--- title: "Provision of internal audit services" ocid: "ocds-r6ebe6-0000775369" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000775369" markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000775369.md" json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000775369.json" source: "Public Contracts Scotland" current_stage: "Award" buyer: "WATER INDUSTRY COMMISSION FOR SCOTLAND" published: "2024-10-18" --- # Provision of internal audit services Buyer: WATER INDUSTRY COMMISSION FOR SCOTLAND Current stage: Award OCID: ocds-r6ebe6-0000775369 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000775369) [Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000775369.json) ## Summary The Water Industry Commission for Scotland has conducted a procurement process for the provision of internal audit services, culminating in a contract award. This procurement, within the economic regulation industry category, included an open procedure for services with key dates ranging from the tender period closing on 16th September 2024 and the contract award on 17th October 2024. The primary location for delivery is specified as UKM77. The awarded contract, valued at £325,000, involves providing audit services to a small, non-departmental public body. The contract period spans three years, with potential annual extensions subject to approval by the Scottish Government. This tender presents an excellent opportunity for firms specialising in internal audit services to engage with a central purchasing body in the public sector, providing significant business growth potential. Businesses with expertise in public sector auditing, especially those whose staff hold relevant certifications like Chartered Internal Auditor, Chartered Accountant, and Certified Information Systems Auditor, will find it advantageous to apply. Large enterprises such as Azets Technology Solutions Limited, who won the contract, demonstrate the capacity required, suggesting firms of similar size and capability are well-suited for such opportunities. This procurement can provide a stable, long-term engagement with renewed business prospects annually. ## Notice The provision of internal audit services to a small, non-departmental public body ### Lot Information Lot 1 The internal audit function will be required to (i) analyse the governance, risk management and internal control system and establish a risk-based assurance programme; (ii) identify and evaluate the controls which are established to achieve objectives in the most economical, effective and efficient manner; (iii) report findings and conclusions and, where appropriate, make recommendations for improvement; (iv) provide an opinion on the controls under review; and (v) provide assurance based on evaluating the governance, risk management and internal control system within the organisation as a whole. For each year from 1 April to 31 March the following year, the internal audit team will be responsible for proposing a programme of work and submitting it for approval to the ARC that focuses on areas of specific business risk that WICS faces regularly. This focus will include compliance with internal and external WICS regulations, particularly in line with the Scottish Public Finance Manual (SPFM). Annual audit assu Renewal: Subject to Scottish Government approval, the contract may be extended by three periods of one year. ## Key Details | Field | Value | | --- | --- | | Publication source | Public Contracts Scotland | | Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT516509 | | 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 | Large | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 18 Oct 2024 | | Submission deadline | 16 Sep 2024 | | Future notice date | Not specified | | Award date | 17 Oct 2024 | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £325,000 | | Lots value | £325,000 | | Awards value | Not specified | | Contracts value | £325,000 | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Complete | | Awards status | Not specified | | Contracts status | Active | ## Buyer | Field | Value | | --- | --- | | Main buyer | WATER INDUSTRY COMMISSION FOR SCOTLAND | | Locality | STIRLING | | Post town | Falkirk and Stirling | | Postcode | FK8 1QZ | | Country | Scotland | | ITL 1 | TLM Scotland | | ITL 2 | TLM0 Eastern Scotland | | ITL 3 | TLM02 Perth and Kinross, and Stirling | | Local authority | Stirling | | Electoral ward | Stirling North | | Westminster constituency | Stirling and Strathallan | | Delivery location | TLM77 Perth and Kinross, and Stirling | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | AZETS TECHNOLOGY SOLUTIONS | ## CPV Codes ### Divisions - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 79212200 - Internal audit services ## Release History - 18 Oct 2024 at 00:00 - Award - OJEU - F3 - Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT516509 - 15 Aug 2024 at 00:00 - Tender - OJEU - F2 - Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=AUG512168 ## Documents - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=AUG512168&idx=1 15th August 2024 - Invitation to tender - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=AUG512168&idx=2 15th August 2024 - Appendix C Standard Terms and Conditions - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=AUG512168 Provision of internal audit services - The provision of internal audit services to a small, non-departmental public body - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT516509 Provision of internal audit services - The provision of internal audit services to a small, non-departmental public body ## Notice URLs - http:// - http://www.publiccontractsscotland.gov.uk - http://www.watercommission.co.uk - https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000775369 ## 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-r6ebe6-0000775369. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000775369.json.