Contract notice
Section I: Contracting
authority
I.1) Name and addresses
National Audit Office
157-197 Buckingham Palace Road
Victoria
SW1W 9SP
UK
Telephone: +44 2077987372
E-mail: NAO.Procurement@nao.org.uk
NUTS: UK
Internet address(es)
Main address: https://www.delta-esourcing.com/
I.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge at:
https://www.delta-esourcing.com/tenders/UK-UK-Victoria:-Financial-auditing-services./9679NVEF47
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be sent electronically to:
https://www.delta-esourcing.com
Tenders or requests to participate must be sent to the abovementioned address
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
General public services
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Audit Substantive Testing Data Automation Tool
Reference number: CPT_23_65
II.1.2) Main CPV code
79212100
II.1.3) Type of contract
Services
II.1.4) Short description
The National Audit Office (NAO) requires an off the shelf software solution to assist with automating our audit testing and documentation process, covering two use-cases within financial audit:
1.Substantive testing - Test of detail/Test of control automation
Auditors spend a significant amount of time and manual effort conducting tests of detail (ToD) and tests of controls, comparing documents (such as invoices) to samples from the general ledger or other structured records for consistency. We are interested in document automation software to parse images/pdfs of audit evidence and automatically match to tabular data and output this in a manner which is easy to follow and document for the purposes of our audit testing within an excel document.
2.Financial Statement procedures
Auditors are required to check the financial statements. Ensuring that (for example) the sums within the statements are internally consistent/correct. Similar to the use case above we are looking for document automation software that can automate some of this by extracting 'sums' from the document and automatically reconciling them, as well as some other processes detailed in the procurement documents.
The software needs to be ready for use by 1 October 2024. The estimated total value in this notice excludes VAT and is for the duration of the maximum contract term (1+1+1).
II.1.5) Estimated total value
Value excluding VAT:
690 000.00
GBP
II.1.6) Information about lots
This contract is divided into lots:
No
II.2) Description
II.2.2) Additional CPV code(s)
48000000
79212000
79212100
79200000
II.2.3) Place of performance
NUTS code:
UK
Main site or place of performance:
UNITED KINGDOM
II.2.4) Description of the procurement
The initial contract term will be a period of 1 year, with the NAO having the option to extend the contract period by two further periods of 12 months, with a maximum term of 3 years. Please refer to the invitation to tender documentation for further information. The estimated contract value in this notice is for the duration of the maximum term.
II.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
II.2.6) Estimated value
Value excluding VAT:
690 000.00
GBP
II.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 36
This contract is subject to renewal: No
II.2.9) Information about the limits on the number of candidates to be invited
II.2.10) Information about variants
Variants will be accepted:
No
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
II.2.14) Additional information
To respond to this opportunity please click here: https://www.delta-esourcing.com/respond/9679NVEF47
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:
No
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2024/S 000-000000
IV.2.2) Time limit for receipt of tenders or requests to participate
Date:
28/08/2024
Local time: 11:00
IV.2.4) Languages in which tenders or requests to participate may be submitted
EN
IV.2.6) Minimum time frame during which the tenderer must maintain the tender
Duration in months: 3 (from the date stated for receipt of tender)
IV.2.7) Conditions for opening of tenders
Date:
28/08/2024
Local time: 11:00
Section VI: Complementary information
VI.1) Information about recurrence
This is a recurrent procurement:
No
VI.3) Additional information
The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.
For more information about this opportunity, please visit the Delta eSourcing portal at:
https://www.delta-esourcing.com/tenders/UK-UK-Victoria:-Financial-auditing-services./9679NVEF47
To respond to this opportunity, please click here:
https://www.delta-esourcing.com/respond/9679NVEF47
GO Reference: GO-2024725-PRO-27000162
VI.4) Procedures for review
VI.4.1) Review body
National Audit Office
157-197 Buckingham Palace Road
Victoria
SW1W 9SP
UK
Telephone: +44 02077987372
VI.5) Date of dispatch of this notice
25/07/2024