IT Audit RFP Template for England and Wales

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Key Requirements PROMPT example:

IT Audit RFP

"I need an IT Audit RFP for our mid-sized fintech company that focuses heavily on cloud security and GDPR compliance, with a planned audit start date of March 2025 and specific requirements for auditors with financial services experience."

Document background
The IT Audit RFP is a crucial document used when organizations in England and Wales need to procure professional IT audit services. This document type is essential for ensuring compliance with UK regulations, maintaining security standards, and managing IT risks effectively. The RFP typically includes detailed specifications of audit requirements, evaluation criteria, and compliance requirements, allowing potential service providers to submit comprehensive proposals. Organizations use this document when seeking independent assessment of their IT systems, controls, and processes.
Suggested Sections

1. Introduction: Overview of the organization and purpose of the IT audit

2. Scope of Services: Detailed description of audit requirements and expectations, including systems, processes, and compliance frameworks to be reviewed

3. Timeline and Deliverables: Project schedule, milestones, and expected outputs including reporting requirements

4. Proposal Requirements: Required format and content of vendor responses, including qualifications, methodology, and team composition

5. Evaluation Criteria: How proposals will be assessed and scored, including technical capability, experience, and pricing considerations

Optional Sections

1. Industry-Specific Requirements: Additional requirements for regulated industries such as financial services or healthcare, including specific compliance frameworks and standards

2. Security Clearance Requirements: Special security clearance needs for audit team members when dealing with sensitive or classified information

3. International Considerations: Cross-border requirements and considerations for multi-jurisdictional audits

Suggested Schedules

1. Schedule A - Current IT Infrastructure Documentation: Overview of existing systems and architecture to be included in the audit scope

2. Schedule B - Compliance Requirements Matrix: List of specific compliance requirements, regulations, and standards to be audited

3. Schedule C - Price Schedule Template: Standardized format for pricing submissions and cost breakdown structure

4. Schedule D - Service Level Requirements: Expected service levels, performance metrics, and quality standards for the audit engagement

5. Appendix 1 - Previous Audit Findings: Summary of previous audit results and remediation status if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
Industries

UK GDPR and Data Protection Act 2018: Primary data protection legislation in the UK that governs how personal data must be handled, processed, and protected during IT audits

PECR (Privacy and Electronic Communications Regulations): Specific rules for electronic communications, cookies, and digital marketing that may be relevant to IT systems being audited

ISO 27001: International standard for information security management systems, providing framework for IT security audits

NIS Regulations 2018: Network and Information Systems Regulations governing cybersecurity standards for essential services and digital service providers

Public Contracts Regulations 2015: Regulations governing procurement processes in the public sector, relevant if the RFP is for a public entity

Supply of Goods and Services Act 1982: Fundamental legislation governing service contracts in England and Wales, including IT audit services

ISACA Standards: Professional standards for IT auditing and governance, providing framework for audit methodology and reporting

IIA Standards: Institute of Internal Auditors' standards providing guidelines for internal audit practices and procedures

Employment Rights Act 1996: Legislation governing employment relationships that may be relevant when auditing HR-related IT systems

Electronic Communications Act 2000: Legislation governing electronic signatures and communications, relevant for digital documentation in audits

COBIT Framework: Control framework for IT governance and management, often used as baseline for IT audits

ISO/IEC 38500: International standard for corporate governance of information technology, providing principles for effective IT governance

PCI DSS: Payment Card Industry Data Security Standard, mandatory if the audit scope includes payment card processing systems

Cyber Essentials: UK government-backed certification scheme that sets out basic cybersecurity standards

Copyright, Designs and Patents Act 1988: Legislation protecting intellectual property rights in IT systems and software being audited

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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