--- title: "GEN_22_104 Financial Instruments" ocid: "ocds-b5fd17-11681b9f-c923-496c-a234-b9b0c67c0133" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-11681b9f-c923-496c-a234-b9b0c67c0133" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-11681b9f-c923-496c-a234-b9b0c67c0133.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-11681b9f-c923-496c-a234-b9b0c67c0133.json" source: "Contracts Finder" current_stage: "Award" buyer: "NATIONAL AUDIT OFFICE" published: "2026-03-09" --- # GEN_22_104 Financial Instruments Buyer: NATIONAL AUDIT OFFICE Current stage: Award OCID: ocds-b5fd17-11681b9f-c923-496c-a234-b9b0c67c0133 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-11681b9f-c923-496c-a234-b9b0c67c0133) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-11681b9f-c923-496c-a234-b9b0c67c0133.json) ## Summary The National Audit Office (NAO) has completed the procurement process for the "GEN_22_104 Financial Instruments", placing several suppliers onto a Financial Instrument Framework specifically designed to furnish financial auditing services within the United Kingdom. The procurement follows an open procedure (above threshold). The framework, managed by NAO located at Buckingham Palace Road, London, commenced on 1st April 2023 and will now extend until 31st March 2027, following recent amendments allowing a 12-month contractual extension as of February 2026. Noteworthy adjustments have been made to the contract value twice: first increasing to £4.8m including VAT in March 2025, and later up to £6.4m including VAT by January 2026. This framework presents lucrative opportunities for large businesses proficient in financial auditing services. Although not targeted at small or voluntary organisations, the framework offers significant annual revenue of £800k plus VAT, totalling £6.4m including VAT for the entire contract, making it suitable for large, experienced firms capable of providing specialist advice and training to enhance audit support to NAO. Businesses like Mazars LLP, already identified as suppliers, can leverage their expertise to foster growth while ensuring high-quality auditing services within the UK sector. ## Notice The National Audit Office has awarded a place to multiple suppliers onto a Financial Instrument Framework to provide Financial Instrument Services for the provision of specialist advice, training and expertise to support the NAO audits sector. The selected supplier now has a place on the Framework which has the contract value of PS3.2m including VAT (PS800k per annum) over a period of four years including 2, 12-month extensions. As of January 2025, the value of the framework was varied up to 50% PS1.6m including VAT increasing the overall framework value to PS4,8m including VAT. As of March 2025, the framework has been extended by 12 months from Tuesday 1st April 2025 to Tuesday 31st March 2026. As of January 2026, the value of the framework was varied up to 50% PS1.6m including VAT increasing the overall framework value to PS6,4m including VAT. As of February 2026, the framework has been extended for the final time by 12 months from Wednesday 1st April 2026 to Wednesday 31st March 2027. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/72a8c049-216f-459e-9991-879360229ccc | | Notice type | Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (above threshold) | | Tender suitability | Not specified | | Awardee scale | Large | | All stages | Award | ## Dates | Field | Value | | --- | --- | | Publication date | 9 Mar 2026 | | Submission deadline | 19 Dec 2022 | | Future notice date | Not specified | | Award date | 25 Jan 2023 | | Contract period | 31 Mar 2023 - 31 Mar 2027 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £6,400,000 | | Lots value | Not specified | | Awards value | £6,400,000 | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Not specified | | Awards status | Active | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | NATIONAL AUDIT OFFICE | | Locality | LONDON | | Post town | South West London | | Postcode | SW1W 9SP | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI3 Inner London - West | | ITL 3 | TLI35 Westminster and City of London | | Local authority | Westminster | | Electoral ward | Pimlico North | | Westminster constituency | Cities of London and Westminster | | Delivery location | Not specified | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | MAZARS | ## CPV Codes ### Divisions - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 79212100 - Financial auditing services ## Release History - 9 Mar 2026 at 10:14 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/72a8c049-216f-459e-9991-879360229ccc - 5 Feb 2026 at 14:22 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/72a8c049-216f-459e-9991-879360229ccc - 19 Mar 2025 at 14:50 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/72a8c049-216f-459e-9991-879360229ccc - 17 Apr 2023 at 11:26 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/72a8c049-216f-459e-9991-879360229ccc ## Documents - https://www.contractsfinder.service.gov.uk/Notice/72a8c049-216f-459e-9991-879360229ccc 9th March 2026 - Awarded contract notice on Contracts Finder ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-11681b9f-c923-496c-a234-b9b0c67c0133. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-11681b9f-c923-496c-a234-b9b0c67c0133.json.