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ID 5114709 UREGNI - Provision of Internal Audit Services

Utility Regulator

This public procurement record has 2 releases in its history.

Award

05 Jun 2024 at 13:08

Award Notice
Tender

28 Mar 2024 at 15:30

Tender Notice
Summary of the contracting process

The Northern Ireland Authority for Utility Regulation has recently awarded a contract titled "ID 5114709 UREGNI - Provision of Internal Audit Services". The procurement process, initiated as a tender, falls under auditing services with a main procurement category of services. The contract's total value is £200,000 in GBP, signed on May 24, 2024. The location of the buying organisation is in BELFAST, United Kingdom. The procurement stage is now in the award status, handled through an open procedure. The contract was awarded to SCC Chartered Accountants.

This contract from the utility regulator presents opportunities for businesses involved in auditing and financial services to compete. The tender, with a focus on internal audit services, is suited for companies with expertise in auditing practices, financial management, and compliance. Businesses looking to expand their services within the utilities sector in Northern Ireland should consider this contract. The procurement process allows for fair competition, emphasising quality criteria alongside cost considerations, enabling suitable suppliers to showcase their capabilities in providing audit services to a reputable regulatory authority.

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Notice Information

Notice Title

ID 5114709 UREGNI - Provision of Internal Audit Services

Notice Description

The Northern Ireland Authority for Utility Regulation is a non-ministerial government department responsible for regulating the electricity, gas, water and sewerage industries in Northern Ireland. In doing so, we promote short and long-term interests of energy and water consumers. We are accountable to the Northern Ireland Assembly through financial and annual reporting obligations. The purpose of this Contract is to secure the provision of internal audit services defined as "an independent, objective assurance and consulting activity." This is in accordance with the responsibilities, standards and ethics laid down by the Public Sector Internal Audit Standards (PSIAS). Please see ID 5114709 Specification document for further information.

Lot Information

Lot 1

The Northern Ireland Authority for Utility Regulation is a non-ministerial government department responsible for regulating the electricity, gas, water and sewerage industries in Northern Ireland. In doing so, we promote short and long-term interests of energy and water consumers. We are accountable to the Northern Ireland Assembly through financial and annual reporting obligations. The purpose of this Contract is to secure the provision of internal audit services defined as "an independent, objective assurance and consulting activity." This is in accordance with the responsibilities, standards and ethics laid down by the Public Sector Internal Audit Standards (PSIAS). Please see ID 5114709 Specification document for further information.

Options: There are 2 optional extension periods of up to 1 year each.

Renewal: This contract is an ongoing requirement for the Utility Regulator and may be subject to renewal after the current contract expires.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-044e6a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/017417-2024
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

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

79200000 - Accounting, auditing and fiscal services

79212000 - Auditing services

79212200 - Internal audit services

Notice Value(s)

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

Notice Dates

Publication Date
5 Jun 20242 years ago
Submission Deadline
1 May 2024Expired
Future Notice Date
Not specified
Award Date
24 May 20242 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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Utility Regulator
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
BT1 6ED
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
Central
Westminster Constituency
Belfast South and Mid Down

Supplier Information

Number of Suppliers
1
Supplier Name

SCC Chartered Accountants

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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