Award

Provision of Internal Audit Services

HANOVER (SCOTLAND) HOUSING ASSOCIATION

This public procurement record has 3 releases in its history.

Summary of the contracting process

The Hanover (Scotland) Housing Association is seeking to procure Internal Audit Services through an open tender process. This initiative falls under the housing and community amenities sector and is located in Edinburgh, UK. The procurement process is currently complete, with the contract having been awarded on 25 February 2019 to TIAA Ltd for a total value of £46,440. Interested parties should note that the award notice contains detailed descriptions of the services required, and potential suppliers can access the full documentation via the provided award notice link.

This tender presents a significant opportunity for businesses that specialise in audit and accountancy services, particularly small to medium-sized enterprises (SMEs) with relevant certifications, such as UKAS accreditation. Firms capable of demonstrating robust internal control systems and a strong track record in delivering similar auditing services to public sector entities or registered social landlords in Scotland would particularly excel in this competitive environment. Additionally, as this contract spans multiple years, the successful bidder may anticipate further engagements in the future, enhancing their business growth prospects.

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Notice Title

Provision of Internal Audit Services

Notice Description

The internal audit service provider will be responsible for providing an objective, independent appraisal of all of Hanover's activities, financial and otherwise. They will have a role in advising and reporting to management, the chief executive and the Board providing them with assurance on the arrangements for risk management, control and governance.

Lot Information

Lot 1

The scope of internal audit work should cover all operational and management controls and should provide an opinion on the whole system. Any audit should also examine the arrangements by which policy decisions are made, monitored and reviewed and any related risks identified. The internal auditor will be required to give an annual opinion to the Board on the adequacy and effectiveness of the arrangements for risk management, control and governance and for economy, efficiency and effectiveness (value for money) within HSHA, and the extent to which these arrangements can be relied upon.

Renewal: The initial 3 year contract may be extended for a further 2 years.

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000555050
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB346431
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79212200 - Internal audit services

Notice Value(s)

Tender Value
£125,000 £100K-£500K
Lots Value
£125,000 £100K-£500K
Awards Value
Not specified
Contracts Value
£46,440 Under £100K

Notice Dates

Publication Date
26 Feb 20196 years ago
Submission Deadline
31 Oct 2018Expired
Future Notice Date
Not specified
Award Date
25 Feb 20197 years ago
Contract Period
Not specified - Not specified
Recurrence
Contract is for 3 years with option to extend a further 2 years so a notice may be published in Nov 2021 or in Nov 2023 if the contract is extended for the further 2 years.

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Unsuccessful
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
HANOVER (SCOTLAND) HOUSING ASSOCIATION
Contact Name
Karen Jamieson
Contact Email
kjamieson@hanover.scot
Contact Phone
+44 1315570598

Buyer Location

Locality
EDINBURGH
Postcode
EH7 4NS
Post Town
Edinburgh
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM1 East Central Scotland
Small Region (ITL 3)
TLM13 City of Edinburgh
Delivery Location
TLM Scotland

Local Authority
City of Edinburgh
Electoral Ward
Leith Walk
Westminster Constituency
Edinburgh North and Leith

Supplier Information

Number of Suppliers
1
Supplier Name

TIAA

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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