NAO modifies audit contracts, adds £9.6M and extends term.
Some language patterns suggest this RFP may be written for a specific incumbent vendor. Review qualification requirements and brand-specific terms carefully before committing bid resources.
The National Audit Office (NAO) has modified existing contracts for financial audit and assurance services, increasing the total contract value by £9.6 million and extending the term. The modification ensures continuity of audit and assurance services to support the NAO's statutory responsibilities, covering bodies such as the Scotland Office, Wales Office, Northern Ireland Office, and The National Lottery Community Fund. The original contractors were retained due to the significant inconvenience, duplication of costs, and disruption that would result from changing contractors at this stage. The nature, scope, and objectives of the contracts remain unchanged, and the increase is below 50% of the original contract value.