Source: https://tendernation.io/opportunities/01a13c06-0145-714f-be44-853859c2abd6/framework-agreement-for-the-provision-of-financial-audit-and-assurance-services closed GB open procedure Suitable for SMEs # Framework Agreement for the Provision of Financial Audit and Assurance Services [National Audit Office](https://tendernation.io/buyers/national-audit-office) Estimated value £40,000,000 Published 23 Oct 2015 Deadline Closed 7 Mar 2016 ## Who can bid - Buyer says suitable for SMEs The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid. - Sets up a framework Winning a place does not guarantee work: contracts are awarded later as call-offs, and the list usually stays closed for years. - Open procedure Anyone can submit a full tender; there is no shortlisting stage. [More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses) ## About this tender The National Audit Office (NAO) scrutinises public spending for Parliament and is independent of government. The Comptroller and Auditor General (C&AG) is an Officer of the House of Commons and leads the NAO; he certifies the accounts of all UK government departments and many other public sector bodies. The NAO's recommendations and reports on good practice help government to improve public services, and its work led to audited savings of £1.15 billion in 2014. The NAO is seeking to establish a framework agreement for appointing firms able to deliver, or contribute to the delivery or development of, financial audit and other assurance engagements or related work for and on behalf of the C&AG. This work is required throughout the United Kingdom. The NAO currently has three major client groups ('Lots') from which it contracts-out financial audit work to firms providing financial audit and assurance services. The relevant framework agreements are due to expire, and the NAO intends to replace these frameworks with a single framework agreement covering all areas of central government. The contract will commence with work to support the audits of 2016-17 financial statements. The services to be provided are expected to cover a wide range of resource and expertise and are expected to include, but are not limited to, external audit services, including providing reasonable assurance that income and expenditure have been applied to the purposes intended by Parliament, and that financial transactions conform to the authorities which govern them ('regularity'), as well as IT audits and information assurance work, related consultancy and provision of staff support and advice and training. This could require firms to undertake a range of work including, but not limited to, complete audits, the provision of specialist expertise on specific account or audit areas, and the provision of contract staff to work as part of NAO audit teams. Read full description ## CPV classification Statutory audit services Source Contracts Finder (UK) [View official notice](https://www.contractsfinder.service.gov.uk/notice/ecbf9bc3-adc8-11e6-9901-0019b9f3037b) Never miss a tender like this again Get AI summaries, deadline alerts and a bid pipeline for tenders matched to your business. Free to start. 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