This public procurement record has 1 release in its history.

Award

12 Aug 2026 at 11:45

Summary of the contracting process

National Wealth Fund Limited bought financial and tax due diligence services for Project Oracle. The work falls within business and management consultancy and was intended to support the project through specialist review of its financial position, tax matters and related risks. It was a services requirement delivered in Leeds, where the buyer is based. The procurement was suitable for small and medium-sized enterprises, although the selected supplier was a large professional services firm. The requirement would suit accountancy practices, transaction advisory firms, tax advisers and management consultancies that can provide integrated financial and tax due diligence for a public-sector or government-backed investment organisation. The buyer’s focus was a defined project assignment rather than a general consultancy service.

This procurement has been completed and the contract was awarded to PricewaterhouseCoopers LLP on 9 July 2026. The awarded value was £104,078, with a contract period from 9 July 2026 to 8 October 2026. The stated procurement value was also £104,078. It was a selective procedure using a call-off from a framework agreement, rather than an open competition. The tender submission deadline was 18 May 2026 at 12:00 noon. The award was active and the contract period covered approximately three months. Evaluation was for financial and tax due diligence services for Project Oracle, within the business and management consultancy services category. The buyer and supplier were the only named parties in the award information.

For a supplier that did not win this procurement, the award shows demand for a compact, specialist due diligence engagement combining financial and tax expertise. A credible competitor for a future requirement from National Wealth Fund Limited would need to demonstrate robust transaction advisory capability, qualified financial analysis and tax review skills, and the ability to bring both disciplines together for a time-limited project. Experience of assessing financial information, identifying tax exposures and presenting clear findings to an investment or public-sector decision-maker would be relevant. The opportunity was accessible through a framework call-off, so firms seeking comparable work should consider the framework route as well as building a track record in project-based advisory assignments. SMEs were expressly considered suitable.

How relevant is this notice?

Notice Title

C1341 - Project Oracle - Financial and Tax Due Diligence

Notice Description

Financial and Tax Due Diligence required in relation to Project Oracle

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3ccc1dca-a5e9-459d-b6e5-5100c0f3f8c0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7938a271-867a-4956-bc6c-f16279b9ec76
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79410000 - Business and management consultancy services

Notice Value(s)

Tender Value
£104,078 £100K-£500K
Lots Value
Not specified
Awards Value
£104,078 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
12 Aug 20262 weeks ago
Submission Deadline
18 May 2026Expired
Future Notice Date
Not specified
Award Date
9 Jul 20261 months ago
Contract Period
9 Jul 2026 - 8 Oct 2026 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
NATIONAL WEALTH FUND LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LEEDS
Postcode
LS1 4HR
Postcode Area
Leeds
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified

Local Authority
Leeds
Electoral Ward
Hunslet & Riverside
Westminster Constituency
Leeds South

Supplier Information

Number of Suppliers
1
Supplier Name

PRICEWATERHOUSECOOPERS LLP

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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