Internal Audit Services · THE UNIVERSITY OF WESTMINSTER (Jul 2024)

Official notice

Authority: THE UNIVERSITY OF WESTMINSTER (Education)

ServicesOpen procedure

Sectors: Business Services & Consultancy (79) Delivery: UK

Budget not disclosedValue not published

Submissions closed 16 Aug 2024

What is being bought

Published requirement description

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.

CPV: Internal audit services

The lotProcurement structure

single lot · no lot value published

Lot #1

Delivery: UK

Extensions: 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.Variant bids: not allowed

Procedure terms & legal framework

From the official record

Procedure method: Open procedure
Legal basis: CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category: Services
Notice status: Closed
Procurement threshold: Unspecified in notice
Regulatory regime: Standard
Commercial structure: Stand-alone contract (no framework)
Competition type: Competitive procedure
GPA / WTO covered: Yes (GPA)
Recurring procurement: No (one-off requirement)
First published: 8 Jul 2024, 14:22 BST
Last source update: 8 Jul 2024, 14:22 BST
Award evaluation window: 16 Aug 2024 – …
Authority reference: DN731455
FTS notice number: 2024/S 000-020786
Classification (CPV): Internal audit services
Delivery area: UK
Official registry OCID: ocds-h6vhtk-047b9a Find a Tender

Contract terms

Electronic trading: e-invoicing allowed · electronic ordering · electronic payment

Review and risk notes

Review procedure: The University will incorporate a minimum 10 calendar day standstill period at the point that information on the award of the contract is communicated to tenderers. If an appeal regarding the award of the contract has not been successfully resolved, then the Public Contracts Regulations 2015 provide for aggrieved parties who have been harmed or are at risk of harm by breach of the rules to take action in the High Court. Any such action must be brought promptly.

How it was run

Official notice

Run through: ProContract (Due North) · Who buys & how to bid on ProContract

Supplier login requiredLanguage: EN

Access & registration note: Free · short registration with manual review; public opportunity list

Submission deadline: 16 Aug 2024, 12:00 BST
Submission channel: {"electronicSubmission","written"}
Accepted languages: en
Bids opened: 16 Aug 2024, 17:00 BST

Detailed submission instructions & authority contactsFrom official release

procontract.due-north.com ↗

Timeline

8 Jul 2024 → 16 Aug 2024 · 3 dates

Notice published
8 Jul 2024, 14:22 BST
Submission deadline
16 Aug 2024, 12:00 BST
Bids opened
16 Aug 2024, 17:00 BST

Contracting authority & participating public bodies

THE UNIVERSITY OF WESTMINSTER

Contracting authorityEducationBody governed by public lawEducation GB-COH: 00977818 309 Regent Street, LONDON, London, W1B2HWContact email, phone Published organisation website ↗

Dispute resolution & review bodies

University of WestminsterReview body London

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

Economic and financial selection criteriatenderEconomic and financial selection criteria
Technical selection criteriatenderTechnical selection criteria