Notice Information
Notice Title
Audit Services
Notice Description
In accordance with best procurement practice, EU and UK Procurement Directives and Regulations, Police Digital Service (Company) is seeking to establish a contract through the Open Procedure (as defined in the Public Contracts Regulations 2015 (Regulation 27)), for the provision of Audit Services. The offering will be split into two (2) lots within the Invitation to Tender (ITT), the first being External Audit Services and the second being Internal Audit Services. Suppliers are required to bid on ONE lot only. The Company intends to award the Contract Agreement based on the most economically advantageous tender (MEAT). The Company will not be bound to accept the lowest price of any Tender submitted, but will be evaluating Tenders on the quality and price criteria set forth in this Invitation to Tender (ITT).
Lot Information
External Audit Services
External audits play a crucial role in promoting good corporate governance practices by providing independent oversight of companies' financial reporting processes to ensure financial statements, including balance sheet, and cash flow statements are accurate. This helps ensure transparency, accountability, and integrity in corporate operations. Auditors also ensure that financial statements adhere to accounting standards such as Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS).
Options: The contract will commence upon signature and will continue for an initial period of 36 months (Contract Initial Period) with the option to extend a further period of 12 months (Contract Extension Period), unless terminated in accordance with the Conditions of the Contract. Where the Company decided to activate the Contract Extension Period, it will give the Suppliers at least three (3) months' notice in writing before the end of the Contract Initial Period (and/or before the end of the first Contract Extension Period).
Internal Audit ServicesCIPFA's Code of Practice for Internal Audit in Local Government in the United Kingdom describes Internal Audit as an assurance function that primarily provides an independent and objective opinion to the organisation on the control environment comprising risk management, control, and governance by evaluating its effectiveness in achieving an organisation's objectives.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-04795d
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/008495-2025
- Current Stage
- Award
- All Stages
- Planning, Tender, Award
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
- SME
Common Procurement Vocabulary (CPV)
- CPV Divisions
79 - Business services: law, marketing, consulting, recruitment, printing and security
-
- CPV Codes
79212000 - Auditing services
Notice Value(s)
- Tender Value
- £360,000 £100K-£500K
- Lots Value
- £480,000 £100K-£500K
- Awards Value
- Not specified
- Contracts Value
- £140,400 £100K-£500K
Notice Dates
- Publication Date
- 10 Mar 202511 months ago
- Submission Deadline
- 7 Oct 2024Expired
- Future Notice Date
- 20 Aug 2024Expired
- Award Date
- 7 Mar 202511 months ago
- Contract Period
- 12 Mar 2025 - 11 Mar 2028 3-4 years
- Recurrence
- Not specified
Notice Status
- Tender Status
- Complete
- Lots Status
- Cancelled
- Awards Status
- Active, Unsuccessful
- Contracts Status
- Active
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- POLICE DIGITAL SERVICE
- Contact Name
- Nia Harvey
- Contact Email
- nia.harvey@pds.police.uk
- Contact Phone
- +44 123456789
Buyer Location
- Locality
- LONDON
- Postcode
- EC2V 7JE
- Post Town
- Central London
- Country
- England
-
- Major Region (ITL 1)
- TLI London
- Basic Region (ITL 2)
- TLI3 Inner London - West
- Small Region (ITL 3)
- TLI35 Westminster and City of London
- Delivery Location
- Not specified
-
- Local Authority
- City of London
- Electoral Ward
- Cheap
- Westminster Constituency
- Cities of London and Westminster
Further Information
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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