Forecasting support

Closing date: 25 October 2019 - 5:00 pm

Local Trust delivers the Big Local programme through a relatively small and busy team, and we are seeking to commission a partner who can support us to develop our new forecasting model.

We are committed to meeting the needs of areas and releasing funding when local people need it. Our current model is built on cohorts of areas, grouped on the basis of how much funding they have left to spend, and the end date of their Big Local plan. As we reach the half-way point of the programme, we are reviewing our forecasting model to ensure that it:

  • Reflects the changing needs of Big Local areas as they progress through the main delivery phase to the end of the programme
  • Is based on typologies of spending behaviour and takes into account the insights we have gained through our research and programme delivery experience
  • Supports effective budget planning and risk management.

Your work will involve analysing our needs, recommending relevant forecasting techniques and working closely with our funding and finance teams, supporting us to use the techniques and develop the new model. We require your work to occur between late October and early December 2019 and for the new forecasting model to be completed by the end of 2019.

How to apply

Please send your proposal and CV to programmes@localtrust.org.uk

Applications to be submitted by: Friday 25 October 2019 at 5.00 pm (UK time).

Any questions relating to this ITT, please email programmes@localtrust.org.uk or call Zoe Sykiotis on 0203 588 0568.

We will review expressions on a rolling basis during October and will contact strong respondents before the deadline.


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