Regulation Assurance

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Value

£0

Classifications

  • Accounting and auditing services

Tags

  • award
  • contract

Published

3 weeks ago

Description

Procurement Scope:
Yorkshire Water (YWS) is seeking expressions of interest to establish a framework agreement for third-party consultancy services in Regulatory Assurance.
This framework aims to ensure compliance with regulatory requirements by delivering robust, accurate, complete, and transparent performance data to Ofwat. The primary deliverables include:
• Assurance of the Annual Performance Report (APR) and Periodic Review (PR).
• Assurance of regulatory charges.
• Ad-hoc assurance and reporting requests.

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Provision of an Internal Audit Service

Social Care Wales is inviting tenders from experienced internal audit providers to deliver high-quality, independent assurance and advisory services. As part of our governance arrangements and Board Assurance Framework, internal audit plays a vital role in evaluating the effectiveness of our financial and operational controls, risk management, and compliance. We operate within a robust governance model aligned with the three lines of defence, and our internal audit function is essential to supporting the Accounting Officer in fulfilling their responsibilities, including the preparation of the annual Governance Statement. The successful supplier will be expected to demonstrate full compliance with the latest professional standards, including the Global Internal Audit Standards (GIAS), the International Professional Practices Framework (IPPF), and the IIA’s Code of Ethics. We require a service that is not only technically proficient but also collaborative, with strong communication and reporting practices. The internal audit programme will cover a wide range of organisational activities, from governance and financial controls to workforce regulation and environmental responsibilities, ensuring comprehensive coverage and strategic insight. We are committed to continuous improvement and value for money and expect our internal audit partner to support us in achieving these goals. This includes delivering a risk-based audit plan, maintaining a robust Quality Assurance and Improvement Programme (QAIP), and providing timely, actionable reports. Suppliers must also be able to operate effectively in a hybrid working environment and support our bilingual ethos in line with Welsh Language Standards. Through this pre-engagement session, we aim to foster a shared understanding of expectations and encourage innovative approaches to delivering assurance that aligns with our strategic priorities.

Katy Reed

Published 1 week ago

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