Award

GEN_22_104 Financial Instruments

NATIONAL AUDIT OFFICE

This public procurement record has 3 releases in its history.

AwardUpdate

05 Feb 2026 at 14:22

Award Notice
AwardUpdate

19 Mar 2025 at 14:50

Award Notice
Award

17 Apr 2023 at 11:26

Award Notice
Summary of the contracting process

The National Audit Office (NAO), based in London, England, has completed the procurement process for the "GEN_22_104 Financial Instruments" contract, awarding a framework agreement for Financial Auditing Services. The procurement falls under the services industry category with a CPV code of 79212100. The process was carried out using an open procedure above the threshold. The resulting framework, valued at £3.2 million, commences on 1st April 2023 and will run through 31st March 2027, including two potential twelve-month extensions. The most recent update indicates that the framework has been extended until 31st March 2027. Mazars LLP, a large-scale supplier, has secured this contract to provide advisory, training, and expert services supporting the NAO audits sector across the United Kingdom.

This tender represents significant opportunities for growth in the financial services and consulting sectors. Companies experienced in financial auditing and related services may find this framework appealing to either join pre-existing supply chains or enhance their portfolio by collaborating with Mazars LLP. Although the current framework does not explicitly cater to SMEs and voluntary sector entities, it helps large establishments in the financial instruments industry to enhance their presence by supplying high-level expertise and advice to government audits. As the NAO continues to focus on supporting sectors with specialist advice, experienced firms with capabilities in financial expertise can leverage opportunities to build a robust partnership model within this prestigious framework.

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Notice Information

Notice Title

GEN_22_104 Financial Instruments

Notice Description

The National Audit Office has awarded a place to multiple suppliers onto a Financial Instrument Framework to provide Financial Instrument Services for the provision of specialist advice, training and expertise to support the NAO audits sector. The selected supplier now has a place on the Framework which has the contract value of PS3.2m including VAT (PS800k per annum) over a period of four years including 2, 12-month extensions. As of January 2026, the framework has been extended by 12 months from Wednesday 1st April 2026 to Wednesday 31st March 2027.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-11681b9f-c923-496c-a234-b9b0c67c0133
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/72a8c049-216f-459e-9991-879360229ccc
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79212100 - Financial auditing services

Notice Value(s)

Tender Value
£3,200,000 £1M-£10M
Lots Value
Not specified
Awards Value
£3,200,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
5 Feb 20262 weeks ago
Submission Deadline
19 Dec 2022Expired
Future Notice Date
Not specified
Award Date
25 Jan 20233 years ago
Contract Period
31 Mar 2023 - 31 Mar 2027 4-5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
NATIONAL AUDIT OFFICE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1W 9SP
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
Pimlico North
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

MAZARS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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