Section one: Contracting authority
one.1) Name and addresses
Development Bank of Wales
Development Bank of Wales plc, Unit J, Yale Business Village, Ellis Way
Wrexham
LL13 7Y
Contact
Leanne Millard
leanne.millard@developmentbank.wales
Telephone
+44 2920338100
Fax
+44 2920338101
Country
United Kingdom
NUTS code
UK - United Kingdom
Internet address(es)
Main address
Buyer's address
https://www.sell2wales.gov.wales/search/Search_AuthProfile.aspx?ID=AA0555
one.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge, at
https://etenderwales.bravosolution.co.uk/
Additional information can be obtained from the above-mentioned address
Tenders or requests to participate must be submitted electronically via
https://etenderwales.bravosolution.co.uk/
one.4) Type of the contracting authority
Body governed by public law
one.5) Main activity
Other activity
Finance
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Property Legal Services
Reference number
DBW00088.00
two.1.2) Main CPV code
- 79100000 - Legal services
two.1.3) Type of contract
Services
two.1.4) Short description
DBW are looking for suppliers to undertake Property legal services
two.1.5) Estimated total value
Value excluding VAT: £5,000,000
two.1.6) Information about lots
This contract is divided into lots: Yes
Tenders may be submitted for maximum number of lots
3
two.2) Description
two.2.1) Title
Lot 1a loan sizes up to 250k
Lot No
1
two.2.2) Additional CPV code(s)
- 79100000 - Legal services
- 79111000 - Legal advisory services
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
two.2.4) Description of the procurement
This lot is for loan services up to a value of GBP250,000. Suppliers will be required to provide
Certificate of title (template)
Review valuation report
carry out pre-completion searched
Deal with completion monies
draft and register charge (template) at Companies House and HMLR
two.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start date
26 November 2024
End date
25 November 2026
This contract is subject to renewal
Yes
Description of renewals
this contract will be extended for a further 8 years in 24 month increments
two.2.10) Information about variants
Variants will be accepted: No
two.2.11) Information about options
Options: No
two.2.13) Information about European Union Funds
The procurement is related to a project and/or programme financed by European Union funds: No
two.2) Description
two.2.1) Title
Lot 1b Loan value between 250k to 1m
Lot No
2
two.2.2) Additional CPV code(s)
- 79100000 - Legal services
- 79111000 - Legal advisory services
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
two.2.4) Description of the procurement
loan sizes of GBP250k to GBP1m (commercial) or GBP1.5m (residential)
services will include
Certificate of title (template)
Review valuation report
carry out pre-completion searches
deal with completion searches
deal with completion monies
draft and register charge (template) at Companies House and HMLR
Review and build contract and associated collateral warranty (template)
two.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start date
26 November 2024
End date
25 November 2026
This contract is subject to renewal
Yes
Description of renewals
option to extend for 8 years in 24 month increments
two.2.10) Information about variants
Variants will be accepted: No
two.2.11) Information about options
Options: No
two.2.13) Information about European Union Funds
The procurement is related to a project and/or programme financed by European Union funds: No
two.2) Description
two.2.1) Title
Lot 1c loan size over 1m
Lot No
3
two.2.2) Additional CPV code(s)
- 79100000 - Legal services
- 79111000 - Legal advisory services
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
two.2.4) Description of the procurement
Services required
Certificate of title (template) including review of planning permission
Review valuation report
carry out pre-completion searches
deal with completion searches
deal with completion monies
draft and register charge (template) at Companies House and HMLR
Review of build contract and associated collateral warranty (template)
review appointments and Collateral Warranties (template) for contractors and consultants
two.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Start date
26 November 2024
End date
25 November 2026
This contract is subject to renewal
Yes
Description of renewals
option to extend for 8 years in 24 month increments
two.2.10) Information about variants
Variants will be accepted: No
two.2.11) Information about options
Options: No
two.2.13) Information about European Union Funds
The procurement is related to a project and/or programme financed by European Union funds: No
Section three. Legal, economic, financial and technical information
three.1) Conditions for participation
three.1.2) Economic and financial standing
Selection criteria as stated in the procurement documents
three.1.3) Technical and professional ability
Selection criteria as stated in the procurement documents
three.2) Conditions related to the contract
three.2.2) Contract performance conditions
KPIs have been included in the tender documents
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Open procedure
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: No
four.2) Administrative information
four.2.2) Time limit for receipt of tenders or requests to participate
Date
14 October 2024
Local time
12:00pm
four.2.4) Languages in which tenders or requests to participate may be submitted
English
four.2.7) Conditions for opening of tenders
Date
14 October 2024
Local time
12:00pm
Section six. Complementary information
six.1) Information about recurrence
This is a recurrent procurement: Yes
Estimated timing for further notices to be published: 2034
six.2) Information about electronic workflows
Electronic ordering will be used
Electronic invoicing will be accepted
Electronic payment will be used
six.3) Additional information
DBW is a wholly owned subsidiary of the Welsh Government. Launched in 2017, DBW’s purpose is to mobilise economic development in the Welsh market. As a cornerstone of the Welsh Government’s organisation for delivery of financial instruments, DBW’s mission is to unlock potential in the economy of Wales by increasing the provision of sustainable, effective finance. Up to 31st March 2024, DBW has directly invested GBP778m into the Welsh economy and leveraged GBP531m from private sector investments. DBW has supported 3938 businesses, supported 41,700 jobs with a total impact of GBP1.66bn on the Welsh economy.
Suppliers may bid for more than one Lot; however, it is important that Suppliers understand we are looking to appoint firms whose size is commensurate with the loan sizes under the respective Lots.
It is DBW’s intention to award each successful Supplier appointments to no more than one Lot. DBW shall only award multiple appointments to the same Supplier if there are no other Suppliers meeting the minimum quality threshold score for that Lot.
The following number of instructions per annum are expected (please note these figures are indicative):
1a - 30 on a rota basis
1b - 25 via quotes or direct award
1c - 15 via quotes or direct award
DBW will appoint a maximum number of Suppliers per Lot as follows:
1a - 3 on a rota basis
1b - 5 via quotes or direct award
1c - 5 via quotes or direct award
NOTE: The authority is using eTenderwales to carry out this procurement process. To obtain further information record your interest on Sell2Wales at https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=144533
Under the terms of this contract the successful supplier(s) will be required to deliver Community Benefits in support of the authority’s economic and social objectives. Accordingly, contract performance conditions may relate in particular to social and environmental considerations. The Community Benefits included in this contract are:
Please refer to the tender documentation
(WA Ref:144533)
The buyer considers that this contract is suitable for consortia.
six.4) Procedures for review
six.4.1) Review body
High Court
Royal Courts of Justice, The Strand
London
WC2A 2LL
Telephone
+44 2079477501
Country
United Kingdom