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Open TenderValue not disclosed

Internal Audit Support - No Interest Loan Scheme

services

Contract Details

Tender Value
£153,000
Stage
Open Tender
Published

Timeline

Disclosed
Start
End

Description

Fair4All Finance is seeking a provider to deliver internal audit support to ensure that our delivery of the No Interest Loans Scheme (NILS) is compliant with the various funding agreements we enter into to finance the scheme. In addition it's expected that this supplier will support us on other ad-hoc internal audit required within Fair4All Finance. Our requirement for this work arises out of the multi-party funding arrangements for NILS, the principal contributor to which is HM Treasury and where contributions are also expected from the Devolved Administrations, and, potentially, from other co-funders. We have commenced a market engagement on our plans for NILS ahead of formally procuring this scheme from November 2021 with lending commencing in approximately September 2022 across six locations in England (three) and one in Wales, Northern Ireland and Scotland.

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