Financial Services Compensation Scheme: Internal Audit Services

UK-London: Internal audit services.


Preliminary Questions
   This notice is for prior information only: Yes
   This notice aims at reducing time-limits for receipt of tenders: No
   This notice is a call for competition: No
         
Section I: Contracting Authority

I.1) Name and addresses:
       Financial Services Compensation Scheme
       Beaufort House, 15 St. Botolph Street, London, EC3A 7QU, United Kingdom
       Tel. +44 2073758197, Email: Procurement@fscs.org.uk
       Contact: Jean Mutudza
       Main Address: www.fscs.org.uk
       NUTS Code: UKI4
      Specifications and additional documents: As Above
I.2) Joint procurement:
   The contract involves joint procurement: No.
   The contract is awarded by a central purchasing body: No .

I.3) Communication          
   Further information can be obtained from: the above mentioned address

I.4) Type of the contracting authority    
   Body governed by public law
I.5) Main activity:    
   Economic and financial affairs

Section II: Object
      
II.1) Scope of the procurement - 1
   II.1.1) Title: Internal Audit Services    
          Reference number: FSCS416
   II.1.2) Common Procurement Vocabulary:       
      79212200 - Internal audit services.
   II.1.3) Type of contract: SERVICES
   II.1.4) Short description:    
      The FSCS is looking to appoint a Service Provider for the provision of Internal Audit Services.

This successful Service Provider will be expected to deliver a proactive, risk-based internal audit service. The Service Provider will be prepared to challenge existing processes and support management in identifying efficiencies and driving change without undue risk, as well as opining on the wider assurance approach.

The Financial Services Compensation Scheme intend to undertake the procurement exercise in the last quarter of 2021, with contract expected to start in the new financial year in April 2022.          
   II.1.5) Estimated total value: Not Provided
   II.1.6) Information about lots:
      This contract is divided into lots: No          
      Maximum number of lots that may be awarded to one tenderer: Not Provided       
      The contracting authority reserves the right to award contracts combining the following lots or groups of lots: Not Provided

II.2) Lot Description    
   II.2.3) Place of performance:       
      Region Codes:               
         UKI4 - Inner London – East    
   II.2.4) Description of the procurement:       
      Delivery of a proactive risk-based internal audit service, prepared to challenge existing processes and support management in identifying efficiencies and driving change without undue risk, as well as opining on the wider assurance approach.
•Plan proposed annual audit
•Work with FSCS’ risk and resilience team to deliver assurance and focus on the areas most relevant to FSCS
•development of internal audit strategy and / or methodologies
•advice, benchmarking and external good practice on governance
•Communicate effectively throughout the progress of an audit with key stakeholders
•specialist internal audit assurance and advisory service e.g. IT/IS audit
•use of own internal audit methodology and quality assurance process
•producing reports and working papers
•act as the Scheme’s trusted advisors on matters of governance, risk management and assurance frameworks
•draw on experience and research covering both the public and private sector    
   II.2.14) Additional information       
      Not Provided


II.3) Estimated Date of publication
         22/10/2021
      
      
Section IV: Procedure   

IV.1) Description       
   IV.1.8) Information about Government Procurement Agreement (GPA )
         The contract is covered by the Government Procurement Agreement (GPA) - YES

Section VI: Complementary Information    
VI.3) Additional Information:       
   To view this notice, please click here:
https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=627047709
GO-2021917-PRO-18928414 TKR-2021917-PRO-18928413        

VI.5) Date Of Dispatch Of This Notice: 17/09/2021