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Financial Model Assurance for H8

Civil Aviation Authority

This public procurement record has 1 release in its history.

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26 Aug 2026 at 13:52

Award Notice
Summary of the contracting process

The Civil Aviation Authority procured external financial model assurance services. The requirement was for an independent financial model reviewer to examine the price control models for H8 and NR28. This is a specialist financial consultancy service rather than general accounting, audit or financial administration. The work relates to the Authority’s regulatory price-control activity and is delivered in the United Kingdom. The procurement covered one service package, described as reviewing the price control model for H8 and NR28. The buyer is the Civil Aviation Authority, a public body responsible for civil aviation regulation. The requirement was treated as a finance service under the applicable public procurement framework, with the review focused on the reliability and assurance of financial models used in price-control work.

The procurement has been awarded and the resulting contract is active. CubeLynx Limited was selected as supplier, and the contract was signed on 14 May 2026. The procedure was a limited award without prior publication of a competition notice, using a competition under CCS Framework RM6309, Lot 4: Finance Solutions and Associated Services. The procurement was evaluated on price. One lot was recorded as cancelled, although an active award and contract are recorded against it. Six bids were reported for the lot. Reported valid bid values ranged from £0.01 to £10,000,000 for the lot, and from £0.01 to £1,000,000 in the overall statistics. The contract includes options described as “+1 + 1”.

This procurement demonstrates demand from the Civil Aviation Authority for specialist independent review of regulatory financial models, particularly price-control models covering H8 and NR28. A credible future supplier would need strong financial consultancy and financial-modelling assurance capability, with the technical expertise to scrutinise complex models, test their logic and identify risks affecting regulated prices. Experience in regulated sectors, economic regulation, infrastructure finance or aviation would be relevant to this specific requirement. Suppliers should also be able to work within a public-sector framework route and compete effectively where price is the stated evaluation basis. CubeLynx Limited is recorded as an SME, indicating that the requirement was deliverable by a specialist smaller firm rather than only a large consultancy.

How relevant is this notice?

Notice Information

Notice Title

Financial Model Assurance for H8

Notice Description

External financial model reviewer to conduct review of price control model for H8 and NR28

Lot Information

Lot 1

Services for External financial model reviewer to conduct review of price control model for H8 and NR28

Options: +1 + 1

Procurement Information

This contract was awarded via a competition under a CCS Framework RM6309 Lot 4 Finance. Solutions and Associated Services within PCR regs 2015. A competition was entered into in line with the rules and procedures of the framework.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06ec9f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/081332-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
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
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
26 Aug 2026Today
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
14 May 20263 months ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Civil Aviation 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
CRAWLEY
Postcode
RH6 0YR
Postcode Area
Redhill
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ28 West Sussex (North East)
Delivery Location
Not specified
Local Authority
Crawley
Electoral Ward
Langley Green & Tushmore
Westminster Constituency
Crawley

Supplier Information

Number of Suppliers
1
Supplier Name

CubeLynx Limited

Further Information

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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