---
title: "NRW Statutory Financial Audit of Annual Report and Accounts, IDD Accounts"
ocid: "ocds-h6vhtk-068814"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-068814"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-068814.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-068814.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "NATURAL RESOURCES WALES"
published: "2026-04-22"
---

# NRW Statutory Financial Audit of Annual Report and Accounts, IDD Accounts

Buyer: NATURAL RESOURCES WALES  
Current stage: Award  
OCID: ocds-h6vhtk-068814

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-068814)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-068814.json)

## Summary

This procurement process, titled "NRW Statutory Financial Audit of Annual Report and Accounts, IDD Accounts," involves the contracting authority Natural Resources Wales, based in Cardiff, United Kingdom. The industry category for this procurement is services, specifically accounting, auditing, and fiscal services. The procurement process is in the award stage as of the last update dated 22nd April 2026. Audit Wales has been appointed under Welsh devolved regulations to perform statutory financial audits for the financial year 2026, due to their exclusive legal rights as external auditors for NRW. The contract period begins on 4th May 2026 and ends on 31st March 2027. The procurement method is a direct award, as Audit Wales is the sole legally permitted supplier due to unique statutory rights, eliminating the need for an open competitive tender.

This tender provides substantial opportunities for growth in the audit services sector, although due to statutory and legal constraints, it is not open to multiple bidders. This exclusive arrangement highlights the business potential for organisations like Audit Wales, who have secured significant contracts due to their statutory rights. Firms in the auditing and accounting industry that possess similar exclusive rights or who can leverage specific statutory privileges in their jurisdiction can strategically position themselves for similar opportunities. Though not a typical competitive procurement opportunity, it exemplifies the importance of understanding regulatory frameworks and exclusive rights to maximise business growth.

## Notice

Audit Wales have been appointed by law as the external auditors of NRW and other public bodies in Wales - Financial Year 2026

### Procurement Information

Audit Wales holds exclusive statutory rights to act as NRW's external auditor under legislation; no alternative supplier is legally permitted, justifying a direct award under single supplier - exclusive rights.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/036413-2026 |
| Notice type | UK5 - Transparency Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Direct award |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 22 Apr 2026 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 22 Apr 2026 |
| Contract period | 3 May 2026 - 31 Mar 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £219,183 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Pending |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NATURAL RESOURCES WALES |
| Locality | CARDIFF |
| Post town | Cardiff |
| Postcode | CF10 3NQ |
| Country | Wales |
| ITL 1 | TLL Wales |
| ITL 2 | TLL5 South East Wales |
| ITL 3 | TLL52 Cardiff and Vale of Glamorgan |
| Local authority | Cardiff |
| Electoral ward | Cathays |
| Westminster constituency | Cardiff South and Penarth |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | AUDIT WALES |

## CPV Codes

### Divisions

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

### Codes

- 79200000 - Accounting, auditing and fiscal services

## Release History

- 22 Apr 2026 at 08:45 - Award - UK5 - Transparency Notice - https://www.find-tender.service.gov.uk/Notice/036413-2026

## Documents

- https://www.find-tender.service.gov.uk/Notice/036413-2026
  22nd April 2026 - Transparency notice on Find a Tender

## Notice URLs

- http://naturalresourceswales.gov.uk
- https://www.legislation.gov.uk/ukpga/2023/54/contents

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-h6vhtk-068814. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-068814.json.