Award

Provision of Internal Audit Services

SOCIAL CARE WALES

This public procurement record has 1 release in its history.

Award

07 Jun 2022 at 12:29

S2W Notice - Website Contract Award Notice
Summary of the contracting process

The procurement process is being conducted by Social Care Wales for the provision of internal audit services, with the procurement now in the Award stage. The contract was signed on 22nd December 2021, and it is actively managed in Cardiff, Wales. This procurement falls under the services industry category and includes essential auditing services aimed at ensuring compliance with public sector internal audit standards and improving governance, risk management, and control processes. Key contacts within the organisation can be reached via the Procurement Team, available at +44 3003033444 or through their website.

This tender presents significant growth opportunities for businesses specialising in accounting and auditing services, particularly those experienced in public sector contracts. Companies equipped to demonstrate a systematic and disciplined approach to auditing, effective risk management, and strong governance practices would be ideally positioned to compete. Suppliers should prepare to provide assurance to management and the Audit and Risk Committee regarding the efficiency and effectiveness of their offerings, aligning their proposals with the required standards and expectations outlined in the tender documentation.

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Notice Information

Notice Title

Provision of Internal Audit Services

Notice Description

The contract provides an internal audit service, and ensures the service is carried out in accordance with Public Sector Internal Audit Standards and the Core Principles for the Professional Practice of Internal Auditing.The purpose of the Internal Audit is to provide the Accounting Officer with an independent, objective evaluation of, and opinion on, the overall adequacy and effectiveness of the organisation's framework of governance, risk management and control.The audit provides 3rd level assurance to assist Social Care Wales to accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.The supplier is responsible for providing assurance to Social Care Wales' Audit and Risk Committee and reporting to management on the adequacy and effectiveness of: -- Governance, risk management and control; and Social Care Wales' economy, efficiency, and effectiveness (value for money arrangements).

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-kuma6s-114415
Publication Source
Sell2Wales
Latest Notice
https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=114415
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
S2W Notice - Website Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
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

79200000 - Accounting, auditing and fiscal services

79210000 - Accounting and auditing services

79212000 - Auditing services

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
7 Jun 20223 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
22 Dec 20214 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
SOCIAL CARE WALES
Contact Name
Procurement Team
Contact Email
Not specified
Contact Phone
+44 3003033444

Buyer Location

Locality
CARDIFF
Postcode
CF10 1EW
Post Town
Cardiff
Country
Wales
Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL52 Cardiff and Vale of Glamorgan
Delivery Location
Not specified
Local Authority
Cardiff
Electoral Ward
Cathays
Westminster Constituency
Cardiff South and Penarth

Supplier Information

Number of Suppliers
1
Supplier Name

TIAA

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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