---
title: "The Provision of Internal Audit Services to the Development Bank of Wales"
ocid: "ocds-h6vhtk-03027a"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-03027a"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-03027a.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-03027a.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "DEVELOPMENT BANK OF WALES"
published: "2024-08-13"
---

# The Provision of Internal Audit Services to the Development Bank of Wales

Buyer: DEVELOPMENT BANK OF WALES  
Current stage: Award  
OCID: ocds-h6vhtk-03027a

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-03027a.json)

## Summary

The Development Bank of Wales has recently completed the tendering process for the provision of Internal Audit Services. This contract, which spans 5 years and falls under the category of Accounting and Auditing Services (CPV code 79210000), has been awarded to RSM UK Risk Assurance Services LLP. The overall value of the contract is £226,168 GBP, and the procurement followed an open procedure. The contract became effective on 30th March 2022, with the services to be delivered within the UK.

This tender offers significant opportunities for businesses specialising in internal audit services, particularly those with strong sector and client knowledge, risk identification capabilities, and effective relationship management. Companies with expertise in delivering objective and challenging audit processes while incorporating elements of ESG (Environmental, Social, and Governance) are well-suited to compete. The opportunity is especially attractive for SMEs aiming to expand their client portfolio within the public sector.

## Notice

The Development Bank of Wales is looking to appoint an organisation to provide Internal Audit Services over a period of 5 years.

### Lot Information

Lot 1

The Development Bank of Wales Group (DBWG) is inviting tenders to appoint an organisation to provide the internal audit services over a period of 5 years. Further information about the Services and DBWG's requirements is contained in sections 3 and 4 of the Invitation to Tender (ITT).

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/025644-2024 |
| Notice type | Planning Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Planning, Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 13 Aug 2024 |
| Submission deadline | 20 May 2022 |
| Future notice date | 24 Jan 2022 |
| Award date | 29 Mar 2022 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £400,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £226,168 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | DEVELOPMENT BANK OF WALES |
| Locality | WREXHAM |
| Post town | Llandudno |
| Postcode | LL13 7YL |
| Country | Wales |
| ITL 1 | TLL Wales |
| ITL 2 | TLL3 North Wales |
| ITL 3 | TLL34 Flintshire and Wrexham |
| Local authority | Wrexham |
| Electoral ward | Brynyffynnon |
| Westminster constituency | Wrexham |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | RSM UK RISK ASSURANCE SERVICES |

## CPV Codes

### Divisions

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

### Codes

- 79210000 - Accounting and auditing services

## Release History

- 13 Aug 2024 at 13:20 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/025644-2024
- 13 Apr 2022 at 08:03 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/009833-2022
- 16 Dec 2021 at 16:55 - Planning - Planning Notice - https://www.find-tender.service.gov.uk/Notice/031491-2021

## Notice URLs

- http://www.developmentbank.wales
- https://etenderwales.bravosolution.co.uk
- https://www.developmentbank.wales
- https://www.sell2wales.gov.wales/search/Search_AuthProfile.aspx?ID=AA0555

## 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-h6vhtk-03027a. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-03027a.json.