CPT_24_52 Specialist model assurance support

2025-01-15

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Published date: 15 January 2025

Open opportunity - This means that the contract is currently active, and the buying department is looking for potential suppliers to fulfil the contract.

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Contract summary

Industry

System quality assurance assessment and review services - 72225000

Auditing services - 79212000

Location of contract

United Kingdom

Value of contract

£120,000

Procurement reference

CPT_24_52

Published date

15 January 2025

Closing date

10 February 2025

Closing time

12pm

Contract start date

1 April 2025

Contract end date

31 March 2026

Contract type

Service contract

Procedure type

Open procedure (below threshold)

What is an open procedure (below threshold)?

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

The National Audit Office (NAO) the UK's independent public spending watchdog is seeking a supplier who can provide Specialist model assurance support.

The selected supplier will be expected to oversee and lead the testing of a subset of models with the NAO model assurance portfolio by
• validation, verification and testing models and reconciling the model design back to the intended methodology.
• overseeing a small portfolio of model assurance work to ensure that outputs are successfully delivered across the NAO modelling portfolio.
• supporting the NAO to continuously improve our approach to implementing testing procedures

The contract is expected to commence on Tuesday 1st April 2025 and run for an initial period of 12 months until Tuesday 31st March 2026.
The contract may be extended by 2, 12 months until Friday 31st March 2028 at the NAO's discretion.

The estimated contract value will be £120,000 inclusive of VAT (£40,000 per annum) over the 3 years duration. No guarantee is given as to the actual value of the contract

More information

Additional text: The system that NAO will use to electronically conduct this procurement exercise is Delta eSourcing system at https://login.bipsolutions.com/casDelta/login?service=https://www.delta-esourcing.com/delta/j_spring_cas_security_check.
If organisations are interested in this new contract opportunity, then register onto the system by clicking the " Register as a Supplier" link.

Once logged into the system, organisations will be able to locate this procurement by using the Access Code number 39N569T96A.
Then select "Register Interest" to be able to access the documentation for this procurement and subsequently submit your response.
For assistance, please contact the Delta Help Desk on 0800 923 9236.