HMMS04320 - Internal Audit - Project: tender_18621 - HMMS04320 - Internal Audit

HMMS on behalf of St. Joseph’s Health Care London is looking to establish a long-term partnership with a preferred Proponent to provide assistance or advice to an internal Audit Department in executing and delivering its Board approved annual work plan.
The Proponent will conduct internal audit activities in two phases of work as follows:
PHASE 1: ENTERPRISE RISK MANAGEMENT (ERM)
St. Joseph’s is embarking on an assessment to update the hospital’s Enterprise Risk Management (ERM) program. The update of the program must include the framework to identify and evaluate key enterprise risks from the appropriate risk universe. It must also include a detailed plan for the ongoing monitoring and updated reporting of key risks. St. Joseph’s requires a knowledgeable and experienced Proponent to provide ERM services.

PHASE 2: INTERNAL AUDIT PROJECTS
Following completion of the renewed ERM assessment, the Proponent will provide internal audit services supporting St. Joseph’s efforts across risk management, process improvement and informing St. Joseph’s Strategic Plan. Internal audit projects will focus on identified high risk areas which may include clinical, finance, supply chain, governance, compliance reviews, value for money audits, human resources, information technology, cyber security, research facilities, legal, regulatory, environment and other areas as identified.
The Proponent will develop annual audit plans to be presented to the Resource Planning and Audit Committee of the Board of Directors for approval. The proposed annual project plans will be coordinated with Hospital management and the Resource Planning and Audit Committee of the Board of Directors.
It is expected that the Proponent will include best practices, new developments and any other practical recommendations that should be considered in the development of the Hospital’s internal audit function.