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Internal Audit Services

Key Housing Association

This public procurement record has 2 releases in its history.

Award

09 Sep 2026 at 01:00

PCS Notice - Website Contract Award Notice
Tender

26 Apr 2023 at 01:00

PCS Notice - Website Contract Notice
Summary of the contracting process

Key Housing Association procured internal audit services for itself and its subsidiary, Community Lifestyles. The work covers audit provision for a housing landlord and support providers operating across Scotland, including review of the wider group’s internal audit strategy and support for its Audit Committee. Key manages housing and support activities across multiple local authority areas, while Community Lifestyles provides support services in Glasgow. The service is delivered for the organisations’ operations, with the stated delivery address at Key Housing Association, The Square, 70 Renton Street, Glasgow. This is a professional services requirement, classified under CPV 79212000 for financial auditing services, with an additional classification for systems auditing services. The requirement concerns internal audit rather than external statutory audit, and involves agreeing performance indicators before the contract is finalised.

The procurement is complete and the contract was awarded through an open procedure. One lot covered the full internal audit requirement. The estimated procurement value was £150,000, while the contract awarded to TIAA Ltd was valued at £45,000. The award date was 17 May 2023 and the contract was signed on 22 June 2023; the contract is active. The initial contract period is 1,080 days, described as 36 months, with an option for two separate one-year extensions based on performance. Two bids were received, both from small and medium-sized enterprises, and both were submitted electronically. Evaluation required the lead supplier and sub-suppliers to provide company numbers and evidence of registered auditor accreditation or an equivalent. Execution was reserved to a particular profession, staff names and qualifications were required, and variants were not allowed.

This requirement suits audit firms able to provide internal audit across housing, care and community-support organisations, rather than firms focused only on a single commercial entity. A credible future supplier would need registered auditor accreditation or an equivalent recognised qualification, and the ability to evidence company details for both the main provider and any sub-suppliers. The work calls for suitably qualified named staff, professional delivery across a geographically dispersed Scottish operation, and experience working with boards, directors and an audit committee. Suppliers should also be able to audit a group structure involving a housing association and a subsidiary support provider, manage electronic service and ordering arrangements, and agree measurable performance indicators with the client. The completed competition demonstrates demand from a sizeable, multi-service public-interest organisation and a route that attracted SME bidders.

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Notice Information

Notice Title

Internal Audit Services

Notice Description

Key HA are seeking bidder to supply Internal Audit Service to Key Housing Association and to our subsidiary company, Community Lifestyles.

Lot Information

Lot 1

Audit Services for Key HA who is a landlord with 713 housing units and a support provider providing support to approximately 1,555 individuals. Key operates across 15 local authority areas and had a turnover for the year ended 31 March 2021 of 48M. Key employs circa 100 staff in our head office in Glasgow and an additional 2,200 employees throughout our support services in Scotland. Key also has a subsidiary company, Community Lifestyles which is also a support provider supporting an additional 467 individuals in the Glasgow Area. Community lifestyles has a turnover of 13M. Community Lifestyles employs circa 500 service based staff with head office functions including senior operational management provided by Key staff. Key's board and Community Lifestyles Directors are responsible for the overall internal audit strategy of the Group and Key has a dedicated Audit Committee which takes an overview of both internal and external audit provision.

Renewal: 36 month contract with the option for 2 x single years extensions based on performance.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000730483
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP564119
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

79212000 - Auditing services

79212200 - Internal audit services

Notice Value(s)

Tender Value
£150,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£45,000 Under £100K

Notice Dates

Publication Date
9 Sep 20261 months ago
Submission Deadline
17 May 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
As per ITT

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Key Housing Association
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GLASGOW
Postcode
G4 0HT
Postcode Area
Glasgow
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM82 Glasgow City
Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North

Supplier Information

Number of Suppliers
1
Supplier Name

TIAA Ltd

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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