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Financial Audit and Assurance Services Contract

NATIONAL AUDIT OFFICE

This public procurement record has 1 release in its history.

Tender

14 Jul 2026 at 14:50

Tender Notice
Summary of the contracting process

The National Audit Office is managing a procurement process for the "Financial Audit and Assurance Services Contract," which focuses on the accounting, auditing, and fiscal services industry. This procurement process is currently at the tender stage, with the contract period spanning from 2nd August 2021 to 31st July 2026. The contract's geographical impact covers the British Overseas Territories, Channel Islands, Europe, Isle of Man, the United Kingdom, and the Rest of the World. The procurement is being conducted under an open procedure method, offering a substantial contract value of approximately £39 million. Notably, the contract has undergone a modification to increase its value by £9.6 million to ensure service continuity.

This tender represents a significant opportunity for businesses operating in the financial services sector, particularly those capable of delivering comprehensive audit and assurance services. Firms well-versed in statutory audits and maintaining high standards of audit delivery will find this contract a lucrative growth avenue. The procurement process is particularly suitable for small and medium-sized enterprises (SMEs) interested in expanding their footprint across multiple regions due to the broad geographical scope of work. The open procedure offers a level playing field for businesses meeting the necessary requirements to compete effectively for this opportunity with the National Audit Office.

How relevant is this notice?

Notice Information

Notice Title

Financial Audit and Assurance Services Contract

Notice Description

Modification Notice Original description: The Ministry of Justice and the Department for Digital, Media, Culture and Sport are Department Group audits falling within the NAO's Society Group and so are aligned under the same business management processes. Description of the modifications The Financial Audit and Assurance Services contracts awarded under procurement reference GEN_20_22 have been modified to increase the overall contract value by PS9.6 million and extend the existing arrangements. The modification ensures continuity of audit and assurance services and supports the National Audit Office in meeting its statutory responsibilities. The nature, scope and objectives of the contracts remain unchanged. Description of the economic or technical reasons and the inconvenience or duplication of cost preventing a change of contractor: Additional audit and assurance services are required from the original contractors to ensure continuity of statutory audit delivery. Changing contractors at this stage would cause significant inconvenience, duplication of costs and disruption to audit planning, delivery and quality assurance. The modification does not alter the overall nature of the contracts and the increase remains below 50% of the original contract value.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a70e0e64-2a13-49c5-b410-f7e5c6f77a84
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2d1ed12b-730a-453a-86b4-0765ba2980d4
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

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

CPV Codes

79200000 - Accounting, auditing and fiscal services

Notice Value(s)

Tender Value
£39,009,747 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
14 Jul 2026Yesterday
Submission Deadline
22 Feb 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Aug 2021 - 31 Jul 2026 4-5 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
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

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
Not specified
Local Authority
Westminster
Electoral Ward
Pimlico North
Westminster Constituency
Cities of London and Westminster

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. 

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