RFP QuestBeta
ClosedStage · tender

FAIR4ALL FINANCE LIMITED

Internal Audit Support - No Interest Loan Scheme

Business ServicesCPV 79212000
Value£1.0m
Deadline14 Mar 2022
Published11 Feb 2022
RegionNationwide
Timeline
Published 11 Feb 2022ClosedCloses 14 Mar 2022
Who to contact
Gary Stephens
procurement@fair4allfinance.org.uk
+44 7484130029

The procurement contact named on the official notice.

How to submit
Open the submissions portal

The submission route named on the official notice.

Contract value in context
£1.0mtotal contract value
median £66k
this tender£0£1.6m

This is a large award for Business Services — above three-quarters of comparable contracts. Based on 57,319 valued Business Services tenders in our corpus.

When this comes round again

FAIR4ALL FINANCE LIMITED publishes Business Services work continuously — 18 notices, roughly one every 52 days. This is a stream to watch, not a cycle to wait for.

14% of FAIR4ALL FINANCE LIMITED’s awards go to a supplier it has used before.

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The brief

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.

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Source & provenance
OCID
ocds-h6vhtk-031676
Stage
tender · Open
Source
Find a Tender
Buyer ref
004059-2022
View the original notice on Find a Tender

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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