CPT_23_11 External Audit service

National Audit OfficecontractFind a TenderRef ocds-h6vhtk-03c52e32014L0024closed for bids
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Estimated value

£583k

services

Awarded value

Suppliers

0

Lots

1

0 awarded

Published

08 Sept 2023

Deadline 10 Oct 2023

Description

The National Audit Office (NAO) is the UK's independent public spending watchdog. We support Parliament in holding government to account and we help improve public services through our high-quality audits work. NAO is now seeking an External Auditor who will be expected to audit the financial years ending 31 March 2025, 2026, and 2027 to an appropriate timetable. The NAO aims to have its Annual Report and Accounts (which include the financial statements) ready for publication in June each year following the 31 March year end. The contract is anticipated to commence July 2024 for an initial period of 3 years with an option for the NAO to extend the contract for a period of up to two years subject to approval by the Public Accounts Commission (on the basis of two periods of 12 months) (potentially making it a maximum term of 5 years. The estimated value of the contract is £700,000 inclusive of VAT for the full 5 years.

Scope

Reference
ocds-h6vhtk-03c52e
Total value
£583,333.33 excluding VAT
Commercial tool
Standalone contract
Contract dates

Consideration of renewal shall be detailed within ITT Document, Suppliers are requested to refer to the published ITT document for further information.

Main category
services
Contract locations
UK

Award criteria

Criteria the buyer will use to evaluate bids.

NameDescriptionTypeWeighting
price

Submission & procedure

Submission deadline
10 Oct 2023, 11:00 am
Procedure
Open procedure