Internal Audit Services - Adra and Grwp Cynefin

Adra Tai Cyfyngedig (“Adra”) and Grŵp Cynefin are two separate housing associations based in north Wales. We are currently exploring our options for the future provision of our internal audit services, including whether a joint procurement approach would be beneficial. To help us determine our next steps, we welcome early engagement from suitably experienced internal audit providers to help us understand market interest, capacity and views on the proposed approach.
If a joint procurement is pursued, it is anticipated that each housing association would enter into separate contracts with the successful provider.
Adra: Adra is North Wales’ largest housing association, providing more than 7,500 quality, affordable homes and services to people in housing need across the region, while supporting the culture and heritage of the communities it serves; it is a charitable registered society regulated by the Welsh Government. Adra is seeking a suitably qualified and experienced provider to deliver an independent, objective and collaborative internal audit service focused on its core governance, service delivery, financial risks and internal controls, supporting both its landlord activities and wider priorities such as decarbonisation, development and growth. The anticipated requirement is approximately 40 days per year and will include recurring compliance and data integrity audits, selected strategic audits in key risk areas, cyclical follow-up of recommendations, development of the Internal Audit Strategy and Annual Audit Plan, timely reporting on individual audits, an annual assurance opinion, limited desktop compliance and data integrity testing within landlord health and safety areas, and attendance at relevant Board or Committee meetings where required. Whilst much of the contract specification could be delivered remotely, there will at times be an expectation for relevant representatives to occasionally attend the office or locations throughout North Wales. This may...