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Published 6 Apr 2022, 07:59 BST

Official UK procurement notice

YPO - 001127 Internal Audit, External Audit, Assurance, and Counter Fraud Services

Official notice

Authority: YPO (Public body)

Framework agreement3 lotsServicesOpen procedure
Sectors: Business Services & Consultancy (79) Delivery: UK
Framework ceiling (notional)£50,000,000total for 3 lots · framework ceiling, not attributable revenue
Submissions closed 22 Dec 2023awarded 26 Apr 2024
Lots 3see the lot list below
Framework period 4 yrsends 29 Feb 2028 · extension options published · starts 1 Mar 2024

What is being bought3 lots · detail below

Published requirement description

Framework Agreement for the provision of Internal Audit, External Audit, Assurance, and Counter Fraud Investigation Services. The Framework is designed to meet the needs of all public sector organisations which includes YPO’s internal requirements.

  • Recurrence: There is a possibility that this framework will be renewed after 3.5 years from the commencement date.

CPV: Auditing services · Financial auditing services · Fraud audit services · Internal audit services

How this framework works

From the published notice
Bids received
9 bids on the busiest of 2 lots · 10 suppliers appointed
Framework period
4 yrs from 1 Mar 2024

Lots and requirements (3)Procurement structure

3 lots · no lot values published · same evaluation weights on every lot
Lot #1External AuditCancelledRenewal 4 yrs

The provision of an external audit service to determine if a Contracting Authority’s financial

statements:

i) are a true and fair reflection of their financial affairs and are, as a whole, free of

misstatement,

ii) have been prepared, in all material respects, in accordance with the applicable financial

reporting framework, and

iii) assess that the Contracting Authority’s ability to continue as a going concern and

whether the use of the going concern basis of accounting is appropriate

Contract period: 1 Mar 2024 – 29 Feb 2028 (4 yrs)
Delivery: UK
Extensions: The Framework Agreement will cover the period from 08/05/2024 to 07/05/2026 with two options to extend for 12 months each (subject to an annual review, incorporating price amendments in line with Consumer Price Index or as advised by CIPFA and KPI performance). The first decision to extend the contract period will take place on 1st March 2025 and will be dependent on satisfactory completion of all aspects of the contract to date, the current market conditions for this category and YPO’s contracting structures. The maximum contract period will therefore be 4 years, from 08/05/2024 to 07/05/2028 (subject to an annual review, incorporating price negotiations and KPI performance). · There is a possibility that this framework will be renewed after 3.5 years from the commencement date.Variant bids: not allowed
79212100 Financial auditing services
Lot #2Internal Audit and AssuranceAwardedRenewal 4 yrs

The Framework Agreement will cover the period from 08/05/2024 to 07/05/2026 with two options to extend for 12 months each (subject to an annual review, incorporating price amendments in line with Consumer Price Index or as advised by CIPFA and KPI performance).

The first decision to extend the contract period will take place on 1st March 2025 and will be

dependent on satisfactory completion of all aspects of the contract to date, the current market conditions for this category and YPO’s contracting structures. The maximum contract period will therefore be 4 years, from 08/05/2024 to 07/05/2028 (subject to an annual review, incorporating price negotiations and KPI performance).

Contract period: 1 Mar 2024 – 29 Feb 2028 (4 yrs)
Delivery: UK
Extensions: The Framework Agreement will cover the period from 08/05/2024 to 07/05/2026 with two options to extend for 12 months each (subject to an annual review, incorporating price amendments in line with Consumer Price Index or as advised by CIPFA and KPI performance). The first decision to extend the contract period will take place on 1st March 2025 and will be dependent on satisfactory completion of all aspects of the contract to date, the current market conditions for this category and YPO’s contracting structures. The maximum contract period will therefore be 4 years, from 08/05/2024 to 07/05/2028 (subject to an annual review, incorporating price negotiations and KPI performance). · There is a possibility that this framework will be renewed after 3.5 years from the commencement date.Variant bids: not allowed
79212200 Internal audit services
Lot #3Counter Fraud Investigation ServicesAwardedRenewal 4 yrs

For both proactive and reactive counter fraud investigation services. Providers must be able

to evaluate Contracting Authorities’ risk of fraud and suggest improvements where

necessary, and also be able to mitigate active fraud scenarios where the Contracting

Authority has become a victim of fraud.

Contract period: 1 Mar 2024 – 29 Feb 2028 (4 yrs)
Delivery: UK
Extensions: The Framework Agreement will cover the period from 08/05/2024 to 07/05/2026 with two options to extend for 12 months each (subject to an annual review, incorporating price amendments in line with Consumer Price Index or as advised by CIPFA and KPI performance). The first decision to extend the contract period will take place on 1st March 2025 and will be dependent on satisfactory completion of all aspects of the contract to date, the current market conditions for this category and YPO’s contracting structures. The maximum contract period will therefore be 4 years, from 08/05/2024 to 07/05/2028 (subject to an annual review, incorporating price negotiations and KPI performance). · There is a possibility that this framework will be renewed after 3.5 years from the commencement date.Variant bids: not allowed
79212400 Fraud audit services

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 · same split on all 3 lots
Quality: 60%Price: 20%Environmental: 20%
Published sub-criteria (3)
  • Quality: 60%
  • price: 20%
  • Sustainability: 20%
Published award criteria (3)
  • Quality: 60%
  • Sustainability: 20%
  • Price: 20%
Conditions of participation1
  • Suitability

    Organisations must ensure that they are not in breach of any of the mandatory or discretionary exclusions contained in Regulation 57 of the Public Contracts Regulations 2015. Please refer to the

    Tender Documentation/ Online Tender located on our E-Procurement system. The web address can be found under ‘Procurement Documents’ in ‘Communication’ section in this notice.

What this means for your bid
  • Price carries 20 of 100 points: a 10% discount moves about 2 points. The method statement decides this lot, not the discount.
  • “YPO - 001127 Internal Audit, External Audit, Assurance, and Counter…” is a framework: the contest is a place on its panel, not a single contract.

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
Framework agreement
Who may use this agreement
Not stated in the notice; call-off rights may be limited to the establishing authority
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
Yes · There is a possibility that this framework will be renewed after 3.5 years from the commencement date.
First published
6 Apr 2022, 07:59 BST
Last source update
16 May 2024, 13:30 BST
Award evaluation window
22 Dec 2023 – …
Authority reference
001127
FTS notice number
2024/S 000-015572
Classification (CPV)
Auditing servicesFinancial auditing servicesFraud audit servicesInternal audit services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-032a7e Find a Tender
Contract terms
Performance terms

Please refer to the Framework Agreement Terms and Conditions located on our E-Procurement system. The web address can be found under Procurement Documents in ‘Communication’ Section in this notice.

Publisher note: YPO are purchasing on the behalf of other contracting authorities. Please see the below link for details: https://www.ypo.co.uk/about/customers/permissible-users . YPO will incorporate a standstill period at the point of notification of the award of the contract is provided to all bidders. The standstill period will be for a minimum of 10 calendar days, and provides time for unsuccessful tenderers to challenge the award decision before the contract is entered into. The Public Contracts Regulations 2015 provide for aggrieved parties who have been harmed or are at risk of harm by a breach of the rules to take action in the High Court (England, Wales and Northern Ireland).

How it was run

Official notice
Run through: ProContract (Due North) · Who buys & how to bid on ProContract
Supplier login requiredLanguage: EN
Access & registration note: Free · short registration with manual review; public opportunity list
Appointment period ends
22 Dec 2023, 17:00 GMT
Submission channel
{"electronicSubmission"}
Accepted languages
en
Bid validity
90 days from the deadline
Bids opened
22 Dec 2023, 17:00 GMT
Detailed submission instructions & authority contactsFrom official release

procontract.due-north.com ↗

Timeline

30 Sept 2022 → 16 May 2024 · 5 dates
  1. Next notice expected
    30 Sept 2022, 00:00 BST
  2. Admission / appointment period endsperiod end, not a bid countdown
    22 Dec 2023, 17:00 GMT
  3. Bids opened
    22 Dec 2023, 17:00 GMT
  4. Contract starts
    1 Mar 2024
  5. Notice published
    16 May 2024, 13:30 BST

Notice history

4 events · 3 releases on Find a Tender · since 3 Nov 2023
  1. Status changed to active
    3 Nov 2023, 08:32 GMT
  2. Procurement method changed
    3 Nov 2023, 08:32 GMT
  3. Deadline published: 22 Dec 2023, 17:00 GMT
    3 Nov 2023, 08:32 GMT
  4. Status changed to complete
    16 May 2024, 13:30 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Suppliers appointed 10admitted to the panel · see the list ↓
Bids received 9busiest of 2 lots
Contracts signed 2latest 26 Apr 2024

2 suppliers are admitted to this framework without individual award values or dates, see the supplier list below.

Contracts

All 2 of these contracts carry the same published figure, £50,000,000, the framework's maximum for the whole notice, not each contract's own value. They are not eleven separate sums.

  • Internal Audit and Assurance

    Signed
    26 Apr 2024
    Value
    ceiling above
    Period
    … – 29 Feb 2028
    Status
    active

  • Counter Fraud Investigation Services

    Signed
    26 Apr 2024
    Value
    ceiling above
    Period
    … – 29 Feb 2028
    Status
    active

Bid statistics published by the authority

LotBidsSMEVCSEValid bid range
2 · Internal Audit and Assurance9bids———
3 · Counter Fraud Investigation Services7bids———

Contracting authority & participating public bodies

YPO

Contracting authorityPublic bodyBody governed by public lawGeneral public services 41 Industrial Park, Wakefield, Yorkshire & Humber, WF2 0XEContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • High Court of England and WalesReview body London

Framework contractors & participating bidders

10 commercial parties on the notice

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