--- title: "Internal Audit services for Falmouth University" ocid: "ocds-b5fd17-c4156ab4-737a-4c0f-ae13-0e6192be3482" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-c4156ab4-737a-4c0f-ae13-0e6192be3482" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-c4156ab4-737a-4c0f-ae13-0e6192be3482.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-c4156ab4-737a-4c0f-ae13-0e6192be3482.json" source: "Contracts Finder" current_stage: "Tender" buyer: "FALMOUTH EXETER PLUS" published: "2019-01-23" --- # Internal Audit services for Falmouth University Buyer: FALMOUTH EXETER PLUS Current stage: Tender OCID: ocds-b5fd17-c4156ab4-737a-4c0f-ae13-0e6192be3482 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-c4156ab4-737a-4c0f-ae13-0e6192be3482) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-c4156ab4-737a-4c0f-ae13-0e6192be3482.json) ## Summary The procurement process involves Falmouth Exeter Plus, a higher education corporation, seeking internal audit services for Falmouth University and its joint venture, Falmouth Exeter Plus. Titled "Internal Audit services for Falmouth University," this tender is classified under internal audit services (CPV code 79212200). The procurement is currently at the Tender stage, with the deadline for tender submissions set for 29th March 2019. The contract is intended to commence on 1st August 2019 and will last for three years, with an optional two-year extension. The location of service delivery is the South West region of the United Kingdom, with an expected contract value of £150,000. This tender presents significant business growth opportunities, particularly for firms specialising in internal audit services. Businesses with a background in governance, risk management, and internal controls will be well-suited to compete. Additionally, small and medium-sized enterprises (SMEs) are encouraged to participate, given their eligibility for this contract. Engaging in this process can help successful bidders establish a strong relationship with a reputable educational institution and enhance their service portfolio in the public sector. ## Notice The successful tenderer shall enter into a contractual relationship with both Falmouth University and Falmouth Exeter Plus for the provision of internal audit services. Falmouth University is a Higher Education Corporation incorporated under the Further and Higher Education Act 1992. Under its governing document and conditions of funding, it is required to 'have a suitably resourced internal audit function which must comply with the professional standards of the Chartered Institute of Internal Auditors'. This tender seeks to procure those services. At the same time, internal audit services for the University's joint venture company, Falmouth Exeter Plus, are also being procured. Falmouth Exeter Plus is a company jointly owned with the University of Exeter and is a company limited by guarantee. The successful provider will assist the University in ensuring a robust governance environment through a systematic, disciplined and balanced approach to the evaluation of the effectiveness of the financial and internal controls, risk management and other governance processes, recognising that these should be proportionate to the scale and nature of the University's business. The contract will commence on 1st August 2019 and will operate for a period of three years in the first instance with an option, exercisable by the University, to extend the contract by agreement for a further two year period. The successful bidder will be required to present a draft three year audit strategy and draft annual audit plan covering 2019/20 to the University Audit Committee in April 2019. Additional information: ITT made available to Bidders Wednesday 23rd January 2019 Date by which Bidders will need to submit clarifications (if raised) Friday 22nd March 2019 at 12.00pm Mid-day Deadline for receipt of Tender Friday 29th March 2019 at 12.00pm mid-day Shortlisted Bidders Notified W/C 08th April 2019 Presentation Stage Thursday 25th April 2019 Preferred Bidders chosen (subject to contract) W/C 27th May 2019 ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/38781580-8e7e-4ee5-a393-30117f67589c | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (above threshold) | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 23 Jan 2019 | | Submission deadline | 29 Mar 2019 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 2 Jun 2019 - 3 Jun 2022 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £150,000 | | 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 | FALMOUTH EXETER PLUS | | Locality | PENRYN | | Post town | Truro | | Postcode | TR10 9FE | | Country | England | | ITL 1 | TLK South West (England) | | ITL 2 | TLK3 Cornwall and Isles of Scilly | | ITL 3 | TLK30 Cornwall and Isles of Scilly | | Local authority | Cornwall | | Electoral ward | Constantine, Mabe & Mawnan | | Westminster constituency | Camborne and Redruth | | Delivery location | TLK South West (England) | ## CPV Codes ### Divisions - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 79212200 - Internal audit services ## Release History - 23 Jan 2019 at 13:59 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/38781580-8e7e-4ee5-a393-30117f67589c ## Documents - https://www.contractsfinder.service.gov.uk/Notice/38781580-8e7e-4ee5-a393-30117f67589c 23rd January 2019 - Opportunity notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/Attachment/e2696b7d-ec38-4916-9023-1434005b83f2 ITT - https://in-tendhost.co.uk/universityofexeter/aspx/Home In-Tend Portal ## 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-c4156ab4-737a-4c0f-ae13-0e6192be3482. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-c4156ab4-737a-4c0f-ae13-0e6192be3482.json.