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Find a TenderAwarded without competitionTransparency notice
Published 7 Jul 2026, 11:38 BST

Official UK procurement notice

Lower Thames Crossing (LTC) - Statutory Auditor

Official notice

Authority: National Highways Limited (Central government)·Consortium: 2 public authorities

ServicesOpen procedure
Sectors: Business Services & Consultancy (79) Delivery: UK
Awarded value£291,182published contract · exc. VAT
Awarded 26 Jun 2026no call for competition
Awarded to Menzies LLP2 awards

What is being bought

Published requirement description

National Highways is intending to appoint a Statutory Auditor able to provide

an audit opinion that Reg Co.’s Carve Out accounts are reliable, legally compliant,

and present a true and fair view, in accordance with the Companies Act 2006 and

Financial Reporting Council (FRC) auditing standards.

CPV: Statutory audit services

The lotProcurement structure

single lot · no lot value published
Lot #1In the Chancellor’s November 2025 Autumn Budget, the Regulated Asset BaseAwarded

In the Chancellor’s November 2025 Autumn Budget, the Regulated Asset Base

(RAB) model was announced as the Government’s preferred financing method for

the Lower Thames Crossing (LTC) project which will involve the creation of a

regulated road company (Reg Co.) that will be sold to private investors prior to a

finance raise (debt) for the main construction works. Reg Co. will receive revenues

from both the existing Dartford Crossing and new LTC Crossing which it will use to

service its financing and repay lenders and investors.

National Highways and DfT have appointed advisors to support and execute the sale

process. In preparation for the sale and the preceding Vendor Due Diligence (VDD)

National Highways will prepare Carve Out accounts for the financial years 2024

2025, 2025-2026 and 2026-2027 for Reg Co. and these will need to be audited.

Delivery: UK

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 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
Unspecified in notice
First published
7 Jul 2026, 11:38 BST
Last source update
10 Jul 2026, 15:29 BST
FTS notice number
2026/S 000-065281
Latest notice
Transparency notice (UK5)
Classification (CPV)
Statutory audit services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-06c4fc Find a Tender
Why no open competition
Single Suppliers Technical Reasons
Published justification

Single compliant bid from open procedure

Notice history

4 events · 2 releases on Find a Tender · since 7 Jul 2026
  1. Transparency notice published
    7 Jul 2026, 11:38 BST
    UK5
  2. Procurement method changed
    10 Jul 2026, 15:29 BST
  3. Buyer details updated
    10 Jul 2026, 15:29 BST
  4. Contract signature expected
    10 Jul 2026, 23:59 BST
    scheduled

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 2
Awarded value £291,1821 contract exc. VAT · 1 repeated publication of the same award counted once
Bids received 1
Contracts signed 1latest 26 Jun 2026
Awarded toValueDateStatus
Menzies LLP13 Jul 2026 – 14 Jun 2029£291,182same award published again · counted once—Standstill
Menzies LLP£291,182 †—Awarded

Contracts

  • Contract 065281-2026-1 · Menzies LLP

    Signed
    26 Jun 2026
    Value
    £291,182
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
1bids———

Contracting authority & participating public bodies

2 public bodies on the notice

National Highways Limited

Contracting authorityGeneral public servicesPublic authority - central government GB-PPON: PGMJ-3793-VBBN Three Snowhill, Snow Hill Queensway, Birmingham, UK, B4 6GAContact email, phone

Dispute resolution & review bodies

Bidders & participating suppliers

2 commercial parties on the notice
  • Menzies LLPAwarded supplierGB-COH: OC336077 4th Floor 95 Gresham Street, London, London, EC2V 7ABContact email
  • Menzies LLPAwarded supplier London, London

Official documents & specifications (1)

Official links; attachments are not copied

Notices published for this procedure

  • Transparency notice awardTransparency noticeUK5Transparency notice on Find a Tender