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Contract Award Notice

Provision of Internal Audit Services

  • First published: 24 April 2024
  • Last modified: 24 April 2024
  • Version: N/A
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The buyer is not using this website to administer the notice.

To record your interest or obtain additional information or documents please find instructions within the Full Notice Text. (NOTE: Contract Award Notices and Prior Information Notices do not normally require a response)

Contents

Summary

OCID:
ocds-h6vhtk-040c1d
Published by:
National Employment Savings Trust (NEST)
Authority ID:
AA22845
Publication date:
24 April 2024
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

This is for the provision of internal audit services to Nest Corporation.

The contract has been awarded for an initial term of five years, with the option to extend up to a further two years.

The contract value on this notice is the total potential value for the full seven years and includes expenditure for any ad-hoc audits over and above the core audit requirements.

Full notice text

Contract award notice

Results of the procurement procedure

Section I: Contracting entity

I.1) Name and addresses

National Employment Savings Trust (NEST) 

10 South Colonnade 1st floor

London

E14 4PU

UK

E-mail: procurement@nestcorporation.org.uk

NUTS: UK

Internet address(es)

Main address: www.nestpensions.org.uk

I.4) Type of the contracting authority

Body governed by public law

I.5) Main activity

Economic and financial affairs

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

Provision of Internal Audit Services

II.1.2) Main CPV code

79212200

 

II.1.3) Type of contract

Services

II.1.4) Short description

This is for the provision of internal audit services to Nest Corporation.

The contract has been awarded for an initial term of five years, with the option to extend up to a further two years.

The contract value on this notice is the total potential value for the full seven years and includes expenditure for any ad-hoc audits over and above the core audit requirements.

II.1.6) Information about lots

This contract is divided into lots: No

II.1.7) Total value of the procurement

Value excluding VAT: 5 100 000.00  GBP

II.2) Description

II.2.3) Place of performance

NUTS code:

UK

II.2.4) Description of the procurement

This is for the provision of internal audit services to Nest Corporation.

The contract has been awarded for an initial term of five years, with the option to extend up to a further two years.

The contract value on this notice is the total potential value for the full seven years and includes expenditure for any ad-hoc audits over and above the core audit requirements.

II.2.5) Award criteria

Price

II.2.11) Information about options

Options: No

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Section IV: Procedure

IV.1) Description

IV.1.1) Type of procedure

Open procedure

IV.1.8) Information about Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: Yes

IV.2) Administrative information

IV.2.1) Previous publication concerning this procedure

Notice number in the OJ S:

2023/S 000-030370

Section V: Award of contract

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

02/04/2024

V.2.2) Information about tenders

Number of tenders received: 10

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Deloitte LLP

1 New Street Square

London

EC4A 3HQ

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 5 100 000.00  GBP

V.2.5) Information about subcontracting

Section VI: Complementary information

VI.4) Procedures for review

VI.4.1) Review body

High Court

London

UK

VI.4.2) Body responsible for mediation procedures

High Court

London

UK

VI.5) Date of dispatch of this notice

23/04/2024

Coding

Commodity categories

ID Title Parent category
79212200 Internal audit services Auditing services

Delivery locations

ID Description
100 UK - All

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
procurement@nestcorporation.org.uk
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

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