Appointment of Internal Audit Services

Concepts

• internal audit
• portsmouth
• internal audit services
• audit committees
• key external and internal influences
• the public sector internal audit standards
• a comprehensive risk-based internal audit service
• audit
• internal
• business risks

Location

Description

This tender will be jointly awarded by the National Museums of the Army, Royal Air Force and Royal Navy, the latter is leading this tender process. The overall objective is to select a Supplier that gives high confidence of delivering the expected benefits to be derived from the Services on time, on budget and to the required quality. The National Museums requires suppliers that are partners to their businesses by adding strategic value and giving assurance in delivering the agreed outcomes in support of the National Museums' strategies. The successful Supplier is required to deliver a comprehensive risk-based internal audit service to each of the National Museums that meets the Public Sector Internal Audit Standards, delivering an objective, independent appraisal of activities, including the governance structure and all levels of management. The Supplier will be expected to: Work with the Service Leads and Audit Committees to develop rolling three-year risk-based internal audit strategies and plans which outline the programme of work for each National Museum. This must be flexible to reflect business risks and respond to key external and internal influences. The internal audit plans will include an evaluation of the arrangements in place to: • Establish and monitor the achievement of organisational objectives; • Identify, test and evaluate key systems and controls ensuring they are relevant, appropriate and effective; • Identify, assess and manage risks; • Assess compliance with policies, laws and regulations; • Ascertain the integrity and reliability of financial and other information provided to the management and stakeholders; and • Ascertain that systems of control are laid down and operate to promote the economic, efficient and effective use of resources and to safeguard assets. Full specification can be found in Annex A of the ITT Documentation. Clarification Questions for Responses must be sent to the NMRN Tenders Inbox at tenders@nmrn.org.uk

CPV Codes

• 79212200 - Internal audit services

Indicators

• Contract is suitable for SMEs.

Other Information

Open Procedure ITT Document. Please complete Annex D-E-F in full and return it as part of your submission pack. NMRN ITT [Open] Version5- Tri Service Internal Audit 2023.docx NMRN Guidance and FAQs for Suppliers- Tri-Service Internal Audit 2023.pdf Draft contract for viewing, considerations for this contract must be sent as part of the clarification period NMRN Std Terms and Conditions- Sample Copy.pdf