Internal Audit Support - No Interest Loan Scheme
Buyer: FAIR4ALL FINANCE LIMITED →
What is being bought
Please note this is a reissue of the tender due to a clerical error on budget range. The previous publication reference was 2021/S 000-031015. Fair4All Finance is seeking a provider of internal audit support to enable us to appoint a partner who can work with us to implement appropriate mechanisms to manage the funds we receive to deliver the NILS pilot in compliance with the various agreements. Our requirement for this work arises out of the multi-party funding arrangements for NILS, the principal contributor to which is Treasury (HMT) and where contributions are also expected from the Devolved Administrations, and, potentially, from other co-funders. We have commenced a market engagement on our plans for ahead of formally procuring this scheme from November 2021 with lending commencing in approximately September 2022 across six locations in England (three); Wales, Northern Ireland and Scotland. NILS product development is already underway, and we have a small-scale proof of concept (POC) also commencing delivery in December 2021/January 2022. Please see the detailed market engagement pack (Appendix 1) for information about the pilot on which we are seeking input from lenders as potential bidders in parallel to procuring this work to support the lender(s) we eventually appoint. The procurement is live on our website at https://fair4allfinance.org.uk/invitations-to-tender/ Please note, the maximum budget figure will only be realised if additional ad-hoc investment audit support and/or internal audit work are required. Please read the documents to ensure you fully understand the requirements.
Categories
Comparable-procurement analytics
Benchmarked against retained Find a Tender procedures with CPV division 79. The category anchor is Auditing services (79212000); this is a deliberately broad market comparator. The comparison is shown at several levels rather than pretending one company or region is always the best benchmark.
| Comparison set | Procedures | Reported bids per procedure | Named award suppliers | Price evidence |
|---|---|---|---|---|
| Market: CPV division 79 | 13,742 | 4 median · 30.9 average (5,805 of 13,742 with a bid count) | 3.2 average (6,511 of 13,742 with named award suppliers) | 1 comparable price pairs |
| Same buyer | 2 | Not published | Not published | Not published |
“Reported bids” is an official aggregate, sometimes reported per lot; it is the closest available competition measure. “Named award suppliers” are winners, not all applicants.
Price-outcome signal
Not enough comparable procedures currently publish both a GBP tender value and a usable lowest-valid-bid value to calculate a responsible price-reduction benchmark. Tenderline deliberately does not infer a saving from named award suppliers or from missing award values.
Procurement strategy & market signals
Planning & early market engagement
No planning milestones published.
Related procurements
No linked framework, prior procurement or reprocurement published.
Documents & submission route
No documents are published in the current source record.
Source data inventory
Diagnostic view. “Not published” means this current release does not provide a value.
| OCID | ocds-h6vhtk-031676 |
|---|---|
| Latest release ID | 004256-2022 |
| Latest release timestamp | Tue Feb 15 2022 10:48:56 GMT+0000 (Coordinated Universal Time) |
| Source | find-a-tender |
| Official notice URL | Not published |
| Tender status | Not published |
| Procurement method | Not published |
| Procurement method details | Not published |
| Main procurement category | services |
| Above threshold | Not published |
| Legal basis | 32014L0024 |
| Tender period: start | Not published |
| Tender period: end | Not published |
| Expression of interest deadline | Not published |
| Enquiry deadline | Not published |
| Award period: start | Not published |
| Award period: end | Not published |
| Submission method details | Not published |
| Submission languages | Not published |
| Electronic catalogue policy | Not published |
| Total tender value | Not published |
| Tender lots in source | 0 |
| Tender items in source | 0 |
| Tender documents in source | 0 |
| Awards in latest release | 0 |
| Contracts in latest release | 0 |
| Parties in latest release | 1 |
Notice history
| Date | Event | Reference |
|---|---|---|
| 15 Feb 2022 | tenderUpdate | 004256-2022 |
| 11 Feb 2022 | tender | 004059-2022 |
All source data
Unmodified official OCDS data retained by Tenderline for this procurement process.
Complete current OCDS release JSON
{
"id": "004256-2022",
"tag": [
"tenderUpdate"
],
"date": "2022-02-15T10:48:56Z",
"ocid": "ocds-h6vhtk-031676",
"buyer": {
"id": "GB-FTS-28571",
"name": "FAIR4ALL FINANCE LIMITED"
},
"tender": {
"id": "ocds-h6vhtk-031676",
"title": "Internal Audit Support - No Interest Loan Scheme",
"amendments": [
{
"id": "1",
"description": "Please note - the correct location of the tender documents is: https://fair4allfinance.marketdojo.com/users/sign_in"
}
],
"legalBasis": {
"id": "32014L0024",
"scheme": "CELEX"
},
"description": "Please note this is a reissue of the tender due to a clerical error on budget range. The previous publication reference was 2021/S 000-031015. \nFair4All Finance is seeking a provider of internal audit support to enable us to appoint a partner who can work with us to implement appropriate mechanisms to manage the funds we receive to deliver the NILS pilot in compliance with the various agreements. \nOur requirement for this work arises out of the multi-party funding arrangements for NILS, the principal contributor to which is Treasury (HMT) and where contributions are also expected from the Devolved Administrations, and, potentially, from other co-funders.\nWe have commenced a market engagement on our plans for ahead of formally procuring this scheme from November 2021 with lending commencing in approximately September 2022 across six locations in England (three); Wales, Northern Ireland and Scotland. \nNILS product development is already underway, and we have a small-scale proof of concept (POC) also commencing delivery in December 2021/January 2022. \nPlease see the detailed market engagement pack (Appendix 1) for information about the pilot on which we are seeking input from lenders as potential bidders in parallel to procuring this work to support the lender(s) we eventually appoint. The procurement is live on our website at https://fair4allfinance.org.uk/invitations-to-tender/\nPlease note, the maximum budget figure will only be realised if additional ad-hoc investment audit support and/or internal audit work are required. Please read the documents to ensure you fully understand the requirements.",
"classification": {
"id": "79212000",
"scheme": "CPV",
"description": "Auditing services"
},
"mainProcurementCategory": "services"
},
"parties": [
{
"id": "GB-FTS-28571",
"name": "FAIR4ALL FINANCE LIMITED",
"roles": [
"buyer"
],
"address": {
"region": "UKI42",
"locality": "London",
"postalCode": "E16LS",
"countryName": "United Kingdom",
"streetAddress": "2nd Floor 28 Commercial Street"
},
"details": {
"url": "http://www.fair4allfinance.org.uk",
"buyerProfile": "https://fair4allfinance.marketdojo.com/events/91189"
},
"identifier": {
"legalName": "FAIR4ALL FINANCE LIMITED"
},
"contactPoint": {
"name": "Gary Stephens",
"email": "procurement@fair4allfinance.org.uk",
"telephone": "+44 7484130029"
}
}
],
"language": "en",
"initiationType": "tender"
}Complete JSON history (2 releases)
15 Feb 2022 · 004256-2022 · tenderUpdate
{
"id": "004256-2022",
"tag": [
"tenderUpdate"
],
"date": "2022-02-15T10:48:56Z",
"ocid": "ocds-h6vhtk-031676",
"buyer": {
"id": "GB-FTS-28571",
"name": "FAIR4ALL FINANCE LIMITED"
},
"tender": {
"id": "ocds-h6vhtk-031676",
"title": "Internal Audit Support - No Interest Loan Scheme",
"amendments": [
{
"id": "1",
"description": "Please note - the correct location of the tender documents is: https://fair4allfinance.marketdojo.com/users/sign_in"
}
],
"legalBasis": {
"id": "32014L0024",
"scheme": "CELEX"
},
"description": "Please note this is a reissue of the tender due to a clerical error on budget range. The previous publication reference was 2021/S 000-031015. \nFair4All Finance is seeking a provider of internal audit support to enable us to appoint a partner who can work with us to implement appropriate mechanisms to manage the funds we receive to deliver the NILS pilot in compliance with the various agreements. \nOur requirement for this work arises out of the multi-party funding arrangements for NILS, the principal contributor to which is Treasury (HMT) and where contributions are also expected from the Devolved Administrations, and, potentially, from other co-funders.\nWe have commenced a market engagement on our plans for ahead of formally procuring this scheme from November 2021 with lending commencing in approximately September 2022 across six locations in England (three); Wales, Northern Ireland and Scotland. \nNILS product development is already underway, and we have a small-scale proof of concept (POC) also commencing delivery in December 2021/January 2022. \nPlease see the detailed market engagement pack (Appendix 1) for information about the pilot on which we are seeking input from lenders as potential bidders in parallel to procuring this work to support the lender(s) we eventually appoint. The procurement is live on our website at https://fair4allfinance.org.uk/invitations-to-tender/\nPlease note, the maximum budget figure will only be realised if additional ad-hoc investment audit support and/or internal audit work are required. Please read the documents to ensure you fully understand the requirements.",
"classification": {
"id": "79212000",
"scheme": "CPV",
"description": "Auditing services"
},
"mainProcurementCategory": "services"
},
"parties": [
{
"id": "GB-FTS-28571",
"name": "FAIR4ALL FINANCE LIMITED",
"roles": [
"buyer"
],
"address": {
"region": "UKI42",
"locality": "London",
"postalCode": "E16LS",
"countryName": "United Kingdom",
"streetAddress": "2nd Floor 28 Commercial Street"
},
"details": {
"url": "http://www.fair4allfinance.org.uk",
"buyerProfile": "https://fair4allfinance.marketdojo.com/events/91189"
},
"identifier": {
"legalName": "FAIR4ALL FINANCE LIMITED"
},
"contactPoint": {
"name": "Gary Stephens",
"email": "procurement@fair4allfinance.org.uk",
"telephone": "+44 7484130029"
}
}
],
"language": "en",
"initiationType": "tender"
}11 Feb 2022 · 004059-2022 · tender
{
"id": "004059-2022",
"tag": [
"tender"
],
"date": "2022-02-11T16:50:54Z",
"ocid": "ocds-h6vhtk-031676",
"buyer": {
"id": "GB-FTS-28571",
"name": "FAIR4ALL FINANCE LIMITED"
},
"tender": {
"id": "ocds-h6vhtk-031676",
"lots": [
{
"id": "1",
"status": "active",
"renewal": {
"description": "Renewals will depend on the future of NILS"
},
"hasOptions": false,
"hasRenewal": true,
"description": "Please see tender documents",
"contractPeriod": {
"durationInDays": 1800
},
"submissionTerms": {
"variantPolicy": "notAllowed"
}
}
],
"items": [
{
"id": "1",
"relatedLot": "1",
"deliveryAddresses": [
{
"region": "UK"
}
]
}
],
"title": "Internal Audit Support - No Interest Loan Scheme",
"value": {
"amount": 1000000,
"currency": "GBP"
},
"status": "active",
"coveredBy": [
"GPA"
],
"documents": [
{
"id": "economic",
"documentType": "economicSelectionCriteria"
},
{
"id": "technical",
"documentType": "technicalSelectionCriteria"
}
],
"bidOpening": {
"date": "2022-03-15T09:00:00Z"
},
"legalBasis": {
"id": "32014L0024",
"scheme": "CELEX"
},
"awardPeriod": {
"startDate": "2022-03-15T09:00:00Z"
},
"description": "Please note this is a reissue of the tender due to a clerical error on budget range. The previous publication reference was 2021/S 000-031015. \nFair4All Finance is seeking a provider of internal audit support to enable us to appoint a partner who can work with us to implement appropriate mechanisms to manage the funds we receive to deliver the NILS pilot in compliance with the various agreements. \nOur requirement for this work arises out of the multi-party funding arrangements for NILS, the principal contributor to which is Treasury (HMT) and where contributions are also expected from the Devolved Administrations, and, potentially, from other co-funders.\nWe have commenced a market engagement on our plans for ahead of formally procuring this scheme from November 2021 with lending commencing in approximately September 2022 across six locations in England (three); Wales, Northern Ireland and Scotland. \nNILS product development is already underway, and we have a small-scale proof of concept (POC) also commencing delivery in December 2021/January 2022. \nPlease see the detailed market engagement pack (Appendix 1) for information about the pilot on which we are seeking input from lenders as potential bidders in parallel to procuring this work to support the lender(s) we eventually appoint. The procurement is live on our website at https://fair4allfinance.org.uk/invitations-to-tender/\nPlease note, the maximum budget figure will only be realised if additional ad-hoc investment audit support and/or internal audit work are required. Please read the documents to ensure you fully understand the requirements.",
"tenderPeriod": {
"endDate": "2022-03-14T13:00:00Z"
},
"hasRecurrence": true,
"classification": {
"id": "79212000",
"scheme": "CPV",
"description": "Auditing services"
},
"submissionTerms": {
"languages": [
"en"
],
"bidValidityPeriod": {
"durationInDays": 90
}
},
"submissionMethod": [
"electronicSubmission"
],
"procurementMethod": "open",
"selectionCriteria": {
"criteria": [
{
"type": "suitability",
"appliesTo": [
"supplier"
],
"description": "See tender documents"
},
{
"type": "technical",
"description": "See tender documents"
}
]
},
"mainProcurementCategory": "services",
"submissionMethodDetails": "https://fair4allfinance.marketdojo.com/events/91189",
"procurementMethodDetails": "Open procedure"
},
"parties": [
{
"id": "GB-FTS-28571",
"name": "FAIR4ALL FINANCE LIMITED",
"roles": [
"buyer"
],
"address": {
"region": "UKI42",
"locality": "London",
"postalCode": "E16LS",
"countryName": "United Kingdom",
"streetAddress": "2nd Floor 28 Commercial Street"
},
"details": {
"url": "http://www.fair4allfinance.org.uk",
"buyerProfile": "https://fair4allfinance.marketdojo.com/events/91189",
"classifications": [
{
"id": "BODY_PUBLIC",
"scheme": "TED_CA_TYPE",
"description": "Body governed by public law"
},
{
"id": "04",
"scheme": "COFOG",
"description": "Economic affairs"
}
]
},
"identifier": {
"legalName": "FAIR4ALL FINANCE LIMITED"
},
"contactPoint": {
"url": "https://fair4allfinance.marketdojo.com/events/91189",
"name": "Gary Stephens",
"email": "procurement@fair4allfinance.org.uk",
"telephone": "+44 7484130029"
}
},
{
"id": "GB-FTS-28572",
"name": "Fair4All Finance Limited",
"roles": [
"reviewBody"
],
"address": {
"locality": "London",
"countryName": "United Kingdom"
},
"identifier": {
"legalName": "Fair4All Finance Limited"
}
}
],
"language": "en",
"initiationType": "tender"
}