Financial Audit and Assurance Services Contract

A Modification Notice
by NATIONAL AUDIT OFFICE

Source: Find a Tender
Type: Contract (Services)
Duration: 5 year
Value: £5M-£5M

Sector: BUSINESS
Published: 14 Jul 2026
Delivery: To 14 Jul 2031 (est.)
Deadline: n/a

Related Terms

Location

UNITED KINGDOM

Geochart for 2 buyers and 1 suppliers

2 buyers

National Audit Office Victoria

1 supplier

KPMG London

Description

BEIS and Transport are Department Group audits falling within the NAO’s Infrastructure Group and so are aligned under the same business management processes. Several bodies within this Lot collect significant levels of income through levies or fees, and so an additional Trust Statement is prepared and audited that details income collected under this legislation.

Ammendments to Previous Notice

2. Contract value

GBP 4,771,000 5,437,667

Award Detail

1	KPMG (London) BEIS and Transport Reference: lot 6 beis and transport Value: £4,771,000

CPV Codes

79200000 - Accounting, auditing and fiscal services

Indicators

Contract modified due to additional needs.

Legal Justification

Additional audit and assurance services are required from the original contractors to ensure continuity of statutory audit delivery. Changing contractors at this stage would cause significant inconvenience, duplication of costs and disruption to audit planning, delivery and quality assurance. The modification does not alter the overall nature of the contracts and the increase remains below 50% of the original contract value.