Awarded contract

Property Valuation Services - NAO Code Audits

Details

Value
£85,680
Duration
5 years
Topic
Accounting, auditing and fiscal services
Published
11 April 2023

Tender description

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.

Timeline

  1. Completed: Award date27 March 2023
  2. Completed: Award published11 April 2023
    Current notice
  3. Next: Contract expiry date26 March 2028in 17 months

About the buyer

The National Audit Office scrutinises government spending on Parliament's behalf, and buys as a central body with its own Central Procurement Team. Purchases span professional services, technology, training, facilities management and office supplies bought to support its audit work. Procurement follows UK public procurement regulations alongside the office's own internal policies.

Over the past 5 years, most of the National Audit Office's contract awards have been in IT services, business services and software and information systems.

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