Award

Specialist Audit Services Framework

NATIONAL AUDIT OFFICE

This public procurement record has 2 releases in its history.

Award

26 May 2022 at 11:05

Tender

07 Sep 2021 at 15:15

Summary of the contracting process

The National Audit Office (NAO), located in London, has conducted a procurement process titled "Specialist Audit Services Framework," primarily focused on accounting, auditing, and fiscal services. This tender is currently at the Award stage, having been initiated with an open procurement method. The contract encompasses three specific lots: Pensions, Property, and Digital Financial Audit, and was valued at £6,170,000. Key dates include the completion of the tendering phase, which concluded in October 2021, and the contracts are intended to support audit cycles spanning from 2021 to 2025.

This procurement presents significant opportunities for small and medium enterprises (SMEs) seeking to enter the public sector market, particularly those specialising in audit, actuarial services, and digital financial solutions. With a focus on collaborative high-quality audits, businesses that can provide expertise in actuarial support, digital audits, or related training services will find this framework particularly suitable for competition. The contract requires suppliers to demonstrate strong skills and capabilities, especially in enhancing public sector financial accountability and performance.

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Notice Title

Specialist Audit Services Framework

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 to improve public services through our high-quality audits. The NAO's Specialist Audit Service Framework is a fundamental part of being able to carry out our purpose and achieve our objectives. We are looking for firms who we can work in partnership with to ensure the delivery of high-quality audits which support effective accountability and lead to better financial reporting and financial management by public bodies. Our contract is divided into 3 Lots *Lot 1 - Pensions *Lot 2 - Property *Lots 3 - Digital Financial Audit For more information on this framework please access www.delta-esourcing.com

Lot Information

Pensions

Pension The provision of actuarial specialist advice and engagement to support the delivery of NAO audits across sectors over the 2021-22, 2022-23 2023-24 and 2024-25 audit cycles. Within this Lot, the supplier will be required to provide the following services: Actuarial expert secondments Direct support to NAO audits Support to the NAO's Pensions Centre of Expertise Training and support to NAO audit teams Learning and development for the NAO's Pensions Centre of Expertise Specialist skills Additional information: It is the NAO's intention, subject to the requirement below, to award contracts for Lot 1 to three organisations, namely Deloitte LLP, PricewaterhouseCoopers LLP and KPMG LLP.

Renewal: Consideration of Framework renewal shall be detailed within ITT Document, Suppliers are requested to refer to the published ITT document for further information.

Property

Property The provision of actuarial specialist advice and engagement to support the delivery of NAO audits across sectors over the 2021-22, 2022-23 2023-24 and 2024-25 audit cycles. Within this Lot, the supplier will be required to provide the following services: Training and support to NAO audit teams Training for the NAO's Property Centre of Expertise Direct support to NAO audits Support to the NAO's Property Centre of Expertise Specialist skills Secondments Additional information: It is the NAO's intention, subject to the requirement below, to award contracts for Lot 2 to three organisations, namely Deloitte LLP, Ernst & Young LLP and KPMG LLP.

Renewal: Consideration of Framework renewal shall be detailed within ITT Document, Suppliers are requested to refer to the published ITT document for further information.

Digital Financial Audit

The NAO combines the use of digital tools, techniques and expertise to support the Financial Audit Service Line in auditing risks arising from digital solutions relevant to financial reporting across government. This includes applying IT audit and data enabled techniques, evaluating and testing controls within and associated with information systems relevant to financial reporting and providing expert advice and support for other digital matters. We further combine the management, operation and support of our audit tools, such as our data ingestion and analysis solutions, audit management and documentation solutions into our Digital Financial Audit team. We are seeking suppliers capable of providing Digital Financial Audit skills to support the delivery of NAO audits over the 2021-22, 2022-23, 2023-24 and 2024-25 audit cycles. Within this Lot, the supplier will be required to provide the following services: Direct support to NAO audits Support to the NAO's Digital Financial Audit Team Training and support to NAO audit teams Training for the NAO's Digital Financial Audit team Specialist skills Secondments Additional information: It is the NAO's intention, subject to the requirement below, to award contracts for Lot 3 to three organisations, namely Azets, Ernst & Young LLP and KPMG LLP.

Renewal: Consideration of Framework renewal shall be detailed within ITT Document, Suppliers are requested to refer to the published ITT document for further information.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02de0e
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/014732-2022
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
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

79200000 - Accounting, auditing and fiscal services

Notice Value(s)

Tender Value
£6,170,000 £1M-£10M
Lots Value
£6,170,000 £1M-£10M
Awards Value
Not specified
Contracts Value
£6,972,100 £1M-£10M

Notice Dates

Publication Date
26 May 20223 years ago
Submission Deadline
15 Oct 2021Expired
Future Notice Date
Not specified
Award Date
25 Nov 20214 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
NATIONAL AUDIT OFFICE
Contact Name
Central Procurement Team
Contact Email
nao.procurement@nao.org.uk
Contact Phone
+44 2077987372

Buyer Location

Locality
VICTORIA
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
TLI London

Local Authority
Westminster
Electoral Ward
Pimlico North
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
5
Supplier Names

AZETS

DELOITTE

ERNST & YOUNG

KPMG

PRICEWATERHOUSECOOPERS

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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