The Queen Elizabeth Hospital King's Lynn NHS Foundation Trust (QEHKL) - (CV30) Updated NWICB Expected Annual Contract Value
Overview
Summary, notice description and lot information
The NHS Norfolk and Waveney Integrated Care Board (ICB) is managing a contract modification process under the Health Care Services (Provider Selection Regime) Regulations 2023, specifically for "The Queen Elizabeth Hospital King's Lynn NHS Foundation Trust (QEHKL) - (CV30) Updated NWICB Expected Annual Contract Value". The contract relates to hospital and related services, classified under the CPV code 85110000. Geographically, it is focused on the UKH16 region, encompassing Kings Lynn.
The procurement process is at the award update and contract update stage, with the contract having been modified to reflect new financial arrangements. Dates of significance include the original contract signing on 1st April 2022, with the extended contract duration running until 31st March 2030. This tender presents significant business opportunities, especially for firms involved in hospital and healthcare service provisions.
Companies specialising in financial planning for large-scale health institutions may find valuable growth opportunities here, given the contract's emphasis on updating financial arrangements for the NHS Norfolk and Waveney ICB. The tender is well-suited for larger businesses capable of handling service provisions that align with the Buyer’s expected annual contract value increases, which include a substantial additional funding injection for specific services and adjustments in financial arrangements.
This variation is to update the contract in line with the new financial arrangements for NHS Norfolk and Waveney Integrated Care Board only. The funding is an additional PS253,803.00 for the West Palliative Care Service, PS1,000,000.00 for National Support (Month 12) but a Month 10 depreciation adjustment of -PS861,000.00 to the Fixed Value. The overall change to the Expected Annual Contract Value for 24/25 is a combined increase of the Fixed Value & Secondary Dental Fixed Value for NHS Norfolk and Waveney ICB totalling PS773,588.00.
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