--- title: "GEN_22_104 Financial Instruments" ocid: "ocds-b5fd17-1b473c19-7f3b-4345-94cf-d70e12b1f5a9" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-1b473c19-7f3b-4345-94cf-d70e12b1f5a9" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-1b473c19-7f3b-4345-94cf-d70e12b1f5a9.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-1b473c19-7f3b-4345-94cf-d70e12b1f5a9.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-b5fd17-1b473c19-7f3b-4345-94cf-d70e12b1f5a9 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-1b473c19-7f3b-4345-94cf-d70e12b1f5a9) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-1b473c19-7f3b-4345-94cf-d70e12b1f5a9.json) ## Summary The National Audit Office (NAO), located in London, England, has completed the procurement process for the "GEN_22_104 Financial Instruments" framework, which falls under the financial auditing services category (CPV code: 79212100). The procurement was an open procedure above the threshold amount. The contract has been awarded to multiple suppliers, including Ernst & Young LLP, for a total value of £6.4 million including VAT, covering a contract period from 1st April 2023 to 31st March 2027. The framework includes two 12-month extensions with the most recent extension arranged to conclude on 31st March 2027. The procurement process was concluded with the award made active on 25th January 2023, and the relevant award notice was published on 17th April 2023. This tender presents significant opportunities for growth, particularly for large businesses capable of providing specialised financial instrument services, training, and advisory. The framework offers a robust platform for service providers to support NAO in auditing, with an expansive contract value of £6.4 million, which could be particularly appealing to firms looking to strengthen their governmental collaboration portfolios. Although the framework is not specifically aimed at SMEs or VCSEs, large enterprises with experience in financial auditing services will find this an ideal venue to leverage their expertise and grow their business presence within the public sector in the UK. ## 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/58981a8f-03fb-4980-9426-6f2483f49320 | | 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 | ERNST & YOUNG | ## CPV Codes ### Divisions - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 79212100 - Financial auditing services ## Release History - 9 Mar 2026 at 09:54 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/58981a8f-03fb-4980-9426-6f2483f49320 - 4 Mar 2026 at 14:54 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/58981a8f-03fb-4980-9426-6f2483f49320 - 19 Mar 2025 at 14:47 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/58981a8f-03fb-4980-9426-6f2483f49320 - 17 Apr 2023 at 11:27 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/58981a8f-03fb-4980-9426-6f2483f49320 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/58981a8f-03fb-4980-9426-6f2483f49320 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-b5fd17-1b473c19-7f3b-4345-94cf-d70e12b1f5a9. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-1b473c19-7f3b-4345-94cf-d70e12b1f5a9.json.