Award

Award of Pay and Benefits review

DEVELOPMENT BANK OF WALES

This public procurement record has 3 releases in its history.

Award

15 Dec 2025 at 14:44

Tender

09 Oct 2025 at 12:53

Planning

07 Oct 2025 at 11:12

Summary of the contracting process

The Development Bank of Wales has recently completed its procurement process for the "Pay and Benefits review," with Mercer Limited emerging as the successful supplier. The contract, which falls under the category of services specifically business and research consultancy, was conducted using an open procedure method, and was valued at £180,000. Situated in Cardiff, Wales, the buying organisation applies Welsh devolved regulations and follows UK central government public authority guidelines. Originally announced with an award notice date on 11th December 2025, the contract period is set to commence on 8th January 2026, lasting through 7th January 2029, with potential renewal up to 2032. This review aims to ensure fair and competitive remuneration structures within DBW, aligning with industry standards across the UK.

This tender presents significant growth opportunities for businesses specialising in compensation, benefits benchmarking, and HR consultancy. Companies with proven expertise in conducting market analyses and developing strategic human capital solutions are encouraged to participate, especially those prioritising equality, diversity, and inclusion within their service offerings. Such businesses can leverage their insights to influence industry practices while establishing long-term relationships with a public sector client. The benchmarking report, integral to DBW's annual remuneration review, demands high-calibre analytical, communication, and stakeholder engagement capabilities to support strategic objectives effectively.

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Notice Title

Award of Pay and Benefits review

Notice Description

The Development Bank of Wales have concluded their evaluation of the Pay and Benefits review, this notice confirms the winning bidder.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05a97a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/082966-2025
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

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


CPV Codes

73000000 - Research and development services and related consultancy services

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Notice Value(s)

Tender Value
£180,000 £100K-£500K
Lots Value
£180,000 £100K-£500K
Awards Value
£180,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
15 Dec 20252 months ago
Submission Deadline
13 Nov 2025Expired
Future Notice Date
8 Oct 2025Expired
Award Date
11 Dec 20252 months ago
Contract Period
8 Jan 2026 - 7 Jan 2029 3-4 years
Recurrence
2031-10-08

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Pending
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
DEVELOPMENT BANK OF WALES
Contact Name
Leanne Millard
Contact Email
leanne.millard@developmentbank.wales
Contact Phone
029 2080 1715

Buyer Location

Locality
CARDIFF
Postcode
CF10 4BZ
Post Town
Cardiff
Country
Wales

Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL52 Cardiff and Vale of Glamorgan
Delivery Location
Not specified

Local Authority
Cardiff
Electoral Ward
Butetown
Westminster Constituency
Cardiff South and Penarth

Supplier Information

Number of Suppliers
1
Supplier Name

MERCER

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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