The list of KPIs and payment milestones for 2023/24 audits are set out below.
| KPI | Details for 2023/24 audits | KPI measure |
| KPI_01 | Draft audit plans produced by 30 April 2024 | 100% of audits (where 2022/23 audit opinion was given by end of December) |
| KPI_02 | 50% planned hours delivered by 31 July 2024 | 90% of audits (where 2022/23 audit opinion was given by end of December) |
| KPI_03 | 75% planned hours delivered by 31 August 2024 | 90% of audits (where 2022/23 audit opinion was given by end of December) |
| KPI_04 | 100% planned hours delivered by 31 December 2024 | 100% of audits (where 2022/23 audit opinion was given by end of December) |
| KPI_05 | Where an opinion is unable to be given by the backstop date for whatever reason, written communication with the Audited Body takes place | 100% of audits |
| KPI_06 | Management of objections as per the Code of Audit Practice | 100% of audits |
| Payment milestone | For 2023/24 audits |
| 1st milestone | Paid where the Supplier has not been the Appointed Auditor for the previous audit year not earlier than 1 October 2023 or Paid on production of Auditor’s Annual Report for the previous audit year |
| 2nd milestone | Paid on issue of the Draft Audit Plan |
| 3rd milestone | Paid on 50% planned hours delivered |
| 4th milestone | Paid on 75% planned hours delivered |