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Competitive Contract Award Notice

Associated Parent Notice
CompetitiveContractNotice - GB-Nottingham: Internal Audit Service
1. Title: GB-Nottingham: Internal Audit Service
2. Awarding Authority:
Nottingham City Homes (Company Registration Number 5292636)
Beechdale Court Offices, Beechdale Road, Nottingham, NG8 3LH, United Kingdom
Tel. 0115 8762090, Fax. 0115 8762092, Email:
Contact: Eunice Walker
3. Contract Type: Services

4. Description: Internal audit services. Nottingham City Homes invites you to tender for the provision of an internal audit service for which it see the general purpose being to:

┐ Provide an internal audit needs assessment, strategy and annual audit plan reporting each to Audit Committee;
┐ Contribute effectively to the control of risk through the identification and evaluation of risk;
┐ Undertake a continuous rolling programme of accounting, financial and other audit reviews, targeted at the Company┐s key risk areas, within agreed timescales;
┐ Appraise and report upon the adequacy, suitability and reliability of the Company┐s internal control framework and related controls systems;
┐ Provide advice to management on the adequacy of internal controls when systems are to be changed/developed;
┐ Regularly review the Company┐s arrangements for the prevention and detection of fraud;
┐ Provide regular reports and updates on progress with the internal audit plan;
┐ Attend and report to Members at all Audit Committee meetings;
┐ Provide training for Audit Committee members when requested; and
┐ Provide investigative services when requested.

In order to provide assurance the Internal Auditor is expected to perform its work to identify whether:

┐ The client organisation┐s objectives are achieved;
┐ There is economical and efficient use of resources;
┐ There is compliance with adequate policies, procedures as well a as legislation and laws and regulations; and
┐ Assets and interests are properly controlled and safeguarded from losses ┐ notably fraud.

This list is not exhaustive and is intended as an initial guide to Nottingham City Homes┐ requirements. Nottingham City Homes expect the appointed Internal Auditor to fully assess the Company┐s internal control environment and key risks it is exposed to and subsequently propose an annual programme of audits to the Audit Committee as part of the 3 year Audit Strategy.

In order to provide management with comfort across all areas of the business, the following have been identified as core audits required:

┐ Budgetary Control and Financial Reporting
┐ Financial Systems (including HR Payroll)
┐ Health & Safety
┐ Information Technology and Systems
┐ Governance and Anti-Fraud Arrangements
┐ Risk Management
┐ Rents and Cash Collection
┐ Voids, Allocations and Lettings
┐ Repairs service
┐ Procurement and Contracts
┐ Asset Management and Capital Programme

The following areas are not covered by this proposal:

┐ Housing services retained and managed by Nottingham City Council i.e. those parts of the Housing Revenue Account (HRA) which are not delegated to Nottingham City Homes.
5. CPV Codes:
79212200 - Internal audit services.

6. NUTS Codes :
UKF14 - Nottingham

7. Main Site or Location of Works, Main Place of Delivery or Main Place of Performance: Nottingham,
8. Reference Attributed by the Awarding Authority: NCH0085
9. Awarded to:

Nottingham City Council
Loxley House, Station Street, Nottingham, NG2 3NG
Value Cost:
Is Awardee likely to subcontract?: No Awarded to SME?: No
10. Date of Contract Award: 08/04/2014
11. Number of Tenders Received: 6
12. Other Information:
Other Information: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement, and the contract will be awarded on the basis of the most economically advantageous tender.
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