# External Assessment of Internal Audit

> A sourced UK public sector contract award published by Pension Protection Fund.

## Key facts

- Buyer: [Pension Protection Fund](/buyers/pension-protection-fund/contract-awards)
- Supplier: Independent Audit
- Award value: £58,300
- Tender value: £58,300
- Award date: 20 January 2021
- Published: 24 February 2021
- Contract start: 1 February 2021
- Contract end: 31 July 2021
- Stage: awarded
- Procurement category: services
- Notice ID: 993590df-ca04-46cf-bdb1-a7183d91422a-415354
- OCID: ocds-b5fd17-2a2e2b54-e9b5-4b25-bdd8-8652fb8f468c

## Description

The PPF were looking for a consultancy firm to perform an external quality assessment of its Internal Audit function\. The objectives of the assessment are to evaluate whether IA conforms to Public Sector Internal Audit Standards \("PSIAS"\), to review its impact on the organisation and to identify actions for continuous improvement\. The assessment should conform with HM Treasury's recommended approach to carrying out internal and external quality assessments, which is set out in its Internal Audit Quality Assessment Framework \(IAQAF\):

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/993590df-ca04-46cf-bdb1-a7183d91422a-415354)