Section one: Contracting authority
one.1) Name and addresses
Water Industry Commission for Scotland
Moray House, Forthside Way
Stirling
FK8 1QZ
enquiries@watercommission.co.uk
Telephone
+44 01786430200
Country
United Kingdom
NUTS code
UKM72 - Clackmannanshire and Fife
Internet address(es)
Main address
Buyer's address
https://www.publiccontractsscotland.gov.uk/search/Search_AuthProfile.aspx?ID=AA10543
one.2) Information about joint procurement
The contract is awarded by a central purchasing body
one.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge, at
www.publiccontractsscotland.gov.uk
Additional information can be obtained from the above-mentioned address
Tenders or requests to participate must be submitted electronically via
www.publiccontractsscotland.gov.uk
one.4) Type of the contracting authority
Body governed by public law
one.5) Main activity
Other activity
Economic regulation
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Provision of internal audit services
two.1.2) Main CPV code
- 79212200 - Internal audit services
two.1.3) Type of contract
Services
two.1.4) Short description
The provision of internal audit services to a small, non-departmental public body
two.1.5) Estimated total value
Value excluding VAT: £325,000
two.1.6) Information about lots
This contract is divided into lots: No
two.2) Description
two.2.2) Additional CPV code(s)
- 79212200 - Internal audit services
two.2.3) Place of performance
NUTS codes
- UKM77 - Perth & Kinross and Stirling
two.2.4) Description of the procurement
The internal audit function will be required to (i) analyse the governance, risk management and internal control system and establish a risk-based assurance programme; (ii) identify and evaluate the controls which are established to achieve objectives in the most economical, effective and efficient manner; (iii) report findings and conclusions and, where appropriate, make recommendations for improvement; (iv) provide an opinion on the controls under review; and (v) provide assurance based on evaluating the governance, risk management and internal control system within the organisation as a whole.
For each year from 1 April to 31 March the following year, the internal audit team will be responsible for proposing a programme of work and submitting it for approval to the ARC that focuses on areas of specific business risk that WICS faces regularly. This focus will include compliance with internal and external WICS regulations, particularly in line with the Scottish Public Finance Manual (SPFM).
Annual audit assurance is provided to the Accountable Officer through the professional opinion of the Head of Internal Audit (or equivalent) on the adequacy and effectiveness of the organisation's governance, risk management, and internal control systems.
The internal audit team will be expected to attend ARC meetings, where they will present an annual work plan for approval, the scope and findings of work conducted by the internal audit team and an annual audit report and opinion. The Head of the Internal Audit team should be available to the Chair of the ARC to discuss any matters of concern.
two.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
two.2.6) Estimated value
Value excluding VAT: £325,000
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months
36
This contract is subject to renewal
Yes
Description of renewals
Subject to Scottish Government approval, the contract may be extended by three periods of one year.
two.2.10) Information about variants
Variants will be accepted: No
two.2.11) Information about options
Options: No
two.2.13) Information about European Union Funds
The procurement is related to a project and/or programme financed by European Union funds: No
Section three. Legal, economic, financial and technical information
three.1) Conditions for participation
three.1.1) Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers
List and brief description of conditions
Internal audit providers with staff holding certifications like Chartered Internal Auditor (CIA), Chartered Accountant (CA), Chartered Institute of Public Finance and Accountancy (CIPFA), Certified Public Accountant (CPA) and Certified Information Systems Auditor (CISA) and experience in public sector auditing. The organisation and its auditors should be members of the Institute of Internal Auditors (IIA).
three.2) Conditions related to the contract
three.2.3) Information about staff responsible for the performance of the contract
Obligation to indicate the names and professional qualifications of the staff assigned to performing the contract
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Open procedure
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: Yes
four.2) Administrative information
four.2.2) Time limit for receipt of tenders or requests to participate
Date
16 September 2024
Local time
12:00pm
four.2.4) Languages in which tenders or requests to participate may be submitted
English
four.2.6) Minimum time frame during which the tenderer must maintain the tender
Tender must be valid until: 12 March 2025
four.2.7) Conditions for opening of tenders
Date
16 September 2024
Local time
12:00pm
Section six. Complementary information
six.1) Information about recurrence
This is a recurrent procurement: No
six.3) Additional information
NOTE: To register your interest in this notice and obtain any additional information please visit the Public Contracts Scotland Web Site at https://www.publiccontractsscotland.gov.uk/Search/Search_Switch.aspx?ID=775369.
The buyer has indicated that it will accept electronic responses to this notice via the Postbox facility. A user guide is available at https://www.publiccontractsscotland.gov.uk/sitehelp/help_guides.aspx.
Suppliers are advised to allow adequate time for uploading documents and to dispatch the electronic response well in advance of the closing time to avoid any last minute problems.
(SC Ref:775369)
Download the ESPD document here: https://www.publiccontractsscotland.gov.uk/ESPD/ESPD_Download.aspx?id=775369
six.4) Procedures for review
six.4.1) Review body
Stirling Sheriff Court and Justice of the Peace Court
Stirling
Country
United Kingdom