Award

National Audit Office (NAO) fee for FCA audit

THE FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Award

24 May 2019 at 10:15

Summary of the contracting process

The procurement process involves the Financial Conduct Authority seeking services for the National Audit Office (NAO) fee related to the FCA audit for the period from 1st July 2018 to 30th June 2019. The procurement method utilised was a direct approach through a single tender action below the threshold, with a total contract value of £250,000. The tender was awarded on 11th June 2018, and the contract commenced on 1st July 2018 in London, England, classified under business development consultancy services.

This tender presents a prime opportunity for businesses in the consultancy sector, particularly those specialising in audit and financial services, to engage with a significant public sector client. While the award was given to the National Audit Office, businesses that offer similar services or have expertise in providing consultancy for financial audits would benefit from participating in future tenders of this nature. The contract's value suggests that robust companies capable of delivering comprehensive audit solutions would be well-placed to compete.

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Notice Title

National Audit Office (NAO) fee for FCA audit

Notice Description

National Audit Office (NAO) fee for FCA audit for 01/07/2018 -30/06/2019

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-460d7a73-bfd4-4c2d-ac03-4b4e33cdaa53
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f840be6b-1799-4044-b4bb-674e6d4b30a0
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below 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

79411100 - Business development consultancy services

Notice Value(s)

Tender Value
£250,000 £100K-£500K
Lots Value
Not specified
Awards Value
£100,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
24 May 20196 years ago
Submission Deadline
11 Jun 2018Expired
Future Notice Date
Not specified
Award Date
10 Jun 20187 years ago
Contract Period
30 Jun 2018 - 30 Jun 2019 6-12 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
THE FINANCIAL CONDUCT AUTHORITY
Contact Name
Not specified
Contact Email
fcaprocurement@fca.org.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
E20 1JN
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
TLI London

Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Supplier Information

Number of Suppliers
1
Supplier Name

NATIONAL AUDIT OFFICE

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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