Contract

The Provision of a Risk Management System

  • Development Bank of Wales

F03: Contract award notice

Notice identifier: 2024/S 000-038995

Procurement identifier (OCID): ocds-h6vhtk-04865e

Published 4 December 2024, 9:41am



Section one: Contracting authority

one.1) Name and addresses

Development Bank of Wales

1 Capital Quarter Tyndall Street

Cardiff

CF10 4BZ

Email

procurement@developmentbank.wales

Telephone

+44 2920338100

Fax

+44 2920338101

Country

United Kingdom

NUTS code

UKL - Wales

Internet address(es)

Main address

https://www.developmentbank.wales

Buyer's address

https://www.sell2wales.gov.wales/search/Search_AuthProfile.aspx?ID=AA0555

one.2) Information about joint procurement

The contract is awarded by a central purchasing body

one.4) Type of the contracting authority

Body governed by public law

one.5) Main activity

Economic and financial affairs


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

The Provision of a Risk Management System

Reference number

DBW00043.00

two.1.2) Main CPV code

  • 72222300 - Information technology services

two.1.3) Type of contract

Services

two.1.4) Short description

DBW is looking for an off the shelf Enterprise Risk Management solution that supports the full lifecycle of risk management from identification of risks and controls to self-assessment, second line testing and following up on actions.

two.1.6) Information about lots

This contract is divided into lots: No

two.1.7) Total value of the procurement (excluding VAT)

Value excluding VAT: £291,147

two.2) Description

two.2.2) Additional CPV code(s)

  • 48000000 - Software package and information systems
  • 48100000 - Industry specific software package

two.2.3) Place of performance

NUTS codes
  • UKL - Wales

two.2.4) Description of the procurement

2.2 DBW’s current risk management software contract expires in February 2025. DBW is looking for an off the shelf Enterprise Risk Management solution that supports the full lifecycle of risk management from identification of risks and controls to self-assessment, second line testing and following up on actions. The solution must be able to take into consideration DBW’s risks and controls, accommodate a growing number of business units each with their own dedicated risk and control registers, as well as a place to document risk events that may occur in the course of business.

Further information can be obtained from the Invitation to Tender.

two.2.5) Award criteria

Quality criterion - Name: Functional Requirements / Weighting: 15

Quality criterion - Name: Reporting / Weighting: 5

Quality criterion - Name: User Accessibility and Experience / Weighting: 5

Quality criterion - Name: Future Configuration / Weighting: 5

Quality criterion - Name: Implementation and Delivery / Weighting: 10

Quality criterion - Name: Training / Weighting: 2.5

Quality criterion - Name: Service Management and Support / Weighting: 10

Quality criterion - Name: Optional Functional Requirements, added value and innovation / Weighting: 2.5

Quality criterion - Name: Service Levels and Key Performance Indicators / Weighting: 5

Price - Weighting: 40

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 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: Yes

four.2) Administrative information

four.2.1) Previous publication concerning this procedure

Notice number: 2024/S 000-023971


Section five. Award of contract

Contract No

DBW00043

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

3 December 1987

five.2.2) Information about tenders

Number of tenders received: 19

Number of tenders received from SMEs: 13

Number of tenders received from tenderers from other EU Member States: 19

Number of tenders received from tenderers from non-EU Member States: 0

Number of tenders received by electronic means: 19

The contract has been awarded to a group of economic operators: No

five.2.3) Name and address of the contractor

Corporate Governance Risk

1 Toomers Wharf, Canal Walk

Newbury

RG141DY

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

Yes

five.2.4) Information on value of contract/lot (excluding VAT)

Initial estimated total value of the contract/lot: £300,000

Total value of the contract/lot: £291,147


Section six. Complementary information

six.3) Additional information

(WA Ref:146508)

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