---
title: "Internal Audit and Assurance"
ocid: "ocds-b5fd17-91d4ffb4-4213-4d28-a2da-1dedd5e8cdc5"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-91d4ffb4-4213-4d28-a2da-1dedd5e8cdc5"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-91d4ffb4-4213-4d28-a2da-1dedd5e8cdc5.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-91d4ffb4-4213-4d28-a2da-1dedd5e8cdc5.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "COVENTRY UNIVERSITY"
published: "2023-03-10"
---

# Internal Audit and Assurance

Buyer: COVENTRY UNIVERSITY  
Current stage: Award  
OCID: ocds-b5fd17-91d4ffb4-4213-4d28-a2da-1dedd5e8cdc5

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## Summary

The procurement process for the contract titled "Internal Audit and Assurance" was awarded to Coventry University for the provision of internal audit services in the accounting and auditing services sector. The contract, valued at £690,000 GBP, was awarded through a selective procurement method, calling off from a framework agreement. The tender period ended on September 27, 2022, with a contract period starting from February 1, 2023, until January 31, 2026. Coventry University, based in COVENTRY, West Midlands, England, is the buying organisation, and the service provider is PricewaterhouseCoopers LLP located in London.

This opportunity for business growth in the accounting and auditing services field provides a chance for large audit firms like PricewaterhouseCoopers LLP to secure contracts with educational institutions such as Coventry University. The competitive tender process aimed at ensuring compliance with auditing standards and financial control arrangements offers a strategic opportunity for audit service providers to demonstrate expertise in delivering independent appraisal, risk assurance, and financial system evaluations. Businesses with experience and knowledge of the Higher Education sector would be well-suited to compete for similar opportunities in the future.

## Notice

rovision of internal audit services. The provider will have in-depth knowledge and experience of the Higher Education sector to provide an internal audit service in compliance with the Committee of University Chairs' Audit Code of Practice, in order to conduct an independent appraisal of Coventry University's activities (excluding audits of academic provision), its financial systems and management controls. The provider will provide proactive strategic advice, suggesting meaningful improvements and risk assurance, and will bring analysis and perspective on causes of issues identified in audit findings to help us take corrective action. The internal audit service provided by the successful service provider will be responsible for providing assurance to the University's Board of Governors on all financial and related control arrangements, including business risk. As part of its function, the service provider will evaluate and report to management on the effectiveness of the systems and controls for which management are responsible.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/afb86dde-0956-4aae-b77d-06fc92fb5e3b |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 10 Mar 2023 |
| Submission deadline | 27 Sep 2022 |
| Future notice date | Not specified |
| Award date | 28 Dec 2022 |
| Contract period | 1 Feb 2023 - 31 Jan 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £690,000 |
| Lots value | Not specified |
| Awards value | £690,000 |
| 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 | COVENTRY UNIVERSITY |
| Locality | COVENTRY |
| Post town | Coventry |
| Postcode | CV1 5FB |
| Country | England |
| ITL 1 | TLG West Midlands (England) |
| ITL 2 | TLG3 West Midlands |
| ITL 3 | TLG33 Coventry |
| Local authority | Coventry |
| Electoral ward | St Michael's |
| Westminster constituency | Coventry South |
| Delivery location | TLG West Midlands (England) |

## Supplier

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

## CPV Codes

### Divisions

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

### Codes

- 79210000 - Accounting and auditing services

## Release History

- 10 Mar 2023 at 11:46 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/afb86dde-0956-4aae-b77d-06fc92fb5e3b

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/afb86dde-0956-4aae-b77d-06fc92fb5e3b
  10th March 2023 - Awarded contract notice on Contracts Finder

## 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-b5fd17-91d4ffb4-4213-4d28-a2da-1dedd5e8cdc5. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-91d4ffb4-4213-4d28-a2da-1dedd5e8cdc5.json.