---
title: "Internal Audit Support - No Interest Loan Scheme"
ocid: "ocds-b5fd17-f1b2c38c-081e-4fce-8981-0008d434c6c8"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-f1b2c38c-081e-4fce-8981-0008d434c6c8"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-f1b2c38c-081e-4fce-8981-0008d434c6c8.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-f1b2c38c-081e-4fce-8981-0008d434c6c8.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "FAIR4ALL FINANCE LIMITED"
published: "2021-12-22"
---

# Internal Audit Support - No Interest Loan Scheme

Buyer: FAIR4ALL FINANCE LIMITED  
Current stage: Tender  
OCID: ocds-b5fd17-f1b2c38c-081e-4fce-8981-0008d434c6c8

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## Summary

Fair4All Finance Limited is currently seeking a provider for the "Internal Audit Support - No Interest Loan Scheme," with a focus on ensuring compliance with various funding agreements related to the No Interest Loans Scheme (NILS). This tender is classified under internal audit services, which falls within the broader services category. The procurement process is in the Tender stage and was published on 22nd December 2021. The deadline for bids is set for 21st January 2022, and the contract period is expected to commence on 18th February 2022, lasting until 31st January 2027. The services will be delivered across multiple locations in England, Wales, Northern Ireland, and Scotland.

This tender presents a significant opportunity for small and medium-sized enterprises (SMEs) with expertise in internal audit services. Businesses that specialise in financial compliance and auditing would be particularly well-positioned to compete in this process, given the multifaceted funding arrangements involving HM Treasury and potential co-funders. Winning this contract not only facilitates business growth through sustained service provision but also allows SMEs to establish long-term relationships with a notable organisation like Fair4All Finance, enhancing their market credibility.

## Notice

Fair4All Finance is seeking a provider to deliver internal audit support to ensure that our delivery of the No Interest Loans Scheme (NILS) is compliant with the various funding agreements we enter into to finance the scheme. In addition it's expected that this supplier will support us on other ad-hoc internal audit required within Fair4All Finance. Our requirement for this work arises out of the multi-party funding arrangements for NILS, the principal contributor to which is HM Treasury and where contributions are also expected from the Devolved Administrations, and, potentially, from other co-funders. We have commenced a market engagement on our plans for NILS ahead of formally procuring this scheme from November 2021 with lending commencing in approximately September 2022 across six locations in England (three) and one in Wales, Northern Ireland and Scotland.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/80bc6f24-8c62-4bf4-a9e3-e51175e25d34 |
| 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 | 22 Dec 2021 |
| Submission deadline | 21 Jan 2022 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 18 Feb 2022 - 31 Jan 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £153,000 |
| 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 | FAIR4ALL FINANCE LIMITED |
| Locality | LONDON |
| Post town | East London |
| Postcode | E1 6LS |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI42 Tower Hamlets |
| Local authority | Tower Hamlets |
| Electoral ward | Spitalfields & Banglatown |
| Westminster constituency | Bethnal Green and Stepney |
| Delivery location | Not specified |

## CPV Codes

### Divisions

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

### Codes

- 79212200 - Internal audit services

## Release History

- 22 Dec 2021 at 15:24 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/80bc6f24-8c62-4bf4-a9e3-e51175e25d34

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/80bc6f24-8c62-4bf4-a9e3-e51175e25d34
  22nd December 2021 - Opportunity notice on Contracts Finder
- https://fair4allfinance.org.uk/invitations-to-tender/
  The tender documents can be found on the Fair4All Finance website by clicking on the link above.

## 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-f1b2c38c-081e-4fce-8981-0008d434c6c8. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-f1b2c38c-081e-4fce-8981-0008d434c6c8.json.