Award

The Provision of Tax Services to the Development Bank of Wales

DEVELOPMENT BANK OF WALES

This public procurement record has 2 releases in its history.

Award

05 Feb 2025 at 15:01

Tender

16 Feb 2022 at 09:24

Summary of the contracting process

The Development Bank of Wales is inviting tenders for the provision of tax services to the DBW Group. This procurement falls under the industry category of tax consultancy services (CPV code 79221000) and is classified as a services contract. The tender is open to suitable bidders across the UK and will follow an open procurement procedure. The procurement stage is currently active, with the submission deadline set for 18th March 2022. The contract period is 1800 days with an option for two 12-month extensions. Interested businesses can access further information and submit their bids through the eTenderwales platform.

This tender offers an excellent opportunity for businesses specialising in tax consultancy services to expand their portfolios by partnering with a reputable public entity. It is particularly suitable for firms with the capability to deliver high-quality tax services and those looking to establish or strengthen their presence in Wales. As the contract allows electronic submission, it encourages participation from technologically adept businesses. The contract value, estimated at £600,000, provides substantial business growth potential for successful bidders, especially those capable of meeting both the technical and pricing evaluation criteria outlined in the invitation to tender.

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Notice Title

The Provision of Tax Services to the Development Bank of Wales

Notice Description

The Development Bank of Wales plc are inviting tenders to provide Tax Services to the DBW Group.

Lot Information

Lot 1

The Development Bank of Wales was set up by the Welsh Government ("WG") in October 2017 to support the economy of Wales by making it easier for businesses to get the finance they need to start up, strengthen and grow. More information about the Group, our goals, funds, and financial performance can be found on our website: https://developmentbank.wales DBW is inviting tenders to provide tax services to the DBW Group. Further information can be obtained from the Invitation to Tender.

Renewal: The option to extend the contract by 2x 12 months.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03179d
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/003840-2025
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79221000 - Tax consultancy services

Notice Value(s)

Tender Value
£600,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
5 Feb 20251 years ago
Submission Deadline
18 Mar 2022Expired
Future Notice Date
Not specified
Award Date
1 May 20223 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
DEVELOPMENT BANK OF WALES
Contact Name
Sarah Patnett
Contact Email
procurement@developmentbank.wales
Contact Phone
+44 2920338100

Buyer Location

Locality
WREXHAM
Postcode
LL13 7YL
Post Town
Llandudno
Country
Wales

Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL3 North Wales
Small Region (ITL 3)
TLL34 Flintshire and Wrexham
Delivery Location
Not specified

Local Authority
Wrexham
Electoral Ward
Brynyffynnon
Westminster Constituency
Wrexham

Supplier Information

Number of Suppliers
1
Supplier Name

DELOITTE

Open Contracting Data Standard (OCDS)

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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