Award

Flood Re Outsourced Internal Audit Services Contract

FLOOD RE LIMITED

This public procurement record has 1 release in its history.

Award

19 Aug 2020 at 16:45

Summary of the contracting process

The procurement process involves Flood Re Limited seeking services for the "Flood Re Outsourced Internal Audit Services Contract", primarily falling under the internal audit services category. This contract, valued at £900,000, was awarded through a selective procurement method as part of a restricted procedure. The contract's period commenced on 1st June 2020 and is set to conclude on 30th June 2023. Located in London, the procurement is currently in the award stage, with the primary deadline for participation having ended on 1st January 2020.

This tender presents an excellent opportunity for medium to large-sized audit firms looking to expand their clientele in the public sector. Businesses with expertise in internal audit services and a track record in working with public bodies would be particularly well-suited to compete for similar contracts in the future. As audit services are critical for compliance and risk management, there is a consistent demand from organisations such as Flood Re Limited, which enhances the growth potential for qualified suppliers in the industry.

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Notice Title

Flood Re Outsourced Internal Audit Services Contract

Notice Description

Provision of Outsourced Internal Audit Services

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-90051c74-0efd-4c8d-aac4-f23d874c6b49
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5f873297-b257-4442-82ab-502b69bdd813
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
Tender Suitability
Not specified
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
£900,000 £500K-£1M
Lots Value
Not specified
Awards Value
£900,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
19 Aug 20205 years ago
Submission Deadline
1 Jan 2020Expired
Future Notice Date
Not specified
Award Date
26 May 20205 years ago
Contract Period
31 May 2020 - 30 Jun 2023 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
FLOOD RE LIMITED
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
EC4N 7BE
Post Town
Central 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
TLI London

Local Authority
City of London
Electoral Ward
Candlewick
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

PKF LITTLEJOHN

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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