---
title: "The Provision of Internal Audit Services to the Development Bank of Wales"
ocid: "ocds-kuma6s-120506"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-kuma6s-120506"
markdown_url: "https://d3tenders.com/contract/ocds-kuma6s-120506.md"
json_url: "https://d3tenders.com/contract/ocds-kuma6s-120506.json"
source: "Sell2Wales"
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-kuma6s-120506

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-kuma6s-120506.json)

## Summary

The Development Bank of Wales has concluded an open procurement process to appoint RSM UK Risk Assurance Services LLP as the provider of internal audit services over a period of five years. The contract, valued at £226,168 GBP, was officially signed on 30th March 2022. This procurement falls under the 'economic affairs' category, classified under CPV code 79210000. The project is situated within the UK, specifically at the bank's headquarters in Wrexham. The tender phase was completed on 20th May 2022, and the contract has since been active, moving from the planning to the award stage efficiently.

This tender presents significant opportunities for businesses specialising in audit services, particularly those with a background in economic and financial sectors. SMEs like RSM UK Risk Assurance Services LLP are notably competitive for such contracts due to their specialised knowledge and ability to meet the quality and price criteria set forth by the Development Bank of Wales. Businesses that can offer comprehensive internal audit services with demonstrable expertise in sector and client knowledge would be well suited to compete for similar opportunities, promoting their visibility and expanding their market presence through successful bidding.

## 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 | Sell2Wales |
| Latest notice | https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=120506 |
| Notice type | OJEU - F3 - Contract Award 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 | 13 Aug 2024 |
| Submission deadline | 20 May 2022 |
| Future notice date | Not specified |
| Award date | 30 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 | Complete |
| Awards status | Not specified |
| 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 00:00 - Award - OJEU - F3 - Contract Award Notice - https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=120506
- 13 Apr 2022 at 00:00 - Tender - OJEU - F2 - Contract Notice - https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=120506

## Documents

- https://www.sell2wales.gov.wales/search/show/search_view.aspx?ID=APR394794
  The Provision of Internal Audit Services to the Development Bank of Wales - The Development Bank of Wales is looking to appoint an organisation to provide Internal Audit Services over a period of 5 years.
- https://www.sell2wales.gov.wales/search/show/search_view.aspx?ID=AUG487753
  The Provision of Internal Audit Services to the Development Bank of Wales - The Development Bank of Wales is looking to appoint an organisation to provide Internal Audit Services over a period of 5 years.

## Notice URLs

- https://api.sell2wales.gov.wales/v1?lang=cy/Notice?id=ocds-kuma6s-120506
- https://etenderwales.bravosolution.co.uk
- https://www.developmentbank.wales

## 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-kuma6s-120506. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-kuma6s-120506.json.