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General Cost Consultancy and QRA Support

Velindre University NHS Trust

This public procurement record has 2 releases in its history.

Award

25 Aug 2026 at 12:02

UK6 - Contract Award Notice
Award

25 Aug 2026 at 11:47

UK5 - Transparency Notice
Summary of the contracting process

Velindre University NHS Trust commissioned independent general cost consultancy and quantitative risk assessment support for the New Velindre Cancer Centre Programme. The services cover cost consultancy, financial assurance, financial reporting, evaluation of change control and quantitative risk assessment. The requirement is intended to provide a consistent approach through to project close, supported by detailed knowledge of the programme developed through earlier engagements. This is a professional financial consultancy service for a major healthcare capital programme, rather than construction delivery itself. The stated service classification is financial consultancy services. The work is associated with Velindre University NHS Trust’s cancer centre programme in Wales.

The procurement has been completed and the contract was awarded on 18 August 2026 to Lee Wakemans Limited. It used a direct award below the applicable threshold, without competition, under Schedule 5, paragraph 7 of the Procurement Act 2023. The award is for one lot. Its value is £64,000 excluding VAT and £76,800 including VAT. The awarded contract period runs from 7 September 2026 to 31 December 2027. A contract signature was scheduled for 4 September 2026. The buyer’s stated reason for using this route was that the selected supplier had developed extensive project knowledge through previous engagements. The tender status is complete and the award status is active.

This award demonstrates a defined requirement for independent commercial and risk expertise within Velindre University NHS Trust’s cancer centre programme. Suppliers seeking comparable work should be able to provide cost consultancy alongside financial assurance, financial reporting, change control evaluation and quantitative risk assessment. Credibility will depend on strong understanding of complex healthcare capital programmes, reliable financial controls and the ability to produce clear reporting for programme decisions. Experience that gives a supplier detailed knowledge of the buyer’s programme or a comparable project would be particularly relevant, because continuity and consistency were central to the selection rationale. The requirement also shows that an SME can deliver this combination of specialist advisory services.

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Notice Information

Notice Title

General Cost Consultancy and QRA Support

Notice Description

This notice is to advertise the provision of independent cost consultancy, financial assurance, financial reporting, change control evaluation and quantitative risk assessment support for the New Velindre Cancer Centre Programme, under Schedule 5, Paragraph 7 of the Procurement Act, The supplier required has developed extensive project knowledge through previous engagements, therefore ensuring a consistent approach through to the project close.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06eb66
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/080794-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
SME
Awardee Scale
SME

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
£64,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Aug 2026Yesterday
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
18 Aug 20261 weeks ago
Contract Period
7 Sep 2026 - 31 Dec 2027 1-2 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Velindre University NHS 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
CARDIFF
Postcode
CF15 7QZ
Postcode Area
Cardiff
Country
Wales
Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL51 Central Valleys and Bridgend
Delivery Location
Not specified
Local Authority
Rhondda Cynon Taf
Electoral Ward
Taff's Well
Westminster Constituency
Cardiff North

Supplier Information

Number of Suppliers
1
Supplier Name

Lee Wakemans Limited

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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