Source: https://tendernation.io/opportunities/01a13bbd-d281-71cc-ac6e-0db2a15eb328/outsourced-finance-director-managed-service-lshw0022025 awarded GB open procedure Suitable for SMEs # Outsourced Finance Director Managed Service (LSHW.002.2025) [Life Sciences Hub Wales Ltd](https://tendernation.io/buyers/life-sciences-hub-wales-ltd) Estimated value £48,000 Published 15 Jul 2025 Deadline Closed 4 Jul 2025 ## Who can bid - Buyer says suitable for SMEs The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid. - Buyer says suitable for VCSEs The buyer ticked “suitable for voluntary, community and social enterprises” on the notice. - Below-threshold contract Buyers cannot shortlist bidders on suitability before tenders are in, so everyone gets to submit a bid (except some larger works contracts). [Procurement Act 2023, section 85](https://www.legislation.gov.uk/ukpga/2023/54/section/85) - Open procedure Anyone can submit a full tender; there is no shortlisting stage. [More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses) ## About this tender 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. ## CPV classification Corporate finance and venture capital services Accounting, auditing and fiscal services Financial consultancy, financial transaction processing and clearing-house services Source Find a Tender (UK) · Notice ocds-h6vhtk-055126-2025-07-15T15:39:43+01:00 [View official notice](https://www.find-tender.service.gov.uk/Notice/ocds-h6vhtk-055126-2025-07-15T15:39:43+01:00) Never miss a tender like this again Get AI summaries, deadline alerts and a bid pipeline for tenders matched to your business. Free to start. 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