Award

WCC - Internal Audit Services Framework - AWARD

COVENTRY - SOLIHULL - WARWICKSHIRE

This public procurement record has 1 release in its history.

Award

26 Jan 2018 at 13:35

Award Notice
Summary of the contracting process

Warwickshire County Council is leading the procurement for the Internal Audit Services Framework, which has been awarded to TIAA Ltd. This contract is essential as the current internal auditing agreement will expire on 31 March 2018, with the new framework commencing on 1 April 2018 and running until 31 March 2022. The procurement is classified under the CPV code for internal audit services and follows an open procedure. Business locations involved in this framework include Warwickshire, Coventry, Solihull, and other participating councils, with a preliminary budget of £864,000 for the entirety of the contract.

This tender presents significant growth opportunities for businesses providing internal auditing services, particularly those specialised in ICT auditing and risk assessments. Companies capable of delivering comprehensive auditing solutions and those able to operate across various geographical regions are well-suited to compete, especially as the framework is divided into multiple lots requiring separate contractors. With the chance to bid for one or more lots, businesses are encouraged to showcase their expertise and potentially secure a contract without guaranteed business from awarded lots.

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Notice Information

Notice Title

WCC - Internal Audit Services Framework - AWARD

Notice Description

Warwickshire County Council's current contract for internal auditing services is due to expire on 31 March 2018. The new framework commencing 1 April 2018 will be accessible by the following participating Councils: o Warwickshire County Council and clients o North Warwickshire Borough Council o Nuneaton & Bedworth Borough Council o Rugby Borough Council o Solihull Metropolitan Borough Council o Warwick District Council o Coventry City Council o Gloucestershire County Council and clients o Telford and Wrekin Council o Lincolnshire County Council and clients Warwickshire County Council is leading this procurement process on behalf of the other participating Councils. Warwickshire County Council will be the contracting authority for the Internal Audit Services Framework Agreement. The requirement is for internal auditing services, as defined by the Public Sector Internal Audit Standards, ie: Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organisation's operations. It helps an organisation accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes. Internal audit services will comprise mainly internal ICT auditing services, including the development of ICT audit plans; risk assessments on ICT systems, equipment and services; undertaking audit reviews and reports; and providing advice to internal audit staff on ICT audit matters. Additionally the contractor must have capacity for non ICT specialist work to provide additional audit resource if needed. As audit work will need to be carried out at a variety of locations, the framework will be divided into the following geographical lots: Lot 1 - Warwickshire, Coventry, Solihull and Worcestershire Lot 2 - Gloucestershire Lot 3 - Telford and Wrekin Lot 4 - Lincolnshire The services for each Lot will be delivered by one contractor. There is no guarantee of business for any of the Lots. Applicants are invited to bid for one or more of the lots. Where a tender is submitted for two or more lots, tenders should specify any applicable discount in the pricing schedule. Please refer to the Service Specification and Framework Agreement for further details.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f31fffc0-2c72-487d-8179-f795cf33d037
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9dd69be6-8728-4d9a-8258-ba185f661d34
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
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
£864,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
26 Jan 20188 years ago
Submission Deadline
14 Nov 2017Expired
Future Notice Date
Not specified
Award Date
22 Jan 20188 years ago
Contract Period
31 Mar 2018 - 31 Mar 2022 4-5 years
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
COVENTRY - SOLIHULL - WARWICKSHIRE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
WARWICKSHIRE
Postcode
CV34 4RL
Post Town
Coventry
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG1 Herefordshire, Worcestershire and Warwickshire
Small Region (ITL 3)
TLG13 Warwickshire CC
Delivery Location
TLG West Midlands (England)
Local Authority
Warwick
Electoral Ward
Warwick Saltisford
Westminster Constituency
Warwick and Leamington

Supplier Information

Number of Suppliers
1
Supplier Name

TIAA

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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