Tender

GUHG Internal Audit Services

GRAND UNION HOUSING GROUP LIMITED

This public procurement record has 1 release in its history.

Tender

21 Dec 2022 at 10:04

Summary of the contracting process

The Grand Union Housing Group (GUHG) is seeking a single organisation to provide internal audit services in compliance with corporate governance standards. The appointed internal auditor will work closely with GUHG's Audit & Risk Committee and Executive Management Team. The contract is initially for 36 months, with the option to extend for a further 24 months. The estimated annual value of the services is between £60,000 - £80,000 (excluding VAT). The tender deadline for submissions is January 30, 2023, with procurement being carried out through an open procedure.

This opportunity to provide internal audit services for GUHG can benefit businesses experienced in financial auditing and internal controls. Companies with expertise in accounting systems, risk management, and corporate governance may find this tender suitable. Given the service duration and potential contract extension, businesses looking for long-term partnerships in the housing and community amenities sector could leverage this opportunity for sustainable growth.

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Notice Title

GUHG Internal Audit Services

Notice Description

Grand Union Housing Group (GUHG) is looking to appoint a single organisation to act as its internal auditor in compliance with its corporate governance requirements. The internal auditor will report to GUHG's Audit & Risk Committee and will work closely with its Executive Management Team.

Lot Information

Lot 1

The main activities to be undertaken by the appointed internal auditor are as follows: * review the effectiveness and efficiency of accounting systems and internal controls. * review the effectiveness and efficiency of non-financial systems and controls. * review the effectiveness and efficiency of processes by which risks are identified, analysed and managed. * review the reliability and integrity of corporate management information. * undertake routine financial performance reviews. * recommend operating improvements to ensure greater value for money * develop an annual work programme in conjunction with the Audit & Risk Committee. * carry out special reviews as required. * present reports and meet with the Audit & Risk Committee on a routine basis as agreed. The above list is not necessarily exhaustive. The contracting authority may also be required to provide ad-hoc tax and VAT advice. It is envisaged that services required will entail circa 40 / 50 days per annum, and be of an estimated annual value of circa PS60,000 - PS80,000 (excluding VAT). The duration and values stated are estimates only, based upon previous years' experience.

Options: The contract is initially for 36 months with the option to extend for a further 24 months.

Renewal: The contract is initially for 36 months with the option to extend for a further 24 months.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03932a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/036142-2022
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

79212100 - Financial auditing services

79212200 - Internal audit services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
21 Dec 20223 years ago
Submission Deadline
30 Jan 2023Expired
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

Contracting Authority (Buyer)

Main Buyer
GRAND UNION HOUSING GROUP LIMITED
Contact Name
Ken Murray
Contact Email
ken.murray@guhg.co.uk
Contact Phone
Not specified

Buyer Location

Locality
MILTON KEYNES
Postcode
MK7 6BZ
Post Town
Milton Keynes
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ1 Berkshire, Buckinghamshire and Oxfordshire
Small Region (ITL 3)
TLJ12 Milton Keynes
Delivery Location
TLJ12 Milton Keynes

Local Authority
Milton Keynes
Electoral Ward
Monkston
Westminster Constituency
Milton Keynes Central

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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