Published date: 23 January 2019

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Closing: 29 March 2019

Contract summary

Industry

  • Internal audit services - 79212200

Location of contract

South West

Value of contract

£40,000 to £150,000

Procurement reference

1366Falmouth

Published date

23 January 2019

Closing date

29 March 2019

Contract start date

3 June 2019

Contract end date

3 June 2022

Contract type

Service contract

Procedure type

Open procedure (above threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements above the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

The successful tenderer shall enter into a contractual relationship with both Falmouth University and Falmouth Exeter Plus for the provision of internal audit services.
Falmouth University is a Higher Education Corporation incorporated under the Further and Higher Education Act 1992. Under its governing document and conditions of funding, it is required to 'have a suitably resourced internal audit function which must comply with the professional standards of the Chartered Institute of Internal Auditors'. This tender seeks to procure those services.
At the same time, internal audit services for the University's joint venture company, Falmouth Exeter Plus, are also being procured. Falmouth Exeter Plus is a company jointly owned with the University of Exeter and is a company limited by guarantee.

The successful provider will assist the University in ensuring a robust governance environment through a systematic, disciplined and balanced approach to the evaluation of the effectiveness of the financial and internal controls, risk management and other governance processes, recognising that these should be proportionate to the scale and nature of the University's business.

The contract will commence on 1st August 2019 and will operate for a period of three years in the first instance with an option, exercisable by the University, to extend the contract by agreement for a further two year period.

The successful bidder will be required to present a draft three year audit strategy and draft annual audit plan covering 2019/20 to the University Audit Committee in April 2019.

More information

Attachments

Links

Additional text

ITT made available to Bidders Wednesday 23rd January 2019
Date by which Bidders will need to submit clarifications (if raised) Friday 22nd March 2019 at 12.00pm Mid-day

Deadline for receipt of Tender
Friday 29th March 2019 at 12.00pm mid-day

Shortlisted Bidders Notified W/C 08th April 2019

Presentation Stage
Thursday 25th April 2019

Preferred Bidders chosen (subject to contract) W/C 27th May 2019

About the buyer

Contact name

Rob Holmes

Address

Penryn Campus
PENRYN
TR109FE
England

Telephone

01326 253504

Email

procurement@fxplus.ac.uk