---
title: "The Provision of Credit Referencing Services"
ocid: "ocds-h6vhtk-060349"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-060349"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-060349.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-060349.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "DEVELOPMENT BANK OF WALES"
published: "2026-03-30"
---

# The Provision of Credit Referencing Services

Buyer: DEVELOPMENT BANK OF WALES  
Current stage: Award  
OCID: ocds-h6vhtk-060349

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-060349)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-060349.json)

## Summary

The Development Bank of Wales has completed the procurement process for the provision of credit referencing services, with successful evaluation leading to the intended award of the contract. This project, aimed at enhancing operational efficiencies and improving data accuracy, involves consolidating two systems currently in use within the DBW Group. Operating under an open procedure, the procurement started with a tender notice in January 2026, and the subsequent award process has been concluded in March 2026. The contract, set to begin in April 2026, will run for four years, with potential extensions available. This tender falls under the financial and insurance services industry category, primarily impacting operations within the United Kingdom.

This procurement initiative offers considerable opportunities for businesses specialising in credit referencing and data management solutions. With requirements focused on integration and scalability, businesses proficient in these areas may benefit significantly from partnering with the Development Bank of Wales. The project requires technical competence and experience within the financial services sector, particularly those offering web-based data solutions that facilitate intelligent lending decisions. Large firms, such as Experian Ltd, have demonstrated suitability for fulfilling these contract needs, though small and medium enterprises stand to benefit from future contracts announced under similar auspices.

## Notice

The Development Bank of Wales issued a UK 4 notice in January 2026 alerting the market that were undertaking a procurement activity for the provision of credit referencing services. The evaluation has now concluded and we intend to award the contract. Summary of the requirement: The Development Bank of Wales Group (DBW) is undertaking a key strategic project aimed at driving operational efficiencies, enhancing data accuracy and improving scalability throughout the customer journey. As part of this initiative, we are seeking a collaborative partner to deliver an integrated solution that streamlines our customer due diligence and credit risk assessment processes using commercial and consumer credit bureau data; eliminating manual data entry and enabling intelligent and responsible lending decisions. DBW currently operates two separate systems; one focused on identity and address verification, PEPs, Sanctions, adverse media, law enforcement and consumer monitoring, the other a credit referencing solution, providing reports on companies, consumers, directors, international business, consumer watchlist and company monitoring. This dual system approach presents an opportunity for consolidation of services. The DBW Group currently utilises a web-based service for its credit referencing solution. This is used by all companies within the DBW Group. The identity and address solution is used by DBW Investments and Green Homes Wales; this is a web-based application for sending IDV links and reviewing the outputs.

### Lot Information

Lot 1

Options: There may be a requirement that the supplier will undertake project work during the contract term. Additional services as set out in the Invitation to Tender may also be required.

Renewal: The contract will be for an initial term of four (4) years with the option for DBW to make up to two (2) extensions of three (3) years each.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/029296-2026 |
| Notice type | UK6 - Contract Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 30 Mar 2026 |
| Submission deadline | 13 Feb 2026 |
| Future notice date | Not specified |
| Award date | 29 Mar 2026 |
| Contract period | 9 Apr 2026 - 9 Apr 2030 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1,250,000 |
| Lots value | £1,250,000 |
| Awards value | £1,506,838 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Pending |
| Contracts status | Not specified |

## 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 | EXPERIAN |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 30 Mar 2026 at 15:31 - Award - UK6 - Contract Award Notice - https://www.find-tender.service.gov.uk/Notice/029296-2026
- 9 Jan 2026 at 17:33 - Tender - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/002065-2026

## Documents

- https://www.find-tender.service.gov.uk/Notice/029296-2026
  30th March 2026 - Contract award notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/002065-2026
  9th January 2026 - 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-060349. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-060349.json.