CPT_24_08 Audit Data Extraction and Analysis Automation services

A Tender Notice
by NATIONAL AUDIT OFFICE

Source
Find a Tender
Type
Contract (Services)
Duration
3 year
Value
£350K
Sector
TECHNOLOGY
Published
24 Apr 2024
Delivery
To 28 May 2027 (est.)
Deadline
28 May 2024 12:00

Concepts

Location

The selected supplier(s) will be expected to only store and process all NAO and NAO client data in the UK. The Supplier shall be able to install (if applicable) and offer training and support for their tooling remotely and, if required, at the NAO's premises in London as required for installation (if applicable), training and support.

Geochart for 1 buyers and 0 suppliers

1 buyer

Description

The National Audit Office (NAO) is seeking bids from experienced supplier(s) who can provide audit data extraction and analysis automation services to support the audit of NAO's audit clients based on the following lots: • Lot 1 Financial System Transactions Data Extraction Tool with a contract value of £270,000 inclusive of VAT (£90,000 per annum). • Lot 2 Financial System Controls Data Extraction and Analysis Tool with a contract value of £150,000 inclusive of VAT (£50,000 per annum). The new contract(s) will run for an initial 1 year from July 2024, with the option to further extend for a period of up to two years (on the basis of two periods of 12 months). No guarantee is given as to the actual value of the contracts. The independent public bodies Audit Wales and Audit Scotland will also have access to these new contracts. Interested suppliers will be able to submit a bid for one or both of the lots.

Lot Division

1 Financial System Transactions Data Extraction Tool
  • Value: £225K

The selected supplier awarded the contract will be expected to provide an off-the-shelf commercial solution for seamlessly extracting financial data from the finance systems used by the Audit bodies. The estimated value for this lot 1 will be £270k inclusive of VAT (£90,000 per annum).
2 Financial System Controls Data Extraction and Analysis Tool
  • Value: £125K

The selected supplier awarded the contract will be expected to provide a system that will be able to extract data pertaining to user and control configurations from ERP systems into a standard format and then analyse said data as appropriate for our audit needs to support our external statutory financial audits where those audits seek to test application and general IT dependent controls. The estimated value for this lot 2 will be £150k inclusive of VAT (£50,000 per annum).

Renewal Options

Consideration of contract renewal shall be detailed within ITT Document, Suppliers are requested to refer to the published ITT document for further information.

CPV Codes

  • 72000000 - IT services: consulting, software development, Internet and support

Indicators

  • Restrictions apply to the lot award allocation.
  • Bids should cover one or more lots.
  • Bids should cover the whole contract.
  • Renewals are available.
  • Performance considerations apply.
  • Professional qualifications are sought.
  • Award on basis of price and quality.

Other Information

To respond to this opportunity please click here: https://www.delta-esourcing.com/tenders/UK-UK-Victoria:-IT-services:-consulting,... The NAO considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any acceptance of organisations onto the DPS will be based solely on the criteria set out for the procurement documentation. The NAO would like to invite interested providers to attend a Virtual Q&A session taking place on Thursday 2nd May 2024 from 9.30 until 10.30am. The purpose of this Q&A session is to offer attendees the opportunity to raise clarifications on the Audit Automation and Analytics Services procurement process. If organisations are interested in attending the Virtual Market Engagement event, then send expressions of interest via email to nao.procurement@nao.org.uk by 12 noon on Tuesday 30th April 2024. The email will need to include your name, position, organisation and contact details alongside the names and positions of other colleagues wishing to attend. Further details will be made available nearer the time of the event.

Reference

Domains