---
title: "Internal Audit Services"
ocid: "ocds-h6vhtk-04db8d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04db8d"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-04db8d.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-04db8d.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "LONDON BOROUGH OF NEWHAM"
published: "2025-04-23"
---

# Internal Audit Services

Buyer: LONDON BOROUGH OF NEWHAM  
Current stage: Award  
OCID: ocds-h6vhtk-04db8d

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04db8d)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-04db8d.json)

## Summary

The London Borough of Newham, a regional authority, has completed the procurement process for a contract titled "Internal Audit Services." Under the open procedure, TIAA Ltd was awarded the contract on 1st April 2025, with a total contract value of £417,150. The services fall under the CPV category 79212200 - Internal audit services, with activities to be conducted in the UK region UKI41. The procurement stage has progressed from tender to the award, with the procurement process initiated in February 2025 and key activities such as bid submission concluding by 6th March 2025. This contract involves conducting twelve risk-based audits over the 2025/26 period, strategically timed throughout the year to ensure comprehensive coverage.

This tender presents significant growth opportunities for businesses specialising in internal audit services, particularly those with experience in handling risk-based council, financial system, and IT audits. As the contract spans a full year with a potential 2-year extension, it is especially advantageous for small to medium-sized enterprises like TIAA Ltd., which can leverage this opportunity to expand their portfolio within the public sector. The structured timeline and defined scope of work provide a clear framework for businesses to plan and allocate resources efficiently, ensuring value-added service delivery to the London Borough of Newham. The open procurement method encourages diverse competition, making it ideal for businesses ready to demonstrate quality service and competitive pricing.

## Notice

The Bidder is required to deliver twelve risk based audits to the corporate centre and directorates. A list of the 12 risk based audits will be provided after the appointment of the successful bidder, however, we reserve the right to make substitutions where required. We expect the average number of days for each audit to be approximately 20. These audits will be carried out during 2025/26, with all final reports cleared by the Corporate Directors and being delivered to the Internal Audit Manager within 12 months after the start date of this contract. We expect that these audits will be spread throughout the year and we will work with the successful bidder to agree a suitable timetable.

### Lot Information

Lot 1

The audits to be undertaken and their timing will be selected by the Council's Internal Audit Manager with a scope agreed by them and are likely to cover the following areas (please note that this list is indicative of the audits to be undertaken, but the exact audits may change during the year): * Risk based council audits * Financial system audits * IT audits.

Renewal: Contract of 2 years plus a potential 1 year extension.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/016560-2025 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 23 Apr 2025 |
| Submission deadline | 6 Mar 2025 |
| Future notice date | Not specified |
| Award date | 31 Mar 2025 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £417,150 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | LONDON BOROUGH OF NEWHAM |
| Locality | LONDON |
| Post town | East London |
| Postcode | E16 2QU |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI41 Hackney and Newham |
| Local authority | Newham |
| Electoral ward | Royal Albert |
| Westminster constituency | West Ham and Beckton |
| Delivery location | TLI41 Hackney and Newham |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | TIAA |

## CPV Codes

### Divisions

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

### Codes

- 79212200 - Internal audit services

## Release History

- 23 Apr 2025 at 13:39 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/016560-2025
- 4 Feb 2025 at 15:40 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/003693-2025

## Notice URLs

- http://www.newham.gov.uk
- https://elyq.fa.em3.oraclecloud.com/fscmUI/faces/PrcPosRegisterSupplier?prcBuId=300000002089195

## 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-04db8d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-04db8d.json.