RFP QuestBeta
Awarded · ResultStage · award

NHS Wales Shared Services Partnership-Procurement Services (hosted by Velindre University NHS Trust)

External Finance Support

Business ServicesCPV 79412000
ValueValue not published
Awarded
Published11 Feb 2026
RegionNationwide
Outcome — awarded
MCKINSEY & COMPANY INC UNITED KINGDOM

This is a contract result notice, not an open opportunity. Details from the official award data.

Who to contact
Lowri Crossman
Lowri.Crossman@wales.nhs.uk
+44 2921501500

The procurement contact named on the official notice.

The brief

This contract commissions time-limited external support to assist Cardiff and Vale University Health Board in responding to a significant and worsening financial position while operating under Welsh Government oversight and escalation arrangements.

The Health Board is forecasting a 56.2m GBP deficit in 2025/26, compared to a 27.7m GBP deficit outturn in 2024/25, and faces a material underlying financial gap in 2026/27 that cannot be addressed through business-as-usual savings alone.

In the context of the 2026/27 planning round and the requirement to demonstrate a credible medium-term route to financial sustainability, the Board has agreed to commission independent support to identify the scale and nature of change required to alter the current financial trajectory.

The purpose of the assignment is to develop a finite, decision-grade set of approximately five to seven high-impact options that explicitly set out what activity, services or sites would need to slow, stop, be consolidated, decommissioned or traded off in order to materially improve the financial position in 2026/27 and demonstrate a credible path to medium-term financial balance.

The focus is on making the consequences of affordability explicit rather than developing narrative strategies, consensus or recommendations on preferred options.

Each option must be articulated in granular operational terms, including affected services or sites, the nature of the change, workforce implications linked directly to service and activity change (including WTE impact), financial impact and phasing, delivery dependencies and constraints, and key risks and trade-offs including impacts on access, quality, safety and workforce.

Options must clearly distinguish between what could realistically contribute in 2026/27 and what would deliver benefit in later years.

The work will complement existing internal savings programmes, bring independent challenge and judgement, avoid optimism bias and untested productivity assumptions, and be delivered at pace within a tight timeframe.

Outputs must be suitable for Board consideration and engagement with Welsh Government.

The external support will provide analysis and option appraisal only, with all substantive outputs completed by no later than 31 March 2026.

Key requirements

What the supplier must deliver

01

This contract commissions time-limited external support

This contract commissions time-limited external support to assist Cardiff and Vale University Health Board in responding to a significant and worsening financial position while operating under Welsh Government oversight and escalation arrangements.

02

In the context of the 2026/27 planning

In the context of the 2026/27 planning round and the requirement to demonstrate a credible medium-term route to financial sustainability, the Board has agreed to commission independent support to identify the scale and nature of change required to alter the current financial trajectory.

03

Options must clearly distinguish between what could

Options must clearly distinguish between what could realistically contribute in 2026/27 and what would deliver benefit in later years.

04

Outputs must be suitable for Board consideration

Outputs must be suitable for Board consideration and engagement with Welsh Government.

05

The external support will provide analysis

The external support will provide analysis and option appraisal only, with all substantive outputs completed by no later than 31 March 2026.

Derived from the notice text — always confirm against the original documents.

Buyer intelligence

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Source & provenance
OCID
ocds-h6vhtk-060280
Stage
award · Awarded
Source
Find a Tender
Buyer ref
012299-2026
View the original notice on Find a Tender

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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