---
title: "Internal Audit Services"
ocid: "ocds-b5fd17-09011f5e-1baf-4a01-a581-03784d290cae"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-09011f5e-1baf-4a01-a581-03784d290cae"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-09011f5e-1baf-4a01-a581-03784d290cae.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-09011f5e-1baf-4a01-a581-03784d290cae.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "WATER SERVICES REGULATION AUTHORITY"
published: "2018-06-27"
---

# Internal Audit Services

Buyer: WATER SERVICES REGULATION AUTHORITY  
Current stage: Award  
OCID: ocds-b5fd17-09011f5e-1baf-4a01-a581-03784d290cae

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## Summary

The Water Services Regulation Authority (Ofwat) is currently engaged in a procurement process for Internal Audit Services, aimed at five regulatory bodies including the Office of Rail and Road (ORR) and the Equality and Human Rights Commission. This selective tendering process, which is part of a call-off from a framework agreement, marked its initiation on 12 February 2018 and is set to conclude by 31 May 2021. The tender period ended on 15 September 2017, and the services will primarily be delivered in the regions of West Midlands and London, with a total of approximately 70 audit days expected to be utilised each year.

This tender presents significant opportunities for businesses specialising in internal audit and financial advisory services. Companies that have experience with public sector contracts, particularly those that can provide independent assessments and recommendations, would find this tender well-suited to their capabilities. The procurement also invites SMEs to participate, potentially allowing smaller firms to compete alongside larger bidders like Mazars LLP, who are already in the supply landscape. The inclusion of ad-hoc services, such as governance advice and fraud investigations, further broadens the scope for business engagement.

## Notice

On behalf of the 'Client Group' (Water Services Regulation Authority (Ofwat), Office of Rail and Road (ORR), Professional Standards Authority, Equality and Human Rights Commission and Office of Qualifications and Examinations Regulation (Ofqual)), ORR led the procurement of Internal Audit Services. The Contract is underpinned by Ofwat's Statement of Requirements dated 16 August 2017 and the Supplier's tender dated 15 September 2017. Services Required Internal Audit Services The Customer's statutory accounts are audited by the National Audit Office (NAO), who fulfils the role of external auditor. It is essential that the Internal Auditor (IA) liaises and works effectively with the NAO to ensure internal audits are completed to a high standard and meet the NAO's assurance requirements for the external audit. Objective The IA provider must provide an independent assurance service for management by measuring and evaluating the adequacy, reliability and effectiveness of management and financial control systems. The IA will be required to make recommendations based on the appraisal of each system reviewed and to provide an annual assurance report to the Accounting Officer (AO) and Audit and Risk Assurance Committee (ARAC). Scope and Key Tasks The Customer anticipates that circa 70 audit days will be used in each financial year. The Customer will agree actual days required at the commencement of each audit or request for audit advice. The IA Plan will be agreed each year either just before or after the beginning of the financial year and after taking advice from ARAC. The IA will detail the audits expected to be required during the financial year. In addition the following services are required: 1. Audit Advice - On-going throughout the Contract Provide advice on audit and control related matters to the AO, managers and system owners on request. 2. Ad-hoc Service Provision The Supplier may be required to carry out ad hoc work from time to time, such as: * value for money reviews; * governance advice; * fraud investigations; * special investigations; or * reviews of areas of high regulatory risk. The above list is not exhaustive. Such work should only be undertaken with the approval of the Finance Director and General Counsel.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/caf1237c-31a6-426a-9973-4d671f5653c9 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 27 Jun 2018 |
| Submission deadline | 15 Sep 2017 |
| Future notice date | Not specified |
| Award date | 8 Feb 2018 |
| Contract period | 12 Feb 2018 - 31 May 2021 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | WATER SERVICES REGULATION AUTHORITY |
| Locality | BIRMINGHAM |
| Post town | Birmingham |
| Postcode | B5 4UA |
| Country | England |
| ITL 1 | TLG West Midlands (England) |
| ITL 2 | TLG3 West Midlands |
| ITL 3 | TLG31 Birmingham |
| Local authority | Birmingham |
| Electoral ward | Ladywood |
| Westminster constituency | Birmingham Ladywood |
| Delivery location | TLG West Midlands (England), TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | MAZARS |

## CPV Codes

### Divisions

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

### Codes

- 79212200 - Internal audit services

## Release History

- 27 Jun 2018 at 13:26 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/caf1237c-31a6-426a-9973-4d671f5653c9
- 25 Jun 2018 at 13:05 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/caf1237c-31a6-426a-9973-4d671f5653c9

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/caf1237c-31a6-426a-9973-4d671f5653c9
  27th June 2018 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/cf153cfb-86e5-44ac-b4b4-a4b48e8cc573
  Contract

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-09011f5e-1baf-4a01-a581-03784d290cae. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-09011f5e-1baf-4a01-a581-03784d290cae.json.