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
Help to Buy Wales - Loan Administration System
Reference number: DBW00007
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 seeking to procure a Loan Administration System for the Help to Buy-Wales scheme.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
4 926 000.00
GBP
II.2) Description
II.2.2) Additional CPV code(s)
72222300
II.2.3) Place of performance
NUTS code:
UK
II.2.4) Description of the procurement
Help to Buy (Wales) Ltd (“HtBW”) is the vehicle through which the Welsh Government provides financial assistance to enable qualifying applicants to buy a new build property on a new development, with the assistance of a shared equity loan.
Further information relating to the specification for the Loan Administration System can be found in the Qualification Guidance document.
II.2.5) Award criteria
Quality criterion: Technical Delivery Principles
/ Weighting: 1
Quality criterion: User Accessibility
/ Weighting: 3
Quality criterion: Volumetrics
/ Weighting: 0.5
Quality criterion: Paperless Processing & Card Payment Functionality
/ Weighting: 3.5
Quality criterion: Shared Equity Loan Drawdown
/ Weighting: 5
Quality criterion: Loan Setup
/ Weighting: 2
Quality criterion: Collections
/ Weighting: 5
Quality criterion: Arrears
/ Weighting: 5
Quality criterion: Loan Redemptions
/ Weighting: 4
Quality criterion: Repossessions & Write Offs
/ Weighting: 2
Quality criterion: Financial Monthly Processing & General Ledger Extracts
/ Weighting: 4
Quality criterion: Bank Statement Integration & Reconciliation
/ Weighting: 1
Quality criterion: Account Servicing
/ Weighting: 5
Quality criterion: Workflows & Queues
/ Weighting: 3
Quality criterion: Data Quality
/ Weighting: 3.5
Quality criterion: Document Generation & Customer Communication
/ Weighting: 5
Quality criterion: Reporting
/ Weighting: 5
Quality criterion: Future configuration
/ Weighting: 2
Quality criterion: Migration
/ Weighting: 2.25
Quality criterion: Project Delivery
/ Weighting: 2.25
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
II.2.14) Additional information
Further quality weightings as lack of space at in the weighting section:
Training 2.25%
Service Management - 3.75%
Well being of future generations 10%
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:
2022/S 000-024051
Section V: Award of contract
Contract No: DBW00007
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
18/09/2023
V.2.2) Information about tenders
Number of tenders received: 1
Number of tenders received from SMEs: 0
Number of tenders received from tenderers from EU Member States: 1
Number of tenders received from tenderers from non-EU Member States: 0
Number of tenders received by electronic means: 1
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:
: 4 926 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.3) Additional information
(WA Ref:136253)
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
08/11/2023