Award

Internal Audit Co-Source agreement

UNIVERSITY OF EDINBURGH

This public procurement record has 1 release in its history.

Summary of the contracting process

The University of Edinburgh has completed a procurement process titled "Internal Audit Co-Source agreement," aimed at establishing a co-source arrangement for its Internal Audit function. This tender falls under the services category in the education and medical research sector and was conducted in Edinburgh, UK. The procurement method utilised was the open procedure. The contract, valued at £749,000, was signed on 31 January 2019, marking the successful conclusion of this tendering stage.

This tender presents significant opportunities for businesses looking to expand in the education and audit sectors, particularly those that can offer expertise in internal audit services. Firms with capabilities in providing senior audit leadership and supplementary resource and specialist skills would be especially well-suited to compete for similar contracts in the future. Opportunities may also exist for smaller businesses to collaborate with larger firms to enhance their service offerings in this area.

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Notice Title

Internal Audit Co-Source agreement

Notice Description

We are establishing an Internal Audit co-source arrangement with an external provider who will provide the senior leadership of the current Internal Audit function for three days per week. The external provider will also provide supplementary resource and specialist skills to support delivery of the service

Lot Information

Lot 1

We are establishing an Internal Audit co-source arrangement with an external provider who will provide the senior leadership of the current Internal Audit function for three days per week. The external provider will also provide supplementary resource and specialist skills to support delivery of the service The external provider will provide the Head of Internal Audit who provide senior leadership and line manage the current Internal Audit team members and be accountable for scheduling, planning and delivery of the annual Internal Audit Plan and client engagement.

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000576654
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR347599
Current Stage
Award
All Stages
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

79212200 - Internal audit services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£749,000 £500K-£1M

Notice Dates

Publication Date
7 Mar 20196 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
31 Jan 20197 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF EDINBURGH
Contact Name
Not specified
Contact Email
sharon.green@ed.ac.uk
Contact Phone
+44 1316502508

Buyer Location

Locality
EDINBURGH
Postcode
EH1 1HT
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
TLM75 City of Edinburgh

Local Authority
City of Edinburgh
Electoral Ward
City Centre
Westminster Constituency
Edinburgh East and Musselburgh

Supplier Information

Number of Suppliers
1
Supplier Name

KPMG

Further Information

Notice Documents

  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR347599
    Internal Audit Co-Source agreement - We are establishing an Internal Audit co-source arrangement with an external provider who will provide the senior leadership of the current Internal Audit function for three days per week. The external provider will also provide supplementary resource and specialist skills to support delivery of the service

Open Contracting Data Standard (OCDS)

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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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