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afb510f6-abd3-409a-b433-2b8e9728b8e8 · Contract

Internal Audit

HEXAGON HOUSING ASSOCIATION LIMITED

Estimated Value

£39,424 – £0

Deadline

27 February 2026

Published

15 April 2026

Type

services

SME SuitableLondonGBCPV: 79200000

Overview

Provide independent and objective assurance on the effectiveness of Hexagon's internal control systems, risk management and governance processes in line with legislative requirements, regulatory expectations and best practice.

AI Analysis

Powered by AI — always verify against official documents

Medium Complexity

Hexagon is looking for an internal audit service to independently check that their internal controls, risk management, and governance are working properly and meet legal and regulatory standards. This is an assurance role — the auditor will review whether the organisation's systems and processes are effective and compliant.

Requirements

  • Independence and objectivity in audit delivery
  • Knowledge of legislative requirements applicable to Hexagon's sector
  • Understanding of regulatory expectations relevant to the organisation
  • Familiarity with internal audit best practice standards
  • Ability to assess internal control systems effectiveness
  • Ability to evaluate risk management processes
  • Ability to review governance processes
  • No specific certifications or formal qualifications stated in the notice — check full tender documents for whether CIA (Certified Internal Auditor), CCSA, or equivalent are required

Key Tasks & Deliverables

  • Conduct independent review of Hexagon's internal control systems
  • Assess the effectiveness of risk management processes
  • Evaluate governance processes against legal and regulatory requirements
  • Provide objective assurance reporting on control effectiveness
  • Identify gaps between current practice and legislative/regulatory requirements
  • Provide recommendations aligned with best practice standards
  • Deliver audit findings and recommendations to management

How to Read This Tender

  • 1This is a professional services contract — the buyer is paying for expert judgment and assurance, not tangible goods. Focus on what evidence of expertise and methodology you'll offer, not just cost.
  • 2The phrase 'independent and objective' is critical — Hexagon must feel confident you have no conflicts of interest. Be ready to explain your independence in your bid.
  • 3You'll need to understand which specific legislation and regulations apply to Hexagon's business. The full tender documents should clarify their sector and which rules matter (e.g. if they're financial services, charities, public sector, etc.). Ask if unclear.
  • 4Look for the audit scope in the full documents — is this organisation-wide or focused on specific departments or risk areas? Scope affects resource needs and pricing.
  • 5Check whether this is a one-off audit or an ongoing annual/recurring engagement. Recurring contracts are more predictable; one-off projects need clear timelines and deliverable dates.

Tips for Small Businesses

  • If you're a sole practitioner or small audit firm, consider partnering with a larger firm as a subcontractor or forming a consortium — large organisations sometimes prefer established audit firms, but subcontracting lets you contribute your specialism while reducing perceived risk to the buyer.
  • Emphasise your experience with Hexagon's specific sector or comparable organisations. Regulatory knowledge is a major selling point — if you know the rules they must follow, you're more valuable than a generic auditor.
  • The tender documents may include a social value scoring section. If Hexagon is in the public sector or values social impact, highlight any commitments to supporting small businesses, training junior auditors, or community engagement — this can win you extra points alongside your technical bid.

Actions

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Buyer Profile

HEXAGON HOUSING ASSOCIATION LIMITED
Typepublic body
RegionLondon
Total contracts2
Total spend£0
View buyer profile

Key Dates

Published

15 April 2026

Submission deadline

27 February 2026

Notice type

Contract

Source

contracts finder

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