---
title: "Identifying and Assessing Options for Meeting Wales' Economic and Fiscal Evidence Needs"
ocid: "ocds-h6vhtk-064eb9"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-064eb9"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-064eb9.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-064eb9.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "LLYWODRAETH CYMRU / WELSH GOVERNMENT"
published: "2026-02-12"
---

# Identifying and Assessing Options for Meeting Wales' Economic and Fiscal Evidence Needs

Buyer: LLYWODRAETH CYMRU / WELSH GOVERNMENT  
Current stage: Award  
OCID: ocds-h6vhtk-064eb9

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-064eb9.json)

## Summary

The procurement process initiated by the Welsh Government has reached the Award stage, concerning a contract titled "Identifying and Assessing Options for Meeting Wales’ Economic and Fiscal Evidence Needs". This project falls under the services category, specifically market and economic research, with Wavehill Limited being the awarded supplier. Located in Cardiff, the buying organisation is part of the central government fulfilling Welsh devolved regulation requirements. The formal contract was signed on 10th February 2026, commencing on 16th February 2026 and running until mid-September, including a potential renewal for a three-month extension. The limited procurement method was applied, suitable for below-threshold projects. The project aims to deliver a report by evaluating economic and fiscal data gaps in areas pertinent to Wales.

This contract presents opportunities for businesses specialising in economic, market research, and data analysis services, particularly those focusing on devolved governmental interests. Small and medium enterprises (SMEs) with expertise in mixed-methods research can leverage this to engage with government-driven projects and enhance their portfolio in public sector work. The contract scope allows suppliers to contribute significantly towards shaping fiscal policies and economic data strategies in Wales, potentially offering sustained business development through public authority partnerships. Business entities skilled in these domains should consider similar opportunities for growth, given the structured procurement and research project demands highlighted in this tender.

## Notice

Mixed-methods research project to answer the following research questions: 1. What are the gaps in economic and fiscal data and analysis in Wales, particularly on areas of devolved interest, that are currently not being delivered by existing functions? 2. What are the options for filling these gaps? Could this be done through existing functions, or would it be preferable to set up a new body? The output will be a report answering these questions.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/012760-2026 |
| Notice type | UK7 - Contract Details Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Limited |
| Procurement method details | Below threshold - limited competition |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 12 Feb 2026 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 10 Feb 2026 |
| Contract period | 16 Feb 2026 - 15 Jun 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £36,850 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | LLYWODRAETH CYMRU / WELSH GOVERNMENT |
| Locality | CARDIFF |
| Post town | Cardiff |
| Postcode | CF10 3NQ |
| 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 | Cathays |
| Westminster constituency | Cardiff South and Penarth |
| Delivery location | Not specified |

## Supplier

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

## CPV Codes

### Divisions

- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 79300000 - Market and economic research; polling and statistics

## Release History

- 12 Feb 2026 at 11:03 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/012760-2026

## Documents

- https://www.find-tender.service.gov.uk/Notice/012760-2026
  12th February 2026 - Contract details notice on Find a Tender

## Notice URLs

- http://gov.wales
- 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-064eb9. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-064eb9.json.