Notice Information
Notice Title
Internal Audit Support - No Interest Loan Scheme
Notice Description
Please note this is a reissue of the tender due to a clerical error on budget range. The previous publication reference was 2021/S 000-031015. Fair4All Finance is seeking a provider of internal audit support to enable us to appoint a partner who can work with us to implement appropriate mechanisms to manage the funds we receive to deliver the NILS pilot in compliance with the various agreements. Our requirement for this work arises out of the multi-party funding arrangements for NILS, the principal contributor to which is Treasury (HMT) and where contributions are also expected from the Devolved Administrations, and, potentially, from other co-funders. We have commenced a market engagement on our plans for ahead of formally procuring this scheme from November 2021 with lending commencing in approximately September 2022 across six locations in England (three); Wales, Northern Ireland and Scotland. NILS product development is already underway, and we have a small-scale proof of concept (POC) also commencing delivery in December 2021/January 2022. Please see the detailed market engagement pack (Appendix 1) for information about the pilot on which we are seeking input from lenders as potential bidders in parallel to procuring this work to support the lender(s) we eventually appoint. The procurement is live on our website at https://fair4allfinance.org.uk/invitations-to-tender/ Please note, the maximum budget figure will only be realised if additional ad-hoc investment audit support and/or internal audit work are required. Please read the documents to ensure you fully understand the requirements.
Lot Information
Lot 1
Please see tender documents
Renewal: Renewals will depend on the future of NILS
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-031676
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/004256-2022
- 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
79212000 - Auditing services
Notice Value(s)
- Tender Value
- £1,000,000 £1M-£10M
- Lots Value
- Not specified
- Awards Value
- Not specified
- Contracts Value
- Not specified
Notice Dates
- Publication Date
- 15 Feb 20224 years ago
- Submission Deadline
- 14 Mar 2022Expired
- Future Notice Date
- Not specified
- Award Date
- Not specified
- Contract Period
- Not specified - Not specified
- Recurrence
- Not specified
Notice Status
- Tender Status
- Active
- Lots Status
- Active
- Awards Status
- Not Specified
- Contracts Status
- Not Specified
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- FAIR4ALL FINANCE LIMITED
- Contact Name
- Gary Stephens
- Contact Email
- procurement@fair4allfinance.org.uk
- Contact Phone
- +44 7484130029
Buyer Location
- Locality
- LONDON
- Postcode
- E1 6LS
- Post Town
- East London
- Country
- England
-
- Major Region (ITL 1)
- TLI London
- Basic Region (ITL 2)
- TLI4 Inner London - East
- Small Region (ITL 3)
- TLI42 Tower Hamlets
- Delivery Location
- Not specified
-
- Local Authority
- Tower Hamlets
- Electoral Ward
- Spitalfields & Banglatown
- Westminster Constituency
- Bethnal Green and Stepney
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.
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