Internal Audit Services for Government Internal Audit Agency (GIAA)

Tender description

Government Internal Audit Agency (GIAA) (referred to hereafter as the Authority) had a requirement for external expertise and flexible support to assist in the delivery of internal audit and related assurance services. Government Internal Audit Agency (GIAA) (Authority) on behalf of HM Treasury (HMT) has established a Framework Agreement for the provision of Internal Audit Services for GIAA and other UK Central Government Departments and their Arms Length Bodies (ALB’s), for an initial period of three (3) years with the option to extend for a further one (1) year period. The primary objective of the procurement was to combine the knowledge and expertise of GIAA with that of the successful third party providers in an effective, efficient and economic way. In addition, Suppliers will be providing advice to GIAA on best practice and up to date technology and techniques and the further enhancement of GIAA and of its audit methodology. HMT aims to deliver the best possible Internal Audit Service to its Central Government clients. There are five key (but not exclusive) scenarios for calling off work: - Full annual internal audit; - Specialist work; - Individual time-limited work; Thematic work, for example across the UK or across client entities. Work may be called off in the form of single pieces of work or multiple orders. Suppliers are required to provide services overseas under this Framework Agreement. A detailed description of the Services that the Suppliers are required to supply under this Framework Agreement were set out in full in Part A (Services) of Framework Schedule 2 of the ITT.