---
title: "Internal Audit Resource"
ocid: "ocds-b5fd17-8ad2ce9e-1893-46ee-911f-451e59b9d19a"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-8ad2ce9e-1893-46ee-911f-451e59b9d19a"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-8ad2ce9e-1893-46ee-911f-451e59b9d19a.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-8ad2ce9e-1893-46ee-911f-451e59b9d19a.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "PENSION PROTECTION FUND"
published: "2024-11-08"
---

# Internal Audit Resource

Buyer: PENSION PROTECTION FUND  
Current stage: Award  
OCID: ocds-b5fd17-8ad2ce9e-1893-46ee-911f-451e59b9d19a

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## Summary

The Pension Protection Fund has executed the optional 2-year extension for their "Internal Audit Resource" contract, updating the contract end date to 22nd September 2026 and increasing the contract value from £300,000 to £1,191,129. This contract, classified under the Internal Audit Services industry category (CPV code 79212200), involves the appointment of Ernst & Young LLP to support the Fund's Internal Audit function. The procurement process was selective, carried out through a call-off from a framework agreement, covering services to be delivered primarily in London, with the contract originally awarded on 9th September 2022 and initiated on 23rd September 2022.

This tender provides a significant opportunity for businesses specialising in internal audit services, especially those with capabilities to handle extended contractual periods and increased scope of work, as demonstrated by the substantial rise in contract value. SMEs are particularly encouraged, as the procurement method ensures that smaller entities can compete alongside larger firms. The extension highlights a stable long-term engagement, providing consistent business growth potential for suppliers who can meet the rigorous standards expected by prominent public bodies like the Pension Protection Fund.

## Notice

30.10.24 - Notice updates Contract executed it's optional 2-year extension Contract end date updated from 22.09.24 to 22.09.26 Contract Value updated from PS300,000 to PS1,191,129 Appointment of a supplier to assist with resourcing our Internal Audit function; to facilitate the completion of the audit plan and to provide SME. 2 year initial term with optional 2 year extension

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/38a1c238-8e7d-44fb-9b62-0ca125fa7df0 |
| 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 | 8 Nov 2024 |
| Submission deadline | 22 Aug 2022 |
| Future notice date | Not specified |
| Award date | 8 Sep 2022 |
| Contract period | 22 Sep 2022 - 22 Sep 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1,191,129 |
| Lots value | Not specified |
| Awards value | £1,191,129 |
| 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 | PENSION PROTECTION FUND |
| Locality | CROYDON |
| Post town | Croydon |
| Postcode | CR0 2NA |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI6 Outer London - South |
| ITL 3 | TLI62 Croydon |
| Local authority | Croydon |
| Electoral ward | Fairfield |
| Westminster constituency | Croydon West |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ERNST & YOUNG |

## CPV Codes

### Divisions

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

### Codes

- 79212200 - Internal audit services

## Release History

- 8 Nov 2024 at 14:38 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/38a1c238-8e7d-44fb-9b62-0ca125fa7df0
- 30 Sep 2022 at 10:58 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/38a1c238-8e7d-44fb-9b62-0ca125fa7df0

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/38a1c238-8e7d-44fb-9b62-0ca125fa7df0
  8th November 2024 - Awarded contract notice on Contracts Finder

## Notice URLs

- https://www.ppf.co.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-b5fd17-8ad2ce9e-1893-46ee-911f-451e59b9d19a. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-8ad2ce9e-1893-46ee-911f-451e59b9d19a.json.