Award

Provision of Internal Audit

CALEDONIAN MARITIME ASSETS LTD (UTILITY)

This public procurement record has 1 release in its history.

Summary of the contracting process

Caledonian Maritime Assets Ltd (Utility), based in Port Glasgow, has completed the procurement process for the "Provision of Internal Audit." This contract falls under the Transport industry category and is classified under CPV code 66000000. The procurement was conducted using an open procedure, seeking independent assurance that risk management, governance, and internal control processes are effective. The award was made on 11 October 2024, and the location for service delivery is the head office in Port Glasgow, UKM83. The contract is valued at £90,000 and is set to engage the awarded supplier for up to 30 audit days per year, though this may vary annually.

This tender presents significant business growth opportunities, particularly for large firms with expertise in internal auditing. Companies specialising in risk management and governance would find this contract highly suitable. The awarded contract to MHA (Trading name for MacIntyre Hudson LLP), a large firm based in London, indicates the competitive nature of the tender, primarily attracting large-scale enterprises capable of providing comprehensive auditing services proportionate to the size of the contracting authority. Businesses keen on expanding their portfolio in the public sector within the UK should consider similar opportunities to establish a foothold in high-value contracts.

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Notice Title

Provision of Internal Audit

Notice Description

CMAL wish to appoint a sole supplier to provide an internal auditor for independent assurance that risk management, governance and internal control processes are operating effectively.

Lot Information

Lot 1

CMAL is a small organisation with approximately 60 professional staff, all based at our offices in Port Glasgow. The audit service provided should be proportionate to the size and scale of the organisation and we anticipate up to 30 audit days per year, however this number is not guaranteed and may fluctuate from year to year.

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000780422
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT516088
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

66 - Financial and insurance services

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


CPV Codes

66000000 - Financial and insurance services

79212200 - Internal audit services

Notice Value(s)

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

Notice Dates

Publication Date
11 Oct 20241 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
11 Oct 20241 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
CALEDONIAN MARITIME ASSETS LTD (UTILITY)
Contact Name
Denise Kyle
Contact Email
procurement@cmassets.co.uk
Contact Phone
Not specified

Buyer Location

Locality
PORT GLASGOW
Postcode
PA14 5EQ
Post Town
Paisley
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM33 Inverclyde, East Renfrewshire, and Renfrewshire
Delivery Location
TLM83 Inverclyde, East Renfrewshire, and Renfrewshire

Local Authority
Inverclyde
Electoral Ward
Inverclyde East Central
Westminster Constituency
Inverclyde and Renfrewshire West

Supplier Information

Number of Suppliers
1
Supplier Name

MHA (TRADING NAME FOR MACINTYRE HUDSON

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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