--- title: "Internal Audit Services" ocid: "ocds-h6vhtk-047b9a" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-047b9a" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-047b9a.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-047b9a.json" source: "Find A Tender Service" current_stage: "Tender" buyer: "THE UNIVERSITY OF WESTMINSTER" published: "2024-07-08" --- # Internal Audit Services Buyer: THE UNIVERSITY OF WESTMINSTER Current stage: Tender OCID: ocds-h6vhtk-047b9a [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-047b9a) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-047b9a.json) ## Summary The University of Westminster is seeking internal audit services through a tender process. The procurement is in the services category and involves the evaluation of financial systems and management controls. Bidders must register on the Proactis Pro-Contract procurement portal and submit tenders by 16 August 2024. The contract period is for 3 years initially, with an option to extend for up to 5 years. This tender process by the University of Westminster presents opportunities for businesses providing internal audit services. Suitable businesses should be experienced in risk-based audit approaches and have expertise in governance, risk management, and internal controls. The procurement stage is active, with a deadline of 16 August 2024 for tender submissions. Businesses offering audit services in the UK are well-suited to compete and potentially secure a long-term contract with the University. ## Notice The University requires an internal audit service in compliance with the Code of Audit Practice. The Successful Bidder will be required to independently appraise the University's activities, its financial systems and management controls. The University adopts a risk-based approach to audit, taking account of the University's culture and business strategy. The Internal Audit Service provided by the Successful Bidder will be responsible for providing assurance to the University's Governing Body on all significant risks and control, including business risk. As part of its function, the Successful Bidder will evaluate and report to management on the effectiveness of governance, risk management and internal controls for which management is responsible. ### Lot Information Lot 1 The University requires an internal audit service in compliance with the Code of Audit Practice. The Successful Bidder will be required to independently appraise the University's activities, its financial systems and management controls. The University adopts a risk-based approach to audit, taking account of the University's culture and business strategy. The Internal Audit Service provided by the Successful Bidder will be responsible for providing assurance to the University's Governing Body on all significant risks and control, including business risk. As part of its function, the Successful Bidder will evaluate and report to management on the effectiveness of governance, risk management and internal controls for which management is responsible. Additional information: Bidders will need to register for free on the Proactis Pro-Contract procurement portal (https://procontract.due-north.com) by completing a simple registration. Once registered, bidders can use the search function under "find opportunities" to find the tender. If Bidders do not meet one or more of the minimum requirements for each Selection Criteria Bidders will be excluded from the process. If bidders pass all Selection Criteria, their Bid will be fully scored and evaluated. Bidders must submit their tender via the portal by 16 August 2024 The University expressly reserves the rights: i) Not to award any contract as a result of this procurement process commenced by publication of this notice. ii) To make whatever changes it may see fit to the content and structure of the tendering competition. iii) To award (a) contract(s) in respect of any part(s) of the [services] covered by this notice; and in no circumstances will the University be liable for any costs incurred by Bidders. Options: It is anticipated that the new contract will be for an initial period of 3 years. With an option to extend for a further period of 2 years, at 12-month increments, taking the contract term to a maximum of 5 years. The Contract is intended to start on 1st August 2025. Any contract extension will be agreed upon between the University of Westminster and the successful bidder. The University will likely seek that the successful bidder demonstrate improvements and/or price reductions before considering an extension. For any extension(s) to the Contract, discussions with the successful bidder shall be conducted sufficiently far in advance of the contract expiry date to arrive at an agreed position. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/020786-2024 | | 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 | 8 Jul 2024 | | Submission deadline | 16 Aug 2024 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | 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 | THE UNIVERSITY OF WESTMINSTER | | Locality | LONDON | | Post town | West London | | Postcode | W1B 2HW | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI3 Inner London - West | | ITL 3 | TLI35 Westminster and City of London | | Local authority | Westminster | | Electoral ward | West End | | Westminster constituency | Cities of London and Westminster | | Delivery location | Not specified | ## CPV Codes ### Divisions - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 79212200 - Internal audit services ## Release History - 8 Jul 2024 at 13:22 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/020786-2024 ## Notice URLs - http://www.westminster.ac.uk - https://procontract.due-north.com - https://procontract.due-north.com/ ## 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-047b9a. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-047b9a.json.