Published date: 5 December 2023

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 2 October 2023, 12pm

Contract summary

Industry

  • Internal audit services - 79212200

Location of contract

London

Value of contract

£0 to £18,000

Procurement reference

Legal Services Board

Published date

5 December 2023

Closing date

2 October 2023

Closing time

12pm

Contract start date

1 April 2024

Contract end date

31 March 2027

Contract type

Service contract

Procedure type

Open procedure (below threshold)

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

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

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

The Legal Services Board (LSB) is looking to appoint a suitably qualified third party to undertake internal audit services. As a public body, we are required to have a service as part of our overall governance arrangements and - as a very small organisation - we do not have in-house audit capability. We are looking for a supplier who can work in partnership with LSB managers to deliver the core audit brief to a high standard. The current provider is Crowe LLP. A service provider is expected to be appointed effective from the 1 April 2024.
Please contact Ethan Fleming, Corporate Governance Manager, tenders@legalservicesboard.org.uk, if you have any questions or require any clarification. Enquiries received after the deadline for questions may not be answered. A summary of the questions received and LSB's response will be published on Contracts Finder.
The Legal Services Board is the independent body responsible for overseeing the regulation of lawyers in England and Wales. In all our work, we seek to promote the eight regulatory objectives set out in the Legal Services Act 2007. We share our regulatory objectives with the 'approved regulators' of the legal profession, each of which have direct responsibility for the day-to-day regulation of the different types of lawyers.
Our strategy for the legal services sector outlines our vision to reshape legal services to better meet society's needs.
The LSB is an arm's length body of the Ministry of Justice, funded by a levy on the legal sector. Details on the Board and LSB's governance, including terms of reference for committees and governance policies are available on the LSB website.
The LSB has a small office in central London, near Tottenham Court Road. Since the pandemic, the LSB has been operating on a hybrid basis.
LSB will require independent assurance about:
• corporate governance;
• risk management;
• performance, operations and delivery;
• key financial and operational controls;
• IT ;
• human resources;
• management information and information security;
• fraud, error and whistleblowing policies;
• project and programme management; and
• change management.
The provider will draft and agree with the LSB an internal audit strategy for the period of the contract. The strategy will be broken into an annual plan each year. The successful bidder will provide an internal audit service in accordance with the annual internal audit plan for the financial years 2024/25, 2025/26 and 2026/27. At the end of each year the provider will prepare a written annual report and opinion and present it to the LSB's Audit and Risk Assurance Committee (ARAC).
Additionally, the provider will be required to attend and to present reports at the LSB's ARAC meetings (currently virtual).
Full details may be found in the ITT attached to this notice

More information

Previous notice about this procurement

Internal Audit Services

  • Opportunity
  • Published 15 August 2023

Attachments

Award information

Awarded date

17 November 2023

Contract start date

1 April 2024

Contract end date

31 March 2027

Total value of contract

£17,820

This contract was awarded to 1 supplier.

Crowe LLP

Address

55 Ludgate Hill, London EC4M 7JW

Reference

No reference - partnership

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Ethan Fleming

Address

2 Dyott Street
LONDON
WC1A 1DE
United Kingdom

Email

tenders@legalservicesboard.org.uk