Agenda and minutes

Items
No. Item

1.

Question From: County Councillor Elwyn Vaughan Subject: SWAP [South West Audit Partnership] internal audit services

 

Question From:

County Councillor Elwyn Vaughan 

Subject:

SWAP [South West Audit Partnership] internal audit services

Question To:

Head of Finance

 

Question:

 

What is the annual cost to the authority of having SWAP internal audit services used by Powys? When and how often is the contract reviewed?

 

 

Minutes:

Response by Head of Service:

 

SWAP internal audit services provide the internal audit function for the Council under a partnership agreement.  Powys is a partner in the organisation along with other Councils.

 

The current annual cost of delivery of the service is £269,658.  We have already agreed a reduction of £26,250 for 2021/22 through the delivery of efficiencies, with a further efficiency of £18,750 already agreed for 2022/23.  The service is reviewed regularly with a 12 month notice period for any changes to be agreed.