Tender

GB-London: Financial Instruments Framework

NATIONAL AUDIT OFFICE

This public procurement record has 1 release in its history.

Tender

08 Nov 2022 at 20:10

Tender Notice
Summary of the contracting process

The National Audit Office is seeking suppliers for a Financial Instruments Framework contract in London. This opportunity involves providing specialist financial instrument services to support NAO audits over the 2022-23 and 2023-24 cycles. The framework is expected to start in January 2023 for an initial two-year period, with a possible extension of up to four years. The procurement method is an open procedure, with a tender deadline of November 25, 2022, and a contract period from February 1, 2023, to January 29, 2027.

This tender creates opportunities for SMEs interested in providing financial auditing services, specialist training services, statutory audit services, accounting and auditing services, financial consultancy services, and technical training services. Businesses with expertise in these areas and the capacity to support NAO audit teams would be well-suited to compete for this contract. Interested suppliers can register to download the tender documents and express their interest in participating in this procurement process.

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Notice Information

Notice Title

GB-London: Financial Instruments Framework

Notice Description

The National Audit Office wishes to select and appoint multiple Suppliers on a Framework Contract to provide Financial Instrument Services for the provision of specialist advice, training and expertise to support the NAO audits sector over the 2022-23 and 2023-24 audit cycles, this could include (but not limited to): 1.External expertise to support NAO audit teams 2.Delivery of financial instrument specific training 3.Ad-hoc technical accounting, advisory and project support The objective of this notice is to inform the market of this opportunity and provide sufficient information for suppliers to express an interest in the tender. If interested, please register at the link below and you will be able to download the tender documents. The framework is anticipated to commence January 2023 for an initial period of two (2) years with an option to extend for a further two (2) years to a maximum term of four (4) years. Additional information: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9e7978d7-6093-4e9a-a49c-997b0ae77f11
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/76a6e214-19cf-4ef2-9c4a-a392b3d84ea1
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

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

80 - Education and training services

CPV Codes

66171000 - Financial consultancy services

79210000 - Accounting and auditing services

79212100 - Financial auditing services

79212300 - Statutory audit services

80510000 - Specialist training services

80531200 - Technical training services

Notice Value(s)

Tender Value
£5,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
8 Nov 20223 years ago
Submission Deadline
25 Nov 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Feb 2023 - 29 Jan 2027 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
NATIONAL AUDIT OFFICE
Contact Name
Tania Khan
Contact Email
nao.procurement@nao.org.uk
Contact Phone
02077987372

Buyer Location

Locality
VICTORIA
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
TLI London
Local Authority
Westminster
Electoral Ward
Pimlico North
Westminster Constituency
Cities of London and Westminster

Further Information

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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