---
title: "Internal Audit Services"
ocid: "ocds-b5fd17-64efca69-adc9-11e6-9901-0019b9f3037b"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-64efca69-adc9-11e6-9901-0019b9f3037b"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-64efca69-adc9-11e6-9901-0019b9f3037b.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-64efca69-adc9-11e6-9901-0019b9f3037b.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "UNIVERSITY OF LINCOLN"
published: "2016-11-18"
---

# Internal Audit Services

Buyer: UNIVERSITY OF LINCOLN  
Current stage: Award  
OCID: ocds-b5fd17-64efca69-adc9-11e6-9901-0019b9f3037b

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## Summary

The University of Lincoln is conducting a procurement process for Internal Audit Services, categorised under auditing services. This contract is set to commence on 1st August 2016 and will last for one year, with an option to extend for a further three years until 31st July 2020. The tender period concluded on 4th April 2016. Interested parties were required to submit their tenders through the e-tendering portal, and the estimated value of the contract is £400,000, with a minimum bid value of £200,000.

This opportunity could significantly benefit businesses focused on audit and financial consultancy, particularly those with experience in developing internal audit strategies and governance advice. Small and medium enterprises (SMEs) may find this contract particularly relevant, as they can leverage their specialised knowledge and flexibility to meet the University's requirements for value optimisation and high-quality assurance in the internal audit process.

## Notice

The Contract will run for a period of 1 year commencing 1.8.2016. There will be an option for the University to extend the Contract by a period of 3 further years until 31.7.2020. The services for which the Tenderer is invited to tender for are the provision of internal audit services to the University. Including but not limited to: -- Development and delivery of both; an internal audit strategy and/or methodologies; plus, an internal audit plan. -- Advice on governance, risk management and internal control -- Recommendations on optimising value for money outcomes -- Incorporate proactive knowledge sharing and best practice from the HE sector -- Benchmarking and Quality Assurance of Internal Audit performance The information and/or documents for this opportunity are only available by visiting the e-tendering portal https://in-tendhost.co.uk/lincoln/aspx/Home and accessing the Tenders tab and clicking on current. If you have not already done so, you will need to register on this site to access the Invitation to Tender and associated documentation. If you are already registered you will not need to register again, simply use your existing user-name and password. If you have any questions on how to use this website please contact the In-Tend Support Team viasupport@in-tend.com or call them on +44 8455578079 or +44 1144070065. Additional information: Closing time for return of tenders is 12:00 noon on the 4th April 2016.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/8fd45c50-b6cd-4859-a503-f93e733bccf4 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 18 Nov 2016 |
| Submission deadline | 4 Apr 2016 |
| Future notice date | Not specified |
| Award date | 7 Mar 2016 |
| Contract period | 31 Jul 2016 - 31 Jul 2017 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £400,000 |
| Lots value | Not specified |
| Awards value | £293,800 |
| 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 | UNIVERSITY OF LINCOLN |
| Locality | LINCOLN |
| Post town | Lincoln |
| Postcode | LN6 7TS |
| Country | England |
| ITL 1 | TLF East Midlands (England) |
| ITL 2 | TLF3 Lincolnshire |
| ITL 3 | TLF30 Lincolnshire CC |
| Local authority | Lincoln |
| Electoral ward | Boultham |
| Westminster constituency | Lincoln |
| Delivery location | TLF East Midlands (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | PRINCE WATERHOUSE COOPERS |

## CPV Codes

### Divisions

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

### Codes

- 79212000 - Auditing services

## Release History

- 18 Nov 2016 at 20:17 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/8fd45c50-b6cd-4859-a503-f93e733bccf4

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/8fd45c50-b6cd-4859-a503-f93e733bccf4
  7th March 2016 - Awarded contract notice on Contracts Finder
- https://in-tendhost.co.uk/lincoln/aspx/Home
  University of Lincoln - Tendering Portal

## Notice URLs

- http://www.lincoln.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-b5fd17-64efca69-adc9-11e6-9901-0019b9f3037b. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-64efca69-adc9-11e6-9901-0019b9f3037b.json.
