GEN_22_104 Financial Instruments

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 £3.2m including VAT (£800k 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% £1.6m including VAT increasing the overall framework value to £4,8m 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% £1.6m including VAT increasing the overall framework value to £6,4m 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.