Award

FA D&A - Future design of D&A support

NATIONAL AUDIT OFFICE

This public procurement record has 1 release in its history.

Award

26 Apr 2022 at 10:42

Summary of the contracting process

The National Audit Office (NAO) has recently completed a procurement process for a contract titled "FA D&A - Future design of D&A support" within the financial auditing services sector. The procurement was carried out through a selective method as a call-off from a framework agreement, with a contract value of £42,000. The contract period commenced on 7th March 2022 and concluded on 6th May 2022. The tender aimed to enhance the NAO's data and analytics (D&A) capabilities, particularly for financial audit activities. The procurement phase was officially marked by the award announcement on 25th February 2022, with related documentation published on 26th April 2022.

This tender presents valuable opportunities for businesses, especially small and medium-sized enterprises (SMEs) specialising in data analytics and financial audit services. Companies that offer innovative D&A solutions or possess expertise in risk assessment analytics could find significant growth potential by engaging in similar contracts. The NAO's focus on improving their D&A functionality highlights an ongoing demand for specialised support in this field, making it an attractive sector for businesses looking to expand their client base within the public sector.

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Notice Title

FA D&A - Future design of D&A support

Notice Description

The use of data and analytics (D&A) is now a core part of the way the National Audit Office (NAO) do their financial audits. EY will provide direct Data & Analytics support to NAO for Financial Audit Data & Analytics (FA D&A) activities, specifically with regards the design of future specifications for FA D&A tooling. We have ambitions to build out our D&A functionality to cover Risk Assessment analytics over GL, and also analytics over other Sub-ledgers. We are seeking specialist support to help further develop our design thinking in these areas. Lira Sukumaran ("resource") will be providing data & analytics design support for the period from 7th March to 31st March. During this time, the following provisions will apply: * The above mentioned EY members will work with the NAO team and their work will be supervised by the NAO. * EY shall continue to deal with any management issues (including all those matters under the resources employment contract requiring action, investigation and/or decisions by EY) for the entirety of the engagement period * The NAO shall direct the activities of the resources but as soon as reasonably practicable shall refer any management issues concerning the resources that come to its attention to EY * Both parties shall inform the other as soon as reasonably practicable of any other significant matter that may arise during the engagement period relating to the resources or their employment * EY shall procure that the resources shall notify Peter Smithson if the resources identify any actual or potential conflict of interest between the NAO and EY during the engagement period * Both parties shall inform the other as soon as reasonably practicable if there is a need to end the agreement early. Notice of at least 10 working days will be provided The audit will be performed within the NAO's audit tools and NAO laptops. All EY personnel will provide at a minimum a certificate of BPSS clearance and / or SC clearance before engaging with NAO or getting involved with audit activities.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-24eddc21-e56f-4022-8f31-e357a4aca76b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e399e918-a0be-4b14-a122-5693674ed646
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
SME

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
£42,000 Under £100K
Lots Value
Not specified
Awards Value
£42,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
26 Apr 20223 years ago
Submission Deadline
4 Feb 2022Expired
Future Notice Date
Not specified
Award Date
25 Feb 20223 years ago
Contract Period
7 Mar 2022 - 6 May 2022 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NATIONAL AUDIT OFFICE
Contact Name
Tania Khan
Contact Email
nao.procurement@nao.org.uk
Contact Phone
02077987000

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

ERNST & YOUNG

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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