Award

FEW1409 - Internal Audit Service

LEICESTER CITY COUNCIL

This public procurement record has 1 release in its history.

Award

25 Oct 2024 at 11:20

Summary of the contracting process

Leicester City Council has completed the procurement process for an internal audit service titled "FEW1409 - Internal Audit Service", classified under financial and insurance services. This direct award procurement, valued at £3,720,000, started in August 2024 and will continue until July 2039. The awarded contract, supporting various governance functions, was secured by Veritau Public Sector Limited on 31st July 2024. The council’s contact point for this tender is John Morgan, reachable via email or telephone.

This contract provides a substantial business growth opportunity for firms specialising in internal audit, counter fraud, risk management, and information governance services. Although the contract was directly awarded to Veritau Public Sector Limited, it highlights the demand for specialised financial and governance services in the public sector. Large-scale businesses in similar service areas could consider future tenders or sub-contract opportunities with Leicester City Council to gain experience and strengthen their credentials in similar high-value, long-term projects.

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Notice Title

FEW1409 - Internal Audit Service

Notice Description

Provision of internal audit, counter fraud, risk management and information governance services to support the Director of Finance in the discharge of their statutory responsibilities, which is compliant with legal, regulatory and professional requirements and standards.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a715eb47-b8c5-48d4-bb91-cf5538d6b341
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/07c93cca-1c12-4d21-9a50-27f9a3c36cb4
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£3,720,000 £1M-£10M
Lots Value
Not specified
Awards Value
£3,720,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
25 Oct 20241 years ago
Submission Deadline
31 Jul 2024Expired
Future Notice Date
Not specified
Award Date
30 Jul 20241 years ago
Contract Period
31 Jul 2024 - 31 Jul 2039 Over 5 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
LEICESTER CITY COUNCIL
Contact Name
John Morgan
Contact Email
john.morgan@leicester.gov.uk
Contact Phone
+44 1164540347

Buyer Location

Locality
LEICESTER
Postcode
LE1 1FZ
Post Town
Leicester
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF2 Leicestershire, Rutland and Northamptonshire
Small Region (ITL 3)
TLF21 Leicester
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
Leicester
Electoral Ward
Castle
Westminster Constituency
Leicester South

Supplier Information

Number of Suppliers
1
Supplier Name

VERITAU PUBLIC SECTOR

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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