The Provision of Audit Services

Tender description

Plymouth Marjon University are seeking bidders for two Audit Providers Lot 1 - Internal Audit an Assurance Lot 2 - External Audit Both Contracts will be for an initial period of three years with option to extend by a further two, one year periods. Lot 1: Lot 1 - Internal Audit and Assurance University of St Mark & St John (The University) requires a contractor to provide Internal Audit services under a three year Contract, with the option extend by a further two one year periods. The audit will include an audit report for 2021/2 and the subsequent Financial Years (August to June) The internal audit service is required to fulfill the requirements of the Office For Students (OfS), and meet the specifications of this document. The internal audit service will cover the whole internal control system of the institution, including all its operations, resources, staff and services and responsibilities for and to other bodies. It will also cover controls established by management to secure economic, efficient and effective use of resources. The internal audit service will not question the appropriateness of the policy decisions. However, the internal audit service will be required to examine the management arrangements of the institution by which such decisions are made, monitored and reviewed. The internal audit service will conduct any special reviews requested by the University Board of Governors, Audit Committee or via the Vice Chancellor's office provided such reviews do not compromise their objectivity, independence or achievement of the audit plan. The internal audit service will be responsible for reporting and giving assurance to the University Board of Governors, the Audit Committee and the managers of the institution on the adequacy and effectiveness of the internal control systems. The internal audit service will provide a continuous independent appraisal of all of the University's activities as a service to management. Additional information: The University is in the process of implementing a new e-tendering platform. Unfortunately, the implementation will not be completed in time for this opportunity. Therefore all communications, clarifications, and tender submissions MUST be made / undertaken via tenders@marjon.ac.uk Lot 2: Lot 2 External Audit University of St Mark & St John (The University) requires a contractor to provide External Audit services under a three year Contract, with the option extend by a further two one year periods. The audit will include an audit report for 2021/2 and the subsequent Financial Years (August to June) The external audit service is required to fulfill the requirements of the Office For Students (OfS), and meet the specifications of this document. The University financial year runs from 1 August until 31 July. The Audit Committee considers the year end accounts at their October session, Board approval is sought in November and OFS submission is made in December as required. The University is responsible for the receipt and disbursement of public funds, and ensuring funds provided for a specific purpose do not subsidise other University activity. The University has a subsidiary company Marjon (South West) Limited; the company is currently dormant. Additional information: The University is in the process of implementing a new e-tendering platform. Unfortunately, the implementation will not be completed in time for this opportunity. Therefore all communications, clarifications, and tender submissions MUST be made / undertaken via tenders@marjon.ac.uk