Invitation to tender for the Provision of Quality Monitoring Services

Wales Audit OfficecontractFind a TenderRef ocds-h6vhtk-037bb932014L0024closed for bids
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Estimated value

services

Awarded value

Suppliers

0

Lots

1

0 awarded

Published

24 Oct 2022

Deadline 29 Nov 2022

Description

The following core services will be provided by the prospective supplier: - one cold file review per audit of accounts director for each year of the contract (if let) (ordinarily four to five reviews per annum), to include emphasis both on compliance with standards and on audit efficiency; - one cold file review per performance audit director for each year of the contract (if let) (ordinarily three reviews per annum), to include emphasis both on compliance with standards, audit efficiency and impact; - review of the system of quality management under ISQM 1; - advice on good practice and cutting-edge developments in audit methodology and quality.

Scope

Reference
ocds-h6vhtk-037bb9
Commercial tool
Standalone contract
Contract dates

2 x 12 months

Main category
services
CPV classifications
72225000
Contract locations
Wales

Award criteria

Criteria the buyer will use to evaluate bids.

NameDescriptionTypeWeighting
Evidence of your organisations experience of undertaking cold file reviews of audits carried out in accordance with International Standards30quality
Evidence of your organisation’s experience of undertaking whole of firm review work, in accordance with ISQM 1 and ISQC 120quality
Detail of your organisation’s experience of providing training support on audit quality issues10quality
30price

Submission & procedure

Submission deadline
29 Nov 2022, 2:00 pm
Submission address
https://www.sell2wales.gov.wales/
Procedure
Open procedure