Award

Business Case Development (LSHW.001.2025)

LIFE SCIENCES HUB WALES LTD

This public procurement record has 3 releases in its history.

Award

11 Jun 2025 at 15:58

TenderUpdate

28 Apr 2025 at 15:22

Tender

11 Apr 2025 at 16:53

Summary of the contracting process

The recent procurement process by Life Sciences Hub Wales Ltd involves the award of a contract for "Business Case Development" aimed at developing a Government Business Case for the period 2026 to 2031. Located in Cardiff, this public authority, overseen by Welsh devolved regulations, initiated an open, below-threshold competition for consultancy services in the field of business analysis, research and development, and general management. The procurement, which began in April 2025, concluded with Healthcare Innovation Consortium Ltd, based in Macclesfield, being awarded the contract valued at £50,879.99 (gross). The contract commenced on 10th June 2025 and is set to run through 30th September 2025, ensuring alignment with the Welsh Government's health and social care policies.

This tender presents a significant opportunity for consultants with expertise in business case development and management consultancy services to expand their service offerings within the UK public sector. SMEs particularly stand to benefit given the procurement's focus on fostering business growth and economic development aligned with stakeholder expectations. Companies with a background in life sciences, and experience in working within national or regional frameworks for consultancy services, would be well-suited to engage in such opportunities, promoting sustainable business development and forging strategic partnerships within the vibrant sector of health and social care innovation.

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Notice Title

Business Case Development (LSHW.001.2025)

Notice Description

Life Sciences Hub Wales is currently developing a Term of Government Business Case ("the Plan") for submission to Welsh Government to inform its (Life Sciences Hub Wales's) remit and funding requirement for the period of 2026 to 2031. The Plan will be aligned to Welsh Government health and social care policies (including A Healthier Wales, the Wellbeing of Future Generations (Wales) Act and Innovation Strategy), set in the context of the UK life sciences vision (and soon to be published Industrial Strategy), and will draw on best practice internationally. The Plan is intended to ensure Life Sciences Hub Wales's activity: * is aligned with funder and stakeholder expectation; * meets needs to deliver economic development and healthcare benefits for Wales; * reflects best practice internationally; and * maximises the impact of the services offered by Life Sciences Hub Wales In line with the Life Sciences Hub Wales Board ambition, in addition to building on current activity the Plan will also address the wider context, including the need for change in Wales, and will review opportunities and explore bold options. Life Sciences Hub Wales seeks to procure an external consultant ("the Contractor") to work with the Life Sciences Hub Wales management team to assist with the development of the Plan.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0501fb
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/031676-2025
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Below threshold - open competition
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support

73 - Research and development services and related consultancy services

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


CPV Codes

72221000 - Business analysis consultancy services

73200000 - Research and development consultancy services

73220000 - Development consultancy services

79411000 - General management consultancy services

Notice Value(s)

Tender Value
£49,999 Under £100K
Lots Value
£49,999 Under £100K
Awards Value
Not specified
Contracts Value
£42,400 Under £100K

Notice Dates

Publication Date
11 Jun 20258 months ago
Submission Deadline
2 May 2025Expired
Future Notice Date
Not specified
Award Date
9 Jun 20258 months ago
Contract Period
9 Jun 2025 - 30 Sep 2025 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
LIFE SCIENCES HUB WALES LTD
Contact Name
Adam James-Price
Contact Email
adam.james-price@lshubwales.com
Contact Phone
Not specified

Buyer Location

Locality
CARDIFF
Postcode
CF10 4PL
Post Town
Cardiff
Country
Wales

Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL52 Cardiff and Vale of Glamorgan
Delivery Location
TLL2 East Wales

Local Authority
Cardiff
Electoral Ward
Butetown
Westminster Constituency
Cardiff South and Penarth

Supplier Information

Number of Suppliers
1
Supplier Name

HEALTHCARE INNOVATION CONSORTIUM

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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