---
title: "The Provision of an Online Training Tool"
ocid: "ocds-kuma6s-144914"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-kuma6s-144914"
markdown_url: "https://d3tenders.com/contract/ocds-kuma6s-144914.md"
json_url: "https://d3tenders.com/contract/ocds-kuma6s-144914.json"
source: "Sell2Wales"
current_stage: "Award"
buyer: "DEVELOPMENT BANK OF WALES"
published: "2025-01-22"
---

# The Provision of an Online Training Tool

Buyer: DEVELOPMENT BANK OF WALES  
Current stage: Award  
OCID: ocds-kuma6s-144914

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## Summary

The Development Bank of Wales, headquartered in Wrexham, has awarded a contract for the provision of an online training tool aimed at embedding compliance knowledge across the organisation. This procurement process, falling under the economic affairs category, has recently entered the award stage, with the contract signed on 20 January 2025. The awarded contract is valued at £147,857.85 GBP and has been granted to Elephants Don’t Forget Ltd, based in London. The procurement was conducted through an open procedure, which started with the tender stage active from 30 September 2024 and included electronic submissions until the bid opening on 1 November 2024.

This tender provides significant opportunities for businesses specialising in online training tools, particularly firms with expertise in creating innovative compliance training solutions. SMEs, like the awarded supplier Elephants Don’t Forget Ltd, with a strong track record in financial services compliance training, are well-suited to compete in such tenders. This procurement not only highlights the need for continuous professional development within the financial sector but also offers potential growth opportunities for suppliers who can deliver high-quality, technology-driven training solutions aligned with regulatory standards.

## Notice

The Development Bank of Wales is looking to procure an online training tool to embed compliance knowledge across the organisation.

### Lot Information

Lot 1

The key objective of this procurement is to procure an effective online tool to embed compliance knowledge across the organisation. As DBW operates in the financial services sector, it is vital that all employees are fully trained and can demonstrate competence in several key compliance areas. This is important for us reputationally and is required by the FCA and our auditors. It is therefore imperative that DBW continues to embrace industry best practice and technology that enables, encourages and facilitates staff to constantly learn and retain the compliance knowledge that will ensure that individuals and the organisation as a whole operate to a high level of compliance. Further information can be obtained from the Invitation to Tender.

Renewal: DBW has the option to extend the contract for a further 3 periods of 12 months each.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Sell2Wales |
| Latest notice | https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=144914 |
| Notice type | OJEU - F3 - Contract Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 22 Jan 2025 |
| Submission deadline | 1 Nov 2024 |
| Future notice date | Not specified |
| Award date | 20 Jan 2025 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £145,000 |
| Lots value | £145,000 |
| Awards value | Not specified |
| Contracts value | £147,857 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | DEVELOPMENT BANK OF WALES |
| Locality | WREXHAM |
| Post town | Cardiff |
| Postcode | LL1 37Y |
| 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 | ELEPHANTS DON'T FORGET |

## CPV Codes

### Divisions

- 48 - Software package and information systems
- 72 - IT services: consulting, software development, Internet and support

### Codes

- 48517000 - IT software package
- 72222300 - Information technology services

## Release History

- 22 Jan 2025 at 00:00 - Award - OJEU - F3 - Contract Award Notice - https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=144914
- 30 Sep 2024 at 00:00 - Tender - OJEU - F2 - Contract Notice - https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=144914

## Documents

- https://www.sell2wales.gov.wales/search/show/search_view.aspx?ID=SEP491565
  The Provision of an Online Training Tool - The Development Bank of Wales is looking to procure an online training tool to embed compliance knowledge across the organisation.
- https://www.sell2wales.gov.wales/search/show/search_view.aspx?ID=JAN497244
  The Provision of an Online Training Tool - The Development Bank of Wales is looking to procure an online training tool to embed compliance knowledge across the organisation.

## Notice URLs

- https://api.sell2wales.gov.wales/v1?lang=cy/Notice?id=ocds-kuma6s-144914
- https://etenderwales.bravosolution.co.uk
- https://etenderwales.bravosolution.co.uk/web/login.shtml
- https://fwcapital.co.uk
- https://www.developmentbank.wales

## 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-kuma6s-144914. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-kuma6s-144914.json.