Award

CPT_23_04 Valuation Services for NAO Audit Regime

NATIONAL AUDIT OFFICE

This public procurement record has 3 releases in its history.

AwardUpdate

07 Aug 2023 at 12:39

AwardUpdate

07 Aug 2023 at 11:17

Award

02 Aug 2023 at 11:02

Summary of the contracting process

The National Audit Office has awarded a contract for Valuation Services for NAO's Audit Regime to Montagu Evans LLP through a selective procurement method. The contract, under the CPV classification for accounting and auditing services, will run for 3 years with possible extensions. The contract has a value of GBP 85,680 and involves providing valuation services to support NAO's audit activities.

This tender presents an opportunity for businesses in the accounting and auditing sector to compete for providing services to support the National Audit Office's operations. Small and medium-sized enterprises (SMEs) in the United Kingdom would be well-suited to bid for this contract, which aims to assist auditors with expert audit evidence related to fixed assets and property valuations under the Code of Audit Practice.

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Notice Title

CPT_23_04 Valuation Services for NAO Audit Regime

Notice Description

Please note that this contract award notice is a duplication of Property Valuation Services - NAO Code Audits contract award notice. National Audit Office (NAO) awarded a contract to the supplier through Lot 5: Valuation and Compulsory Purchase Orders of Crown Commercial Services RM6168 Estate Management Services framework. The selected Supplier Montagu Evans LLP will be providing Valuation Services in support of the NAO's Audit Regime. The service is to support auditors of the National Audit Office and auditors performing audits under the Code of Audit Practice in using the work of an expert as audit evidence and to inform their expectations of movements in the values of fixed assets / property, plant and equipment / investment properties. The contract duration will be 3 years with optional two, 12 month extensions.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-df13a6f4-96cb-450f-8ad5-5c31c3c96bd2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/36d8f5ef-0901-4b84-bcfe-e1e6907610f7
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services

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


CPV Codes

71241000 - Feasibility study, advisory service, analysis

79200000 - Accounting, auditing and fiscal services

Notice Value(s)

Tender Value
£85,680 Under £100K
Lots Value
Not specified
Awards Value
£85,680 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
7 Aug 20232 years ago
Submission Deadline
6 Mar 2023Expired
Future Notice Date
Not specified
Award Date
28 Mar 20232 years ago
Contract Period
26 Mar 2023 - 26 Mar 2026 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NATIONAL AUDIT OFFICE
Contact Name
ima orosei
Contact Email
nao.procurement@nao.org.uk
Contact Phone
02077987015

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

MONTAGU EVANS

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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