Award

NAO Case Management Solution for Financial Audits

NATIONAL AUDIT OFFICE

This public procurement record has 1 release in its history.

Award

15 Mar 2022 at 14:14

Summary of the contracting process

The National Audit Office (NAO) in London has undertaken a tender process for the development of a Case Management Solution aimed at enhancing financial audits. This procurement falls under the IT services sector, specifically focusing on consulting, software development, and support. The NAO is seeking a partner to deliver a dynamic and flexible solution that aligns with their evolving financial audit requirements. Currently, the tender has been completed, and the awarded contract is valued at approximately £7.68 million. Key stakeholders involved include the NAO's Central Procurement Team, and bidders had previously until March 1, 2022, to submit their proposals, with a total of four bids received, two of which were from small or medium enterprises.

This contract presents a significant opportunity for businesses in the IT services and software development sectors, especially those specializing in case management systems, financial audit solutions, and consultancy services tailored for public sector clients. SMEs and larger firms with the capability to integrate existing products or develop new solutions could find this a lucrative venture given the NAO's prominence as an independent public spending watchdog. The innovative nature of the required solution aims to not only fulfil NAO's needs but may also benefit other external audit organisations in the future, fostering potential for wider partnerships and growth in this sector.

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Notice Title

NAO Case Management Solution for Financial Audits

Notice Description

The National Audit Office (NAO) is transforming how it undertakes financial audits. It seeks a strategic partner to develop a flexible case management technology solution to meet the requirements of modern financial auditing.The solution will deliver the NAO's financial audit methodology through dynamic workflow & task management, document & content management, rich internal and external collaboration, with support for data-led audits and comprehensive MI, reporting & analytics. It must integrate closely with other NAO systems, and provide flexibility to respond to changing future requirements.The NAO is recognised globally as an exemplar organisation for public sector audit. This is a unique opportunity to work with us to develop a solution for our requirements that is also likely to be valuable to other external audit organisations.

Lot Information

Lot 1

The NAO is the UK's independent public spending watchdog. It supports Parliament in holding government to account and helps improve public services through high-quality audits. The NAO is transforming how it undertakes financial audits. It has set out a programme to improve the quality and efficiency NAO audits, and to meet the requirements of the revised ISA (UK) 315 standard. Solution proposals of all types are welcomed. The best solution to meet the requirements could be based on an existing software product, or configuration of a platform, or a development of separate components. The key steps in the audit workflow are predefined. The path through them is defined by analysis of the audited organisation's financial data, and by the risks identified in each step. The workflow for each audit can therefore change during the process.Through the long-term engagement, the selected partner will operate the solution, and work with the NAO develop it further to meet future requirements. Additional information: To respond to this opportunity please click here: https://www.delta-esourcing.com/respond/7A6FCM8855

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0321ee
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/006996-2022
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive dialogue
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

72 - IT services: consulting, software development, Internet and support


CPV Codes

48000000 - Software package and information systems

48100000 - Industry specific software package

48170000 - Compliance software package

48200000 - Networking, Internet and intranet software package

48311000 - Document management software package

48311100 - Document management system

48780000 - System, storage and content management software package

48900000 - Miscellaneous software package and computer systems

72000000 - IT services: consulting, software development, Internet and support

72200000 - Software programming and consultancy services

72212219 - Miscellaneous networking software development services

72220000 - Systems and technical consultancy services

72222300 - Information technology services

72227000 - Software integration consultancy services

72230000 - Custom software development services

72260000 - Software-related services

72266000 - Software consultancy services

72416000 - Application service providers

72600000 - Computer support and consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£7,680,834 £1M-£10M

Notice Dates

Publication Date
15 Mar 20223 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
1 Mar 20223 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
NAO Central Procurement Team
Contact Email
nao.procurement@nao.org.uk
Contact Phone
+44 2077987699

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
TLI London

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

Supplier Information

Number of Suppliers
1
Supplier Name

TISSKI

Open Contracting Data Standard (OCDS)

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