Award

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

Testing procedures on the Long Term Financial Plan (LTFP) model

Anchor Hanover Group

This public procurement record has 1 release in its history.

Award

23 Sep 2026 at 11:52

UK7 - Contract Details Notice
Summary of the contracting process

Anchor Hanover Group commissioned financial management consultancy to test a specified version of its Long Term Financial Plan model. The model supports the organisation’s financial planning, regulatory compliance and strategic decisions, and also feeds its financial resilience stress testing. It is predominantly spreadsheet-based, combining data from multiple sources with assumptions and calculation methods. The testing covers spreadsheet calculations, structured data transformations, including Power Query using M code, and semantic modelling. The work is delivered across England, covering the North East, North West, Yorkshire and the Humber, East Midlands, West Midlands, East of England, London, South East and South West.

The procurement is complete and awarded to KPMG LLP; the contract is active and was signed on 23 September 2026. The below-threshold procurement was for one lot, with a gross contract value of £36,993.60. The contract period runs from 1 October to 31 December 2026. The stated purpose and scope are testing a single specified version of Anchor Hanover’s financial planning model. The procurement record does not give an evaluation method or award criteria, so the basis on which KPMG was selected cannot be described further.

This award shows demand at Anchor Hanover for independent testing of a complex, spreadsheet-led financial planning model used for regulatory compliance, strategic decisions and financial resilience assessment. A credible competitor for comparable work would need to test spreadsheet calculations, trace structured transformations such as Power Query M code, and assess semantic modelling alongside the integration of multiple data sources, assumptions and calculation methods. Suppliers should be able to work across the specified model version and deliver testing that supports confidence in financial planning and stress testing. The awarded supplier was a large professional services firm, indicating that this requirement was met by a provider with the capability to take on specialist financial management consultancy work.

How relevant is this notice?

Notice Information

Notice Title

Testing procedures on the Long Term Financial Plan (LTFP) model

Notice Description

The supplier will perform testing procedures on a single specified version of the Model. The purpose of the Model is to assist Anchor in maintaining a Long Term Financial Plan (LTFP) to support financial planning, regulatory compliance, and strategic decision making. The model is predominantly spreadsheet-based and integrates multiple data sources, assumptions, and calculation methodologies. The model incorporates a range of build approaches and technical components, including spreadsheet-based calculations, structured data transformations (e.g. Power Query using M code), and semantic modelling elements. The LTFP also underpins the organisation's stress testing framework, forming an input into assessments of financial resilience and compliance with regulatory expectations.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-07786f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/090054-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Below threshold - unknown
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£36,993 Under £100K

Notice Dates

Publication Date
23 Sep 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Oct 2026 - 31 Dec 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
Anchor Hanover Group
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BRADFORD
Postcode
BD1 2ST
Postcode Area
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
City
Westminster Constituency
Bradford West

Supplier Information

Number of Suppliers
1
Supplier Name

KPMG LLP

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...