Financial Audit and Assurance Services – Supplier Days January 2021
The purpose of this contract is to work in partnership with supplier firms to ensure we deliver high quality audits.
United Kingdom-London: Accounting, auditing and fiscal services
Prior information notice
This notice is for prior information only
Section I: Contracting authority
I.1)Name and addresses
Postal address: 157-197 Buckingham Palace Road, Victoria
NUTS code: UK UNITED KINGDOM
Postal code: SW1W9SP
Country: United Kingdom
Contact person: Central Procurement Team
Telephone: +44 2077987343
Main address: http://www.nao.org.uk/
I.4)Type of the contracting authority
Section II: Object
GEN_20_22 — Financial Audit and Assurance Services
II.1.2)Main CPV code
II.1.3)Type of contract
The National Audit Office (NAO) is the UK’s independent public spending watchdog. We support Parliament in holding government to account and we help to improve public services through our high-quality audits. The NAO’s contract is a fundamental part of being able to carry out our purpose and achieve our objectives. The purpose of this contract is to work in partnership with supplier firms to ensure we deliver high quality audits, to support effective accountability and lead to better financial reporting and financial management by public bodies. We will be contracting out a series of audit engagements which will be divided into lots as well as procuring additional services.
The Comptroller and Auditor General (C&AG) retains overall responsibility for signing the audit opinion and the NAO will work with supplier firms to ensure audit and assurance services are carried out in line with the relevant standards and quality expectations.
II.1.5)Estimated total value
II.1.6)Information about lots
II.2.3)Place of performance
II.2.4)Description of the procurement:
The total value of this procurement is estimated at GBP 33 million (excluding VAT) over 5 years consisting of 3 years minimum with option to extend for a further 2 years. This will be sub-divided into 6 to 8 contracts of approximate equal value. Each contract will be for a single supplier to carry out the audit of specifically named audit bodies, supplementary audit staff and training services as and when required.
Audits will need to be carried out to internationally recognised auditing standards but also adapted to the public sector reporting framework which includes the Government Financial Reporting Manual and checking that transactions have been applied to the purposes intended by Parliament and conform to the authorities which govern them (‘regularity’).
The contract term will be for a minimum of 3 years with an option to extend by a further 2 years (3 + 1 + 1).
This tender will be divided into lots. More information will be given at supplier days which will be held in January 2021. To register your interest for the supplier days, please ensure proposed attendees are registered on the Delta e-tendering portal. We will provide further details on the supplier days in due course. Information about our strategy and our work can be found at www.nao.org.uk
II.3)Estimated date of publication of contract notice:
Section IV: Procedure
IV.1.8)Information about the Government Procurement Agreement (GPA)
Section VI: Complementary information
For more information about this opportunity, please visit the Delta eSourcing portal at:
To respond to this opportunity, please click here:
GO Reference: GO-20201127-PRO-17431683
VI.5)Date of dispatch of this notice: