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WP3162 - Internal Audit & Risk Service

Walsall Council e-Tendering Published 11 Nov 2015 Contracts Finder

key details

Statusactive
Category (CPV) 79212200 +2 more
RegionWest Midlands
Deadline13 Nov 2015
Contract start25 Jan 2016
Contract end24 Jan 2018
Procedureopen
SME suitableNo
OCIDocds-b5fd17-fd39345b-adc8-11e6-9901-0019b9f3037b

description

CCS ConsultancyOne RM 1502 Lot 5.1

The Council is undertaking a further competition evaluation process to obtain an Internal Audit & Risk Service commencing in 2016.

The Council is responsible for establishing and maintaining appropriate risk management processes, control systems, accounting records and governance arrangements. Internal Audit and Risk Management play a vital part in advising the Council that these arrangements are in place and operating effectively.

The role of the Internal Audit and Risk Service is to be an independent, objective assurance and consulting activity designed to add value and improve the Council’s operations. It will help the Council to accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes.

The main areas of Internal Audit and Risk Management responsibility within the Council are to:

1.review, appraise and report on:
the extent to which council assets and interests are accounted for and safeguarded from loss;
the soundness, adequacy and application of internal controls;
the suitability and reliability of financial and other management data, including aspects of performance measurement;
2.devote specific resources to securing value for money within the Council;
3.support high priority corporate initiatives;
4.investigate all reported frauds and irregularities;
5.advise on internal control implications of new systems;
6.provide ad-hoc consultancy, advice and assistance as required.
7.review the Corporate Risk Management Strategy (CRMS) to ensure that it is fit for purpose;
8.regularly review the Corporate Risk Register;
9.provide assurance to the Chief Finance Officer /Chief executive that the system of risk management and identification is suitable and sufficient for the purposes of the Annual Governance Statement; and
10.provide training for Council Officers, Project Managers and Members in the principles and practices of Risk Management

The contract commencement is in 2 Phases:

  1. 25th January 2016 - Produce a 3 year Internal Audit Strategy, Annual Audit Plan and Internal Audit Charter Audit for approval and submission to Audit Committee.
  2. 1st April 2016 - service delivery commences

Additional information: Is a Recurrent Procurement Type? : No https://in-tendhost.co.uk/walsallcouncil/aspx/

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notice history

1 notice published against this procurement.

PublishedTypeRegimeNotice
11 Nov 2015 Tender (tender) · ocds-b5fd17-fd39345b-adc8-11e6-9901-0019b9f3037b-79384-wp3162

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