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
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 an Online Training Tool
Reference number: DBW00098.00
II.1.2) Main CPV code
72222300
II.1.3) Type of contract
Services
II.1.4) Short description
The Development Bank of Wales is looking to procure an online training tool to embed compliance knowledge across the organisation.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
147 857.85
GBP
II.2) Description
II.2.2) Additional CPV code(s)
48517000
II.2.3) Place of performance
NUTS code:
UK
II.2.4) Description of the procurement
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.
II.2.5) Award criteria
Quality criterion: Project Team and Relevant Experience
/ Weighting: 15
Quality criterion: Delivery of Services - Mandatory IT Requirements
/ Weighting: 15
Quality criterion: Functional Requirements
/ Weighting: 20
Quality criterion: Specific Management Information and Reporting
/ Weighting: 10
Quality criterion: Implementation and Delivery
/ Weighting: 10
Quality criterion: Training
/ Weighting: 10
Price
/ Weighting:
20
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 000-031238
Section V: Award of contract
Contract No: DBW00098.00
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
20/01/2025
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:
No
V.2.3) Name and address of the contractor
Elephants Don't Forget Ltd
1 Dysart Street
London
EC2A2BX
IE
Telephone: +44 7714518665
NUTS: IE061
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:
: 147 857.85
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.3) Additional information
(WA Ref:147557)
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
22/01/2025