Notice Information
Notice Title
Co-Sourced Internal Audit
Notice Description
Durham University is seeking to appoint a co-sourced internal auditor as part of its cycle of full market testing. On this occasion, the University intends to award the contract for an initial period of three years, i.e. until 31 July 2024, and renewable annually thereafter, for up to two further years.
Lot Information
Lot 1
The University wishes to establish a contract with a professional services firm to provide co-sourced internal audit services as required by the Director of University Assurance Service (UAS). We would expect the incoming provider to have expertise in business strategy and capability as well as experience in supporting organisations through transformation and being a catalyst and enabler for change. The core of the work is likely to be risk-based audit work, with an emphasis on the design and operation of controls and embedded assurance. The Supplier may also be asked to conduct independent review investigations where circumstances require this, and to support capacity gaps within the internal team. The University wishes, however, to maintain a flexible approach to this arrangement to enable the UAS to respond in an agile way to the University's changing business priorities and risks. This may include providing advisory work, analytical support for audit work completed by the in-house team, developing embedded (continuous) audit procedures, project assurance for new system developments or support for forensic investigations (where required).
Options: Two twelve month extensions are available, subject to requirement and supplier performance.
Renewal: The contract renewal may be advertised April/May 2024, unless one or more extensions are invoked.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-02a648
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/007895-2021
- Current Stage
- Tender
- All Stages
- Tender
Procurement Classification
- Notice Type
- Tender Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Open
- Procurement Method Details
- Open procedure
- Tender Suitability
- Not specified
- Awardee Scale
- Not specified
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
- £210,000 £100K-£500K
- Lots Value
- Not specified
- Awards Value
- Not specified
- Contracts Value
- Not specified
Notice Dates
- Publication Date
- 15 Apr 20214 years ago
- Submission Deadline
- 17 May 2021Expired
- Future Notice Date
- Not specified
- Award Date
- Not specified
- Contract Period
- Not specified - Not specified
- Recurrence
- April 2024
Notice Status
- Tender Status
- Active
- Lots Status
- Active
- Awards Status
- Not Specified
- Contracts Status
- Not Specified
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- DURHAM UNIVERSITY
- Contact Name
- Lyndsay Glasper
- Contact Email
- lyndsay.glasper@durham.ac.uk
- Contact Phone
- Not specified
Buyer Location
- Locality
- DURHAM
- Postcode
- DH1 3LE
- Post Town
- Durham
- Country
- England
-
- Major Region (ITL 1)
- TLC North East (England)
- Basic Region (ITL 2)
- TLC4 Northumberland, Durham and Tyne & Wear
- Small Region (ITL 3)
- TLC41 Durham
- Delivery Location
- TLC14 Durham
-
- Local Authority
- County Durham
- Electoral Ward
- Durham South
- Westminster Constituency
- City of Durham
Further Information
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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.
{
"tag": [
"compiled"
],
"id": "ocds-h6vhtk-02a648-2021-04-15T12:07:50+01:00",
"date": "2021-04-15T12:07:50+01:00",
"ocid": "ocds-h6vhtk-02a648",
"initiationType": "tender",
"tender": {
"id": "ITT21-006",
"legalBasis": {
"id": "32014L0024",
"scheme": "CELEX"
},
"title": "Co-Sourced Internal Audit",
"status": "active",
"classification": {
"scheme": "CPV",
"id": "79212200",
"description": "Internal audit services"
},
"mainProcurementCategory": "services",
"description": "Durham University is seeking to appoint a co-sourced internal auditor as part of its cycle of full market testing. On this occasion, the University intends to award the contract for an initial period of three years, i.e. until 31 July 2024, and renewable annually thereafter, for up to two further years.",
"value": {
"amount": 210000,
"currency": "GBP"
},
"lots": [
{
"id": "1",
"description": "The University wishes to establish a contract with a professional services firm to provide co-sourced internal audit services as required by the Director of University Assurance Service (UAS). We would expect the incoming provider to have expertise in business strategy and capability as well as experience in supporting organisations through transformation and being a catalyst and enabler for change. The core of the work is likely to be risk-based audit work, with an emphasis on the design and operation of controls and embedded assurance. The Supplier may also be asked to conduct independent review investigations where circumstances require this, and to support capacity gaps within the internal team. The University wishes, however, to maintain a flexible approach to this arrangement to enable the UAS to respond in an agile way to the University's changing business priorities and risks. This may include providing advisory work, analytical support for audit work completed by the in-house team, developing embedded (continuous) audit procedures, project assurance for new system developments or support for forensic investigations (where required).",
"contractPeriod": {
"durationInDays": 1080
},
"hasRenewal": true,
"renewal": {
"description": "The contract renewal may be advertised April/May 2024, unless one or more extensions are invoked."
},
"submissionTerms": {
"variantPolicy": "notAllowed"
},
"hasOptions": true,
"options": {
"description": "Two twelve month extensions are available, subject to requirement and supplier performance."
},
"status": "active"
}
],
"items": [
{
"id": "1",
"deliveryAddresses": [
{
"region": "UKC14"
}
],
"relatedLot": "1"
}
],
"submissionMethod": [
"electronicSubmission"
],
"submissionMethodDetails": "http://events.transaxions.com/service.aspx?event=6823",
"documents": [
{
"id": "economic",
"documentType": "economicSelectionCriteria"
},
{
"id": "technical",
"documentType": "technicalSelectionCriteria"
}
],
"procurementMethod": "open",
"procurementMethodDetails": "Open procedure",
"coveredBy": [
"GPA"
],
"tenderPeriod": {
"endDate": "2021-05-17T12:00:00+01:00"
},
"submissionTerms": {
"languages": [
"en"
],
"bidValidityPeriod": {
"durationInDays": 90
}
},
"awardPeriod": {
"startDate": "2021-05-17T13:00:00+01:00"
},
"bidOpening": {
"date": "2021-05-17T13:00:00+01:00"
},
"hasRecurrence": true,
"contractTerms": {
"hasElectronicOrdering": true,
"electronicInvoicingPolicy": "allowed"
},
"reviewDetails": "This authority will incorporate a minimum 10 calendar day standstill period at the point information on the award of the contract is communicated to tenderers. The communication will be in the form of a letter which will be issued electronically. The letter will provide a full debrief and contact details should a tenderer wish to appeal the decision. The timescale for appeals will be detailed in the letter. If an appeal regarding the award of a contract has not been successfully resolved the Public Contracts Regulations 2006 (SI 2006 No 5) provide for aggrieved parties who have been harmed or are at risk of harm by a breach of the rules to take action in the High Court (England, Wales and Northern Ireland). Any such action must be brought promptly (generally within 3 months).Where a contract has not been entered into the court may order the settling aside of the award decision or order the authority to amend any document and may award damages. If the contract has been entered into the court may only award damages.",
"recurrence": {
"description": "April 2024"
}
},
"parties": [
{
"id": "GB-FTS-5238",
"name": "Durham University",
"identifier": {
"legalName": "Durham University"
},
"address": {
"streetAddress": "South Road",
"locality": "DURHAM",
"region": "UKC14",
"postalCode": "DH13LE",
"countryName": "United Kingdom"
},
"contactPoint": {
"name": "Lyndsay Glasper",
"email": "lyndsay.glasper@durham.ac.uk",
"url": "http://events.transaxions.com/service.aspx?event=6823"
},
"roles": [
"buyer"
],
"details": {
"url": "http://www.dur.ac.uk",
"buyerProfile": "http://events.transaxions.com/service.aspx?event=6823",
"classifications": [
{
"scheme": "TED_CA_TYPE",
"id": "BODY_PUBLIC",
"description": "Body governed by public law"
},
{
"scheme": "COFOG",
"id": "09",
"description": "Education"
}
]
}
},
{
"id": "GB-FTS-5239",
"name": "University of Durham",
"identifier": {
"legalName": "University of Durham"
},
"address": {
"streetAddress": "University Office",
"locality": "Durham",
"postalCode": "DH1 3LE",
"countryName": "United Kingdom"
},
"roles": [
"reviewBody"
],
"details": {
"url": "http://www.dur.ac.uk"
}
}
],
"buyer": {
"id": "GB-FTS-5238",
"name": "Durham University"
},
"language": "en"
}