Official UK procurement notice
C0963 - Financial Model Audit Services
Authority: National Wealth Fund Limited (Public body)
Sectors: Business Services & Consultancy (79) Delivery: UK
Budget not disclosed Value not published
Awarded 16 Mar 2025no call for competition
Awarded to DELOITTE LLP
What is being bought
Published requirement descriptionThe supply of Financial Model Audit Services to undertake audits of the direct equity operating models for direct equity investments
CPV: Accounting and auditing services · Business services: law, marketing, consulting, recruitment, printing and security
The lotProcurement structure
single lot · no lot value publishedLot #1Further competition under Dynamic Purchasing System for the supply of Financial Model Audit Services to undertake audits of the direct equity operating models for direct equity...Awarded
Further competition under Dynamic Purchasing System for the supply of Financial Model Audit Services to undertake audits of the direct equity operating models for direct equity investments. This covers a two year time period.
79000000 Business services: law, marketing, consulting, recruitment, printing and security
Procedure terms & legal framework
From the official record · publisher note attached- Procedure method
- Award procedure without prior publication of a call for competition
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Awarded without competition
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Direct award — no call for competition
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- No (one-off requirement)
- First published
- 10 Sept 2026, 15:27 BST
- Last source update
- 10 Sept 2026, 15:27 BST
- Authority reference
C0963- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-06f723
- Why no open competition
- The procurement falls outside the scope of application of the directive
- Published justification
- This contract was competed under a Dynamic Purchasing System which was tendered under PCR15: https://www.find-tender.service.gov.uk/Notice/006418-2025 We are unable to link the notice (2025/S 000-006418) and select Restricted Procedure here since the FTS website will not allow us to do so, however, this has followed the correct procedure.
Publisher note: A contract award notice was previously published on Contracts Finder: https://www.contractsfinder.service.gov.uk/Notice/55dcb61e-5b1c-4f13-829a-ab466163106b This procurement was conducted under a Dynamic Purchasing System
Commercial outcome & contract awards
Published awards, contracts and bid statistics — not a forecastAwards 1
Bids received 71 from SMEs
Contracts signed 1latest 16 Mar 2025
| Awarded to | Value | Date | Status |
|---|---|---|---|
| DELOITTE LLP | — | — | Awarded |
Contracts
Contract 086018-2026-1 · DELOITTE LLP
- Signed
- 16 Mar 2025
- Value
- —
- Status
- active
Bid statistics published by the authority
| Lot | Bids | SME | VCSE | Valid bid range |
|---|---|---|---|---|
| Further competition under Dynamic Purchasing System for the supply of Financial Model Audit Services to undertake audits of the direct equity operating models for direct equity... | 7bids | 1 | — | £1 — £480,000 |
| Whole notice | — | — | — | £1 — £480,000 |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- The High CourtReview body
Bidders & participating suppliers
1 commercial party on the notice- Deloitte LLPAwarded supplierView supplier profile →
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.