Award

Financial Audit of NHS and Armed Forces Pension Schemes - 2016-2021

NATIONAL AUDIT OFFICE

This public procurement record has 1 release in its history.

Award

05 Feb 2019 at 15:09

Award Notice
Summary of the contracting process

The National Audit Office is seeking a contractor for the "Financial Audit of NHS and Armed Forces Pension Schemes - 2016-2021," a tender awarded on 29 August 2018, for a total value of £756,000. This contract pertains to financial auditing services for the NHS Pension Scheme and the Armed Forces Pension Scheme, with a maximum duration of five years, originally set to begin on 1 September 2018 and concluding on 1 September 2021. The procurement was conducted via a selective method, calling off from a framework agreement, with the tender period having ended on 1 August 2018, and the service being classified under the CPV code 79212100.

This contract presents significant opportunities for larger auditing firms equipped to manage comprehensive financial audits, particularly those with experience in pension scheme evaluations. While this specific contract has been awarded to Deloitte, future audits or extensions may occur, allowing other qualified firms to compete for similar projects within public sector financial auditing. Businesses familiar with government contracts and able to navigate the complexities of financial reporting are well-positioned to seize such opportunities in this sector.

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Notice Information

Notice Title

Financial Audit of NHS and Armed Forces Pension Schemes - 2016-2021

Notice Description

This is a business case for a contract that is already in place (reference Gen 16-13). The contract covers the financial audit of the NHS Pension Scheme (including the WGA submission) and the Armed Forces Pension Scheme (including the WGA submission). The contract was let in September 2016 to cover the 2016/17, 2017/18 and 2018/19 audits, with an option to extend for two further years on a +1/+1 basis. Lifetime costs below assume contract extension to the maximum of 5 years to cover the 2019/20 and 2020/21 audits.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e41840aa-4dcc-4644-bcf0-7871c54cc35a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3c4333d7-76b7-4c27-a4f6-5176640f58fb
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79212100 - Financial auditing services

Notice Value(s)

Tender Value
£756,000 £500K-£1M
Lots Value
Not specified
Awards Value
£756,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
5 Feb 20197 years ago
Submission Deadline
1 Aug 2018Expired
Future Notice Date
Not specified
Award Date
28 Aug 20187 years ago
Contract Period
31 Aug 2018 - 1 Sep 2021 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
NATIONAL AUDIT OFFICE
Contact Name
Mary Zembylas
Contact Email
mary.zembylas@nao.gsi.gov.uk
Contact Phone
02077987368

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
TLJ South East (England)
Local Authority
Westminster
Electoral Ward
Pimlico North
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

DELOITTE

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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