This public procurement record has 2 releases in its history.

Award

06 Jun 2022 at 15:04

Tender

04 Mar 2022 at 09:45

Summary of the contracting process

The Department for the Economy (DfE) is seeking services for internal audit inspection reviews of External Delivery Organisations (EDOs) as part of an open procurement process. This contract, titled "DfE Internal Audit – Inspection Reviews of External Delivery Organisations (EDOs)," falls under the accounting, auditing, and fiscal services category and is based in Belfast, UK. The award is currently active, and the contract is set to run for three years until 31st March 2024, with options for two additional one-year extensions. Key dates include the start of the contract in the final quarter of 2022, with an award value of £79,200. Contractors will be monitored closely, with penalties for unsatisfactory performance, including potential exclusion from future procurement competitions.

This tender presents an excellent opportunity for businesses, particularly those in the accounting and auditing sectors, to expand their portfolios by participating in a government contract that necessitates rigorous reviews and assessments. Companies with expertise in internal audit services, along with strong methodologies and experienced personnel, will be well-positioned to compete. The Department for the Economy's focus on robust contract performance monitoring also suggests a need for dependable firms that can ensure compliance and deliver high-quality outcomes.

How relevant is this notice?

Notice Title

DfE Internal Audit - Inspection Reviews of External Delivery Organisations (EDOs)

Notice Description

The Department for the Economy require a Contractor to complete reviews of the External Delivery Organisations (EDO) arrangements in place for their NDPBs, specifically Invest NI. The contract will commence in the final quarter of 2022-2025 and run for three years up to 31st March 2024, with the option of two one year extension periods.

Lot Information

Lot 1

The Department for the Economy require a Contractor to complete reviews of the External Delivery Organisations (EDO) arrangements in place for their NDPBs, specifically Invest NI. The contract will commence in the final quarter of 2022-2025 and run for three years up to 31st March 2024, with the option of two one year extension periods.

Options: Following the initial contract period there are two options to extend for up to one year

Renewal: After the initial contract period, there are two options to extend the contract by up to one year each.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-031df7
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/015518-2022
Current Stage
Award
All Stages
Tender, Award

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
SME

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

79212000 - Auditing services

79212100 - Financial auditing services

79212200 - Internal audit services

79212500 - Accounting review services

Notice Value(s)

Tender Value
£180,000 £100K-£500K
Lots Value
£180,000 £100K-£500K
Awards Value
Not specified
Contracts Value
£79,200 Under £100K

Notice Dates

Publication Date
6 Jun 20224 years ago
Submission Deadline
6 Apr 2022Expired
Future Notice Date
Not specified
Award Date
31 May 20224 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
Department for the Economy
Additional Buyers

Department for the Economy DfE

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
BT4 2JP
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
TLN Northern Ireland

Local Authority
Belfast
Electoral Ward
Stormont
Westminster Constituency
Belfast East

Supplier Information

Number of Suppliers
2
Supplier Names

Cavanagh Kelly

FPM ACCOUNTANTS LTD

Further Information

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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