Award

Welsh Bodies 2018/19

NATIONAL AUDIT OFFICE

This public procurement record has 1 release in its history.

Award

25 Jan 2019 at 12:38

Summary of the contracting process

The National Audit Office has completed a procurement process titled "Welsh Bodies 2018/19" for the delivery of financial statement audits in accordance with relevant standards for public sector bodies in the UK. The contract falls under the financial auditing services category (CPV code 79212100) and was valued at £341,070. This selective procurement method involved a call-off from a framework agreement and the contract period commenced on 1st October 2018 and concludes on 1st October 2021. The tender period ended on 1st September 2018, with the award published on 26th September 2018.

This procurement presents significant opportunities for growth in the financial auditing sector, particularly for firms with expertise in public sector audits. Given the large-scale nature of the awarded supplier, KPMG AUDIT PLC, smaller and medium-sized firms may find this a challenging market but could benefit by collaborating or forming partnerships to meet the requirements. Additionally, firms with a robust understanding of public sector regulations and standards would be well-suited to compete in similar future tenders.

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Notice Title

Welsh Bodies 2018/19

Notice Description

Delivery of contracted out financial statement audits in accordance with Practice Note 10 (PN 10): Audit of financial statements of public sector bodies in the United Kingdom (2016) for Companies House and the Intellectual Property Office

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6927e8ab-f8df-49ce-9e20-15fac52608f7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2556ba23-103e-4611-84f8-2b39eb0ec5da
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
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
£341,070 £100K-£500K
Lots Value
Not specified
Awards Value
£341,070 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Jan 20197 years ago
Submission Deadline
1 Sep 2018Expired
Future Notice Date
Not specified
Award Date
25 Sep 20187 years ago
Contract Period
30 Sep 2018 - 1 Oct 2021 3-4 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

KPMG AUDIT

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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