Find a TenderAwarded
Published 27 Oct 2021, 13:15 BST

Official UK procurement notice

Internal Audit Services · TIAA Ltd for Arts Council Of Wales (Oct 2021)

Official notice

Authority: Arts Council Of Wales (Local council)

ServicesOpen procedureSME suitable
Published estimate£150,000exc. VAT
Submissions closed 6 Dec 2021awarded 3 Feb 2022
Awarded to TIAA Ltd

What is being bought

Published requirement description

Internal audit services

CPV: Internal audit services

The lotProcurement structure

single lot · no lot value published
Lot #1Arts Council of Wales wishes to invite Tenders for the supply of services in respect…AwardedRenewal

Arts Council of Wales wishes to invite Tenders for the supply of services in respect of Internal Audit Services.

Please refer to PART 1 for further information Additional information: Please refer to PARTS 1 and 2 for all information

Delivery: UK · Arts Council of Wales, Bute Place, Cardiff, CF10 5AL
Extensions: Allowance for potential extension of 24 monthsVariant bids: not allowed

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 70%Price: 30%
Published award criteria (2)
  • Quality: 70
  • Price: 30
Conditions of participation1
  • Suitability

    Please refer to Invitation to Tender

What this means for your bid
  • Price carries 30 of 100 points: a 10% discount moves about 3 points. The method statement decides this lot, not the discount.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record · publisher note attached
Procedure method
Open procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
No (one-off requirement)
First published
27 Oct 2021, 13:15 BST
Last source update
8 Feb 2022, 11:54 GMT
Award evaluation window
7 Dec 2021 – …
FTS notice number
2022/S 000-003557
Classification (CPV)
Internal audit services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-02f087 Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic payment
Performance terms

Please refer to Invitation to Tender

Publisher note: please refer to the Invitation to Tender for all information (WA Ref:118415)

How it was run

Official notice
Run through: Sell2Wales · Who buys & how to bid on Sell2Wales
Supplier login requiredLanguage: EN, CY
Access & registration note: Free Wales registration; eTenderWales runs on Jaggaer
Submission deadline
6 Dec 2021, 17:00 GMT
Submission channel
{"electronicSubmission"}
Accepted languages
en, cy
Bid validity
120 days from the deadline
Bids opened
7 Dec 2021, 08:00 GMT
Detailed submission instructions & authority contactsFrom official release

Timeline

6 Dec 2021 → 8 Feb 2022 · 3 dates
  1. Submission deadline
    6 Dec 2021, 17:00 GMT
  2. Bids opened
    7 Dec 2021, 08:00 GMT
  3. Notice published
    8 Feb 2022, 11:54 GMT

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    8 Feb 2022, 11:54 GMT

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £150,0001 contract exc. VAT
Bids received 33 from SMEs
Contracts signed 1latest 3 Feb 2022
Awarded toValueDateStatus
TIAA LtdSME£150,000 †—Awarded

Contracts

  • Contract 003557-2022-1 · TIAA LtdSME

    Signed
    3 Feb 2022
    Value
    £150,000
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
3bids · 3 electronic3——

Contracting authority & participating public bodies

Arts Council Of Wales

Contracting authorityLocal CouncilBody governed by public lawRecreation, culture and religion Bute Place, Cardiff, Wales, CF10 5ALContact email, phone Published organisation website ↗

Dispute resolution & review bodies

  • High CourtReview body LondonContact phone

Bidders & participating suppliers

1 commercial party on the notice
  • TIAA LTDAwarded supplier Artillery House, Fort Fareham Industrial Site, Fareham, South East, PO141AH

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

  • Economic and financial selection criteriatenderEconomic and financial selection criteria
  • Technical selection criteriatenderTechnical selection criteria