--- title: "Co-Sourced Internal Audit Services" ocid: "ocds-b5fd17-1af07297-1151-404f-86e7-6b0c278fa231" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-1af07297-1151-404f-86e7-6b0c278fa231" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-1af07297-1151-404f-86e7-6b0c278fa231.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-1af07297-1151-404f-86e7-6b0c278fa231.json" source: "Contracts Finder" current_stage: "Tender" buyer: "DURHAM UNIVERSITY" published: "2021-04-15" --- # Co-Sourced Internal Audit Services Buyer: DURHAM UNIVERSITY Current stage: Tender OCID: ocds-b5fd17-1af07297-1151-404f-86e7-6b0c278fa231 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-1af07297-1151-404f-86e7-6b0c278fa231) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-1af07297-1151-404f-86e7-6b0c278fa231.json) ## Summary Durham University is seeking to establish a contract for Co-Sourced Internal Audit Services through an open procurement process, with a total contract value of £210,000. The procurement initiative is currently in the tender stage, having been published on 15 April 2021, and is open for responses until 17 May 2021. The contract is expected to commence on 1 August 2021 and last until 31 July 2024. This opportunity falls within the internal audit services category and is located in Durham, England (postal code DH1 3LE). Interested parties can express their interest via the provided link to the tender notice. This tender represents a significant opportunity for professional services firms specialising in internal audit and business strategy, particularly those with experience in organisational transformation and risk management. Businesses that are agile and can adapt to evolving priorities will be well-suited to compete for this contract. Additionally, small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are encouraged to participate, as the procurement has a focus on inclusivity and support for diverse suppliers. ## Notice The University wishes to establish a contract with a professional services firm to provide co-sourced internal audit services as required by the Director of University Assurance Service (UAS). We would expect the incoming provider to have expertise in business strategy and capability as well as experience in supporting organisations through transformation and being a catalyst and enabler for change. The core of the work is likely to be risk-based audit work, with an emphasis on the design and operation of controls and embedded assurance. The Supplier may also be asked to conduct independent review investigations where circumstances require this, and to support capacity gaps within the internal team. The University wishes, however, to maintain a flexible approach to this arrangement to enable the UAS to respond in an agile way to the University's changing business priorities and risks. This may include providing advisory work, analytical support for audit work completed by the in-house team, developing embedded (continuous) audit procedures, project assurance for new system developments or support for forensic investigations (where required). To express an interest in this tender, please click the following link: http://events.transaxions.com/service.aspx?event=6823 ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/13e60fb0-fab3-4d44-ac8d-8bf437294022 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (above threshold) | | Tender suitability | SME, VCSE | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 15 Apr 2021 | | Submission deadline | 17 May 2021 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 31 Jul 2021 - 31 Jul 2024 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £210,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | DURHAM UNIVERSITY | | Locality | DURHAM | | Post town | Durham | | Postcode | DH1 3LE | | Country | England | | ITL 1 | TLC North East (England) | | ITL 2 | TLC4 Northumberland, Durham and Tyne & Wear | | ITL 3 | TLC41 Durham | | Local authority | County Durham | | Electoral ward | Durham South | | Westminster constituency | City of Durham | | Delivery location | Not specified | ## CPV Codes ### Divisions - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 79212200 - Internal audit services ## Release History - 15 Apr 2021 at 11:30 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/13e60fb0-fab3-4d44-ac8d-8bf437294022 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/13e60fb0-fab3-4d44-ac8d-8bf437294022 15th April 2021 - Opportunity notice on Contracts Finder - http://events.transaxions.com/service.aspx?event=6823 Expression of interest link ## Notice URLs - http://www.dur.ac.uk ## 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-b5fd17-1af07297-1151-404f-86e7-6b0c278fa231. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-1af07297-1151-404f-86e7-6b0c278fa231.json.