Award

Ask AI

Ask AI about this notice

Summarise, research or assess it with AI

Open in ChatGPT
OpenAI's assistant
Open in Claude
Anthropic's assistant
Open in Perplexity
Answer engine, cites sources
Open in Google AI Mode
Google's AI search
View Markdown
Share

Share this notice

Send this contract to a colleague

Email
Send a link by email
WhatsApp
Share in a WhatsApp chat
LinkedIn
Post to your network
Microsoft Teams
Share to a Teams chat

Cycle Scheme 2026 - 2029

NATIONAL AUDIT OFFICE

This public procurement record has 1 release in its history.

Award

02 Jun 2026 at 10:31

Award Notice
Summary of the contracting process

The National Audit Office (NAO) has awarded a contract under the title "Cycle Scheme 2026 - 2029" to Cyclescheme Ltd, a company based in Hemel Hempstead, Hertfordshire. This contract involves providing a cycle-to-work scheme for NAO staff and falls under the industry categories of financial leasing and recruitment services. Located in the United Kingdom, this procurement process is currently at the award stage, with a contract period starting from 1st April 2026 and ending on 31st March 2029, including an optional extension of up to 12 months. The estimated total value of the contract is £162,000, inclusive of VAT. The tender was initiated through a single tender action and was classified as a service procurement. Potential vendors should have noted the end of the tendering period on 1st February 2026.

This tender creates opportunities for businesses involved in financial leasing services, especially those capable of delivering solutions for employee benefits schemes. Small and medium-sized enterprises (SMEs) and ventures focused on socially responsible services (VCSEs) are particularly well-suited to compete in such procurements due to the nature and scale of the contract. Engaging in this type of public procurement can significantly enhance business growth by establishing partnerships with government bodies like NAO, thereby increasing credibility and expanding market reach within the public sector. The procurement's emphasis on a specific cycle-to-work initiative indicates opportunities for firms with niche offerings in transportation and employee engagement solutions.

How relevant is this notice?

Notice Information

Notice Title

Cycle Scheme 2026 - 2029

Notice Description

National Audit Office (NAO) awarded a contract to Cyclescheme Ltd who will be providing the Cycle to work scheme to NAO staff. The new contract will run for an initial period of two (2) years, commencing on Wednesday 1st April 2026 and ending on Friday 31st March 2028, with the option to extend for up to 12 months until Saturday 31st March 2029. The estimated total value of the contract is up to PS162,000 (inclusive of VAT) over the 3 years duration.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7910523a-97b9-4f9b-9690-1f3957dc0a62
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f9f53ce7-9e0f-4735-95db-421a32f89db6
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Single Tender Action
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

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

CPV Codes

66114000 - Financial leasing services

79600000 - Recruitment services

Notice Value(s)

Tender Value
£162,000 £100K-£500K
Lots Value
Not specified
Awards Value
£162,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
2 Jun 20263 weeks ago
Submission Deadline
1 Feb 2026Expired
Future Notice Date
Not specified
Award Date
1 Mar 20263 months ago
Contract Period
31 Mar 2026 - 31 Mar 2029 3-4 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

CYCLESCHEME

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-7910523a-97b9-4f9b-9690-1f3957dc0a62-2026-06-02T11:31:54+01:00",
    "date": "2026-06-02T11:31:54+01:00",
    "ocid": "ocds-b5fd17-7910523a-97b9-4f9b-9690-1f3957dc0a62",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "Cycle Scheme",
        "title": "Cycle Scheme 2026 - 2029",
        "description": "National Audit Office (NAO) awarded a contract to Cyclescheme Ltd who will be providing the Cycle to work scheme to NAO staff. The new contract will run for an initial period of two (2) years, commencing on Wednesday 1st April 2026 and ending on Friday 31st March 2028, with the option to extend for up to 12 months until Saturday 31st March 2029. The estimated total value of the contract is up to PS162,000 (inclusive of VAT) over the 3 years duration.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66114000",
            "description": "Financial leasing services"
        },
        "additionalClassifications": [
            {
                "id": "79600000",
                "scheme": "CPV",
                "description": "Recruitment services"
            }
        ],
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 162000,
            "currency": "GBP"
        },
        "procurementMethodDetails": "Other - Single Tender Action",
        "tenderPeriod": {
            "endDate": "2026-02-01T12:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2026-04-01T00:00:00+01:00",
            "endDate": "2029-03-31T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": true
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/sBN45ywB",
            "name": "National Audit Office",
            "identifier": {
                "legalName": "National Audit Office",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/sBN45ywB"
            },
            "address": {
                "streetAddress": "Room B253",
                "locality": "LONDON",
                "postalCode": "SW1W9SP",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "ima orosei",
                "email": "ima.orosei@nao.org.uk",
                "telephone": "44 20 7798 5343"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-05363678",
            "name": "Cyclescheme Ltd",
            "identifier": {
                "legalName": "Cyclescheme Ltd",
                "scheme": "GB-COH",
                "id": "05363678"
            },
            "address": {
                "streetAddress": "Cyclescheme Ltd Westside, London Road, Hemel Hempstead, Hertfordshire, United Kingdom, HP3 9TD"
            },
            "details": {
                "scale": "sme",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/sBN45ywB",
        "name": "National Audit Office"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-7910523a-97b9-4f9b-9690-1f3957dc0a62-1",
            "status": "active",
            "date": "2026-03-01T00:00:00Z",
            "datePublished": "2026-06-02T11:31:54+01:00",
            "value": {
                "amount": 162000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-05363678",
                    "name": "Cyclescheme Ltd"
                }
            ],
            "contractPeriod": {
                "startDate": "2026-04-01T00:00:00+01:00",
                "endDate": "2029-03-31T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/f9f53ce7-9e0f-4735-95db-421a32f89db6",
                    "datePublished": "2026-06-02T11:31:54+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}