Published date: 7 January 2022

Last edited date: 7 January 2022

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: 7 February 2022, 11:59pm

Contract summary

Industry

  • Legal services - 79100000

  • Accounting, auditing and fiscal services - 79200000

  • Investigation and security services - 79700000

    • Miscellaneous business and business-related services - 79900000

Location of contract

SW1A 2EG

Value of contract

£15,000

Procurement reference

WFD_OPS_ITT01/22

Published date

7 January 2022

Closing date

7 February 2022

Closing time

11:59pm

Contract start date

28 February 2022

Contract end date

31 March 2025

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

WFD wishes to procure the services of a supplier to provide independent and objective internal audit and assurance services, together with related consulting activity, on the effectiveness of governance, risk management and controls in line with Public Sector Internal Audit Standards, the Government Functional Standard for Internal Audit, and any other applicable standards, including any guidance issued by the Government Internal Audit Agency.

The selected supplier will:

(1) Develop, in consultation with WFD management, an internal audit charter, risk-based internal audit strategy for the three-year period, from 1 April 2022 to 31 March 2025, and an annual plan;

(2) Share progress reports with the quarterly meeting of the Board's Audit & Risk Assurance Committee and liaise with the internal audit department of WFD's parent department the Foreign, Commonwealth & Development Office as required;

(3) Offer regular insights to WFD's Accounting Officer and the Audit & Risk Assurance Committee and an annual audit opinion for the purposes of WFD's Annual Report & Accounts; and

(4) Provide assurance on governance, risk management and controls including but not limited to: the systems and processes underpinning WFD's network and platform operations, information and communication technology, finance, commercial, people and culture, facilities management, and policy development and programme delivery, via commissioned internal audits or advisory assignments in accordance with the agreed strategy and plan.

WFD reserves the right to either contract the selected supplier independently, on WFD standard terms and conditions of services, or to enter into a call-down order contract with a preferred supplier listed under Lot 1 of the Crown Commercial Service framework agreement RM6188 Audit and Assurance Services.

The anticipated annual value of this contract in the first year is estimated as c.£15,000. This may be subject to review for the second and third years, subject to available funding.

Further detailed information on how to apply can be found in the Invitation to Tender document.

More information

Attachments

Links

About the buyer

Contact name

Chris Lane

Address

22 Whitehall
London
SW1A 2EG
England

Email

procurement@wfd.org

Website

www.wfd.org