The Growth Company Invitation to Tender for the Supply of Co-sourced Internal Audit Services

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About this contract

The Growth Company (GC) is seeking to appoint a provider of co-sourced internal audit services. GC wishes to appoint an Internal Audit co-sourced provider for the purpose of providing independent, risk based objective assurance, advice, insight and foresight. The service will complement GC's existing in-house Internal Audit provision, aiming to widen the areas of specialist expertise available to our in-house team. GC may also commission additional consultancy activity, for example in relation to relative legislative changes. We are looking for a provider who can demonstrate a clear risk-based approach to their audits, who will provide a suitably experienced and qualified audit team to ensure that audits are robust and provide commercially and operationally viable recommendations to be considered. There are a number of objectives that we require for the delivery of the contract: 1) Robust Risk Based Service - Maintain a high service quality delivering required assurance levels to Board and Audit and Risk Committee members. 2) Increased Value - Utilising specialist skills to address core business risks, including the use of analytic techniques and technological innovation where appropriate. 3) Increased Scope - Enhance risk, governance and controls management, with emphasis on leveraging specialist expertise and strengthening organisational capabilities. 4) Flexible and Pragmatic Approach - Ability to flex with operational demands in a fast-paced environment. 5) Collaboration and Transparency - Work alongside our internal team and create opportunities for learning and development of GC internal team. To apply for this tender opportunity, please register as a supplier on the Panacea Supplier Platform at the following web address: https://app.panacea-software.com/growth Once you have accessed the site, to view the opportunity you need to navigate to 'Register Interest', click the 'Participate' Button, then navigate to 'My Questionnaires' where you will be able to download the documents. Your tender submission must be made on the Panacea Portal. ALL the relevant tender documents are included within the 'Response' section of the Questionnaire. You can add these individually or utilise a Zip folder to submit your response. Once uploaded, this will allow you to 'Submit' your bid. The documents contain instructions and information for your tender, including specification of requirements, and the key assessment and evaluation criteria that will be used to assess offers. The deadline for submission of the required documents is at 12:00pm on Wednesday 14th January 2026.

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