Tender

CPT_23_11 External Audit service

NATIONAL AUDIT OFFICE

This public procurement record has 1 release in its history.

Tender

08 Sep 2023 at 15:00

Tender Notice
Summary of the contracting process

The National Audit Office (NAO) is seeking an External Auditor for auditing financial years ending in 2025, 2026, and 2027. The contract, with an estimated value of £700,000 over 5 years, is expected to commence in July 2024. The procurement method is open, and the tender deadline is October 10, 2023.

This tender by the NAO for auditing services presents an opportunity for businesses involved in auditing and financial services. Small and medium-sized enterprises (SMEs) would be well-suited to compete for this tender, which aims to support Parliament in ensuring transparent government spending and improving public services through high-quality audits.

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Notice Information

Notice Title

CPT_23_11 External Audit service

Notice Description

The National Audit Office (NAO) is the UK's independent public spending watchdog. We support Parliament in holding government to account and we help improve public services through our high-quality audits work. NAO is now seeking an External Auditor who will be expected to audit the financial years ending 31 March 2025, 2026, and 2027 to an appropriate timetable. The NAO aims to have its Annual Report and Accounts (which include the financial statements) ready for publication in June each year following the 31 March year end. The contract is anticipated to commence July 2024 for an initial period of 3 years with an option for the NAO to extend the contract for a period of up to two years subject to approval by the Public Accounts Commission (on the basis of two periods of 12 months) (potentially making it a maximum term of 5 years. The estimated value of the contract is PS700,000 inclusive of VAT for the full 5 years.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-cd64606b-f1a1-4a07-8d76-4fff91fd3df5
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/be4f0615-8339-46db-8e90-a0169ea1ab1e
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

79212000 - Auditing services

Notice Value(s)

Tender Value
£583,333 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
8 Sep 20232 years ago
Submission Deadline
10 Oct 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Jun 2024 - 30 Jun 2029 Over 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
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

Further Information

Notice Documents

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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