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Contract Award Notice

Internal Audit Service

  • First published: 28 March 2024
  • Last modified: 28 March 2024

The buyer is not using this website to administer the notice.

To record your interest or obtain additional information or documents please find instructions within the Full Notice Text. (NOTE: Contract Award Notices and Prior Information Notices do not normally require a response)

Contents

Summary

OCID:
ocds-kuma6s-137785
Published by:
Life Sciences Hub Wales Ltd
Authority ID:
AA35378
Publication date:
28 March 2024
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
No

Abstract

Life Sciences Hub Wales seeks to procure an Internal Audit Service to deliver a three-year rolling audit plan and Audit Strategy. The intention is to procure a suitably qualified and experienced Internal Auditor (the successful Supplier) to provide a comprehensive Internal Audit Service in accordance with Public Sector Internal Audit Standards to Life Sciences Hub Wales. Life Sciences Hub Wales seeks to procure and implement an internal audit service that, as a minimum expectation, delivers an efficient and effective internal audit programme, but that also provides added-value through the provision of expert and informed insight leveraging the successful Supplier’s experience of both the wider public sector and private industry for the benefit of Life Sciences Hub Wales. The successful Supplier is expected to dispense honest and constructive recommendations, advice and guidance (etc) in response to completed audit activity, as well as providing suggested actions and resolutions / mitigations (etc). It would be advantageous and beneficial should the successful Supplier provide further constructive feedback based on best practice and benchmarking insight attained via previous experience of similar and wider audit activity to ensure tailored audit findings to Life Sciences Hub Wales to ensure effective continuous improvement. The successful Supplier is expected to work with Life Sciences Hub Wales to develop, agree and implement the annual audit plan, to provide proactive advice and guidance with regards to the ongoing audit plan(s) and auditing in general and to provide progress reporting against the Life Sciences Hub Wales Board Assurance Framework (BAF). Full details of the requirement and tender award criteria are presented in the Invitation to Tender document, available via Sell2Wales.

Full notice text

CONTRACT AWARD NOTICE – NATIONAL

SERVICES

1 Authority Details

1.1

Authority Name and Address


Life Sciences Hub Wales Ltd

Operations / Procurement, 3 Assembly Square, Cardiff Bay,

Cardiff

CF10 4PL

UK

Adam James-Price

+44 2920467030


http://www.lifescienceshubwales.com

2 Contract Details

2.1

Title

Internal Audit Service

2.2

Description of the contract

Life Sciences Hub Wales seeks to procure an Internal Audit Service to deliver a three-year rolling audit plan and Audit Strategy.

The intention is to procure a suitably qualified and experienced Internal Auditor (the successful Supplier) to provide a comprehensive Internal Audit Service in accordance with Public Sector Internal Audit Standards to Life Sciences Hub Wales.

Life Sciences Hub Wales seeks to procure and implement an internal audit service that, as a minimum expectation, delivers an efficient and effective internal audit programme, but that also provides added-value through the provision of expert and informed insight leveraging the successful Supplier’s experience of both the wider public sector and private industry for the benefit of Life Sciences Hub Wales.

The successful Supplier is expected to dispense honest and constructive recommendations, advice and guidance (etc) in response to completed audit activity, as well as providing suggested actions and resolutions / mitigations (etc).

It would be advantageous and beneficial should the successful Supplier provide further constructive feedback based on best practice and benchmarking insight attained via previous experience of similar and wider audit activity to ensure tailored audit findings to Life Sciences Hub Wales to ensure effective continuous improvement.

The successful Supplier is expected to work with Life Sciences Hub Wales to develop, agree and implement the annual audit plan, to provide proactive advice and guidance with regards to the ongoing audit plan(s) and auditing in general and to provide progress reporting against the Life Sciences Hub Wales Board Assurance Framework (BAF).

Full details of the requirement and tender award criteria are presented in the Invitation to Tender document, available via Sell2Wales.

2.3

Notice Coding and Classification

79212000 Auditing services
79212200 Internal audit services
1022 Cardiff and Vale of Glamorgan

2.4

Estimated Total Value

3 Procedure

3.1

Type of Procedure

Single stage

4 Award of Contract

4.1

Successful Bidders

4.1.1

Name and Address of successful supplier, contractor or service provider





Tiaa Ltd

Artillery House, Fort Fareham Industrial Site,

Fareham

PO141AH

UK




https://www.tiaa.co.uk/

5 Other Information

5.1

Reference number attributed to the notice by the contracting authority

LSHW/010/2023

5.2

Date of Contract Award

 26-03-2024

5.3

Number of tenders received

1

5.4

Other Information

(WA Ref:140365)

5.5

Additional Documentation

N/a

5.6

Publication date of this notice:

 28-03-2024

Coding

Commodity categories

ID Title Parent category
79212000 Auditing services Accounting and auditing services
79212200 Internal audit services Auditing services

Delivery locations

ID Description
1022 Cardiff and Vale of Glamorgan

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

Document family

Notice details
Publication date:
08 January 2024
Deadline date:
02 February 2024 00:00
Notice type:
Contract Notice
Authority name:
Life Sciences Hub Wales Ltd
Publication date:
28 March 2024
Notice type:
Contract Award Notice
Authority name:
Life Sciences Hub Wales Ltd

About the buyer

Main contact:
N/a
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

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