Tender

GEN_20_22 - Financial Audit and Assurance Services

NATIONAL AUDIT OFFICE

This public procurement record has 4 releases in its history.

TenderAmendment

23 Jan 2021 at 15:35

Tender Notice
TenderAmendment

11 Dec 2020 at 13:55

Tender Notice
TenderAmendment

05 Dec 2020 at 09:25

Tender Notice
Tender

30 Nov 2020 at 09:45

Tender Notice
Summary of the contracting process

The National Audit Office (NAO), based in London, is currently engaged in the procurement process for "GEN_20_22 - Financial Audit and Assurance Services," which belongs to the accounting, auditing, and fiscal services industry. The tender is actively open and is set to conclude on 22 February 2021. With a total contract value of £33 million, the contract period will span from 1 June 2021 to 31 May 2025. Interested suppliers should note that contract opportunities will be divided into lots, with webinars scheduled for February 1, 3, and 5, 2021, to outline the NAO's requirements and engage with potential participants.

This tender represents an excellent opportunity for small and medium-sized enterprises (SMEs) specialising in financial audit and assurance services to contribute to public accountability and enhance their business footprint in the public sector. Companies that provide high-quality audits, financial management solutions, and possess relevant experience with public bodies will find this bidding process particularly suited to their expertise. This is a strategic chance to partner with the NAO, further demonstrating commitment to upholding standards in public service accountability while opening doors for future collaborations.

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Notice Information

Notice Title

GEN_20_22 - Financial Audit and Assurance Services

Notice Description

Text to be corrected in the original notice: Place of text to be modified: II.2.14 Instead of: This tender will be divided into lots. More information will be given at supplier days which will be held in January 2021. To register your interest for the supplier days, please email nao.procurement@nao.org.uk. We will provide further details on the supplier days in due course. Information about our strategy and our work can be found at www.nao.org.uk. Read: The NAO will hold three webinars via Zoom to outline their requirements for Financial Audit and Assurance Services. Please register your preference: Monday 1 February 2021 - 1-4pm https://nao.zoom.us/webinar/register/WN_1JOZCO8aSLW0NI5yBrzIFQ Wednesday 3 February 2021 - 1-4pm https://nao.zoom.us/webinar/register/WN_0-wxdKxJR7uVcvS2_nYcAQ Friday 5 February 2021 - 1-4pm https://nao.zoom.us/webinar/register/WN_zAavDbbqRz6op99IaYJ9RQ The National Audit Office (NAO) is the UK's independent public spending watchdog. We support Parliament in holding government to account and we help to improve public services through our high-quality audits. The NAO's contract is a fundamental part of being able to carry out our purpose and achieve our objectives. The purpose of this contract is to work in partnership with supplier firms to ensure we deliver high quality audits, to support effective accountability and lead to better financial reporting and financial management by public bodies. We will be contracting out a series of audit engagements which will be divided into lots as well as procuring additional services. The Comptroller and Auditor General (C&AG) retains overall responsibility for signing the audit opinion and the NAO will work with supplier firms to ensure audit and assurance services are carried out in line with the relevant standards and quality expectations.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d53dae26-f465-4b6c-9aca-995630a01f39
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5bbfdd31-5d9c-4525-99c1-2e437184be8a
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
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
£33,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
23 Jan 20215 years ago
Submission Deadline
22 Feb 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 May 2021 - 31 May 2025 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
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

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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