Awarded without open competition
Awarded without open competition. The buyer went directly to one or a few suppliers instead of advertising the contract. Procurement rules allow this only in specific cases, such as extreme urgency, when only one supplier can do the work, or for call-offs from an existing framework.
Key facts
- Buyer
- St Basils · Housing association
- Supplier
- TIAA Ltd
- Value
- £42,000
- Procedure
- Award procedure without prior publication of a call for competition
- Sector
- Business services · Internal audit services (CPV 79212200)
- Region
- North East
- Official notice
- 038041-2026 on Find a Tender
- Timeline
-
- Contract date26 Feb 2026
- Published27 Apr 2026Published 60 days after the contract date
Description
To provide an independent, risk-based internal audit service to the buyer for an initial period of 3 years, with the option to extend for a further 2 years. The procured supplier will start providing services for the 2026/27 financial year, with the first audit fieldwork being completed by the end of June 2026 (Q1). The internal audit service will cover all operational and business functions of the buyer and will be planned by the supplier according to a sector specific risk assessment. The expectation is 4-5 audits per year, with no more than 2 audits occurring in each quarter. The fieldwork days for each audit is expected to be between 2-4 days, depending on the audit area.
About the supplier
TIAA Ltd: every public contract they have won, plus their Companies House record (company 04546319).