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Speculative Notice

Meet the Buyer Event - Legal panel for property based investments

  • First published: 12 June 2024
  • Last modified: 12 June 2024

Contents

Summary

OCID:
ocds-kuma6s-142167
Published by:
Development Bank of Wales
Authority ID:
AA0555
Publication date:
12 June 2024
Deadline date:
-
Notice type:
Speculative Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
No

Abstract

Please note this notice is to highlight DBWs requirements and invite interested parties to a meet the buyer event on 28th June at their Cardiff offices 1 Capital Quarter – Floor 7, Tyndall Street, Cardiff, CF10 4BZ – Cardiff – Dev Bank (developmentbank.wales) Lots 1b & 1C 9:30am, Friday 28 June The session covering Lots 1b and 1c (which both involve commercial borrowers and development-specific legal expertise) will be held from 9:30am to 11am Lot 1a 2:30pm, Friday 28 June The session covering Lot 1a (which involves individual borrowers and no development-specific legal expertise) will be held from 2:30pm to 4pm Suppliers are required to book a space using: Lot 1b + 1c use https://www.eventbrite.co.uk/e/dbw-property-legal-panel-event-tickets-922887931647 for lot 1a use https://www.eventbrite.co.uk/e/dbw-property-legal-panel-event-tickets-922931511997 Due to capacity constraints DBW can only accommodate 1 person from each firm. If spaces become available DBW will make contact with suppliers. DBW are working in collaboration with Legal News Wales who are supporting DBW and liaising with local suppliers who may benefit from further support when tendering. Please use the website legalnewswales.com for further information or contact Emma Waddingham Editor via email at editor@legalnews.wales.com

Full notice text

Speculative Notice – NATIONAL

SERVICES

1 Authority Details

1.1

Authority Name and Address


Development Bank of Wales

Procurement, Development Bank of Wales plc, Unit J, Yale Business Village, Ellis Way,

Wrexham

LL13 7Y

UK

leanne millard

+44 2920338100

procurement@developmentbank.wales

+44 2920338101
http://www.developmentbank.wales

1.2

Address from which further information may be obtained


Development Bank of Wales

Procurement, 1 Capital Quarter, Tyndall Street,

cardiff

CF10 4BZ

UK

Leanne Millard

+44 2920801715

procurement@developmentbank.wales

+44 2920338101
http://www.developmentbank.wales

2 Contract Details

2.1

Title

Meet the Buyer Event - Legal panel for property based investments

2.2

Description of the goods or services required

Please note this notice is to highlight DBWs requirements and invite interested parties to a meet the buyer event on 28th June at their Cardiff offices 1 Capital Quarter – Floor 7, Tyndall Street, Cardiff, CF10 4BZ – Cardiff – Dev Bank (developmentbank.wales)

Lots 1b & 1C

9:30am, Friday 28 June

The session covering Lots 1b and 1c (which both involve commercial borrowers and development-specific legal expertise) will be held from 9:30am to 11am

Lot 1a

2:30pm, Friday 28 June

The session covering Lot 1a (which involves individual borrowers and no development-specific legal expertise) will be held from 2:30pm to 4pm

Suppliers are required to book a space using:

Lot 1b + 1c use

https://www.eventbrite.co.uk/e/dbw-property-legal-panel-event-tickets-922887931647

for lot 1a use

https://www.eventbrite.co.uk/e/dbw-property-legal-panel-event-tickets-922931511997

Due to capacity constraints DBW can only accommodate 1 person from each firm. If spaces become available DBW will make contact with suppliers.

DBW are working in collaboration with Legal News Wales who are supporting DBW and liaising with local suppliers who may benefit from further support when tendering.

Please use the website legalnewswales.com for further information or contact Emma Waddingham Editor via email at editor@legalnews.wales.com

NOTE: To register your interest in this notice and obtain any additional information please visit the Sell2Wales Web Site at https://www.sell2wales.gov.wales/Search/Search_Switch.aspx?ID=142167.

2.3

Notice Coding and Classification

79100000 Legal services
100 UK - All
1000 WALES
1010 West Wales and The Valleys
1011 Isle of Anglesey
1012 Gwynedd
1013 Conwy and Denbighshire
1014 South West Wales (Carmarthenshire, Pembrokeshire, Ceredigion)
1015 Central Valleys (Merthyr Tydfil, Rhondda Cynon Taf)
1016 Gwent Valleys (Torfaen, Blaenau Gwent, Caerphilly)
1017 Bridgend and Neath Port Talbot
1018 Swansea
1020 East Wales
1021 Monmouthshire and Newport
1022 Cardiff and Vale of Glamorgan
1023 Flintshire and Wrexham
1024 Powys

3 Administrative Information

3.1

Reference number attributed to the notice by the contracting authority

DBW00088.00

3.2

Estimated Start of the Award Procedure

 31-10-2024

4 Other Information

4.1

Additional Information

DBW are looking to split the panel into 3 separate lots:

Lot 1A - looking to appoint 3 suppliers to this lot. Please note we are targeting smaller organisations for this lot, looking at firms that maybe new to the property based investments services, firms that are new to tendering for Public Sector .

This lot will focus on loans up to the value of £250k with the expectation of circa 30 instructions per annum.

Works include:

Certificate of title (template)

Review valuation reports

Carry put pre-completion searches

Deal with completion monies

Draft and register charge (template) at HMLR, obtain consents from priority charge holder.

Lot 1B - Looking to appoint 5 firms. Loans sizes over £250k and up to £1m for commercial developments or £1.5m for residential developments.

Works include:

Certificate of title (template) including review of planning permission

Review valuation reports

Carry put pre-completion searches

Deal with completion monies

Draft and register charge (template) at HMLR

Review of build contract and associated collateral warranty (template)

Lot 1C - looking to appoint 5 firms. Loans sizes of over £1m for commercial development of £1.5m for residential developments.

Works include:

Certificate of title (template) including review of planning permission

Review valuation reports

Carry put pre-completion searches

Deal with completion monies

Draft and register charge (template) at HMLR

Review of build contract and associated collateral warranty (template)

Review appointment and Collateral Warranties (template) for contractors and consultants

(WA Ref:142167)

4.2

Download Additional Documentation

N/a

4.3

Publication date of this notice

 12-06-2024

Coding

Commodity categories

ID Title Parent category
79100000 Legal services Business services: law, marketing, consulting, recruitment, printing and security

Delivery locations

ID Description
1017 Bridgend and Neath Port Talbot
1022 Cardiff and Vale of Glamorgan
1015 Central Valleys (Merthyr Tydfil, Rhondda Cynon Taf)
1013 Conwy and Denbighshire
1020 East Wales
1023 Flintshire and Wrexham
1016 Gwent Valleys (Torfaen, Blaenau Gwent, Caerphilly)
1012 Gwynedd
1011 Isle of Anglesey
1021 Monmouthshire and Newport
1024 Powys
1014 South West Wales (Carmarthenshire, Pembrokeshire, Ceredigion)
1018 Swansea
100 UK - All
1000 WALES
1010 West Wales and The Valleys

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
procurement@developmentbank.wales
Admin contact:
procurement@developmentbank.wales
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

0800 222 9004

Lines are open 8:30am to 5pm Monday to Friday.

Rydym yn croesawu galwadau'n Gymraeg.

We welcome calls in Welsh.