Find a TenderAwarded
Published 11 Oct 2023, 14:32 BST

Official UK procurement notice

The provision of Internal audit services to The Cambridge Housing Society and its subsidiary Companies

Official notice

Authority: THE CAMBRIDGE HOUSING SOCIETY LTD (Public body)

ServicesOpen procedure
Budget not disclosedValue not published
Submissions closed 12 Oct 2023awarded 22 Dec 2023
Awarded to TIAA Ltd

What is being bought

Published requirement description

The Cambridgeshire Housing Society Ltd are inviting qualified bidders to tender for providing internal audit services.

CPV: Internal audit services

The lotProcurement structure

single lot · no lot value published
Lot #1The provision of internal audit services providing assurances for 3 yearsAwardedRenewal
Delivery: East of England
Extensions: The contract shall start from 1st April 2024 and will be for a period of 36 months/3 financial years, with an option to extend by a further period of up to 24 months/2 financial years at CHS's sole discretion. · The contact shall start from 1 April 2024 and will be for a period of 36 months/3 years, with an option to extend by a further period of 24 months/2 years. Alternatively the contract may run for a period of 48 months/4 years, with an option to extend by a further period of 12 months/1 year.Variant 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
Price: 100%
Published sub-criteria (2)
  • Tender Response / Weighting: 60%
  • Price / Weighting: 40%
Published award criteria (2)
  • Tender Response / Weighting: 60
  • Price / Weighting: 40
What this means for your bid
  • Price carries 100 of 100 points: a 10% discount moves about 10 points. This one is won on the number: sharpen the price before polishing the prose.

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

Procedure terms & legal framework

From the official record
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
Unspecified in notice
Recurring procurement
Yes
First published
11 Oct 2023, 14:32 BST
Last source update
9 Jul 2024, 16:52 BST
FTS notice number
2024/S 000-020967
Classification (CPV)
Internal audit services
Delivery area
East of England (UKH12)
Official registry OCID
ocds-h6vhtk-040b19 Find a Tender

How it was run

Official notice
Submission deadline
12 Oct 2023
Submission channel
{"written"}
Accepted languages
en
Participation fee
document

Timeline

12 Oct 2023 → 9 Jul 2024 · 2 dates
  1. Submission deadline
    12 Oct 2023
  2. Notice published
    9 Jul 2024, 16:52 BST

Notice history

2 events · 2 releases on Find a Tender · since 9 Jul 2024
  1. Status changed to complete
    9 Jul 2024, 16:52 BST
  2. Procurement method changed
    9 Jul 2024, 16:52 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Bids received 4
Contracts signed 1latest 22 Dec 2023
Awarded toValueDateStatus
TIAA LtdSME——Awarded

Contracts

  • Contract 020967-2024-1 · TIAA LtdSME

    Signed
    22 Dec 2023
    Value
    —
    Status
    active

Bid statistics published by the authority

LotBidsSMEVCSEValid bid range
The provision of internal audit services providing assurances for 3 years4bids · 4 electronic——£81,000 – £111,780
Whole notice———£81,000 – £158,400

Contracting authority & participating public bodies

THE CAMBRIDGE HOUSING SOCIETY LIMITED

Contracting authorityPublic bodyBody governed by public lawHousing and community amenities GB-MPR: 10457R Endurance House,Chivers Way, Histon, CAMBRIDGE, East of England, CB249ZRContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • The High Court of England and WalesReview body London

Bidders & participating suppliers

1 commercial party on the notice
  • TIAAAwarded supplierGB-COH: 04546319 Fareham, South East, PO14 1AH

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.