---
title: "Internal Audit Support - No Interest Loan Scheme"
ocid: "ocds-h6vhtk-031676"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-031676"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-031676.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-031676.json"
source: "Find A Tender Service"
current_stage: "Tender"
buyer: "FAIR4ALL FINANCE LIMITED"
published: "2022-02-15"
---

# Internal Audit Support - No Interest Loan Scheme

Buyer: FAIR4ALL FINANCE LIMITED  
Current stage: Tender  
OCID: ocds-h6vhtk-031676

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-031676.json)

## Summary

The procurement process is led by Fair4All Finance Limited, with the current tender titled "Internal Audit Support - No Interest Loan Scheme". This falls under the auditing services category within the services industry. The tender, which is at the active stage, must be completed by 14 March 2022, with bids being opened on the following day. The procurement method is open, allowing any qualified suppliers to participate, and the total budget for this tender is set at £1,000,000.

This tender presents a significant opportunity for businesses specialising in auditing services, particularly those with experience in financial compliance and management in multi-party funding arrangements. Given the nature of the work required, firms that excel in consultancy and auditing within the financial services sector, as well as those familiar with government contracts and funding mechanisms, would be well-placed to compete effectively for this project. The successful partner will play a crucial role in managing and executing audit processes essential for the delivery of the No Interest Loan Scheme across multiple regions in the UK.

## Notice

Please note this is a reissue of the tender due to a clerical error on budget range. The previous publication reference was 2021/S 000-031015. Fair4All Finance is seeking a provider of internal audit support to enable us to appoint a partner who can work with us to implement appropriate mechanisms to manage the funds we receive to deliver the NILS pilot in compliance with the various agreements. Our requirement for this work arises out of the multi-party funding arrangements for NILS, the principal contributor to which is Treasury (HMT) 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 ahead of formally procuring this scheme from November 2021 with lending commencing in approximately September 2022 across six locations in England (three); Wales, Northern Ireland and Scotland. NILS product development is already underway, and we have a small-scale proof of concept (POC) also commencing delivery in December 2021/January 2022. Please see the detailed market engagement pack (Appendix 1) for information about the pilot on which we are seeking input from lenders as potential bidders in parallel to procuring this work to support the lender(s) we eventually appoint. The procurement is live on our website at https://fair4allfinance.org.uk/invitations-to-tender/ Please note, the maximum budget figure will only be realised if additional ad-hoc investment audit support and/or internal audit work are required. Please read the documents to ensure you fully understand the requirements.

### Lot Information

Lot 1

Please see tender documents

Renewal: Renewals will depend on the future of NILS

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/004256-2022 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 15 Feb 2022 |
| Submission deadline | 14 Mar 2022 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1,000,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Active |
| Lots status | Active |
| 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

- 79212000 - Auditing services

## Release History

- 15 Feb 2022 at 10:48 - TenderUpdate - Tender Notice - https://www.find-tender.service.gov.uk/Notice/004256-2022
- 11 Feb 2022 at 16:50 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/004059-2022

## Notice URLs

- http://www.fair4allfinance.org.uk
- https://fair4allfinance.marketdojo.com/events/91189
- https://fair4allfinance.marketdojo.com/users/sign_in
- https://fair4allfinance.org.uk/invitations-to-tender/

## 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-031676. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-031676.json.