Award

Financial Audit Frameworks 2019 Bundle 3 London

NATIONAL AUDIT OFFICE

This public procurement record has 1 release in its history.

Award

21 Oct 2019 at 13:05

Summary of the contracting process

The National Audit Office is conducting a tender for the "Financial Audit Frameworks 2019 Bundle 3 London", aimed at delivering audits for various government departments over the 2019-20 and 2020-21 audit cycles. This procurement falls under the services category, specifically focused on financial auditing services. The procurement method is selective, utilising a call-off from a framework agreement, with the tender period having ended on 30 September 2019. The contract, valued at £1,028,760, commenced on 7 October 2019 and is set to conclude by 6 October 2021, with the contract delivery location in London (SW1W 9SP).

This tender presents significant opportunities for businesses, particularly those with expertise in financial auditing services and the capacity to engage in government contracts. Large auditing firms or those with extensive experience in public sector audits would be well-suited to compete, especially firms capable of delivering comprehensive audit reporting and engaging with audit committees. The successful recipient, KPMG AUDIT PLC, showcases the level of capability expected, thus underscoring the competitive nature of such opportunities.

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Notice Title

Financial Audit Frameworks 2019 Bundle 3 London

Notice Description

Delivery of the following audits on a contracted-out basis for the 2019-20 and 2020-21 audit cycles: - Health Research Authority - Crown Prosecution Service - Valuation Tribunal Service - Wales Office - Government Legal Department - HM Procurator and Treasury Solicitor - Crown's Nominee - Serious Fraud Office Resource Accounts and Trust Statement - Funds in Court: Part A and Funds in Court: Part C For each audit cycle, and for each of the accounts the following outputs are required; * Audit Planning Report; * ISA-compliant audit; * Shadow audit certificate; * Audit Completion Report and Management Letter; and * Attendance at audit committees. Client-facing documents and shadow audit certificates should be prepared using the relevant NAO standard template, which the NAO contact will provide, unless otherwise agreed with the NAO.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f1bd64ad-2738-47d6-92a5-5b9fa74a486f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3b8e0be5-3454-464b-8b6c-8257d8a5b252
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
£1,028,760 £1M-£10M
Lots Value
Not specified
Awards Value
£1,028,760 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
21 Oct 20196 years ago
Submission Deadline
30 Sep 2019Expired
Future Notice Date
Not specified
Award Date
30 Sep 20196 years ago
Contract Period
6 Oct 2019 - 6 Oct 2021 2-3 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
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

Supplier Information

Number of Suppliers
1
Supplier Name

KPMG AUDIT

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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