This public procurement record has 2 releases in its history.

Summary of the contracting process

The Scottish Borders Housing Association Ltd has recently awarded a contract for Internal Audit Services following an open procedure procurement method. The contract, with a budget of £69,240 GBP, has been granted to TIAA Ltd and will commence in June 2026. The procurement process, which is part of the Housing and community amenities industry category, took place in Selkirk, UKM91 region. The award and contract completion stages have been finalized as of 7th July 2026, with the contract already being active. The buyer, Scottish Borders Housing Association Ltd, located at South Bridge House, Whinfield Road, Selkirk, has mandated this service in compliance with several regulatory bodies, including the Scottish Housing Regulator and the Institute of Internal Auditors UK.

This contract presents significant opportunities for businesses specialising in auditing services, particularly those experienced with internal audits for housing associations and registered social landlords. Companies offering comprehensive audit services that can address the complex operational and strategic risks faced by housing associations are particularly well-suited to pursue similar tenders. With a substantial term and the possibility of extensions based on performance, businesses have the potential to establish long-term relationships, thus enhancing their engagement and credibility within the sector.

How relevant is this notice?

Notice Information

Notice Title

Internal Audit Services

Notice Description

SBHA's principal requirement is the provision of an Internal Audit service to SBHA and its subsidiary company, SBHA Plus, as required by the Scottish Housing Regulator, Institute of Internal Auditors UK and other regulatory bodies. The internal audit work will be relevant in scope and complexity to that of its operations and strategic risks.

Lot Information

Lot 1

SBHA's principal requirement is the provision of an Internal Audit service to SBHA and its subsidiary company, SBHA Plus, as required by the Scottish Housing Regulator, Institute of Internal Auditors UK and other regulatory bodies. The internal audit work will be relevant in scope and complexity to that of its operations and strategic risks. It is expected that service provision will commence in June 2026. The contract will have an initial term of 3 years, with a further 2 x 1 year extension, at the sole discretion of SBHA and subject to satisfactory performance. The tender should be based on internal audit services of 25 days per annum, an audit needs assessment at the beginning of the contract and including attendance of at least 3 committee meetings per annum.

Options: SBHA may require adhoc audits or support for internal investigations from time to time.

Renewal: 2 x 12 months at discretion of SBHA, based on satisfactory performance (assumed in the duration period and est contract value above)

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000827986
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUL559645
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

Notice Value(s)

Tender Value
£51,302 Under £100K
Lots Value
£51,302 Under £100K
Awards Value
Not specified
Contracts Value
£69,240 Under £100K

Notice Dates

Publication Date
7 Jul 20263 months ago
Submission Deadline
30 Apr 2026Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
25 Jun 2026 - 24 Jun 2031 Over 5 years
Recurrence
June 2036

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Scottish Borders 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
SELKIRK
Postcode
TD7 5DT
Postcode Area
Galashiels
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM9 Southern Scotland
Small Region (ITL 3)
TLM91 Scottish Borders
Delivery Location
TLM91 Scottish Borders

Local Authority
Scottish Borders
Electoral Ward
Selkirkshire
Westminster Constituency
Berwickshire, Roxburgh and Selkirk

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

JSON Markdown

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.

Loading OCDS record...