Internal Audit Services

Contract Timeline

Publication Date

28th April 2025 16:10:55 PM

Tender Deadline

2nd June 2025 11:00:00 AM   Expired

Contract Summary

Internal Audit is an independent appraisal function within the University providing a service to management and is responsible to the Board of Governors and Audit & Risk Committee. The key role of internal audit is to provide assurance to the Governing Body as to the adequacy of the systems of internal control (including those arrangements for achieving economy, efficiency and effectiveness). The Audit & Risk Committee is responsible for reporting annually to the Board of Governors about the adequacy of the systems of internal control in place across the University. To help it arriving at an opinion on this it may rely on an internal audit service, who will report to it. For day-to-day issues, the Audit & Risk Committee delegates the co-ordination, direction and control of the audit to the Executive Director of Finance, Audit & Risk. The Internal Auditors appointed will have direct access as necessary, to the Executive Director of Finance, Audit & Risk, the Vice Chancellor and to the Chair of the Audit & Risk Committee. The scope of internal audit work extends to all of the University’s activities. For each meeting of the Audit & Risk Committee (normally 3 per year) reports detailing the results of internal audit reviews undertaken must be presented. These need to be finalised and received by the University two weeks in advance of each meeting of the Audit & Risk Committee. In addition an annual report will be required summarising the work undertaken and providing an opinion to the Audit & Risk Committee as to the adequacy of the overall system of internal control. The successful firm may be asked to carry out special internal audit reviews requested by the Corporation, Audit & Risk Committee, Vice Chancellor or the Executive Director of Finance, Audit & Risk, providing such reviews do not compromise their objectivity or independence.

Contract Details

Open Contracting ID

ocds-h6vhtk-0508b4

Publication Source

Find a Tender Service

Procurement Stage

Tender

Procurement Method

Open

Procurement Method Details

Below Threshold - Open Competition

Procurement Category

Services

Tender Suitability

Framework / DPS

Contract Classification

CPV Code(s)

CPV Division(s)

Awarding Authority

FALMOUTH EXETER PLUS

Buyer Name

Chris Jones

Buyer Email

c.jones@fxplus.ac.uk

Buyer Phone

+44 1326253504

Buyer Address

Penryn Campus

Penryn, Cornwall

TR10 9FE

United Kingdom