Published date: 24 November 2025

Open opportunity - This means that the contract is currently active, and the buying department is looking for potential suppliers to fulfil the contract.


Closing: 14 January 2026, 12pm

Contract summary

Industry

  • Internal audit services - 79212200

  • Fraud audit services - 79212400

Location of contract

M1 5JW

Value of contract

£500,000 to £600,000

Procurement reference

GC26 - 011-155

Published date

24 November 2025

Closing date

14 January 2026

Closing time

12pm

Contract start date

1 April 2026

Contract end date

31 March 2031

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?

Yes

Description

The Growth Company (GC) is seeking to appoint a provider of co-sourced internal audit services.

GC wishes to appoint an Internal Audit co-sourced provider for the purpose of providing independent, risk based objective assurance, advice, insight and foresight. The service will complement GC's existing in-house Internal Audit provision, aiming to widen the areas of specialist expertise available to our in-house team. GC may also commission additional consultancy activity, for example in relation to relative legislative changes.

We are looking for a provider who can demonstrate a clear risk-based approach to their audits, who will provide a suitably experienced and qualified audit team to ensure that audits are robust and provide commercially and operationally viable recommendations to be considered.

There are a number of objectives that we require for the delivery of the contract:
1) Robust Risk Based Service - Maintain a high service quality delivering required assurance levels to Board and Audit and Risk Committee members.
2) Increased Value - Utilising specialist skills to address core business risks, including the use of analytic techniques and technological innovation where appropriate.
3) Increased Scope - Enhance risk, governance and controls management, with emphasis on leveraging specialist expertise and strengthening organisational capabilities.
4) Flexible and Pragmatic Approach - Ability to flex with operational demands in a fast-paced environment.
5) Collaboration and Transparency - Work alongside our internal team and create opportunities for learning and development of GC internal team.

To apply for this tender opportunity, please register as a supplier on the Panacea Supplier Platform at the following web address: https://app.panacea-software.com/growth

Once you have accessed the site, to view the opportunity you need to navigate to 'Register Interest', click the 'Participate' Button, then navigate to 'My Questionnaires' where you will be able to download the documents. Your tender submission must be made on the Panacea Portal.

ALL the relevant tender documents are included within the 'Response' section of the Questionnaire. You can add these individually or utilise a Zip folder to submit your response. Once uploaded, this will allow you to 'Submit' your bid.

The documents contain instructions and information for your tender, including specification of requirements, and the key assessment and evaluation criteria that will be used to assess offers.

The deadline for submission of the required documents is at 12:00pm on Wednesday 14th January 2026.

More information

Links

How to apply

Follow the instructions given in the description or the more information section.

About the buyer

Contact name

Marc Ripley

Address

Lee House
Manchester
M15JW
England

Email

marc.ripley@growthco.uk