Award

PROVISION OF FINANCIAL RECOVERY SUPPORT SERVICES

AIREDALE NHS FOUNDATION TRUST

This public procurement record has 1 release in its history.

Award

11 Mar 2026 at 17:24

UK5 - Transparency Notice
Summary of the contracting process

The Airedale NHS Foundation Trust has initiated a direct award contract for the provision of Financial Recovery Support Services, focusing on financial consultancy and management within the healthcare sector. Located in Keighley, West Yorkshire, the Trust seeks urgent services to address financial pressures. The procurement process has advanced to the award stage as of 11 March 2026. The contract, initially valued at £90,000 for 12 weeks, has been extended to 31 March 2026, with an additional value of £59,400. This urgent extension aims to prevent risks associated with the Trust's financial recovery and maintain operations during challenging financial times.

This tender presents growth opportunities for businesses specialising in financial consultancy and management services, particularly those capable of handling urgent and complex situations within healthcare environments. Bold Revolutions Limited, an SME based in Greater Manchester, has been selected as the supplier due to their expertise and prior engagement with the Trust. Business growth can be catalysed for firms with established proficiency in financial recovery and crisis management aiming to expand their services in public sector healthcare procurement projects.

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Notice Information

Notice Title

PROVISION OF FINANCIAL RECOVERY SUPPORT SERVICES

Notice Description

The Authority requires the one-off provision of specialist Financial Recovery Support Services to assist with analysing the Trust's financial position, identifying recovery opportunities, and developing targeted actions to support financial stabilisation. The original contract was awarded for PS90,000 (exc. VAT) for a 12-week period from 28 October 2025 to 20 January 2026. Due to continued operational need and ongoing financial pressures, the Trust has decided to extend the contract until 31 March 2026. The estimated value of this extension is a further PS59,400 (exc. VAT). The supplier is required to deliver the services within the specified timeframe, working closely with key stakeholders to produce defined outputs that support the Trust's financial recovery objectives.

Procurement Information

The Authority requires the urgent continuation of specialist Financial Recovery Support Services to analyse the Trust's financial position, identify recovery opportunities, and develop targeted actions to support financial stabilisation. The original contract, valued at PS90,000 (exc. VAT), covered the period from 28 October 2025 to 20 January 2026. Ongoing and escalating financial pressures, combined with emerging risks to the Trust's ability to maintain safe and sustainable operations, have created an unforeseeable and immediate need to secure continued expert support. The Authority has determined that any interruption to this work would pose a serious risk to the Trust's financial recovery and operational resilience. The urgency has not been caused by any act or omission of the Authority, and there is insufficient time to conduct a competitive procedure without jeopardising essential recovery activity. Extending the existing contract until 31 March 2026, with an estimated value of PS59,400 (exc. VAT), is strictly necessary, time limited, and proportionate to address the immediate risks. The incumbent supplier is uniquely positioned to deliver the required outputs within the compressed timeframe due to their existing knowledge and established engagement with key stakeholders. A change of provider would introduce delay, duplication, and material risk to the Trust's ability to respond to the urgent situation.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0667bd
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/022032-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK5 - Transparency Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

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

CPV Codes

66170000 - Financial consultancy, financial transaction processing and clearing-house services

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£149,100 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
11 Mar 20263 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
11 Mar 20263 days ago
Contract Period
11 Mar 2026 - 31 Mar 2026 30 days
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Pending
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
AIREDALE NHS FOUNDATION TRUST
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
KIEGHLEY
Postcode
BD20 6TD
Post Town
Bradford
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE41 Bradford
Delivery Location
Not specified
Local Authority
Bradford
Electoral Ward
Craven
Westminster Constituency
Keighley and Ilkley

Supplier Information

Number of Suppliers
1
Supplier Name

BOLD REVOLUTIONS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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