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Interim Finance Accountant

O F W A T

This public procurement record has 1 release in its history.

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31 Jul 2026 at 14:46

UK7 - Contract Details Notice
Summary of the contracting process

The Water Services Regulation Authority (Ofwat) procured interim finance accountant services to support its year-end financial closedown. The work focused particularly on accounting for accruals, prepayments and fixed assets, alongside the wider requirements of an interim finance accountant. The procurement was for services, classified as financial consultancy services. Delivery covered England and Wales, including the North East, North West, Yorkshire and the Humber, East Midlands, West Midlands, East of England, London, South East, South West and Wales. The buying organisation is a central government public authority based in Birmingham. This requirement is relevant to interim finance specialists, accountancy consultancies and recruitment providers able to supply appropriately experienced finance professionals for public-sector year-end work across these locations.

The procurement has been completed and the contract was awarded to Hays Specialist Recruitment Limited. Ofwat used a direct award below the threshold without competition. The award was made on 7 July 2026, and the contract was signed on 7 July 2026. The contract period runs from 8 July 2026 to 30 October 2026. Its value is £33,000 excluding VAT, or £39,600 including VAT. There was one completed lot covering the interim finance accountant requirement. The award is active and the contract is active. The published outcome identifies Hays as the selected supplier. The available procurement information describes the direct-award route, but does not set out a separate competitive evaluation or scoring basis.

This procurement demonstrates demand from Ofwat for short-term finance capacity during year-end closedown, particularly in technically important areas such as accruals, prepayments and fixed-asset accounting. A credible future provider would need access to suitably qualified interim finance accountants who can join an organisation quickly, work independently and maintain accurate records during a concentrated reporting period. Relevant experience should include year-end close activity, balance-sheet accounting, asset registers, prepayments and accrual calculations, together with the ability to support a public authority’s financial controls and reporting requirements. Providers with a reliable network of interim accounting professionals and the operational reach to support organisations across England and Wales would be well placed for a similar requirement from this buyer.

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Notice Information

Notice Title

Interim Finance Accountant

Notice Description

Support the year end closedown with a particular focus on accruals, prepayments and fixed assets.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06d904
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/072787-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£33,000 Under £100K

Notice Dates

Publication Date
31 Jul 20262 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
8 Jul 2026 - 30 Oct 2026 1-6 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
O F W A T
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BIRMINGHAM
Postcode
B5 4UA
Postcode Area
Birmingham
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
Not specified
Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

Hays Specialist Recruitment Ltd

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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