Awarded contract

CPT_23_63 Asset Valuation

Details

Value
£55,000
Duration
5 years
Topic
Statutory audit services
Published
11 January 2024

Tender description

National Audit Office (NAO) awarded a contract to Montagu Evans LLP using Lot 5: Valuation and Compulsory Purchase Orders of Crown Commercial Services Estate Management Services framework. The selected supplier will be providing asset valuation service to the NAO and the contract will run for an initial 3 years from Monday 1st January 2024 until Thursday 31st December 2026 with an optional extension period of 2 periods of up to 12 months each until Sunday 31st December 2028. As of August 2026, the contract has been extended for a further 12 months, from Friday 1st January 2027 to Friday 31st December 2027

Timeline

  1. Completed: Award date1 January 2024
  2. Completed: Award published11 January 2024
    Current notice
  3. Next: Contract expiry date31 December 2028in 2 years

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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