Tender

UOW889 Internal Audit Service

UNIVERSITY OF WORCESTER

This public procurement record has 2 releases in its history.

Tender

04 Apr 2023 at 13:54

Planning

10 Feb 2023 at 15:01

Summary of the contracting process

The University of Worcester is seeking tenders for internal audit services, with the title 'UOW889 Internal Audit Service'. This procurement falls under the 'services' category and has a value of £200,000. The primary objective is to provide assurance on governance, risk management, and internal controls. The tender period ends on May 1, 2023, with the bid validity period expiring on August 31, 2023. The University will engage in electronic and written submissions. The buying organisation is the University of Worcester, located in Worcester, United Kingdom, and the procurement stage is currently in the 'active' status.

This tender for internal audit services by the University of Worcester offers business growth opportunities for firms specialised in internal audit and related services. Businesses with expertise in corporate governance, risk management, financial controls, data assurance, and compliance are well-suited to compete. The University's requirements include fraud detection, investigation, and adherence to regulatory standards. As an open procurement process, interested businesses should prepare to submit their bids electronically or in writing by the specified deadlines to provide internal audit services and align with the University's governance goals.

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Notice Title

UOW889 Internal Audit Service

Notice Description

The University is inviting tenders to provide it with an internal audit service from the 1st September 2023. This will provide the primary internal audit resource to provide the Board of Governors' Audit Committee and the Vice Chancellor and Chief Executive with assurance that the University has adequate arrangements to ensure that the University's governance, risk management and internal controls are effective. It is expected that the scope of the internal audit provision will include:* Corporate Governance (essential)* Risk Management (essential)* Data Assurance - rolling annual programme of audits of statutory data returns (essential)* Key Financial Controls (essential)* Human Resources* Grant audit and record keeping* Fraud prevention, detection and investigation* Competition and Markets Authority Compliance* UUK Accommodation Code of Practice

Lot Information

Lot 1

internal audit service for the University of Worcester

Renewal: as per tender documentation - the tender could be extended for a period of a further 2 x 12 month periods

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03a4cf
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/009817-2023
Current Stage
Tender
All Stages
Planning, Tender

Procurement Classification

Notice Type
Planning 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

79212200 - Internal audit services

Notice Value(s)

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

Notice Dates

Publication Date
4 Apr 20233 years ago
Submission Deadline
1 May 2023Expired
Future Notice Date
10 Feb 2023Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
4 years

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF WORCESTER
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
WORCESTER
Postcode
WR2 6AJ
Post Town
Worcester
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG1 Herefordshire, Worcestershire and Warwickshire
Small Region (ITL 3)
TLG12 Worcestershire CC
Delivery Location
TLG1 Herefordshire, Worcestershire and Warwickshire, TLG12 Worcestershire CC

Local Authority
Worcester
Electoral Ward
St Clement
Westminster Constituency
Worcester

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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