Outsourced Finance Director Managed Service (LSHW.002.2025)

A Tender Notice
by LIFE SCIENCES HUB WALES LTD

Source
Find a Tender
Type
Contract (Services)
Duration
6.5 month
Value
£48K
Sector
BUSINESS
Published
20 Jun 2025
Delivery
14 Jul 2025 to 31 Jan 2026
Deadline
04 Jul 2025 13:00

Concepts

Location

Cardiff and Vale of Glamorgan:

Geochart for 1 buyers and 0 suppliers

1 buyer

Description

Life Sciences Hub Wales seeks the provision of a suitably qualified, capable and experienced Outsourced Finance Director Managed Service to act as interim replacement for its outgoing Director of Finance and Resources. The current Finance team at Life Sciences Hub Wales, sans the Director of Finance and Resources, is comprised of a part-time Finance Manager (0.6FTE, reporting to the Director of Finance and Resources) and an outsourced bookkeeper (circa 7 hours per week, reporting to the Finance Manager). The Director of Finance and Resources is a member of the Life Sciences Hub Wales Senior Leadership Team, reporting directly to the CEO; the Outsourced Finance Director Managed Service representative(s) would also report directly to the CEO. It is envisioned that 3-4 days per calendar month of Outsourced Finance Director Managed Service provision would satisfy the requirement of the service. The required Outsourced Finance Director Managed Service provider would act as a replacement to the current Director of Finance and Resources, addressing and successfully completing the key financial and accounting activities currently undertaken within the role. Full details of the requirement are provided in the Invitation to Tender document uploaded to Sell2Wales.

Renewal Options

At the sole discretion of Life Sciences Hub Wales the contract may be extended by a further 6-months, giving a latest possible date of expiry of 31st July 2026.

Award Criteria

Quality Award Criteria The agreement (if awarded) shall go to the Supplier submitting the Most Advantageous Tender (MAT), in terms of value for money based on the award criteria outlined in Part 14.2.1 of the Invitation to Tender document. The Quality assessment shall carry 70% of the available 100%. The Quality assessment will be undertaken following the scoring methodology provided in Annex 1 of the Invitation to Tender document.
Commercial Award Criteria The Commercial assessment shall carry the remaining 30% of the available 100%. The Commercial assessment will be evaluated on a proportional vs best basis and will be evaluated using the calculation provided in Part 14.2.6 of the Invitation to Tender document.

CPV Codes

  • 66122000 - Corporate finance and venture capital services
  • 79200000 - Accounting, auditing and fiscal services
  • 66170000 - Financial consultancy, financial transaction processing and clearing-house services

Indicators

  • Renewals are available.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. **

Reference

Domains