Contract award · 6 Aug 2026

Co-Sourcing Internal Audit Partner - Award Notice

Financial Ombudsman Service awarded “Co-Sourcing Internal Audit Partner - Award Notice” to KPMG for £2.5m on 6 Aug 2026.

Business servicesLondon

Value £2.5m
WinnerKPMG

Competition with a shortlist

Competitive procedure with a selection stage: suppliers were shortlisted before being invited to bid.

Key facts

Buyer
Financial Ombudsman Service · Body governed by public law
Supplier
KPMG
Value
£2,500,000
Procedure
Call-off from a framework agreement
Sector
Business services · Internal audit services (CPV 79212200)
Region
London
Timeline
  1. Contract date6 Aug 2026
  2. Published20 Oct 2026Published 75 days after the contract date

Description

The Financial Ombudsman Service has awarded a demand-led call-off contract under the CCS Framework RM6310, Audit and Assurance Services Two, Lot 1, for the provision of internal audit co-sourcing services. The contract is for an initial term of 3 years, with the option to extend by up to two further periods of 1 year each (total 5 years aggregate). The contract will support delivery of the internal audit plan by providing access to specialist assurance capability where additional expertise or capacity is required.

About the supplier

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