Award

Provision of Board Effectiveness Review

GOVERNMENT INTERNAL AUDIT AGENCY

This public procurement record has 1 release in its history.

Award

24 Aug 2023 at 07:34

Award Notice
Summary of the contracting process

The Government Internal Audit Agency (GIAA) has awarded a contract for the provision of Board Effectiveness Review services. The tender, titled 'Provision of Board Effectiveness Review', falls under the CPV classification code 79313000 for Performance review services. The procurement method used was 'Competitive quotation (below threshold)'. The contract period for the awarded supplier HCubed starts on 1st September 2023 and ends on 29th February 2024. The tender had a tender period ending on 25th May 2023, and the value of the contract is £23,950 GBP. The buying organisation, GIAA, is located at 7th Floor, 10 Victoria Street, London, SW1H 0NB, England.

This opportunity for business growth is suited for professional services organisations with experience in conducting Board Effectiveness Reviews in central Government bodies. Small and medium-sized enterprises (SMEs) are considered suitable for this tender. The competition was limited to selected organisations based on their previous interactions with similar entities. The successful tenderer will support GIAA in demonstrating compliance with the Corporate Governance Code and enhancing its service delivery for the benefit of taxpayers. This contract presents a chance for businesses to contribute to GIAA's growth by delivering quality services and helping the organisation strengthen its governance practices.

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Notice Information

Notice Title

Provision of Board Effectiveness Review

Notice Description

GIAA are required by the 'Corporate Governance Code for Central Government Departments: Code of Good Practice' to undertake a Board Effectiveness Review annually, and with independent input at least once every three years. GIAA are due to be reviewed as part of the Public Bodies Review Programme (PBRP) in 2024/25. One of the Governance Requirements they will assess is whether 'an externally facilitated review of the effectiveness of the board has been conducted within the last three years' and 'if there is evidence the recommendations have been implemented'. GIAA are due an externally facilitated review and, so that there is evidence of the recommendations being implemented for the PBRP, this needs to take place in the 2023/24 financial year. It is important for GIAA reputationally to be compliant with the Corporate Governance Code. As the organisation's purpose is to help ensure the government and wider public sector provide services effectively, it is important that we demonstrate best practice. In addition, a Board Effectiveness Review will allow the Board to assess which areas require development, and identify its strengths. This will contribute to our growth as an organisation, enabling the Agency to better provide its services and therefore deliver benefit to the taxpayer. Professional services support is required to conduct an independent, objective, evidence-based review of the GIAA Board. Such support should have demonstrable experience in undertaking Board Effectiveness Reviews in central Government bodies and an understanding of how Departmental and/or Executive Agency Boards should operate. A soft market test was undertaken earlier in 2023 which allowed for the benchmarking of costs to undertake the Review. A number of organisations expressed an interest in providing the service, with some (but not all) providing indicative costs. The conclusion reached was that such a cost was disproportionately high considering the size of the Agency and the low level of complexity of the governance and Board arrangements. From previous experience at a former organisation, a professional service was procured for an organisation ten times the size of GIAA that had a number of identified issues within its governance framework. The next step was to approach organisations who had been recommended based on their previous interactions with similar organisations.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-dec0a739-c620-4ace-9c19-0b6afb9d3e64
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/724c7cdd-4119-4ca6-9b49-18211ec26fed
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79313000 - Performance review services

Notice Value(s)

Tender Value
£23,950 Under £100K
Lots Value
Not specified
Awards Value
£23,950 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
24 Aug 20232 years ago
Submission Deadline
25 May 2023Expired
Future Notice Date
Not specified
Award Date
16 Aug 20232 years ago
Contract Period
31 Aug 2023 - 29 Feb 2024 6-12 months
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
GOVERNMENT INTERNAL AUDIT AGENCY
Contact Name
Donna-Marie Miles
Contact Email
donna-marie.miles@giaa.gov.uk
Contact Phone
07890972786

Buyer Location

Locality
LONDON
Postcode
SW1H 0NB
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
1
Supplier Name

HCUBED

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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