Award

Internal Audit Services for YHG

YOUR HOUSING GROUP

This public procurement record has 1 release in its history.

Award

12 Feb 2021 at 16:32

Summary of the contracting process

Your Housing Group is seeking a single supplier to deliver internal audit services through an open tender process, with an estimated contract value of approximately GBP 600,000 over a maximum term of five years. The tender is currently in the awarded stage following a competition that included several bidders, with the award date being 12 February 2021. The services will primarily take place at the delivery location in Warrington, UK, which entails executing the Group's internal audit plan and providing various audit-related services.

This procurement offers significant opportunities for businesses, particularly those specialising in audit and compliance services. Companies capable of delivering comprehensive internal audit programmes and demonstrating proficiency in quality and cost management will find this tender appealing. The competitive landscape included both small to medium enterprises and larger firms, indicating a broad market potential. Engaging in this sector could foster sustainable growth for service providers focused on governance, risk management, and audit solutions.

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Notice Title

Internal Audit Services for YHG

Notice Description

YHG requires a single supplier to deliver its internal audit provision. The services provided are for the delivery of the Group's internal audit programme.

Lot Information

Lot 1

YHG currently outsources its internal audit provision to a third-party supplier. The services provided are for the delivery of the Group's internal audit programme which includes (but not limited to): - Internal audit risk analysis; - Developing an internal audit charter which specifies the roles and responsibilities of the function; - Developing an internal audit plan; - Execution of the internal audit plan including follow-up of recommendations; - Reporting the results of the internal audit plan including observations, recommendations and management responses; - Timetable for delivery of the above; and - Any additional or ad hoc audits as identified throughout the year in line with business change etc. Your Housing Group wish to establish contracts to create an efficient and effective Internal Audit Services Agreement (the "Agreement") to provide a range of Internal Audit services to support the Group as detailed in the specification. Additional information: The estimated value is in the region of GBP 600,000 over the total 5 year maximum term of the contract.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0292f8
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/002961-2021
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open 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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£521,250 £500K-£1M

Notice Dates

Publication Date
12 Feb 20215 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
12 Feb 20215 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
YOUR HOUSING GROUP
Contact Name
Jen Hartshorn
Contact Email
jen.hartshorn@yourhousinggroup.co.uk
Contact Phone
+44 1925592788

Buyer Location

Locality
WARRINGTON
Postcode
WA3 6ZN
Post Town
Warrington
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD6 Cheshire
Small Region (ITL 3)
TLD61 Warrington
Delivery Location
TLD North West (England)

Local Authority
Warrington
Electoral Ward
Birchwood
Westminster Constituency
Warrington North

Supplier Information

Number of Suppliers
1
Supplier Name

PWC

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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