Award

Identifying and Assessing Options for Meeting Wales' Economic and Fiscal Evidence Needs

LLYWODRAETH CYMRU / WELSH GOVERNMENT

This public procurement record has 1 release in its history.

Award

12 Feb 2026 at 11:03

UK7 - Contract Details Notice
Summary of the contracting process

The procurement process initiated by the Welsh Government has reached the Award stage, concerning a contract titled "Identifying and Assessing Options for Meeting Wales’ Economic and Fiscal Evidence Needs". This project falls under the services category, specifically market and economic research, with Wavehill Limited being the awarded supplier. Located in Cardiff, the buying organisation is part of the central government fulfilling Welsh devolved regulation requirements. The formal contract was signed on 10th February 2026, commencing on 16th February 2026 and running until mid-September, including a potential renewal for a three-month extension. The limited procurement method was applied, suitable for below-threshold projects. The project aims to deliver a report by evaluating economic and fiscal data gaps in areas pertinent to Wales.

This contract presents opportunities for businesses specialising in economic, market research, and data analysis services, particularly those focusing on devolved governmental interests. Small and medium enterprises (SMEs) with expertise in mixed-methods research can leverage this to engage with government-driven projects and enhance their portfolio in public sector work. The contract scope allows suppliers to contribute significantly towards shaping fiscal policies and economic data strategies in Wales, potentially offering sustained business development through public authority partnerships. Business entities skilled in these domains should consider similar opportunities for growth, given the structured procurement and research project demands highlighted in this tender.

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Notice Information

Notice Title

Identifying and Assessing Options for Meeting Wales' Economic and Fiscal Evidence Needs

Notice Description

Mixed-methods research project to answer the following research questions: 1. What are the gaps in economic and fiscal data and analysis in Wales, particularly on areas of devolved interest, that are currently not being delivered by existing functions? 2. What are the options for filling these gaps? Could this be done through existing functions, or would it be preferable to set up a new body? The output will be a report answering these questions.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-064eb9
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/012760-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Below threshold - limited competition
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

79300000 - Market and economic research; polling and statistics

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£36,850 Under £100K

Notice Dates

Publication Date
12 Feb 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
10 Feb 20261 weeks ago
Contract Period
16 Feb 2026 - 15 Jun 2026 1-6 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
LLYWODRAETH CYMRU / WELSH GOVERNMENT
Contact Name
Sam Stroud
Contact Email
sam.stroud@gov.wales
Contact Phone
Not specified

Buyer Location

Locality
CARDIFF
Postcode
CF10 3NQ
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
Cathays
Westminster Constituency
Cardiff South and Penarth

Supplier Information

Number of Suppliers
1
Supplier Name

WAVEHILL

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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