Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
Development Bank of Wales
1 Capital Quarter Tyndall Street
Cardiff
CF10 4BZ
UK
Telephone: +44 2920338100
E-mail: procurement@developmentbank.wales
Fax: +44 2920338101
NUTS: UKL
Internet address(es)
Main address: https://www.developmentbank.wales
Address of the buyer profile: https://www.sell2wales.gov.wales/search/Search_AuthProfile.aspx?ID=AA0555
I.2) Joint procurement
The contract is awarded by a central purchasing body
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Economic and financial affairs
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
The Provision of a Risk Management System
Reference number: DBW00043.00
II.1.2) Main CPV code
72222300
II.1.3) Type of contract
Services
II.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.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
291 147.00
GBP
II.2) Description
II.2.2) Additional CPV code(s)
48000000
48100000
II.2.3) Place of performance
NUTS code:
UKL
II.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.
II.2.5) Award criteria
Quality criterion: Functional Requirements
/ Weighting: 15
Quality criterion: Reporting
/ Weighting: 5
Quality criterion: User Accessibility and Experience
/ Weighting: 5
Quality criterion: Future Configuration
/ Weighting: 5
Quality criterion: Implementation and Delivery
/ Weighting: 10
Quality criterion: Training
/ Weighting: 2.5
Quality criterion: Service Management and Support
/ Weighting: 10
Quality criterion: Optional Functional Requirements, added value and innovation
/ Weighting: 2.5
Quality criterion: Service Levels and Key Performance Indicators
/ Weighting: 5
Price
/ Weighting:
40
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:
Yes
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2024/S 000-023971
Section V: Award of contract
Contract No: DBW00043
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
03/12/1987
V.2.2) Information about tenders
Number of tenders received: 19
Number of tenders received from SMEs: 13
Number of tenders received from tenderers from 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
V.2.3) Name and address of the contractor
Corporate Governance Risk
1 Toomers Wharf, Canal Walk
Newbury
RG141DY
UK
NUTS: UK
The contractor is an SME:
Yes
V.2.4) Information on value of the contract/lot (excluding VAT)
Initial estimated total value of the contract/lot:
Total value of the contract/lot:
: 291 147.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.3) Additional information
(WA Ref:146508)
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
04/12/2024