Internal Audit Co-Sourcing Services

Description

EirGrid has a Head of Internal Audit whose role includes the preparation of the annual Internal Audit Plan, the management of Internal Audit engagements and the provision of independent assurance to the applicable Board via the Audit and Risk Committee (or alternative committee where appropriate) on the operations of the systems of internal control, governance and risk management. EirGrid are seeking to secure support the undertaking of Internal Audit engagements under the direction of the Head of Internal Audit, to prepare Draft Internal Audit Reports, provide advice on Internal Audit related matters and to support assurance related activities within EirGrid. The Framework Agreement period will be for an initial duration of 3 years with an option to extend annually for up to a further 5 years (8 years in total) subject always to the satisfactory performance of the supplier. Lot 1: EirGrid has a Head of Internal Audit whose role includes the preparation of the annual Internal Audit Plan, the management of Internal Audit engagements and the provision of independent assurance to the applicable Board via the Audit and Risk Committee (or alternative committee where appropriate) on the operations of the systems of internal control, governance and risk management. EirGrid are seeking to secure support the undertaking of Internal Audit engagements under the direction of the Head of Internal Audit, to prepare Draft Internal Audit Reports, provide advice on Internal Audit related matters and to support assurance related activities within EirGrid. The Framework Agreement period will be for an initial duration of 3 years with an option to extend annually for up to a further 5 years (8 years in total) subject always to the satisfactory performance of the supplier. This Procurement process is now completed. The estimated contract value is taking into account the contract being extended for the additional 5 years.