---
title: "UK Asset Resolution 2018-19"
ocid: "ocds-b5fd17-cde77b11-ec1c-4b78-923b-7865fcb2d405"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-cde77b11-ec1c-4b78-923b-7865fcb2d405"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-cde77b11-ec1c-4b78-923b-7865fcb2d405.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-cde77b11-ec1c-4b78-923b-7865fcb2d405.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NATIONAL AUDIT OFFICE"
published: "2019-02-25"
---

# UK Asset Resolution 2018-19

Buyer: NATIONAL AUDIT OFFICE  
Current stage: Award  
OCID: ocds-b5fd17-cde77b11-ec1c-4b78-923b-7865fcb2d405

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## Summary

The procurement process titled "UK Asset Resolution 2018-19" is conducted by the National Audit Office, focusing on the industry of financial auditing services. The procurement was initiated on 25th February 2019, with the tender period ending on 1st April 2019. This contract, valued at £15,600, involves the engagement of Grant Thornton UK LLP as the supplier to provide expert assurance on the valuation of the defined benefit pension schemes. The contract period is set from 1st May 2019 to 1st June 2019, and it follows a selective procurement method through a call-off from a framework agreement.

This tender offers significant opportunities for growth, especially for firms specialising in financial auditing and advisory services. Companies with expertise in pension scheme evaluations and a proven track record in similar assurance services will be well-positioned to compete for such contracts. Additionally, larger firms like Grant Thornton UK LLP may find it advantageous to collaborate with smaller local consultancies to strengthen their bids and enhance service delivery.

## Notice

Engagement of GT to act as an auditor's expert to provide assurance on the valuation of the B&B and NRAM defined benefit pension schemes. The schemes are due a triennial valuation during the year and we expect the schemes to transfer to UKAR during the year too.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/be49ad4e-238f-47fa-8a6d-c58717fede38 |
| 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 | 25 Feb 2019 |
| Submission deadline | 1 Apr 2019 |
| Future notice date | Not specified |
| Award date | 13 Feb 2019 |
| Contract period | 30 Apr 2019 - 1 Jun 2019 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £15,600 |
| Lots value | Not specified |
| Awards value | £15,600 |
| 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 | GRANT THORNTON |

## CPV Codes

### Divisions

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

### Codes

- 79212100 - Financial auditing services

## Release History

- 25 Feb 2019 at 16:17 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/be49ad4e-238f-47fa-8a6d-c58717fede38

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/be49ad4e-238f-47fa-8a6d-c58717fede38
  25th February 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-cde77b11-ec1c-4b78-923b-7865fcb2d405. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-cde77b11-ec1c-4b78-923b-7865fcb2d405.json.