender particularly advantageous. The contract's considerable value and multi-year duration also suggest steady and potentially expansive work for the successful suppliers, fostering long-term partnerships with UK Export Finance.

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Notice Title

Provision of Co-Sourcing of Internal Audit Services

Notice Description

Call off via CCS framework. Mini competition via RM6188 - Lot 1

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7e0980b4-996e-4a01-bf55-c89fdc683654
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/acf9073f-6ed7-4cb6-8d1e-5b6c88b41a8b
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
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
£1,188,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,188,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
14 Nov 20241 years ago
Submission Deadline
9 Sep 2024Expired
Future Notice Date
Not specified
Award Date
14 Oct 20241 years ago
Contract Period
20 Oct 2024 - 20 Oct 2026 1-2 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
UK EXPORT FINANCE
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
SW1A 2HQ
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
2
Supplier Names

BDO

ERNST & YOUNG

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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