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CPT_23_02 Financial Audit Temporary and Permanent Recruitment Services

National Audit Office

This public procurement record has 5 releases in its history.

Award

18 Jan 2024 at 13:11

Award Notice
Tender

18 Aug 2023 at 19:05

Tender Notice
Tender

18 Aug 2023 at 18:02

Tender Notice
TenderUpdate

28 Mar 2023 at 14:36

Tender Notice
Planning

28 Mar 2023 at 13:03

Planning Notice
Summary of the contracting process

The National Audit Office (NAO), the UK's independent public spending watchdog, initiated a procurement process for Financial Audit Temporary and Permanent Recruitment Services. The NAO was looking for organisations to provide these services, which would be divided into two lots. The contract value for both lots is £12.129m inclusive of VAT, with contracts expected to go live by December 2023 for an initial period of 2 years, extendable for two more years. The NAO intended to award contracts to up to 5 of the highest-ranked suppliers for each lot.

This tender by the NAO presents opportunities for businesses, especially in the recruitment services sector, to secure contracts for providing temporary and permanent staff for financial audit purposes. Small and medium enterprises (SMEs) and large organisations in the recruitment sector are well-suited to compete for these contracts. The NAO mentioned the intention to issue a separate recruitment services procurement exercise in early 2024 for various business support roles, providing further opportunities for business growth.

How relevant is this notice?

Notice Information

Notice Title

CPT_23_02 Financial Audit Temporary and Permanent Recruitment Services

Notice Description

The National Audit Office (NAO) the UK's independent public spending watchdog sought organisations who could deliver Financial Audit Temporary and Permanent Recruitment Services which support the NAO's permanent and temporary audit staffing needs. The service will be divided into two lots:- * Lot 1 Financial Audit Temporary Recruitment Services * Lot 2 Financial Audit Permanent Recruitment Services Interested suppliers were able to submit a bid for one or both of the lots and it was NAO intention to award contracts to up to a maximum of 5 of the highest-ranked suppliers for each lot (10 suppliers in total). The contract value for both lots is PS12.129m inclusive of VAT and the new contracts are expected to go live by December 2023 for an initial period of 2 years with the option to further extend the term of the agreement for a period of up to two years (on the basis of two periods of 12 months).

Lot Information

Lot 1 Financial Audit Temporary Recruitment Services

The selected suppliers awarded Lot 1 Financial Audit Temporary Recruitment Services contracts will be expected to recruit temporary financial audit staff for the NAO. The estimated contract values will be a combination of both agency commission and pay for temporary staff. Additional information: The Award Criteria The National Audit Office evaluated submitted tenders using the Most Economically Advantageous Tender (MEAT) methodology with organisations having to pass the following stages: * Selection Questionnaire - Pass/Fail; Tenderers needed to provide 3 case studies that demonstrated experience in delivering the service in order to pass this section. * Award Criteria - Tenderers needed to provide a responses to each sub-section and receive a quality score of 75 or more to pass this section. Then for each tenderer that passed the Selection and Award criteria stage, their overall price was divided by the Award Stage Quality score to calculate the price per quality point and only tenderers who scored the lowest price per quality point overall were awarded the contract for the respective lots.

Options: The contract will be in place for an initial period of 2 years with the option to further extend the term of the agreement for a period of up to two years (on the basis of two periods of 12 months).

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

Lot 2 Financial Audit Permanent Recruitment Services

The selected suppliers awarded Lot 2 Financial Audit Permanent Recruitment Services contracts will be expected to recruit permanent financial audit staff for the NAO. The estimated contract values will pay for agency's commission only. Additional information: The Award Criteria The National Audit Office evaluated submitted tenders using the Most Economically Advantageous Tender (MEAT) methodology with organisations having to pass the following stages: * Selection Questionnaire - Pass/Fail; Tenderers needed to provide 3 case studies that demonstrated experience in delivering the service in order to pass this section. * Award Criteria - Tenderers needed to provide a responses to each sub-section and receive a quality score of 75 or more to pass this section. Then for each tenderer that passed the Selection and Award criteria stage, their overall price was divided by the Award Stage Quality score to calculate the price per quality point and only tenderers who scored the lowest price per quality point overall were awarded the contract for the respective lots.

Options: The contract will be in place for an initial period of 2 years with the option to further extend the term of the agreement for a period of up to two years (on the basis of two periods of 12 months).

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

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03b6a2
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/001735-2024
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
Planning Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79600000 - Recruitment services

Notice Value(s)

Tender Value
£10,024,166 £10M-£100M
Lots Value
£10,024,166 £10M-£100M
Awards Value
Not specified
Contracts Value
£3,777,726 £1M-£10M

Notice Dates

Publication Date
18 Jan 20242 years ago
Submission Deadline
25 Sep 2023Expired
Future Notice Date
29 Mar 2023Expired
Award Date
27 Nov 20232 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

Buyer & Supplier

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
Postcode Area
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
4
Supplier Names

Allen Lane Limited

Gi Recruitment Limited

Hays Specialist Recruitment Limited

Reed Specialist Recruitment Ltd.

Further Information

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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