This public procurement record has 3 releases in its history.

Award

17 Mar 2026 at 13:00

TenderUpdate

19 Jan 2026 at 14:59

Tender

05 Jan 2026 at 15:01

Summary of the contracting process

The Welsh Revenue Authority has completed the procurement process for the "WRA010 2025 26 Welsh Revenue Authority Regulatory Impact Assessment Contract". Located in Merthyr Tydfil, the Authority sought to award a contract focusing on financial, business, and management consultancy services. The process culminated in a contract with Alma Economics Ltd, effective from 16th February 2026 until 16th June 2026, with a potential extension up to October 2026. This procurement was conducted using an open competition method, below threshold, governed by Welsh devolved regulations. The procurement stage is currently categorized as 'Award' and 'Contract', reflecting its completion status as of 17th March 2026.

This tender presents valuable growth opportunities for businesses skilled in consultancy, with the potential impact assessment and cost-benefit analysis requirements aligning well with firms specializing in financial and management consultancy services. Medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are encouraged to participate due to the appropriate suitability criteria. The extended deadline for submission allowed ample time for businesses to engage, showing flexibility and openness to a wider range of competitors. Overall, this procurement could prove beneficial for companies aiming to expand their footprint in consultancy services within the public sector.

How relevant is this notice?

Notice Title

WRA010 2025 26 Welsh Revenue Authority Regulatory Impact Assessment Contract

Notice Description

Welsh Revenue Authority have awarded a contract for WRA Tax Maintenance Bill - Cost-benefit analysis to support a Regulatory Impact Assessment

Lot Information

Lot 1

Renewal: The contract will be let for 4 months with the option to extend for up to a further 4 months subject to Welsh Revenue Authority approval.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05ff7e
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/024029-2026
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Below threshold - open competition
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

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


CPV Codes

66171000 - Financial consultancy services

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
£50,000 Under £100K
Lots Value
£50,000 Under £100K
Awards Value
Not specified
Contracts Value
£49,500 Under £100K

Notice Dates

Publication Date
17 Mar 20266 months ago
Submission Deadline
2 Feb 2026Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
16 Feb 2026 - 16 Jun 2026 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
Welsh Revenue Authority
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MERTHYR TYDFIL
Postcode
CF47 7DL
Postcode Area
Cardiff
Country
Wales

Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL51 Central Valleys and Bridgend
Delivery Location
Not specified

Local Authority
Merthyr Tydfil
Electoral Ward
Town
Westminster Constituency
Merthyr Tydfil and Aberdare

Supplier Information

Number of Suppliers
1
Supplier Name

Alma Economics

Further Information

Notice Documents

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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