External Finance Support
Buyer: NHS Wales Shared Services Partnership-Procurement Services (hosted by Velindre University NHS Trust)
- Published
- 11 February 2026
- Estimated value
- £600,000
- Place of performance
- UKL22
- Procedure
- Restricted procedure
- Lots
- 1
- Notice number
- 012299-2026
- Reference
- ocds-h6vhtk-060280
- Official source
- Official source
CPV codes
- 79412000Financial management consultancy services
Description
This contract commissions time-limited external support to assist Cardiff and Vale University Health Board in responding to a significant and worsening financial position while operating under Welsh Government oversight and escalation arrangements. The Health Board is forecasting a 56.2m GBP deficit in 2025/26, compared to a 27.7m GBP deficit outturn in 2024/25, and faces a material underlying financial gap in 2026/27 that cannot be addressed through business-as-usual savings alone. In the context of the 2026/27 planning round and the requirement to demonstrate a credible medium-term route to financial sustainability, the Board has agreed to commission independent support to identify the scale and nature of change required to alter the current financial trajectory. The purpose of the assignment is to develop a finite, decision-grade set of approximately five to seven high-impact options that explicitly set out what activity, services or sites would need to slow, stop, be consolidated, decommissioned or traded off in order to materially improve the financial position in 2026/27 and demonstrate a credible path to medium-term financial balance. The focus is on making the consequences …
Awards
| Awarded to | Amount | Date |
|---|---|---|
| MCKINSEY & COMPANY INC UNITED KINGDOM | — | — |
Official publications
- FTS · 012299-2026 · 11 February 2026
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Frequently asked questions
- What is the estimated value of this tender?
- The estimated value published by the buyer is £600,000.
- Who is the buyer of this tender?
- The contracting authority is NHS Wales Shared Services Partnership-Procurement Services (hosted by Velindre University NHS Trust) (United Kingdom).
- How can I bid for public tenders in the United Kingdom?
- Bids are submitted through the official public procurement portal in the United Kingdom. El Vínculo helps you find tenders and analyse their documents; submission always happens at the official source.
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