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2026/27 Covenant Review (Project Canary)

Nuclear Restoration Services Limited

This public procurement record has 1 release in its history.

Award

17 Jun 2026 at 11:19

UK7 - Contract Details Notice
Summary of the contracting process

The procurement process for the "2026/27 Covenant Review (Project Canary)" has been executed by Nuclear Restoration Services Limited, a public authority under the sub-central government classification, located in Warrington, United Kingdom. This tender falls under the statutory audit services category and was conducted using a direct procurement method, specifically below threshold without competition. The process has reached the award stage, with the contract signed on 17th June 2026 and concluded on 31st March 2027, involving a financial evaluation of employer covenant strength over this period.

This tender presents significant opportunities for businesses specializing in financial advisory and statutory audit services, particularly those with capabilities in assessing financial stability and future outlooks. As PricewaterhouseCoopers LLP, a large-scale supplier, was selected for the contract, smaller specialised firms may benefit from exploring sub-contracting opportunities or preparing for future similar tenders. Engaging in projects like this can enhance a firm's portfolio in public sector consulting, providing growth in experience and clientele.

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Notice Information

Notice Title

2026/27 Covenant Review (Project Canary)

Notice Description

The service will comprise an annual review of employer covenant strength, assessing recent trading performance, financial position, and future outlook using publicly available information and supplementary management data. This will include engagement with key employers (SLC, CNL and NNL Sections) via a short management call to validate current prospects and risks, while the Atkins Section will be assessed using publicly available information only

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06b6c1
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/057006-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79212300 - Statutory audit services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£30,000 Under £100K

Notice Dates

Publication Date
17 Jun 20262 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
17 Jun 20262 months ago
Contract Period
17 Jun 2026 - 31 Mar 2027 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Nuclear Restoration Services 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
WARRINGTON
Postcode
WA3 6GR
Postcode Area
Warrington
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD6 Cheshire
Small Region (ITL 3)
TLD61 Warrington
Delivery Location
Not specified
Local Authority
Warrington
Electoral Ward
Birchwood
Westminster Constituency
Warrington North

Supplier Information

Number of Suppliers
1
Supplier Name

PricewaterhouseCoopers LLP

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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