✓Tender information last checkedLast checked 14 Oct 2026, 17:56.
Opportunity overview
Lifestone Homes Limited wishes to appoint an Internal Audit Service Provider to undertake the provision of internal audit services across the Group. The Contract is intended to commence prior to the start of the 2027/28 financial year to facilitate mobilisation and planning activities required to deliver services from 2027/28 onwards. The Contract will be awarded for an initial three (3) year term, with the option to extend for up to two additional years on a (1 + 1) year basis (3 + 1 + 1) to total five years (5). The scope of services to be delivered under the Contract will be to provide an independent and objective internal audit service to the Group and its subsidiaries, including the delivery of a risk-based internal audit programme, assurance reviews and related advisory services. Services shall be undertaken in accordance with current Global Internal Audit Standards (GIAS) and relevant sector best practice, providing assurance to the Board, Audit and Risk Committee, and Executive Team on the effectiveness of governance, risk management and internal control arrangements.
Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.
The tender will be conducted in two stages. The first stage is the tender submission which will be evaluate the conditions of participation, price and quality questions. After evaluation of this first stage, the three highest scoring tenderers will be shortlisted and invited to the second stage, the remaining companies will be deselected.
The second stage is evaluation of a presentation. Following the presentation, the presentation scores will be combined with the scores from the first stage and the highest scoring tenderer overall will be awarded the contract.
Buyer location · Wooburn Green · UKJ13 · HP10 0DF · United Kingdom
Delivery location · UK · United Kingdom
Notice and amendment history
1 published notice version reviewed by ProcuraAxis.
1 VERSION
1
097196-2026Tender notice on Find a Tender ·
PROCURAAXIS ANALYSIS
ProcuraAxis Analysis
Our approved analysis of the opportunity appears below the official tender information.
ANALYSIS PREVIEW
Opportunity intelligence at a glance
Lifestone Homes Limited is seeking an internal audit service provider for group-wide internal audit services, including a risk-based audit programme, assurance reviews and advisory services. The contract is intended to start before the 2027/28 financial year for mobilisation, with services from 2027/28 onwards.
Who this may suit
Suitable for providers of independent internal audit, assurance and risk advisory services able to work to Global Internal Audit Standards.
Key points identified
Independent internal audit serviceProvide an independent and objective internal audit service to the Group and its subsidiaries.Evidence: “provide an independent and objective internal audit service to the Group and its subsidiaries”
Internal audit standardsServices must be undertaken in accordance with current Global Internal Audit Standards (GIAS) and relevant sector best practice.Evidence: “Services shall be undertaken in accordance with current Global Internal Audit Standards (GIAS) and relevant sector best practice”
Assurance recipientsProvide assurance to the Board, Audit and Risk Committee, and Executive Team.Evidence: “providing assurance to the Board, Audit and Risk Committee, and Executive Team”
94% approved-analysis confidence4 supplier criteria identified2 risks or unknowns
ProcuraAxis structures information found in published procurement records, checks the result for consistency and publishes only approved analysis. Confidence describes the completeness and consistency of the available source information; it is not a guarantee of eligibility or contract award.
Lifestone Homes Limited is seeking an internal audit service provider for group-wide internal audit services, including a risk-based audit programme, assurance reviews and advisory services. The contract is intended to start before the 2027/28 financial year for mobilisation, with services from 2027/28 onwards.
Who this may suit
Suitable for providers of independent internal audit, assurance and risk advisory services able to work to Global Internal Audit Standards.
Key deliverables
Risk-based internal audit programme
Assurance reviews
Related advisory services
Assurance on governance, risk management and internal controls
SUPPLIER REQUIREMENTS
4 criteria identified
Independent internal audit service
99% confidence
Provide an independent and objective internal audit service to the Group and its subsidiaries.
View supporting evidence
“provide an independent and objective internal audit service to the Group and its subsidiaries”
Internal audit standards
99% confidence
Services must be undertaken in accordance with current Global Internal Audit Standards (GIAS) and relevant sector best practice.
View supporting evidence
“Services shall be undertaken in accordance with current Global Internal Audit Standards (GIAS) and relevant sector best practice”
Assurance recipients
98% confidence
Provide assurance to the Board, Audit and Risk Committee, and Executive Team.
View supporting evidence
“providing assurance to the Board, Audit and Risk Committee, and Executive Team”
Supplier eligibility requirements
98% confidence
Unknown
View supporting evidence
No eligibility, financial standing, insurance, exclusion or company-size requirements are supplied.
COMMERCIAL AND DELIVERY
Contract intelligence
Commercial
Maximum contract value
98% confidence
Up to £1,000,000
View supporting evidence
process.value_max: 1000000 GBP; lot 1 value_amount: 1000000 GBP
Contract term
99% confidence
Three years, with options for two one-year extensions (3+1+1), up to five years total.
View supporting evidence
“initial three (3) year term, with the option to extend for up to two additional years on a (1 + 1) year basis (3 + 1 + 1) to total five years (5)”
Delivery
Delivery coverage
91% confidence
Group and subsidiaries; delivery location recorded as United Kingdom.
View supporting evidence
“across the Group”; “Group and its subsidiaries”; location: Delivery location, region UK, country United Kingdom
Mobilisation timing
98% confidence
Intended to commence before the 2027/28 financial year to support mobilisation and planning; services from 2027/28 onwards.
View supporting evidence
“intended to commence prior to the start of the 2027/28 financial year to facilitate mobilisation and planning activities required to deliver services from 2027/28 onwards”
PROCEDURE
How to respond
Status
99% confidence
Open
View supporting evidence
process.display_status: open; process.source_status: active
Procedure
97% confidence
Competitive flexible procedure under an open procurement method.
process.submission_deadline: 2026-11-13T17:00:00+00:00; lot 1 submission_deadline: 2026-11-13T17:00:00+00:00
RISKS AND UNKNOWNS
Points requiring attention
Buyer name inconsistency
99% confidence
The title and description refer to “Lifestone Homes” / “Lifestone Homes Limited”, while the buyer-name field states “Lifestone Home Limited”.
View supporting evidence
process.title: “Internal Audit Service Lifestone Homes”; description: “Lifestone Homes Limited”; process.buyer_name: “Lifestone Home Limited”
Detailed tender requirements not supplied
95% confidence
Evaluation criteria, pricing model, mandatory evidence, insurance and detailed submission instructions are unknown from the supplied notice data.
View supporting evidence
No such requirements appear in the supplied process, lot, classification, location or document metadata.
ProcuraAxis analysis supplements, but does not replace, the original notice and tender documents. Always verify eligibility, deadlines and commercial terms with the issuing authority.
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