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Sell2Wales (Welsh Government) verified 3 days ago Contract notice

PROVISION OF OUTSOURCED FINANCE FUNCTION SERVICES

Open United Kingdom Financial & insurance services

Buyer Cardiff Young Men's Christian Association

28 days left

Key facts

Closes
12:00 (UTC)
Procedure
Open procedure
  1. Published
  2. Today
  3. Deadline open for 36 days
  4. Awarded pending
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Description

YMCA Cardiff requirement for Financial Services. YMCA Cardiff, a Registered Charity and Registered Social Landlord regulated by the Welsh Government, is seeking an experienced provider to deliver a fully outsourced finance function. The contract will encompass all aspects of financial management, accounting, regulatory compliance, audit support and financial reporting, ensuring the organisation maintains robust financial control, meets all statutory obligations and receives strategic financial support to inform decision-making. The provider will be expected to work closely with senior management, the Finance, Risk & Property Sub-Committee and the Board, providing professional financial advice, management accounts, budgeting, forecasting and governance support. The scope of services includes banking and cash management, purchase and sales ledger administration, credit control, rent accounting, VAT compliance, treasury management, audit preparation, and the completion of all relevant Charity Commission, FCA, HMRC and Welsh Government returns. The provider will also be responsible for project, grant, housing asset and development accounting, including Social Housing Grant compliance, component accounting, depreciation, development cashflow forecasting and capital programme monitoring. Bidders must demonstrate experience supporting charities and Registered Social Landlords, expertise in Xero, knowledge of Welsh housing regulation and funding arrangements, and the ability to provide qualified finance professionals capable of delivering both operational and strategic financial support. In accordance with the Procurement Act 2023 and the Welsh Procurement Regulations, the estimated value of this contract is 120,000 per annum (excluding VAT). This figure represents the Authority's anticipated annual expenditure and should be regarded as the indicative budget available for the delivery of the services under this procurement. Tenderers are expected to submit proposals that demonstrate best value for money whilst meeting the full requirements of the specification. The Authority does not guarantee any minimum level of expenditure and reserves the right to award the contract based on the most economically advantageous tender in accordance with the published evaluation criteria. NOTE: To register your interest in this notice and obtain any additional information please visit the Sell2Wales Web Site at https://www.sell2wales.gov.wales/Search/Search_Switch.aspx?ID=170979. The buyer has indicated that it will accept electronic responses to this notice via the Postbox facility. A user guide is available at https://www.sell2wales.gov.wales/sitehelp/help_guides.aspx. Suppliers are advised to allow adequate time for uploading documents and to dispatch the electronic response well in advance of the closing time to avoid any last minute problems.

Bid or no-bid?

Six questions before you commit a team. Under each one, what the register holds on it. The answers are yours.

  1. In your favour:

    Do we meet every eligibility criterion?

    Open procedure: any interested supplier may submit a bid.

  2. Your call:

    Can we deliver this with the team we have?

    The register holds nothing on this. The official documents will.

  3. Your call:

    Do we have two comparable references?

    Comparable work is in Financial & insurance services.

  4. In your favour:

    Is the deadline realistic for a proper offer?

    28 days left, 21 of them working days.

  5. Your call:

    Is there a margin at the likely winning price?

    In this country this kind of contract is usually awarded for between €65,365 and €461,297.

  6. Your call:

    Do we know this buyer?

    The register holds nothing on this. The official documents will.

Official source

Source: Sell2Wales (Welsh Government)

Always verify details on the official notice.

Report an error in this notice

Last verified against Sell2Wales (Welsh Government) 3 days ago

View the official notice

What this market pays

The buyer has too few awards of its own in this sector, so this is the range of the last 146 awards for Financial & insurance services in United Kingdom.

Median award
€150,307
Middle half of past awards
€65,365 to €461,297

Sell2Wales (Welsh Government) publishes no value for this notice, so it has no mark on the scale. The official documents may state one.

Award values as published by the official sources. Use them as a guide, not a rule: scope, lots and duration differ between contracts.

The buyer

Full buyer profile

Cardiff Young Men's Christian Association

United Kingdom

This buyer has no award history in this sector yet. Usual winners, Financial & insurance services - United Kingdom

Company Wins Total awarded Last win
Arthur J. Gallagher Insurance Brokers Ltd 13 €3.2M Aug 2026
ALLPAY LIMITED 11 €6.9M Sep 2026
HYMANS ROBERTSON LLP 4 €1.4M Jun 2026
ARLINGCLOSE LIMITED 4 €392,333 Aug 2026
Northern Trust 3 €7.6M Apr 2026

Based on 175 awards with a linked company profile over the last 2 years.

Market context

Sell2Wales (Welsh Government) publishes no value for this notice, so it cannot be placed among the open notices of its sector. The official documents may state one.

open now in Financial & insurance services
2,898
median open notice
€367,873

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