--- title: "GEN_22_104 Financial Instruments" ocid: "ocds-b5fd17-c286d2d1-2083-441a-b04f-36d61217f0fb" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-c286d2d1-2083-441a-b04f-36d61217f0fb" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-c286d2d1-2083-441a-b04f-36d61217f0fb.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-c286d2d1-2083-441a-b04f-36d61217f0fb.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-c286d2d1-2083-441a-b04f-36d61217f0fb [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-c286d2d1-2083-441a-b04f-36d61217f0fb) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-c286d2d1-2083-441a-b04f-36d61217f0fb.json) ## Summary The National Audit Office has successfully completed the procurement process for the "GEN_22_104 Financial Instruments" framework, aimed at providing financial instrument services, such as specialist advice, training, and expertise to support the audit sector. This process utilised an open procedure and culminated in awarding PricewaterhouseCoopers LLP a place on the framework. The procurement falls under the category of financial auditing services, with the framework contract running from 1st April 2023 to 31st March 2027, inclusive of 12-month extensions granted in March 2025 and February 2026. This contract has been incrementally varied, increasing its value by up to 50% as of January 2026, with the total valued at £6.4m including VAT over its duration. Services are to be delivered in the United Kingdom. This tender presents considerable opportunities for firms specialising in financial auditing services, particularly those with the capacity to provide ongoing consultancy, training, and strategic support. While the framework is secured, similar projects could arise, benefiting large-scale firms capable of delivering comprehensive audit support, like PricewaterhouseCoopers LLP, which is currently providing these services within the framework. The National Audit Office may engage further expertise or open similar tenders in this industry, offering business growth potential to large businesses in the financial services sector. Small and medium enterprises should be aware that this opportunity was not deemed suitable for SMEs or VCSEs, further indicating the project scale and complexity best suited for larger entities. ## 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/3387e7a7-2279-4e79-a543-35dbf677ab07 | | 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 | PRICEWATERHOUSECOOPERS | ## CPV Codes ### Divisions - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 79212100 - Financial auditing services ## Release History - 9 Mar 2026 at 10:17 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/3387e7a7-2279-4e79-a543-35dbf677ab07 - 5 Feb 2026 at 14:19 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/3387e7a7-2279-4e79-a543-35dbf677ab07 - 19 Mar 2025 at 14:52 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/3387e7a7-2279-4e79-a543-35dbf677ab07 - 17 Apr 2023 at 11:25 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/3387e7a7-2279-4e79-a543-35dbf677ab07 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/3387e7a7-2279-4e79-a543-35dbf677ab07 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-c286d2d1-2083-441a-b04f-36d61217f0fb. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-c286d2d1-2083-441a-b04f-36d61217f0fb.json.