To consider an update on the contractual arrangements for internal audit from 1 April 2021 to ensure the continued provision of a high quality, cost effective internal audit service.
The Finance Lead Specialist (Section 151 Officer) presented the Internal Audit Services Contract Update. She informed Members that the original contracts had been due to expire on 31 March 2021, that the Council was very happy with the service provided by TIAA and that it was felt appropriate to extend the contracts for one year.
The Finance Lead Specialist (Section 151 Officer) highlighted that it was acceptable under the procedure rules that the relevant Director could approve the renewal and emphasised her thanks to TIAA for their good audit provision.
No Member having raised any concern when asked by the Chairman, it was
RESOLVED – That the Internal Audit Services Contract Update, by noted.