Contract notice
Section I: Contracting
authority
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.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 abovementioned address
Tenders or requests to participate must be sent electronically to:
https://etenderwales.bravosolution.co.uk/web/login.shtml
Electronic communication requires the use of tools and devices that are not generally available. Unrestricted and full direct access to these tools and devices is possible, free of charge, at:
https://etenderwales.bravosolution.co.uk/web/login.shtml
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.1.5) Estimated total value
Value excluding VAT:
300 000.00
GBP
II.1.6) Information about lots
This contract is divided into lots:
No
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
Criteria below:
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.2.6) Estimated value
Value excluding VAT:
300 000.00
GBP
II.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 36
This contract is subject to renewal: Yes
Description of renewals:
DBW has the option to extend the contract for two further periods of 36 months each.
II.2.9) Information about the limits on the number of candidates to be invited
II.2.10) Information about variants
Variants will be accepted:
No
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 III: Legal, economic, financial and technical information
III.1) Conditions for participation
III.1.2) Economic and financial standing
Selection criteria as stated in the procurement documents
III.1.3) Technical and professional ability
Selection criteria as stated in the procurement documents
III.2) Conditions related to the contract
III.2.3) Information about staff responsible for the performance of the contract
Obligation to indicate the names and professional qualifications of the staff assigned to performing the contract
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.2.2) Time limit for receipt of tenders or requests to participate
Date:
06/09/2024
Local time: 12:00
IV.2.4) Languages in which tenders or requests to participate may be submitted
EN
CY
IV.2.6) Minimum time frame during which the tenderer must maintain the tender
Duration in months: 3 (from the date stated for receipt of tender)
IV.2.7) Conditions for opening of tenders
Date:
06/09/2024
Local time: 12:00
Section VI: Complementary information
VI.1) Information about recurrence
This is a recurrent procurement:
No
VI.3) Additional information
NOTE: The authority is using eTenderwales to carry out this procurement process. To obtain further information record your interest on Sell2Wales at http://www.sell2wales.gov.wales/search/search_switch.aspx?ID=143431
(WA Ref:143431)
The buyer considers that this contract is suitable for consortia.
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
31/07/2024