Notice Information
Notice Title
Internal Audit Tender
Notice Description
Albyn Housing Society Limited is seeking to procure the services of a suitably qualified and experienced Internal Audit services provider to deliver a risk based Internal Audit for an initial period of three year commencing 01 January 2026. Full details of the requirements can be found in the Internal Audit Services Specification document attached to this notice.
Lot Information
Lot 1
This procurement is for a three year appointment of an Internal Audit Services provider to Albyn Housing Society Limited, a registered social landlord. The role of internal audit is to provide management with an objective assessment of whether systems and controls (financial and non-financial) are working properly. It is a key part of the Society's internal control system because it measures and evaluates the adequacy and effectiveness of other controls in order that: a) the Board and Leadership team can know the extent to which they may rely on the whole control system; and b) individual managers can know the reliability or otherwise of the systems and controls for which they are responsible. The responsibility for ensuring that appropriate and adequate arrangements are established for internal control rests with management of The Society. The internal auditor will be responsible for conducting an independent appraisal and giving assurance to the Audit & Risk Management Committee on internal control arrangements. It is for management to determine whether to accept and implement recommendations made by the internal auditor or, alternatively, for recognising and accepting the risks resulting from not taking action. The work of the internal audit service shall embrace the whole internal control system of The Society and its subsidiaries including all its activities, funded from whatever source. The internal audit service will consider the adequacy of systems and controls necessary to secure propriety, economy, efficiency and effectiveness in all areas. It will seek to confirm that management have taken the necessary steps to achieve these objectives. The internal auditor will be expected to carry out a rolling programme of internal audit work so that all main aspects of our operations are assessed at least once during the initial three years. Our current internal audit service consists of 37 days per annum which typically include the following: - Six assurance audits; - One key Financials Audit; - Follow up on implementation of previous audit points; - Audit Needs Assessment and preparation of annual plan, completed for Audit & Risk Management Committee to approve for the forthcoming year; - Annual Report; and - Audit Contract Management. It is on the above basis that bidders should tender. The internal audit service may also conduct any special reviews requested by the Board or Leadership Team provided such reviews do not compromise their objective independence or the achievement of their plan to audit the internal control system. These will be in addition to the annual programme of work. The Society has responsibility for the prevention, detection and investigation of irregularities, including fraud and corruption. The internal auditor should make arrangements to be informed, as soon as possible, of all suspected or discovered fraud. The internal auditor should consider any implications in relation to the internal control system and recommend to management the action it should take to strengthen systems and controls. Where the internal auditor becomes aware of fraud or irregularity the Executive Director of Group Services or Chair of the Audit & Risk Management Committee should be informed in order to agree on the further action to be taken. The internal auditor will be responsible for providing relevant, reliable and sufficient evidence of the adequacy and effectiveness of internal control arrangements and making recommendations for improvements to current practice. The internal auditor will be expected to attend Audit & Risk Management Committee meetings where internal audit issues are being discussed. There are usually four Audit & Risk Management Committee meetings a year. Attendance can be via MS Teams or similar medium with prior agreement. The Society is seeking a provider that is fully familiar with the operating experience and regulatory issues faced by Scottish RSLs.
Renewal: Additional two years of service provision subject to agreement
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-r6ebe6-0000803760
- Publication Source
- Public Contracts Scotland
- Latest Notice
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB548607
- 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
79212100 - Financial auditing services
79212200 - Internal audit services
79212300 - Statutory audit services
Notice Value(s)
- Tender Value
- £75,000 Under £100K
- Lots Value
- £75,000 Under £100K
- Awards Value
- Not specified
- Contracts Value
- £19,980 Under £100K
Notice Dates
- Publication Date
- 3 Feb 20262 weeks ago
- Submission Deadline
- 7 Aug 2025Expired
- Future Notice Date
- Not specified
- Award Date
- 28 Aug 20255 months ago
- Contract Period
- 1 Jan 2026 - 31 Mar 2029 3-4 years
- Recurrence
- Not specified
Notice Status
- Tender Status
- Complete
- Lots Status
- Complete
- Awards Status
- Not Specified
- Contracts Status
- Active
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- ALBYN HOUSING SOCIETY LIMITED
- Contact Name
- Andrew Martin, William Blandford
- Contact Email
- andrew.martin@albynhousing.org.uk, william.blandford@albynhousing.org.uk
- Contact Phone
- +44 01349855966
Buyer Location
- Locality
- ROSS-SHIRE
- Postcode
- IV18 0DL
- Post Town
- 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
- Cromarty Firth
- Westminster Constituency
- Caithness, Sutherland and Easter Ross
Further Information
Notice Documents
-
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL534218&idx=6
11th July 2025 - This document sets out the current strategic risk register for the Society in 2025/26 -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL534218&idx=1
8th July 2025 - Internal Audit Services Tender - 2026/27 -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL534218&idx=2
8th July 2025 - Method Statement - Provider Response Schedule -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL534218&idx=3
8th July 2025 - Annual Report -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL534218&idx=4
8th July 2025 - Financial Statements -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL534218&idx=5
8th July 2025 - Organisation Chart -
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUL534218
Internal Audit Tender - Albyn Housing Society Limited is seeking to procure the services of a suitably qualified and experienced Internal Audit services provider to deliver a risk based Internal Audit for an initial period of three year commencing 01 January 2026. Full details of the requirements can be found in the Internal Audit Services Specification document attached to this notice. -
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB548607
Internal Audit Tender - Albyn Housing Society Limited is seeking to procure the services of a suitably qualified and experienced Internal Audit services provider to deliver a risk based Internal Audit for an initial period of three year commencing 01 January 2026. Full details of the requirements can be found in the Internal Audit Services Specification document attached to this notice.
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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