---
title: "NHSPS 2018-19 EY"
ocid: "ocds-b5fd17-522dfb30-0ccf-409d-acce-c0fb67da6af2"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-522dfb30-0ccf-409d-acce-c0fb67da6af2"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-522dfb30-0ccf-409d-acce-c0fb67da6af2.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-522dfb30-0ccf-409d-acce-c0fb67da6af2.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NATIONAL AUDIT OFFICE"
published: "2019-05-30"
---

# NHSPS 2018-19 EY

Buyer: NATIONAL AUDIT OFFICE  
Current stage: Award  
OCID: ocds-b5fd17-522dfb30-0ccf-409d-acce-c0fb67da6af2

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## Summary

The procurement process titled "NHSPS 2018-19 EY" was undertaken by the National Audit Office, focusing on financial auditing services. This contract involved auditing property valuations conducted by NHSPS and was valued at £27,600. The procurement method used was selective, specifically a call-off from a framework agreement. The tender period concluded on 27 March 2019, with the contract period running from 29 April 2019 to 29 July 2019, based in London, England. The award for this contract was published on 30 May 2019, with Ernst & Young as the chosen supplier.

This tender presents a significant opportunity for businesses in the financial auditing sector, particularly those with expertise in property valuation audits. Companies that specialise in financial services or possess the capacity to perform assessments in line with the expectations set out in the contract could find this a beneficial avenue for growth. As the contract has been awarded, understanding the nuances of this process could help prospective participants prepare for future opportunities in similar procurement initiatives.

## Notice

Audit of property valuation undertaken by NHSPS expert (Montague Evans) as at 31 March 2019. The basic cost of the assignment is PS23k + VAT, based on a sample size of 20, with no changes to the methodology since EY's last review. There is scope for this to increase in certain circumstances: if issues are found with the sample and it has to be extended to up to 30 sample items, and/or the methodogy has changed. The maximum quoted cost including this additional work is PS36k + VAT . We have discussed all scenarios, and we would have to jointly agree any increase for it to be valid. The outputs expected on completion of the assignment 1. A high level review of the methodology adopted by NHS Property Services and their valuers (Montagu Evans) to assess the reasonableness of the key assumptions and judgements in their methodology approach. 2. A report that reviews the findings from the sample test of land and buildings to confirm that the methodology is appropriately and consistently applied.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/1c02174a-4ef8-43e0-9881-4e77c2b2a46b |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 30 May 2019 |
| Submission deadline | 27 Mar 2019 |
| Future notice date | Not specified |
| Award date | 2 Apr 2019 |
| Contract period | 28 Apr 2019 - 29 Jul 2019 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £27,600 |
| Lots value | Not specified |
| Awards value | £27,600 |
| 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

- 30 May 2019 at 09:19 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/1c02174a-4ef8-43e0-9881-4e77c2b2a46b

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/1c02174a-4ef8-43e0-9881-4e77c2b2a46b
  30th May 2019 - 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-b5fd17-522dfb30-0ccf-409d-acce-c0fb67da6af2. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-522dfb30-0ccf-409d-acce-c0fb67da6af2.json.