---
title: "NAO - Financial System Transactions Data Extraction Tool"
ocid: "ocds-b5fd17-3b12845f-0c9b-4767-9d26-71898533339e"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-3b12845f-0c9b-4767-9d26-71898533339e"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-3b12845f-0c9b-4767-9d26-71898533339e.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-3b12845f-0c9b-4767-9d26-71898533339e.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NATIONAL AUDIT OFFICE"
published: "2024-08-12"
---

# NAO - Financial System Transactions Data Extraction Tool

Buyer: NATIONAL AUDIT OFFICE  
Current stage: Award  
OCID: ocds-b5fd17-3b12845f-0c9b-4767-9d26-71898533339e

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-3b12845f-0c9b-4767-9d26-71898533339e)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-3b12845f-0c9b-4767-9d26-71898533339e.json)

## Summary

The National Audit Office (NAO) has awarded a contract for the provision of a financial system transactions data extraction tool. The contract, valued at £225,000 GBP (inclusive of VAT), is part of the IT services category (CPV code 72000000). The contract period is set from 31st July 2024 to 30th July 2025. The procurement method used was an open procedure, and the tendering period concluded on 24th July 2024. The procurement covers delivery addresses in the British Overseas Territories, Channel Islands, Europe, Isle of Man, the United Kingdom, and other parts of the world.

This tender offers significant business growth opportunities for companies providing IT services, particularly those specialising in data extraction and financial systems software. While the contract was awarded to Validis UK Limited, it highlights the NAO's demand for robust IT solutions, suggesting future opportunities for similar tenders. Businesses well-suited to compete in this space include IT consulting firms, software development companies, and vendors offering specialised financial data solutions. The procurement process was highly competitive, encouraging participation from capable SMEs despite the awarded contract not specifying explicit SME suitability.

## Notice

The National Audit Office (NAO) has awarded a contract for the provision of software to support with data extraction from financial systems used by bodies audited by NAO. The contract value is PS270,000 inclusive of VAT, for the duration of the contract term (1+1+1).

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/2baca406-8d14-4d6c-8641-418835558d51 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 12 Aug 2024 |
| Submission deadline | 23 Jul 2024 |
| Future notice date | Not specified |
| Award date | 23 Jul 2024 |
| Contract period | 30 Jul 2024 - 30 Jul 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £225,000 |
| Lots value | Not specified |
| Awards value | £225,000 |
| 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 | VICTORIA |
| 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 | VALIDIS |

## CPV Codes

### Divisions

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

### Codes

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

## Release History

- 12 Aug 2024 at 11:45 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/2baca406-8d14-4d6c-8641-418835558d51

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/2baca406-8d14-4d6c-8641-418835558d51
  12th August 2024 - Awarded contract notice on Contracts Finder
- https://www.delta-esourcing.com/delta/respondToList.html?noticeId=882043706
  Please follow this link to view the notice.

## 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-b5fd17-3b12845f-0c9b-4767-9d26-71898533339e. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-3b12845f-0c9b-4767-9d26-71898533339e.json.