Statutory Audit and Multi-Specialty Audit Services
Introduction
The Statutory Audit and Multi-Specialty Audit Services framework is administered by the NHS London Procurement Partnership. This framework falls under the Financial Services category and is designed to support NHS organisations in maintaining high standards of governance and accountability. Although the framework does not operate as a Dynamic Purchasing System (DPS), it provides a structured and compliant procurement route for various audit services. The framework is divided into multiple lots, each catering to specific auditing needs, ensuring that public funds are managed responsibly and public services are delivered effectively.
Context & Use Case
This framework is crucial for NHS organisations seeking to uphold financial integrity and transparency. Contracting authorities utilise this framework to access a broad spectrum of audit services, which are essential for compliance with statutory requirements and for fostering trust in public sector financial management. The framework's services are tailored to meet the diverse and complex auditing needs of NHS bodies, helping them navigate regulatory landscapes and improve operational efficiency. By leveraging this framework, public sector entities can ensure that their financial practices align with legal standards and organisational objectives.
Scope of Services
The Statutory Audit and Multi-Specialty Audit Services framework encompasses a wide range of services, segmented into distinct lots to address specific requirements. These include: 1. Lot 1: External Audit - Providing independent assessments of financial statements to ensure accuracy and compliance with accounting standards. 2. Lot 2: Internal Audit - Offering evaluations of internal controls and risk management processes to enhance operational efficiency. 3. Lot 3: Counter Fraud Services - Delivering strategies and measures to detect, prevent, and investigate fraudulent activities. 4. Lot 4: Internal Audit & Counter Fraud Services - Combining internal audit and counter fraud expertise to provide comprehensive oversight. 5. Lot 5: Workforce Investigation Services - Conducting investigations into workforce-related issues to maintain workplace integrity. 6. Lot 7: Local Security Management Specialists - Providing expertise in managing and improving security measures within NHS facilities. 7. Lot 8: Consultancy Audit and Financial Services - Offering advisory services to enhance financial governance and strategic planning.
Who Can Apply
The framework is open to a variety of suppliers, particularly those with expertise in audit, finance, fraud prevention, and security management. This includes both large firms and specialised service providers capable of delivering high-quality audit services. Although it is not a DPS, which allows for continuous application, interested suppliers should ensure they meet the requirements set out by the NHS London Procurement Partnership at the time of application.
Buyer Benefits
For public sector buyers, this framework offers a compliant, efficient, and reliable procurement route for acquiring audit services. It facilitates a competitive environment by providing access to multiple suppliers, thereby ensuring value for money. Additionally, the framework supports faster procurement processes, enabling NHS organisations to respond promptly to audit and governance needs. By adhering to the framework, buyers can be confident in their compliance with procurement regulations while benefiting from expert services that enhance financial oversight and risk management.
Lots
Lot 1: External Audit This lot covers services related to external auditing. Lot 2: Internal Audit This lot includes services for conducting internal audits. Lot 3: Counter Fraud Services This lot provides services aimed at countering fraud. Lot 4: Internal Audit & Counter Fraud Services This lot combines services for internal auditing and counter fraud. Lot 5: Workforce Investigation Services This lot involves services for investigating workforce-related issues. Lot 6: Not Awarded This lot was not awarded. Lot 7: Local Security Management Specialists This lot covers services from specialists in local security management. Lot 8: Consultancy Audit and Financial Services This lot includes consultancy services for audit and financial matters.
Next Steps
Suppliers interested in participating in this framework should thoroughly review the specific requirements and ensure they align with the criteria set by the NHS London Procurement Partnership. Direct contact with the contracting authority is advised for detailed information on application processes and deadlines.
How Biddable Can Help
Biddable supports suppliers by offering resources and expertise to navigate public sector frameworks effectively. Our services facilitate the discovery of relevant opportunities, assist in preparation for application, and provide visibility into procurement pipelines. By leveraging Biddable's insights, suppliers can enhance their readiness and strategic approach to engaging with frameworks like the Statutory Audit and Multi-Specialty Audit Services.