Find a TenderAwarded

Published 5 Feb 2021, 22:56 GMT

Official UK procurement notice

Provision of TECH 05/20 AAF Service Auditor

Official notice

Authority: National Employment Savings Trust (NEST)

ServicesOpen procedure

Sectors: Business Services & Consultancy (79) Delivery: London (UKI4)

Published estimate£375,000exc. VAT33.3% below published estimate

Submissions closed 9 Mar 2021awarded 29 Jul 2021

Awarded to Grant Thornton UK Advisory & Tax LLP

What is being bought

Published requirement description

A contract to provide the annual audit of a type-2 assurance report, in accordance with the Tech AAF 05/20 framework, to be delivered in line with Regulatory requirements and the Master Trust supervisory return submission which falls due three months within the scheme year-end.

CPV: Auditing services

The lotProcurement structure

single lot · no lot value published

Lot #1Nest sought proposals from suppliers to provide the annual audit of a type-2 assurance…AwardedRenewal

Nest sought proposals from suppliers to provide the annual audit of a type-2 assurance report, in accordance with the Tech AAF 05/20 framework, to be delivered in line with Regulatory requirements and the Master Trust supervisory return submission which falls due three months within the scheme year-end.

Delivery: London

Extensions: Three year contract with the option to extend for up to 24 months (2 lots of 12 months each) i.e. 36 months + 12 +12. Contract twill be re-tendered when it expires.Variant bids: not allowed

What it takes to win
i
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more

How bids were scored

Quality: 80%Price: 20%

Published sub-criteria (3)

Quality: Proposal: 70%
Quality: Presentation: 10%
price: 20%

Published award criteria (3)

Quality: Proposal: 70%
Quality: Presentation: 10%
Price: 20%

Conditions of participation2

Suitability
Supplier to be a registered Audit or Accountancy firm.
Technical & professional ability
Supplier to be a registered Audit or Accountancy firm.

What this means for your bid

Price carries 20 of 100 points: a 10% discount moves about 2 points. The method statement decides this lot, not the discount.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record

Procedure method: Open procedure
Legal basis: CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category: Services
Notice status: Awarded
Procurement threshold: Unspecified in notice
Regulatory regime: Standard
Commercial structure: Stand-alone contract (no framework)
Competition type: Competitive procedure
GPA / WTO covered: Yes (GPA)
Recurring procurement: Yes
First published: 5 Feb 2021, 22:56 GMT
Last source update: 3 Aug 2021, 22:45 BST
Award evaluation window: 9 Mar 2021 – …
Authority reference: TEN-2021-026
FTS notice number: 2021/S 000-018686
Classification (CPV): Auditing services
Delivery area: London (UKI4)
Official registry OCID: ocds-h6vhtk-0290e0 Find a Tender

How it was run

Official notice

Run through: Jaggaer · Who buys & how to bid on JAGGAER

Supplier login requiredLanguage: EN

Access & registration note: Free; latest Chrome/Edge/Firefox only — corporate browsers fail

Submission deadline: 9 Mar 2021, 17:00 GMT
Submission channel: {"electronicSubmission","written"}
Accepted languages: en
Bid validity: 150 days from the deadline
Bids opened: 9 Mar 2021, 17:00 GMT

Detailed submission instructions & authority contactsFrom official release

nesttenders.bravosolution.co.uk ↗

Timeline

9 Mar 2021 → 3 Aug 2021 · 3 dates

Submission deadline
9 Mar 2021, 17:00 GMT
Bids opened
9 Mar 2021, 17:00 GMT
Notice published
3 Aug 2021, 22:45 BST

Notice history

1 event · 2 releases on Find a Tender

Status changed to complete
3 Aug 2021, 22:45 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 1

Awarded value £250,0001 contract exc. VAT

Bids received 6

Contracts signed 1latest 29 Jul 2021

Awarded to	Value	Date	Status
Grant Thornton UK Advisory & Tax LLP	£250,000 †	—	Awarded

Contracts

Provision of TECH 05/20 AAF Service Auditor · Grant Thornton UK Advisory & Tax LLP
Signed
29 Jul 2021
Value
£250,000
Status
active

Bid statistics published by the authority

Bids	SME	VCSE	Valid bid range
6bids · 6 electronic	—	—	—

Contracting authority & participating public bodies

National Employment Savings Trust (NEST)

Contracting authorityBody governed by public lawEconomic affairs 10 South Colonnade 1st floor, London, London, E14 4PUContact name, email Published organisation website ↗

Dispute resolution & review bodies

Nest CorporationReview body London

Bidders & participating suppliers

1 commercial party on the notice

Grant Thornton UK LLPAwarded supplier 30 Finsbury Square, London, London, EC2A 1AG

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

Economic and financial selection criteriatenderEconomic and financial selection criteria
Technical selection criteriatenderTechnical selection criteria