CPT_24_52 Specialist model assurance support

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 Additional information: 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.