--- title: "Internal Audit provision" ocid: "ocds-kuma6s-128779" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-kuma6s-128779" markdown_url: "https://d3tenders.com/contract/ocds-kuma6s-128779.md" json_url: "https://d3tenders.com/contract/ocds-kuma6s-128779.json" source: "Sell2Wales" current_stage: "Tender" buyer: "UNIVERSITY OF SOUTH WALES" published: "2023-03-29" --- # Internal Audit provision Buyer: UNIVERSITY OF SOUTH WALES Current stage: Tender OCID: ocds-kuma6s-128779 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-kuma6s-128779) [Download OCDS JSON](https://d3tenders.com/contract/ocds-kuma6s-128779.json) ## Summary The University of South Wales is seeking internal auditors for a contract starting from 1 August 2023, with potential extensions. The procurement stage is currently in the planning phase, with a tender period ending on 17th April 2023. The University, based in Pontypridd, UK, is looking for service providers to deliver an internal audit programme, involving up to 125 audit days annually. The procurement method is an open procedure, with a contract value of £250,000 for services. This tender by the University of South Wales offers business growth opportunities for companies experienced in internal audit services within the education sector. The successful service provider will have the chance to collaborate with a prestigious institution and potentially secure a long-term contract. Businesses with expertise in internal audit management, value for money studies, and audit committee effectiveness reviews are well-suited to compete in this tender process. ## Notice Internal Audit provision to the University of South Wales. The University of South Wales is a Higher Education Corporation under the 1988 Education Reform Act, which has had University status and degree awarding powers following the Higher & Further Education Act 1992. The University has over 20,000 students and nearly 2,000 staff. There are three academic faculties covering a wide range of subjects currently spread across three main teaching campuses in Pontypridd, Newport and Cardiff. The University has two wholly owned subsidiary colleges in the Royal Welsh College of Music & Drama and The College Merthyr Tydfil. In addition, the University has a research facility in Baglan and a Sports Park in Treforest. The University and both colleges are registered charities. Further information about the University is available at: http://www.southwales.ac.uk The University of South Wales is seeking to appoint internal auditors for up to a maximum of five years (three years in the first instance with the option of up to two one year extensions) with effect from 1 August 2023. The appointment would be subject to the continued satisfactory performance by the successful service provider. The University requires the successful service provider to deliver an internal audit service including the development, implementation and review of an internal audit programme throughout the contract term. The internal audit programme will be developed in conjunction with the University's management team and approved by the University's Audit Committee. The successful service provider may also be required to carry out value for money studies and facilitate the yearly review of effectiveness of the Audit Committee, and provide training to members as required. The number of audit days varies each year, but c. 125 is an indicative combined figure for the University and subsidiary colleges. Submissions will be evaluated against key criteria as detailed in the ITT document. ### Lot Information Lot 1 The University of South Wales is a Higher Education Corporation under the 1988 Education Reform Act, which has had University status and degree awarding powers following the Higher & Further Education Act 1992. The University has over 20,000 students and nearly 2,000 staff. There are three academic faculties covering a wide range of subjects currently spread across three main teaching campuses in Pontypridd, Newport and Cardiff. The University has two wholly owned subsidiary colleges in the Royal Welsh College of Music & Drama and The College Merthyr Tydfil. In addition, the University has a research facility in Baglan and a Sports Park in Treforest. The University and both colleges are registered charities. Further information about the University is available at: http://www.southwales.ac.uk The University of South Wales is seeking to appoint internal auditors for up to a maximum of five years (three years in the first instance with the option of up to two one year extensions) with effect from 1 August 2023. The appointment would be subject to the continued satisfactory performance by the successful service provider. The University requires the successful service provider to deliver an internal audit service including the development, implementation and review of an internal audit programme throughout the contract term. The internal audit programme will be developed in conjunction with the University's management team and approved by the University's Audit Committee. The successful service provider may also be required to carry out value for money studies and facilitate the yearly review of effectiveness of the Audit Committee, and provide training to members as required. The number of audit days varies each year, but c. 125 is an indicative combined figure for the University and subsidiary colleges. Submissions will be evaluated against key criteria, as detailed in the ITT. Shortlisted companies will be asked to present to a University panel on 26th April 2023. Further information on the content of the presentation will be provided in due course.. Publication of the ITT notice is 29th March 2023. Queries in relation to the services required should be asked via the Q & A function to this notice. The closing date for queries is midday, Monday 10th April 2023 Renewal: 2 x 12 month extensions ( +1 +1) subject to agreement and satisfactory review. ## Key Details | Field | Value | | --- | --- | | Publication source | Sell2Wales | | Latest notice | https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=128779 | | Notice type | OJEU - F2 - Contract 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 | Planning, Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 29 Mar 2023 | | Submission deadline | 17 Apr 2023 | | Future notice date | 27 Mar 2023 | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £250,000 | | 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 | UNIVERSITY OF SOUTH WALES | | Locality | PONTYPRIDD | | Post town | Cardiff | | Postcode | CF37 1DL | | Country | Wales | | ITL 1 | TLL Wales | | ITL 2 | TLL5 South East Wales | | ITL 3 | TLL51 Central Valleys and Bridgend | | Local authority | Rhondda Cynon Taf | | Electoral ward | Treforest | | Westminster constituency | Pontypridd | | Delivery location | TLL15 Central Valleys | ## CPV Codes ### Divisions - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 79212100 - Financial auditing services - 79212200 - Internal audit services ## Release History - 29 Mar 2023 at 00:00 - Tender - OJEU - F2 - Contract Notice - https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=128779 - 16 Feb 2023 at 00:00 - Planning - OJEU - F1 - Prior Information Notice - https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=128779 ## Documents - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=MAR432438&idx=1 29th March 2023 - ITT - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=MAR432438&idx=2 29th March 2023 - GDPR - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=MAR432438&idx=3 29th March 2023 - Services Agreement - https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=FEB428119&idx=1 16th February 2023 - Information - Additional documents - https://www.sell2wales.gov.wales/search/show/search_view.aspx?ID=FEB428119 Internal Audit provision - Internal Audit provision to the University of South Wales. The University of South Wales is a Higher Education Corporation under the 1988 Education Reform Act, which has had University status and degree awarding powers following the Higher & Further Education Act 1992. The University has over 20,000 students and nearly 2,000 staff. There are three academic faculties covering a wide range of subjects currently spread across three main teaching campuses in Pontypridd, Newport and Cardiff. The University has two wholly owned subsidiary colleges in the Royal Welsh College of Music & Drama and The College Merthyr Tydfil. In addition, the University has a research facility in Baglan and a Sports Park in Treforest. The University and both colleges are registered charities. Further information about the University is available at: http://www.southwales.ac.uk The University of South Wales is seeking to appoint internal auditors for up to a maximum of five years (three years in the first instance with the option of up to two one year extensions) with effect from 1 August 2023. The appointment would be subject to the continued satisfactory performance by the successful service provider. The University requires the successful service provider to deliver an internal audit service including the development, implementation and review of an internal audit programme throughout the contract term. The internal audit programme will be developed in conjunction with the University's management team and approved by the University's Audit Committee. The successful service provider may also be required to carry out value for money studies and facilitate the yearly review of effectiveness of the Audit Committee, and provide training to members as required. The number of audit days varies each year, but c. 125 is an indicative combined figure for the University and subsidiary colleges. Submissions will be evaluated against key criteria, including demonstrable knowledge of the HE and FE sectors in Wales, quality of the audit process, cost, and community benefits. - https://www.sell2wales.gov.wales/search/show/search_view.aspx?ID=MAR432438 Internal Audit provision - Internal Audit provision to the University of South Wales. The University of South Wales is a Higher Education Corporation under the 1988 Education Reform Act, which has had University status and degree awarding powers following the Higher & Further Education Act 1992. The University has over 20,000 students and nearly 2,000 staff. There are three academic faculties covering a wide range of subjects currently spread across three main teaching campuses in Pontypridd, Newport and Cardiff. The University has two wholly owned subsidiary colleges in the Royal Welsh College of Music & Drama and The College Merthyr Tydfil. In addition, the University has a research facility in Baglan and a Sports Park in Treforest. The University and both colleges are registered charities. Further information about the University is available at: http://www.southwales.ac.uk The University of South Wales is seeking to appoint internal auditors for up to a maximum of five years (three years in the first instance with the option of up to two one year extensions) with effect from 1 August 2023. The appointment would be subject to the continued satisfactory performance by the successful service provider. The University requires the successful service provider to deliver an internal audit service including the development, implementation and review of an internal audit programme throughout the contract term. The internal audit programme will be developed in conjunction with the University's management team and approved by the University's Audit Committee. The successful service provider may also be required to carry out value for money studies and facilitate the yearly review of effectiveness of the Audit Committee, and provide training to members as required. The number of audit days varies each year, but c. 125 is an indicative combined figure for the University and subsidiary colleges. Submissions will be evaluated against key criteria as detailed in the ITT document. ## Notice URLs - http://www.sell2wales.gov.wales/Search/Search_Switch.aspx?ID=130349 - http://www.sell2wales.gov.wales/sitehelp/help_guides.aspx - http://www.southwales.ac.uk - https://api.sell2wales.gov.wales/v1?lang=cy/Notice?id=ocds-kuma6s-128779 - https://www.sell2wales.gov.wales/ - https://www.sell2wales.gov.wales/search/Search_AuthProfile.aspx?ID=AA0315 - https://www.southwales.ac.uk ## 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-128779. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-kuma6s-128779.json.