Internal Audit Support - No Interest Loan Scheme

Concepts

• auditing services
• nils
• internal audit support
• provider of internal audit support
• interest loan scheme
• nils pilot
• multi-party funding arrangements
• nils product development
• market engagement
• small-scale proof of concept

Location

United Kingdom:

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.

Total Quantity or Scope

Please see tender documents

Renewal Options

Renewals will depend on the future of NILS

CPV Codes

• 79212000 - Auditing services

Indicators

• This is a recurring contract.
• Renewals are available.
• Professional qualifications are sought.
• Technical restrictions apply.

Other Information

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. ** PREVIEW NOTICE, please check Find a Tender for full details. **