Award

Funding Delivery Partner- Social Enterprises

DEVELOPMENT BANK OF WALES

This public procurement record has 2 releases in its history.

Summary of the contracting process

The Development Bank of Wales has successfully awarded a contract for the project titled "Funding Delivery Partner - Social Enterprises," aimed at providing financial support to social enterprises across Wales. The procurement process has reached the award stage, with the Wales Council for Voluntary Action being named the successful supplier. The project falls under the services category, specifically financial consultancy services (CPV code: 66171000). Located in Wrexham, the Development Bank of Wales will oversee the contract's implementation. The tender process began with the announcement on 28th January 2025, and concluded with the contract being signed on 10th March 2025. The tender attracted three bids and involved an open procurement method, ensuring a competitive selection process.

This tender presents significant business growth opportunities, particularly for firms specialising in financial consultancy services and those with a track record of supporting social enterprises. The awarded contract is an excellent opportunity for businesses capable of delivering comprehensive funding management, marketing, and operational support to social enterprises. Companies experienced in community enterprise initiatives, project management, and financial services will find this project particularly suited to their expertise. By participating as service providers, these businesses can significantly contribute to the economic development of social enterprises in Wales, thereby establishing their presence and reputation in the public procurement market.

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Notice Title

Funding Delivery Partner- Social Enterprises

Notice Description

The Development Bank of Wales is seeking to appoint a Funding Delivery Partner to support delivery of funding to the social enterprise sector in Wales through funding available in the Wales Micro- Loan Fund, or future subsequent follow-on funding as agreed with Welsh Government.

Publication & Lifecycle

Open Contracting ID
ocds-kuma6s-147697
Publication Source
Sell2Wales
Latest Notice
https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=147697
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
S2W Notice - Website Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
8 Apr 202510 months ago
Submission Deadline
28 Feb 2025Expired
Future Notice Date
Not specified
Award Date
10 Mar 202511 months ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
DEVELOPMENT BANK OF WALES
Contact Name
Leanne marcelle Millard
Contact Email
leanne.millard@developmentbank.wales
Contact Phone
+44 2920338100

Buyer Location

Locality
WREXHAM
Postcode
LL1 37Y
Post Town
Not specified
Country
Not specified

Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
Not specified

Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

Supplier Information

Number of Suppliers
1
Supplier Name

THE WALES COUNCIL FOR VOLUNTARY ACTION

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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