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, 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: 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 Loan Administration System to the Development Bank of Wales
II.1.2) Main CPV code
72222300
II.1.3) Type of contract
Services
II.1.4) Short description
DBW is seeking to appoint an organisation to provide loan administration services.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
2 082 000.00
GBP
II.2) Description
II.2.2) Additional CPV code(s)
48000000
48442000
48812000
48219300
II.2.3) Place of performance
NUTS code:
UK
II.2.4) Description of the procurement
DBW wishes to procure a Loan Administration System (‘LAS’) to manage its SME loan portfolio. The look and feel of the system must be modern and intuitive, and must support growth in terms of having the capability to accommodate numerous statutory entities, funds and products, as well as growth in the volume of transactions. The system will be cloud based, and should offer a consistent, high performing user experience across a geographically dispersed workforce. DBW is embarking on a digital transformation project, and the LAS must support this project, providing capability in terms of document and information exchange and integration with other systems. The chosen supplier must have a proven track record in the financial services sector, and be able to demonstrate reliability and flexibility. The supplier should also have experience of complex migration projects.
Full details regarding DBW's requirement can be obtained from the Invitation to Tender.
II.2.5) Award criteria
Quality criterion: Usability
/ Weighting: 5
Quality criterion: Functionality
/ Weighting: 50
Quality criterion: Flexibility and scalability
/ Weighting: 7.5
Quality criterion: Solution Architecture
/ Weighting: 7.5
Quality criterion: Implementation and Service Delivery
/ 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
Restricted 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:
2019/S 251-622103
Section V: Award of contract
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
25/09/2020
V.2.2) Information about tenders
Number of tenders received: 10
Number of tenders received from SMEs: 1
Number of tenders received from tenderers from EU Member States: 0
Number of tenders received from tenderers from non-EU Member States: 1
Number of tenders received by electronic means: 10
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Equiniti Group plc
Sutherland House, Russell Way
Crawley
RH101UH
UK
Telephone: +44 1293604092
NUTS: UK
The contractor is an SME:
No
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:
: 2 082 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.3) Additional information
The Invitation to Tender (ITT) documentation can be accessed via
https://etenderwales.bravosolution.co.uk.
- The first person from your Organisation to use the Platform will be required to register on behalf of the Organisation.
- Registration involves accepting a User Agreement, and providing basic information about your Organisation and about the User performing the Registration.
- The User who performs the Registration becomes the Super User for the Organisation.
- On registering on the Platform the Super User will select a username and will receive a password.
- The Password will be sent by e-mail to the e-mail address that was specified in the User Details section of the Registration page.
- In order to log-in to the Platform please enter your Username and Password.
- Note: If you forget your Password then visit the homepage and click "Forgot your password?"
- Registration should only be performed once for each Organisation.
- If you think that someone in your Organisation may have already registered on this Platform then you must not register again.
- Please contact the person who Registered (i.e. the Super User) in order to arrange access to the Platform.
- Contact the Helpdesk immediately if you are unable to contact the Super User (for example if they have left your Organisation).
HOW TO FIND THE ITT:
- Once logged in you must click on 'ITTs Open to all Suppliers'.
- The etender references for this framework are:
project_43732 The provision of a loan administration system
To access the documents and qualifification questions please see PQQ-32941.
A tender response which is compliant with the requirements of the itt must be submitted by all Tenderers:
project_43732- Click on the title to access summary details of the itt. If you are still interested in submitting a tender, click the 'Express an Interest button'.
This will move the itt from the 'Open to all Suppliers' area to the 'My itt's' on the home page.
- You will then see the full details of the itt in the qualification and technical envelopes along with any relevant documents in the 'Attachments' area.
If you have any queries regarding the requirements please message using the e-tenderwales message portal. If you are seeking help on using the etenderwales system please email the bravo solutions
helpdesk at help@bravosolution.co.uk or 0800 3684852
If you require the documentation in an alternative format, please use the 'Messages' area to contact the buyer directly, who will be able to provide a more suitable format. For example, Braille, Large Print, Word Document or Audio format.
Neither the Welsh Ministers, DBW nor any of their agents or advisors will be responsible for, or liable for, any costs and expenses incurred by organisations participating in the procurement process and responding to the itt. DBW reserves the right at any time without notice and without liability to any bidder to: (i) withdraw from and/or abandon and/or defer the procurement process; and (ii) not to award any contract as a result of the procurement process.
NOTE: The authority is using eTenderwales to carry out this procurement process. To obtain further information record your interest on Sell2Wales at https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=90464
The buyer considers that this contract is suitable for consortia.
(WA Ref:115927)
VI.4) Procedures for review
VI.4.1) Review body
DBW
Development Bank of Wales, 1 Capital Quarter, Tyndall Street
Cardiff
CF10 4BZ
UK
Internet address(es)
URL: www.developmentbank.wales
VI.5) Date of dispatch of this notice
17/11/2021