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P-1872 Provision of Internal Audit Services, including Head of Internal Audit

Translink

This public procurement record has 2 releases in its history.

Award

31 Mar 2022 at 15:04

Award Notice
Tender

06 Aug 2021 at 14:45

Tender Notice
Summary of the contracting process

The procurement process involves Translink seeking a qualified organisation to provide Internal Audit Services, including the role of Head of Internal Audit. The tender, titled "P-1872 Provision of Internal Audit Services, including Head of Internal Audit," falls within the accounting and auditing services category and is located in Belfast, UK. The procurement method used is a selective procedure, and the current stage is the Award phase. The contract was signed on 31 March 2022, and the anticipated start date for the services is between March and April 2022. The total value of the contract is estimated at £2,800,000.

This tender presents a significant opportunity for businesses in the professional services sector, particularly those specialising in accounting, auditing, and fiscal services. Companies that are experienced in delivering internal audit functions, including the requisite qualifications for the Head of Internal Audit role, are well-positioned to compete. Given the substantial contract value, it is ideal for both small and large firms that can demonstrate relevant expertise and a track record in similar projects.

How relevant is this notice?

Notice Information

Notice Title

P-1872 Provision of Internal Audit Services, including Head of Internal Audit

Notice Description

The following is provided in good faith and is intended only as a preliminary background explanation to Translink's requirement, it does not purport to be all inclusive. Translink is seeking to appoint a suitably qualified and experienced organisation to undertake Internal Audit Services including nomination of a fully qualified individual who will fulfil the role of Head of Internal Audit, reporting to the Board Audit and Risk Committee. The anticipated start date is March-April 2022 however dates may be subject to change. Translink reserves the right to accept part of any Tender from one or any number of Tenderers and may change the contracting strategy at any time.

Lot Information

Lot 1

The following is provided in good faith and is intended only as a preliminary background explanation to Translink's requirement, it does not purport to be all inclusive. Translink is seeking to appoint a suitably qualified and experienced organisation to undertake Internal Audit Services including nomination of a fully qualified individual who will fulfil the role of Head of Internal Audit, reporting to the Board Audit and Risk Committee. The anticipated start date is March-April 2022 however dates may be subject to change. Translink reserves the right to accept part of any Tender from one or any number of Tenderers and may change the contracting strategy at any time.

Options: As above, Options included to extend the contract at the end of the initial term. Options available are: 1st option for a further period of 1 year. 2nd option for a further period of 1 year. 3rd option for a further period of 1 year.

Renewal: Options included to extend the contract at the end of the initial term. Options available are: 1st option for a further period of 1 year. 2nd option for a further period of 1 year. 3rd option for a further period of 1 year.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02d1e1
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/008703-2022
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted 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

79200000 - Accounting, auditing and fiscal services

79210000 - Accounting and auditing services

79211000 - Accounting services

79212200 - Internal audit services

Notice Value(s)

Tender Value
£2,800,000 £1M-£10M
Lots Value
£2,800,000 £1M-£10M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
31 Mar 20224 years ago
Submission Deadline
7 Sep 2021Expired
Future Notice Date
Not specified
Award Date
31 Mar 20224 years ago
Contract Period
Not specified - Not specified
Recurrence
Translink may make a call for competition at the end of the initial 3 year contract period and/or if additional options are taken (3 additional options, each a period of 1 year). Translink reserves the right to make a call for competition at any point deemed appropriate by Translink and may make no call for competition should the. requirement no longer be classified by Translink as recurring.

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Translink
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BELFAST
Postcode
BT2 7LX
Postcode Area
Northern Ireland
Country
Northern Ireland
Major Region (ITL 1)
TLN Northern Ireland
Basic Region (ITL 2)
TLN0 Northern Ireland
Small Region (ITL 3)
TLN06 Belfast
Delivery Location
TLN0 Northern Ireland
Local Authority
Belfast
Electoral Ward
Central
Westminster Constituency
Belfast South and Mid Down

Supplier Information

Number of Suppliers
1
Supplier Name

ERNST YOUNG LLP

Further Information

Open Contracting Data Standard (OCDS)

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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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