Award

Help to Buy Wales - Loan Administration System

DEVELOPMENT BANK OF WALES

This public procurement record has 3 releases in its history.

Award

08 Nov 2023 at 16:06

TenderUpdate

30 Aug 2022 at 09:19

Tender

26 Aug 2022 at 15:54

Summary of the contracting process

The Development Bank of Wales is inviting tenders for a Loan Administration System for the Help to Buy Wales scheme. The procurement is for information technology services in the services category. The buyer is the Development Bank of Wales based in Wrexham, UK. The tender is in the procurement stage of 'cancelled' with the ID DBW00007. The procurement method is a selective procedure.

This tender opportunity for the Loan Administration System can be beneficial for businesses in the information technology services sector. Companies with expertise in technical delivery principles, user accessibility, paperless processing, shared equity loan management, financial processing, and reporting would be well-suited to compete. The contract was awarded to Equiniti Group plc, offering growth opportunities to large-scale technology service providers.

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Notice Title

Help to Buy Wales - Loan Administration System

Notice Description

The Development Bank of Wales is seeking to procure a Loan Administration System for the Help to Buy-Wales scheme.

Lot Information

Lot 1

Help to Buy (Wales) Ltd ("HtBW") is the vehicle through which the Welsh Government provides financial assistance to enable qualifying applicants to buy a new build property on a new development, with the assistance of a shared equity loan. Further information relating to the specification for the Loan Administration System can be found in the Qualification Guidance document. Additional information: Further quality weightings as lack of space at in the weighting section: Training 2.25% Service Management - 3.75% Well being of future generations 10%

Renewal: The Contract will have an initial 4 year term with options to extend, at the sole discretion of the contracting authority, for up to three additional periods of two years each.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0363b8
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/033097-2023
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support


CPV Codes

72222300 - Information technology services

Notice Value(s)

Tender Value
£3,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£4,926,000 £1M-£10M

Notice Dates

Publication Date
8 Nov 20232 years ago
Submission Deadline
30 Sep 2022Expired
Future Notice Date
Not specified
Award Date
17 Sep 20232 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
Not specified
Contact Email
procurement@developmentbank.wales
Contact Phone
+44 2920338100

Buyer Location

Locality
WREXHAM
Postcode
LL1 37Y
Post Town
Not specified
Country
Not specified

Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
Not specified

Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

Supplier Information

Number of Suppliers
1
Supplier Name

EQUINITI GROUP

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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