---
title: "IT Security Services"
ocid: "ocds-h6vhtk-04efe9"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04efe9"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-04efe9.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-04efe9.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "DEVELOPMENT BANK OF WALES"
published: "2025-07-31"
---

# IT Security Services

Buyer: DEVELOPMENT BANK OF WALES  
Current stage: Award  
OCID: ocds-h6vhtk-04efe9

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04efe9)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-04efe9.json)

## Summary

The Development Bank of Wales, located in Cardiff, is looking to streamline its IT security operations through a competitive tendering process. They are focusing on IT Security Services, intending to consolidate various security operations into a unified Microsoft security platform. This procurement falls under the services category and is conducted using an open and competitive flexible procedure. Wavenet Limited, based in Solihull, has been awarded the contract. Key dates include the signing on 30th July 2025, with the active contract running from 31st July 2025 to 30th July 2030, with a maximum extent date of 30th July 2033.

This tender offers significant business growth opportunities by enabling collaboration in the rapidly evolving field of IT security services, utilising cutting-edge Microsoft technologies. The opportunity is ideal for large-scale businesses proficient in consulting, software development, and internet support services, aligning with the buyer's high standards for addressing security threats. The contract allows for renewals and additional consultancy services, appealing to IT firms looking to expand their footprint in security systems management by closely working alongside existing service providers to ensure comprehensive protection against emerging threats.

## Notice

The Development Bank of Wales undertook a competitive flexible procedure, this notice is to notify that we have entered into a contract with the successful supplier. The Scope: The Development Bank of Wales currently operate a security operation model that is split across multiple providers and technologies. To help reduce the complexity of this approach and improve our ability to effectively monitor, respond to, and mitigate security threats, the Banc are investigating the feasibility of implementing a unified Microsoft security operations platform, the day-to-day management of which would be supported by a single provider. This transition will not only streamline our processes and technology, but also increase the efficiency of our incident response efforts and reduce the potential for gaps in our security posture caused by the fragmentation of tools and services. Currently, our Azure services are handled by Service Provider A, which focuses on optimising our cloud infrastructure. Service Provider B is responsible for managing our Microsoft 365 environment and on-premises infrastructure, ensuring that both are configured and maintained to meet our operational needs. Additionally, our managed detection and response (MDR) services are provided by Service Provider C, which utilises their own proprietary platform to deliver continuous monitoring, threat detection, and incident response across our IT estate. The Banc is investigating replacing Service Provider C with a new Service Provider that will take over the managed detection and response function, utilising the Microsoft unified security platform. They will be responsible for the implementation, configuration and on going management of the platform, and providing proactive advice and recommendations to improve the security of our Microsoft estate, drawing on Microsoft's insights, but will not be responsible for any configuration outside of the security platform. The new provider will collaborate closely with Service Providers A and B to align security practices ensuring that our entire IT environment remains protected against emerging threats.

### Lot Information

Lot 1

Options: There may be a requirement that the supplier will undertake project work during the contract term. Additional modules and or security of other systems may also be required.

Renewal: 3 years in 12 month increments

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/044725-2025 |
| Notice type | UK7 - Contract Details Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Competitive flexible procedure |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 31 Jul 2025 |
| Submission deadline | 9 Jun 2025 |
| Future notice date | Not specified |
| Award date | 6 Jul 2025 |
| Contract period | 30 Jul 2025 - 30 Jul 2030 |
| Recurrence | 2033-03-13 |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1,500,000 |
| Lots value | £1,500,000 |
| Awards value | £1,500,000 |
| Contracts value | £1,500,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | DEVELOPMENT BANK OF WALES |
| Locality | CARDIFF |
| Post town | Cardiff |
| Postcode | CF10 4BZ |
| Country | Wales |
| ITL 1 | TLL Wales |
| ITL 2 | TLL5 South East Wales |
| ITL 3 | TLL52 Cardiff and Vale of Glamorgan |
| Local authority | Cardiff |
| Electoral ward | Butetown |
| Westminster constituency | Cardiff South and Penarth |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | WAVENET |

## CPV Codes

### Divisions

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

### Codes

- 72000000 - IT services: consulting, software development, Internet and support

## Release History

- 31 Jul 2025 at 11:48 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/044725-2025
- 8 Jul 2025 at 13:02 - Award - UK6 - Contract Award Notice - https://www.find-tender.service.gov.uk/Notice/038257-2025
- 20 Mar 2025 at 15:51 - Tender - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/010484-2025

## Documents

- https://www.find-tender.service.gov.uk/Notice/044725-2025
  31st July 2025 - Contract details notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/038257-2025
  8th July 2025 - Contract award notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/010484-2025
  20th March 2025 - Tender notice on Find a Tender

## Notice URLs

- http://www.developmentbank.wales
- https://etenderwales.bravosolution.co.uk/web/login.shtml
- https://www.legislation.gov.uk/ukpga/2023/54/contents

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04efe9. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-04efe9.json.