---
title: "Contract signing for iXBRL Tagging of financial statements"
ocid: "ocds-h6vhtk-06003a"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-06003a"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-06003a.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-06003a.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "DEVELOPMENT BANK OF WALES"
published: "2026-03-31"
---

# Contract signing for iXBRL Tagging of financial statements

Buyer: DEVELOPMENT BANK OF WALES  
Current stage: Award  
OCID: ocds-h6vhtk-06003a

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-06003a)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-06003a.json)

## Summary

The Development Bank of Wales, based in Cardiff, has successfully concluded a procurement process involving the iXBRL Tagging of financial statements to ensure compliance with HMRC regulations for Corporation Tax submissions. This procurement, initiated through an open procedure as per the Procurement Act 2023, involved a detailed evaluation before awarding the contract to Azets Holdings Limited. The contract, valued at £180,000 excluding VAT, is scheduled to commence on 3rd March 2026 and will span until 2nd March 2027, with possibilities for renewal up to nine years in 36-month increments. This process falls under the category of financial services, specifically targeting financial market regulatory services. Key dates include the contract signing on 2nd March 2026, with the process reaching the award stage by 31st March 2026.

This tender presents substantial opportunities for businesses experienced in financial regulatory services, particularly those specialising in iXBRL tagging and compliance. The contract requires expertise in applying XBRL tags to statutory accounts, liaising with tax advisors, and delivering HMRC-compliant files, making it an attractive prospect for companies able to meet these stringent requirements. Businesses with a proven track record in technical compliance, responsiveness, and on-site collaboration would benefit immensely from engaging in this project. Moreover, the presence of a named client relationship manager and demand for timely delivery highlight prospects for firms adept at fostering robust client relations and clearly communicating technical information. This could catalyse business growth, especially for SMEs aiming to expand their service offerings in the compliance and financial services sector.

## Notice

The Development Bank of Wales issued a UK 4 and UK 6 notice alerting the market that we were undertaken a procurement activity and awarded a contracts for iXBRL tagging of financial statements via an open procedure in line with the procurement act 2023. The evaluation has now concluded and we intend to award the contract. The Development Bank of Wales are looking to procure an external provider to perform XBRL (iXBRL) tagging of the company's statutory financial statements in compliance with HMRC regulations for Corporation Tax submissions. Introduction This document sets out the requirements for procuring an external provider to perform XBRL (iXBRL) tagging of the company's statutory financial statements in compliance with HMRC regulations for Corporation Tax submissions. Objectives Ensure statutory accounts are accurately tagged using HMRC-approved taxonomies. Facilitate automated processing and submission of Corporation Tax returns. Scope of Work The external provider will: Apply XBRL tags to the final audited and signed statutory accounts (30 in FY25 but this number is not fixed, and we reserve the right to change).Use the appropriate HMRC-approved taxonomy (IFRS).Validate the tagged accounts against HMRC standards. Deliver a fully compliant iXBRL file for submission with the CT600 returns. Directly liaise with tax advisors to facilitate submission of the CT600 returns Deliverables Tagged iXBRL file of statutory accounts. Validation report confirming compliance. Mapping documentation for reference. Timing Work will be carried out in Q4 of the financial year, after: Audit completion and sign-off. requirements. IFRS taxonomy Validation using HMRC Gateway or approved software. Provider Requirements Demonstrated experience in XBRL tagging for UK statutory accounts. Use of HMRC-recognized software tools. Ability to meet deadlines and provide responsive support. Provide a named client relationship manager Demonstrated experience of liaising with third party tax advisors On-site attendance as required by DBW Quality Assurance Internal review of tagged accounts before submission. Provider to make corrections promptly if required.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/030018-2026 |
| Notice type | UK7 - Contract Details Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 31 Mar 2026 |
| Submission deadline | 10 Feb 2026 |
| Future notice date | Not specified |
| Award date | 12 Feb 2026 |
| Contract period | 3 Mar 2026 - 2 Mar 2027 |
| Recurrence | 2035-11-06 |

## Values

| Field | Value |
| --- | --- |
| Tender value | £105,000 |
| Lots value | £105,000 |
| Awards value | £100,000 |
| Contracts value | £180,000 |

## 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 | AZETS HOLDINGS |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66152000 - Financial market regulatory services

## Release History

- 31 Mar 2026 at 16:22 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/030018-2026
- 18 Feb 2026 at 15:37 - Award - UK6 - Contract Award Notice - https://www.find-tender.service.gov.uk/Notice/014895-2026
- 6 Jan 2026 at 15:07 - Tender - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/000741-2026

## Documents

- https://www.find-tender.service.gov.uk/Notice/030018-2026
  31st March 2026 - Contract details notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/014895-2026
  18th February 2026 - Contract award notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/000741-2026
  6th January 2026 - Tender notice on Find a Tender
- https://etenderwales.bravosolution.co.uk/home.html
  All documentation can be located on the eTenderWales platform itt_122260

## Notice URLs

- http://www.developmentbank.wales
- https://etenderwales.bravosolution.co.uk./home.html
- 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-06003a. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-06003a.json.