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Financial Assurance Framework

Department of Health and Social Care

This public procurement record has 5 releases in its history.

Award

15 Sep 2026 at 12:50

UK7 - Contract Details Notice
Award

14 Jul 2026 at 15:41

UK6 - Contract Award Notice
Tender

18 Mar 2026 at 10:14

UK4 - Tender Notice
Planning

07 Jan 2026 at 10:37

UK3 - Planned Procurement Notice
Planning

12 Dec 2025 at 10:14

UK2 - Preliminary Market Engagement Notice
Summary of the contracting process

The NHS Business Services Authority, for the Department of Health and Social Care, procured a Financial Assurance Framework for specialist financial consultancy and commercial management advice. The work supports major transformation programmes and projects, complex procurement and sourcing programmes linked to critical national infrastructure, and the development of commercial and finance functions. It also aims to strengthen the skills and expertise of internal teams. Services cover financial assurance, advice and support for high-profile NHS administration services and future transformation activity. Delivery is across the United Kingdom. The requirement is classified as financial consultancy services (CPV 66171000) and also includes general management consultancy services. It is a services procurement and is suitable for small and medium-sized enterprises.

The procurement is complete and has been awarded through an open competitive flexible procedure, using a first-stage selection process followed by final tenders. The framework was awarded on 1 July 2026 to KPMG LLC and PricewaterhouseCoopers LLP, following five bids and two final-stage bids. Contracts were signed on 1 September 2026 and are active from 2 September 2026 to 1 September 2032. The framework has a maximum value of £20 million excluding VAT, or £24 million including VAT, and permits up to two suppliers, with competition reopened for some call-offs and not for others. The expression-of-interest deadline was 8 March 2026; tenders closed on 20 April 2026. Price was the sole scored award criterion, using the PQP method, weighted at 100%, alongside economic and technical participation requirements.

This procurement indicates sustained demand from NHSBSA and DHSC for senior financial assurance and commercial advisory capability on large, complex and nationally important programmes. A credible future competitor would need to provide specialist financial consultancy, commercial and procurement assurance, financial modelling, risk assessment and advice that can remain effective through multi-phase transformation work. Experience supporting public-sector or NHS administration programmes, complex sourcing exercises, critical national infrastructure and changing regulatory or policy requirements would be relevant. Suppliers would also need sufficient capacity to work alongside internal commercial and finance teams, transfer knowledge and respond as programme scope and scale develop. The framework’s two-supplier structure and SME suitability show that established advisory firms and capable specialist providers may be relevant, provided they can meet the economic and technical participation conditions.

How relevant is this notice?

Notice Information

Notice Title

Financial Assurance Framework

Notice Description

NHS Business Services Authority is seeking to procure a framework for the provision of Financial Assurance to support, both in the delivery of major Transformation programmes and projects and the on-going development of the Commercial and Finance business functions. This requirement is to provide specialist advice, assurance and support to the strategic delivery of large-scale and complex procurement and sourcing programmes which are aligned to critical national infrastructure and to the on-going delivery and future transformation of high-profile NHS administration services, while also raising the skills and expertise of the inhouse teams.

Planning Information

Financial and Commercial Assurance Procurement: Request for Information (RFI) Background to the project The aim of this pre-market engagement exercise is to prepare for a potential tendering exercise to procure commercial and financial assurance advisors to support the NHS Business Services Authority (NHSBSA), both in the delivery of major transformation programmes and projects, and the ongoing development of future commercial and finance business functions. The current requirements are to provide specialist advice, assurance and support for the strategic delivery of large-scale and complex procurement and sourcing programmes. These programmes which are aligned to critical national infrastructure and to the ongoing delivery and future transformation of high-profile NHS administration services. The objectives of the RFI are to help the NHSBSA: • gain insight into the supplier market • increase knowledge and understanding of potential procurement routes available • gain understanding of how suppliers may deliver services to support our goals • gain understanding of the potential commercial and pricing models available The NHSBSA intends to deliver a presentation to interested parties on the 14th of January 2026 at 14:00-16:00 and will ask for responses to our RFI document by the 23rd of January 2026. There is a maximum of 2 representatives from any one organisation permitted to attend. Interested parties can contact Steven Saville the Commercial Lead for the aforementioned meeting link which will be delivered using Teams. The slide deck and RFI pack will be made available for interested parties to download via the Atamis e-tendering system. https://atamis.cloudforce.com/

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05f47c
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/087279-2026
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Competitive flexible procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

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

CPV Codes

66151000 - Financial market operational services

66171000 - Financial consultancy services

79411000 - General management consultancy services

Notice Value(s)

Tender Value
£20,000,000 £10M-£100M
Lots Value
£20,000,000 £10M-£100M
Awards Value
£20,000,000 £10M-£100M
Contracts Value
£20,000,000 £10M-£100M

Notice Dates

Publication Date
15 Sep 20261 months ago
Submission Deadline
20 Apr 2026Expired
Future Notice Date
22 Feb 2026Expired
Award Date
1 Jul 20263 months ago
Contract Period
2 Sep 2026 - 1 Sep 2032 Over 5 years
Recurrence
2032-03-18

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active, Pending
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Department of Health and Social Care
Additional Buyers

NHS Business Services Authority

Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1H 0EU
Postcode Area
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
3
Supplier Names

KPMG LLP

PricewaterhouseCoopers LLP

PwC 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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