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Internal Audit Services

Highlands and Islands Airports Limited

This public procurement record has 2 releases in its history.

Award

08 Dec 2017 at 00:00

PCS Notice - Website Contract Award Notice
Tender

04 Sep 2017 at 01:00

PCS Notice - Website Contract Notice
Summary of the contracting process

The procurement process for Internal Audit Services, initiated by Highlands and Islands Airports Limited, is currently at the Award stage, following an open tendering process. The contract is located at Inverness Airport, Scotland, and has a total value of £90,000. The contract was signed on 28th November 2017, and the successful supplier for this contract is Wylie & Bisset LLP. The initial tender submission period has recently concluded, with key documents available for review online.

This tender provides significant opportunities for firms specialising in internal audit services, particularly those capable of delivering comprehensive audit and compliance solutions for aviation-related organisations. Businesses that possess relevant qualifications, particularly from the Chartered Institute of Internal Auditors, and have a proven track record in similar public sector audits will be well-positioned to compete in future procurements. The long-term nature of the service may also favour companies looking for stable contracts with potential renewal options.

How relevant is this notice?

Notice Information

Notice Title

Internal Audit Services

Notice Description

Service Provider for the provision of Internal Audit Services.

Lot Information

Lot 1

HIAL is seeking to procure professional services for the provision of Internal Auditing services. The successful organisation will be required to: a) Provide an annual objective, independent appraisal of HIAL's activities, financial and otherwise, covering the whole organisation including the governing body and all levels of management. b) Prepare and present an objective and unbiased audit opinion, on an annual basis, on the adequacy of controls in place necessary to secure propriety and the effectiveness of the arrangements for risk management, control and governance, and for the economy, efficiency and effectiveness (value for money) within HIAL. c) Prepare and present a risk based annual Audit Plan which outlines the programme of work, based on a strategy authorised by the Audit & Risk Committee. The Plan will evaluate the arrangements HIAL has in place to: o Establish, monitor and benchmark the achievement of organisational objectives; o Identify, assess and manage risks to the achievement of those objectives. o Assess compliance with policies, law, regulation and SPFM requirements; o Ascertain the integrity and reliability of financial and other information provided to the management and stakeholders, including that used in decision making; o Ascertain that appropriate and proportionate systems of control are in place and operated to promote the economic, efficient and effective use of resources and to safeguard assets. d) Support HIAL in the process of continuous improvement for its staff and customers; achieving outcomes such as improved operational processes, sound and robust internal procedures, staff resource savings, cost savings, increased productivity, increased income, increased performance, etc. e) Provide special reviews as requested by the company's Audit & Risk Committee. f) Provide advice on the adherence to SPFM requirements, Accounting Standards, Financial Reporting Standards and Audit Standards as they apply to the HIAL Group. g) Provide advice on statutory regulation as required by HIAL Group. h) Liaison as required with the HIAL Group appointed External Auditors.. Economic operators may be excluded from this competition if they are in any of the situations referred to in regulation 8 and 9 of the Procurement (Scotland) Regulations 2016.

Renewal: The Contract is anticipated to run for an initial period of three years, with provision to extend annually by a further two years if mutually agreed and depending on performance.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000510537
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=DEC303602
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
PCS Notice - Website Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

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

79212300 - Statutory audit services

Notice Value(s)

Tender Value
£150,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£90,000 Under £100K

Notice Dates

Publication Date
8 Dec 20178 years ago
Submission Deadline
29 Sep 2017Expired
Future Notice Date
Not specified
Award Date
28 Nov 20178 years ago
Contract Period
Not specified - Not specified
Recurrence
Approx. 2021

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Highlands and Islands Airports Limited
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
INVERNESS
Postcode
IV2 7JB
Postcode Area
Inverness
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM2 Highlands and Islands
Small Region (ITL 3)
TLM20 Highlands and Islands
Delivery Location
TLM6 Highlands and Islands
Local Authority
Highland
Electoral Ward
Culloden and Ardersier
Westminster Constituency
Moray West, Nairn and Strathspey

Supplier Information

Number of Suppliers
1
Supplier Name

Wylie & Bisset LLP

Further Information

Notice Documents

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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