Financial Audit and Assurance Services Contract

Award

Value

£39,009,748

Classifications

  • Accounting, auditing and fiscal services

Tags

  • award
  • contract

Published

3 years ago

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 to improve public services through our high-quality audits. The NAO’s Financial Audit Contract is a fundamental part of being able to carry out our purpose and achieve our objectives. We are partnering with supplier firms to ensure the delivery of high-quality audits which support effective accountability and lead to better financial reporting and financial management by public bodies. Our contract is divided into 11 Lots which all contain named audits as well as additional services and training and development. The NAO’s Comptroller and Auditor General (C&AG) retains overall responsibility for signing the audit opinion and issuing the audit certificate. The NAO will work with supplier firms to ensure audit engagements are carried out in line with the relevant standards and quality expectations.

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Social Care Wales is inviting tenders from experienced internal audit providers to deliver high-quality, independent assurance and advisory services. As part of our governance arrangements and Board Assurance Framework, internal audit plays a vital role in evaluating the effectiveness of our financial and operational controls, risk management, and compliance. We operate within a robust governance model aligned with the three lines of defence, and our internal audit function is essential to supporting the Accounting Officer in fulfilling their responsibilities, including the preparation of the annual Governance Statement. The successful supplier will be expected to demonstrate full compliance with the latest professional standards, including the Global Internal Audit Standards (GIAS), the International Professional Practices Framework (IPPF), and the IIA’s Code of Ethics. We require a service that is not only technically proficient but also collaborative, with strong communication and reporting practices. The internal audit programme will cover a wide range of organisational activities, from governance and financial controls to workforce regulation and environmental responsibilities, ensuring comprehensive coverage and strategic insight. We are committed to continuous improvement and value for money and expect our internal audit partner to support us in achieving these goals. This includes delivering a risk-based audit plan, maintaining a robust Quality Assurance and Improvement Programme (QAIP), and providing timely, actionable reports. Suppliers must also be able to operate effectively in a hybrid working environment and support our bilingual ethos in line with Welsh Language Standards. Through this pre-engagement session, we aim to foster a shared understanding of expectations and encourage innovative approaches to delivering assurance that aligns with our strategic priorities.

Katy Reed

Published 1 week ago
Open

Audit and Assurance Services Dynamic Purchasing System

The DPS will include all forms of independent audit for UK public sector bodies, including statutory external audit requirements. Also in scope are are governance requirements including counter-fraud services and other independent assurance such as: - Assurance over non-financial information including but not limited to strategy, risk and corporate governance - Assurance over KPIs including but not limited to environmental reporting, sustainability reporting and workforce reporting - Compliance monitoring and risk management - Grant funding assurance including but not limited to programme reviews and impact assessments - Service auditor reports including but not limited to ISAE 3402 standards - Special purpose reviews and investigations - Tax compliance - Third party risk management including supply chain assurance - Well led governance reviews - Workforce audit services including but not limited to temporary, fixed term or permanent staffing (clinical and non-clinical) Additional information: The eligible users of the proposed dynamic purchasing system are available for unrestricted and full direct access, free of charge, at: https://www.coch-cps.co.uk/frameworks/corporate-services/#DPS07 Supplier instructions how to express interest and bid: 1) Browse to the esourcing portal https://health-family.force.com/s/Welcome and click on view Live Opportunities 2) Register your organisation on the eSourcing portal (this is only required once); 3) Accept the portal terms and conditions and click 'continue', enter your organisation and user details; note the username you chose and click 'Save' when complete; you will shortly receive an e-mail with your unique password (please keep this secure); 4) Login to the portal with the username/password; 5) Search for the relevant PQQ; 6) Select the title of the PQQ; 7) Click the 'Express Interest' button at the top of the page. You can now access the PQQ Application Documents from the relevant envelope; 8) Review the PQQ documents; 9) Responding to the PQQ. You can choose to 'Create Response' or to 'Decline to Respond' (please give a reason if declining). You can now use the messages function to communicate with the buyer and seek any clarification. Note the deadline for completion, then follow the on-screen instructions to complete the PQQ. There may be a mixture of online and offline actions for you to perform (there is detailed online help available). You must then submit your reply using the 'Submit Response' button at the top of the page. If you require any further assistance please consult the online help, or contact the eTendering help desk.

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Organisation

Central Procurement Team

[email protected]

+44 2077987000

+44 2077987000

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