Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
Development Bank of Wales
Development Bank of Wales plc, Unit J, Yale Business Village, Ellis Way
Wrexham
LL13 7Y
UK
Contact person: Leanne Millard
Telephone: +44 2920338100
E-mail: leanne.millard@developmentbank.wales
Fax: +44 2920338101
NUTS: UK
Internet address(es)
Main address: http://developmentbank.wales
Address of the buyer profile: https://www.sell2wales.gov.wales/search/Search_AuthProfile.aspx?ID=AA0555
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Other: Finance
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Property Legal Services
Reference number: DBW00088.00
II.1.2) Main CPV code
79100000
II.1.3) Type of contract
Services
II.1.4) Short description
DBW are looking for suppliers to undertake Property legal services
II.1.6) Information about lots
This contract is divided into lots:
Yes
II.1.7) Total value of the procurement
Value excluding VAT:
500 000.00
GBP
II.2) Description
Lot No: 1
II.2.1) Title
Lot 1a loan sizes up to 250k
II.2.2) Additional CPV code(s)
79100000
79111000
II.2.3) Place of performance
NUTS code:
UK
II.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
II.2.5) Award criteria
Quality criterion: Technical Evaluation
/ Weighting: 50
Price
/ Weighting:
50
II.2.11) Information about options
Options:
No
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Lot No: 2
II.2.1) Title
Lot 1b Loan value between 250k to 1m
II.2.2) Additional CPV code(s)
79100000
79111000
II.2.3) Place of performance
NUTS code:
UK
II.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)
II.2.5) Award criteria
Quality criterion: Technical Evaluation
/ Weighting: 50
Price
/ Weighting:
50
II.2.11) Information about options
Options:
No
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Lot No: 3
II.2.1) Title
Lot 1c loan size over 1m
II.2.2) Additional CPV code(s)
79100000
79111000
II.2.3) Place of performance
NUTS code:
UK
II.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
II.2.5) Award criteria
Quality criterion: Technical Evaluation
/ Weighting: 50
Price
/ Weighting:
50
II.2.11) Information about options
Options:
No
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Open procedure
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
No
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2024/S 000-029371
Section V: Award of contract
Lot No: 1
Title: Lot 1a loan sizes up to 250k
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
03/12/2024
V.2.2) Information about tenders
Number of tenders received: 4
Number of tenders received from SMEs: 4
Number of tenders received from tenderers from EU Member States: 0
Number of tenders received from tenderers from non-EU Member States: 0
Number of tenders received by electronic means: 4
The contract has been awarded to a group of economic operators:
Yes
V.2.3) Name and address of the contractor
JCP Solicitors
Venture Court, valley Way
Swansea
SA68QP
UK
Telephone: +44 1792529620
NUTS: UKL
The contractor is an SME:
Yes
V.2.3) Name and address of the contractor
JNP LEGAL LIMITED
15 Glebeland Street
Merthyr Tydfil
CF478AU
UK
Telephone: +44 1685350421
NUTS: UK
The contractor is an SME:
Yes
V.2.3) Name and address of the contractor
AGRI ADVISOR LEGAL LLP
Llys y Llan, Pumpsaint
Llanwrda
SA198AX
UK
Telephone: +44 1558650381
NUTS: UKZ
The contractor is an SME:
Yes
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 50 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 2
Title: Lot 1b Loan value between 250k to 1m
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
03/12/2024
V.2.2) Information about tenders
Number of tenders received: 12
Number of tenders received from SMEs: 5
Number of tenders received from tenderers from EU Member States: 0
Number of tenders received from tenderers from non-EU Member States: 0
Number of tenders received by electronic means: 12
The contract has been awarded to a group of economic operators:
Yes
V.2.3) Name and address of the contractor
Geldards LLP
Dumfries House, Dumfries Place
Cardiff
CF103ZF
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
CAPITAL LAW LIMITED
Capital Building, Tyndall Street
Cardiff
CF104AZ
UK
Telephone: +44 7483931214
NUTS: UKL22
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Berry Smith
Haywood House
Cardiff
CF103GA
UK
NUTS: UK
The contractor is an SME:
No
V.2.3) Name and address of the contractor
HCR LEGAL LLP
5 Deansway
Worcester
WR12JG
UK
Telephone: +44 7796178459
NUTS: UKG12
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Le Gros Solicitors
22 Windsor Place, 9 Museum Place
Cardiff
CF103BY
UK
Telephone: +44 2922671301
Fax: +44 2922671302
NUTS: UKL22
The contractor is an SME:
Yes
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 500 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Lot No: 3
Title: Lot 1c loan size over 1m
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
03/12/2024
V.2.2) Information about tenders
Number of tenders received: 15
Number of tenders received from SMEs: 5
Number of tenders received from tenderers from EU Member States: 0
Number of tenders received from tenderers from non-EU Member States: 0
Number of tenders received by electronic means: 15
The contract has been awarded to a group of economic operators:
Yes
V.2.3) Name and address of the contractor
Hugh James
Two Central Square
Cardiff
CF101FS
UK
Telephone: +44 2922675112
NUTS: UKL22
The contractor is an SME:
No
V.2.3) Name and address of the contractor
ACUITY LAW LIMITED
3 Assembly Square Britannia Quay, Cardiff Bay
Cardiff
CF104PL
UK
Telephone: +44 7814292177
NUTS: UKL22
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Browne Jacobson LLP
Mowbray House, Castle Meadow Road
Nottingham
NG21BJ
UK
NUTS: UKF14
The contractor is an SME:
No
V.2.3) Name and address of the contractor
CLARKE WILLMOTT LLP
5 Callaghan Square
Cardiff
CF105BT
UK
Telephone: +44 8452091316
NUTS: UKJ32
The contractor is an SME:
No
V.2.3) Name and address of the contractor
Darwin Gray LLP
Helmont House, Churchill Way
Cardiff
CF102HE
UK
NUTS: UK
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 500 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.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
(WA Ref:146566)
VI.4) Procedures for review
VI.4.1) Review body
High Court
Royal Courts of Justice, The Strand
London
WC2A 2LL
UK
Telephone: +44 2079477501
VI.5) Date of dispatch of this notice
05/12/2024