Award

The Provision of Tax Services to the Development Bank of Wales

DEVELOPMENT BANK OF WALES

This public procurement record has 2 releases in its history.

Award

05 Feb 2025 at 00:00

Tender

16 Feb 2022 at 00:00

Summary of the contracting process

The Development Bank of Wales conducted an open procurement process for the provision of tax services to the DBW Group. This tender falls under the economic affairs industry category and covers services delivery across the UK. The key procurement stages included the tender period ending on 18th March 2022, with the contract being signed on 2nd May 2022. The procurement method was an open procedure, allowing multiple businesses to submit their bids electronically via the eTenderwales platform. The procurement process resulted in the awarding of the contract to DELOITTE LLP, a supplier classified as an SME.

This tender presents substantial opportunities for businesses specialising in tax services. Small and medium-sized enterprises (SMEs) are particularly well-suited to compete, as evidenced by the engagement of DELOITTE LLP, an SME, in this successful bid. This contract involves a comprehensive scope of work related to tax services for the Development Bank of Wales, providing an attractive avenue for growth and expansion into public sector contracts for qualified businesses in the economic affairs sector. The DBW Group supports the Welsh economy, making it essential for businesses aiming to contribute to this sector's financial infrastructure.

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Notice Title

The Provision of Tax Services to the Development Bank of Wales

Notice Description

The Development Bank of Wales plc are inviting tenders to provide Tax Services to the DBW Group.

Lot Information

Lot 1

The Development Bank of Wales was set up by the Welsh Government ("WG") in October 2017 to support the economy of Wales by making it easier for businesses to get the finance they need to start up, strengthen and grow. More information about the Group, our goals, funds, and financial performance can be found on our website: https://developmentbank.wales DBW is inviting tenders to provide tax services to the DBW Group. Further information can be obtained from the Invitation to Tender.

Renewal: The option to extend the contract by 2x 12 months.

Publication & Lifecycle

Open Contracting ID
ocds-kuma6s-118765
Publication Source
Sell2Wales
Latest Notice
https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=118765
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
OJEU - F3 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
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

79221000 - Tax consultancy services

Notice Value(s)

Tender Value
£600,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
5 Feb 20251 years ago
Submission Deadline
18 Mar 2022Expired
Future Notice Date
Not specified
Award Date
2 May 20223 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
DEVELOPMENT BANK OF WALES
Contact Name
Sarah Patnett
Contact Email
procurement@developmentbank.wales
Contact Phone
+44 2920338100

Buyer Location

Locality
WREXHAM
Postcode
LL13 7YL
Post Town
Llandudno
Country
Wales

Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL3 North Wales
Small Region (ITL 3)
TLL34 Flintshire and Wrexham
Delivery Location
Not specified

Local Authority
Wrexham
Electoral Ward
Brynyffynnon
Westminster Constituency
Wrexham

Supplier Information

Number of Suppliers
1
Supplier Name

DELOITTE

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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