---
title: "Property Valuation Services - NAO Code Audits"
ocid: "ocds-b5fd17-cff52a11-f9de-4142-9d0d-8d3fb214889d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-cff52a11-f9de-4142-9d0d-8d3fb214889d"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-cff52a11-f9de-4142-9d0d-8d3fb214889d.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-cff52a11-f9de-4142-9d0d-8d3fb214889d.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NATIONAL AUDIT OFFICE"
published: "2023-08-07"
---

# Property Valuation Services - NAO Code Audits

Buyer: NATIONAL AUDIT OFFICE  
Current stage: Award  
OCID: ocds-b5fd17-cff52a11-f9de-4142-9d0d-8d3fb214889d

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-cff52a11-f9de-4142-9d0d-8d3fb214889d)  
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## Summary

The National Audit Office has awarded a contract to Montagu Evans LLP for Property Valuation Services under the CPV category of Accounting, auditing, and fiscal services. The contract duration is for 3 years with two optional 12-month extensions. The procurement method was selective, calling off from a framework agreement. The tender period ended on 6th March 2023, and the contract period is from 27th March 2023 to 26th March 2028. The buying organisation is the National Audit Office, located at 157-197 Buckingham Palace Road, London, England.

This tender for Property Valuation Services presents growth opportunities for businesses, especially SMEs, involved in accounting, auditing, and fiscal services. Suitable businesses can compete in providing valuation services to support the National Audit Office's Audit Regime. The contract provides opportunities for businesses to work with auditors in using expert audit evidence to inform expectations of asset values, including property, plant, and investment properties. Businesses seeking to expand their footprint in the auditing sector should consider engaging with this tender opportunity.

## Notice

National Audit Office (NAO) awarded a contract to the supplier through Lot 5: Valuation and Compulsory Purchase Orders of Crown Commercial Services RM6168 Estate Management Services framework. The selected Supplier Montagu Evans LLP will be providing Valuation Services in support of the NAO's Audit Regime. The service is to support auditors of the National Audit Office and auditors performing audits under the Code of Audit Practice in using the work of an expert as audit evidence and to inform their expectations of movements in the values of fixed assets / property, plant and equipment / investment properties. The contract duration will be 3 years with optional two, 12 month extensions.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/8055757b-fa3c-4e78-b2db-dfa9966ac8a6 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 7 Aug 2023 |
| Submission deadline | 6 Mar 2023 |
| Future notice date | Not specified |
| Award date | 28 Mar 2023 |
| Contract period | 26 Mar 2023 - 26 Mar 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £85,680 |
| Lots value | Not specified |
| Awards value | £85,680 |
| 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 | MONTAGU EVANS |

## CPV Codes

### Divisions

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

### Codes

- 79200000 - Accounting, auditing and fiscal services

## Release History

- 7 Aug 2023 at 12:40 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/8055757b-fa3c-4e78-b2db-dfa9966ac8a6
- 7 Aug 2023 at 11:06 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/8055757b-fa3c-4e78-b2db-dfa9966ac8a6
- 11 Apr 2023 at 07:49 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/8055757b-fa3c-4e78-b2db-dfa9966ac8a6

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/8055757b-fa3c-4e78-b2db-dfa9966ac8a6
  7th August 2023 - 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-cff52a11-f9de-4142-9d0d-8d3fb214889d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-cff52a11-f9de-4142-9d0d-8d3fb214889d.json.