Internal Audit Support - No Interest Loan Scheme

  • FAIR4ALL FINANCE LIMITED

F14: Notice for changes or additional information

Notice identifier: 2022/S 000-004256

Procurement identifier (OCID): ocds-h6vhtk-031676

Published 15 February 2022, 10:48am



Section one: Contracting authority/entity

one.1) Name and addresses

FAIR4ALL FINANCE LIMITED

2nd Floor 28 Commercial Street

London

E16LS

Contact

Gary Stephens

Email

procurement@fair4allfinance.org.uk

Telephone

+44 7484130029

Country

United Kingdom

NUTS code

UKI42 - Tower Hamlets

Internet address(es)

Main address

www.fair4allfinance.org.uk

Buyer's address

https://fair4allfinance.marketdojo.com/events/91189


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Internal Audit Support - No Interest Loan Scheme

two.1.2) Main CPV code

  • 79212000 - Auditing services

two.1.3) Type of contract

Services

two.1.4) Short 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.

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.


Section six. Complementary information

six.6) Original notice reference

Notice number: 2022/S 000-004059


Section seven. Changes

seven.1) Information to be changed or added

seven.2) Other additional information

Please note - the correct location of the tender documents is: https://fair4allfinance.marketdojo.com/users/sign_in