---
title: "AQR Annual Inspection 2024-25 Audits"
ocid: "ocds-b5fd17-bf53cad0-6980-42d8-9fb0-eeda3f668c5b"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-bf53cad0-6980-42d8-9fb0-eeda3f668c5b"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-bf53cad0-6980-42d8-9fb0-eeda3f668c5b.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-bf53cad0-6980-42d8-9fb0-eeda3f668c5b.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NATIONAL AUDIT OFFICE"
published: "2025-11-07"
---

# AQR Annual Inspection 2024-25 Audits

Buyer: NATIONAL AUDIT OFFICE  
Current stage: Award  
OCID: ocds-b5fd17-bf53cad0-6980-42d8-9fb0-eeda3f668c5b

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## Summary

The National Audit Office (NAO), based in London, has completed the procurement process for the "AQR Annual Inspection 2024-25 Audits" with an award dated 31st October 2025. This tender focused on financial auditing services was valued at £330,000 inclusive of VAT. The procurement adopted a direct method characterised by a single tender action below the threshold. The contract, intended to span one year from 31st October 2025 to 30th October 2026, was awarded to the Financial Reporting Council. This process falls under the financial auditing services category, with NAO as the buyer located at Buckingham Palace Road, and the service delivery scheduled for the same London postcode, SW1W 9SP.

This tender presents unique growth opportunities for businesses specialising in financial auditing services. Considering the single tender action employed, companies with established reputation and capability in the financial sector, particularly those adaptable to the public sector's high standards, would find opportunities to engage in more such contracts. Small and medium enterprises (SMEs) could especially benefit from aligning their offerings with such high-value audits as pursued by NAO, presenting them a platform to demonstrate expertise in a prominent regulatory environment.

## Notice

The Financial Reporting Council's (FRC) Inspection of NAO Audits for the 2024-25 audit cycle. The contract will run for 1 year from the 31st October 2025 until the 30th October 2026. The estimated contract value will be PS330,000 (Inc. VAT).

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/d14cb77d-ebb7-488f-8744-c0efca5dda49 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Single tender action (below threshold) |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 7 Nov 2025 |
| Submission deadline | 30 Sep 2025 |
| Future notice date | Not specified |
| Award date | 31 Oct 2025 |
| Contract period | 31 Oct 2025 - 30 Oct 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £330,000 |
| Lots value | Not specified |
| Awards value | £330,000 |
| 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 | FINANCIAL REPORTING COUNCIL |

## CPV Codes

### Divisions

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

### Codes

- 79212100 - Financial auditing services

## Release History

- 7 Nov 2025 at 14:08 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/d14cb77d-ebb7-488f-8744-c0efca5dda49

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/d14cb77d-ebb7-488f-8744-c0efca5dda49
  7th November 2025 - 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-bf53cad0-6980-42d8-9fb0-eeda3f668c5b. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-bf53cad0-6980-42d8-9fb0-eeda3f668c5b.json.