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Invitation to tender for the Provision of Quality Monitoring Services

Wales Audit Office

This public procurement record has 2 releases in its history.

Award

03 Jan 2023 at 10:07

Award Notice
Tender

24 Oct 2022 at 16:25

Tender Notice
Summary of the contracting process

The Wales Audit Office has awarded a contract for the Provision of Quality Monitoring Services to ICAEW. The tender was for system quality assurance assessment and review services in Cardiff. The procurement process has reached the award stage, with the contract signed on 12th December 2022. The opportunity was presented as an invitation to tender, focusing on services in the CPV category of system quality assurance. The key date for this tender was the award date in 2022.

This tender by the Wales Audit Office provides significant business opportunities for firms experienced in providing quality monitoring services. Businesses with expertise in system quality assurance assessment and review services, particularly those with experience in cold file reviews and audit quality management, would be well-suited to compete for this contract. It is an open procedure procurement with potential growth prospects for businesses interested in the audit services industry and seeking to expand their service capabilities in line with ISQM 1 standards.

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Notice Information

Notice Title

Invitation to tender for the Provision of Quality Monitoring Services

Notice Description

The following core services will be provided by the prospective supplier: - one cold file review per audit of accounts director for each year of the contract (if let) (ordinarily four to five reviews per annum), to include emphasis both on compliance with standards and on audit efficiency; - one cold file review per performance audit director for each year of the contract (if let) (ordinarily three reviews per annum), to include emphasis both on compliance with standards, audit efficiency and impact; - review of the system of quality management under ISQM 1; - advice on good practice and cutting-edge developments in audit methodology and quality.

Lot Information

Lot 1

The Wales Audit Office is seeking to appoint a supplier to provide quality monitoring services in respect of the accounts with effect from 2021-22 audit year and performance audit work over the period of the contract.

Renewal: 2 x 12 months

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-037bb9
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/000021-2023
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

72 - IT services: consulting, software development, Internet and support

CPV Codes

72225000 - System quality assurance assessment and review services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£300,000 £100K-£500K

Notice Dates

Publication Date
3 Jan 20233 years ago
Submission Deadline
29 Nov 2022Expired
Future Notice Date
Not specified
Award Date
12 Dec 20223 years ago
Contract Period
Not specified - Not specified
Recurrence
Every 6 years

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Wales Audit Office
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CARDIFF
Postcode
CF11 9LJ
Postcode Area
Cardiff
Country
Wales
Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL52 Cardiff and Vale of Glamorgan
Delivery Location
TLL22 Cardiff and Vale of Glamorgan
Local Authority
Cardiff
Electoral Ward
Riverside
Westminster Constituency
Cardiff West

Supplier Information

Number of Suppliers
1
Supplier Name

ICAEW

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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