Award

SME Finance Monitoring

DEVELOPMENT BANK OF WALES

This public procurement record has 3 releases in its history.

Award

05 May 2026 at 11:03

UK7 - Contract Details Notice
Award

15 Apr 2026 at 10:51

UK6 - Contract Award Notice
Award

31 Mar 2026 at 14:50

UK5 - Transparency Notice
Summary of the contracting process

The Development Bank of Wales has completed a procurement process for the project titled "SME Finance Monitoring." This contract, awarded through a non-competitive direct award method, aims to provide insights into how Welsh SMEs perceive and utilise financial resources. The bank has engaged Ipsos Mori UK Limited, signalling the award's status as active as of 5th May 2026. This project focuses on the services industry, particularly data services, and is based in Wales, United Kingdom. The contract is scheduled to run from 1st May 2026 to 30th April 2027, with potential renewals extending up to 29th April 2029.

Business opportunities arising from this tender include the potential for SMEs specialising in data services to benefit from enhancing survey methodologies and data processing that align with the bank’s requirements. Organisations with expertise in longitudinal market research and those capable of maintaining the integrity of existing datasets are well-suited to similar future opportunities. Particularly, firms able to handle large-scale surveys and those experienced in regional datasets might find avenues for growth in providing value-rich insights that support economic assessments and funding strategies in shifting market conditions.

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Notice Information

Notice Title

SME Finance Monitoring

Notice Description

Following on from a published UK 5 and UK 6 notice DBW has entered into a contract for SME finance monitoring. The strategy team and Economic Intelligence Wales require a source of insight into how Welsh SMEs view, use and experience finance in a way which is comparable to a wider UK and regional dataset. This data should keep consistent sample sizes, question set and stratification to better track access to funding, growth ambitions and business performance through shifting economic conditions. This data must have the quality and repeatability for authoritative and reliable use which requires sufficient samples into sub-questions on finance uses. A key test of this is the use of datasets by our peers. Previously, the SME Finance Monitor has fulfilled this need. SME Finance Monitor is the largest quarterly survey in Wales without requirement for accredited researchers and project authorisation to access the granular data. Over the year, we will have access to a sample of 1,000 SMEs in Wales compared to the 500 typically achieved in the UK Government's Longitudinal Business Survey. The instruction from DBW to the Consultants for these specific services relating to the service is as follows: a) Include "Development Bank of Wales" as a response option to an existing survey question for SMEs in Wales according to eligibility criteria according to DBW's own guidelines indicated below. Employing up to 250 employees- Annual turnover not exceeding EUR50million Be located in Wales b) Provide DBW with the raw data tables, in Microsoft Excel format, at the half year and full year period for those SMEs within the eligibility criteria outlined above

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0679bd
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/040944-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

72300000 - Data services

Notice Value(s)

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

Notice Dates

Publication Date
5 May 20263 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
29 Mar 20262 months ago
Contract Period
30 Apr 2026 - 30 Apr 2027 6-12 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
DEVELOPMENT BANK OF WALES
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

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

IPOS MORI

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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