Award

CPT_25_18 DRC valuations of Environment Agency operational assets

NATIONAL AUDIT OFFICE

This public procurement record has 1 release in its history.

Award

22 Apr 2025 at 15:33

Summary of the contracting process

The National Audit Office has completed a procurement process titled "CPT_25_18 DRC valuations of Environment Agency operational assets," focusing on accounting and auditing services related to civil engineering cost estimation. This contract involves reviewing the Environment Agency's operational asset valuations as of March 2025. The procurement, conducted via a direct award using the business lot of the Crown Commercial Services Management Consultancy Framework Three (MCF3), resulted in Ridge & Partners LLP being awarded a contract valued at £150,000 for a period from 1st May 2025 to 30th April 2027, with potential extension up to 2030. The procurement method employed was selective through a call-off from a framework agreement, with services to be provided across the United Kingdom.

This tender represents a strategic opportunity for businesses with expertise in civil engineering and financial auditing to engage with a public sector client, potentially leading to further contracts and partnerships. Businesses that are small or medium enterprises (SMEs) or those involved in voluntary, community, and social enterprises (VCSE) are particularly well-suited to compete, especially if they can demonstrate capabilities in auditing services and cost estimation. Participation in such frameworks opens avenues for growth in the public sector, allowing businesses to showcase and expand their expertise in niche yet critical areas of public asset management.

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Notice Title

CPT_25_18 DRC valuations of Environment Agency operational assets

Notice Description

The National Audit Office (NAO) awarded a contract to Ridge & Partners LLP who will be expected to provide civil engineering cost estimation expertise to assist with our review of the assumptions underpinning the Environment Agency's March 2025 valuation of its operational assets. This contract has been direct awarded using Lot 1: Business of Crown Commercial Services Management Consultancy Framework Three (MCF3). The new contract will run for an initial period of 2 years from Thursday 1st May 2025 until Friday 30th April 2027, with the option to further extend for a period of up to 3 years (by 3 periods of 12 months) until Tuesday 30th April 2030 at the NAO's discretion. The estimated contract value will be PS150,000 inclusive of VAT over the 5 years duration.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5004cd23-f95f-462c-ad72-0aadf64c1686
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/68899d9a-102b-4a6c-8763-7b519a0c7d56
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, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79210000 - Accounting and auditing services

Notice Value(s)

Tender Value
£150,000 £100K-£500K
Lots Value
Not specified
Awards Value
£150,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
22 Apr 202510 months ago
Submission Deadline
1 Mar 2025Expired
Future Notice Date
Not specified
Award Date
11 Apr 202510 months ago
Contract Period
30 Apr 2025 - 30 Apr 2030 Over 5 years
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
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

RIDGE & PARTNERS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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