Official UK procurement notice
Internal Audit · TIAA Ltd for ST BASILS (Apr 2026)
Authority: ST BASILS
What is being bought
Published requirement descriptionInternal audit services.
CPV: Internal audit services
The lotProcurement structure
single lot · no lot value publishedLot #1To provide an independent, risk-based internal audit service to the buyer for an…Awarded
To provide an independent, risk-based internal audit service to the buyer for an initial period of 3 years, with the option to extend for a further 2 years.
The procured supplier will start providing services for the 2026/27 financial year, with the first audit fieldwork being completed by the end of June 2026 (Q1).
The internal audit service will cover all operational and business functions of the buyer and will be planned by the supplier according to a sector specific risk assessment. The expectation is 4-5 audits per year, with no more than 2 audits occurring in each quarter. The fieldwork days for each audit is expected to be between 2-4 days, depending on the audit area.
Procedure terms & legal framework
From the official record- Procedure method
- Award procedure without prior publication of a call for competition
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Awarded without competition
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Direct award (no call for competition)
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- Unspecified in notice
- First published
- 27 Apr 2026, 13:28 BST
- Last source update
- 27 Apr 2026, 13:28 BST
- Authority reference
25.11.01- FTS notice number
2026/S 000-038041- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-068ba1Find a Tender
- Why no open competition
- The procurement falls outside the scope of application of the directive
- Published justification
The Crown Commercial Services framework was used for the procurement of internal audit services. This is due to the pre-vetting of suitable suppliers to deliver the service. Competition was invited from all suitable suppliers under the relevant lot of the Audit & Assurance framework.
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| TIAA LtdSME | £42,000 † | — | Awarded |
Contracts
Contract 038041-2026-1 · TIAA LtdSME
- Signed
- 26 Feb 2026
- Value
- £42,000
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 3bids | — | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- St Basils - the BuyerReview body
Bidders & participating suppliers
1 commercial party on the notice- TIAA LtdAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.