Find a TenderAwarded
Published 26 Aug 2022, 16:54 BST

Official UK procurement notice

Help to Buy Wales - Loan Administration System

Official notice

Authority: Development Bank of Wales (Central government)

ServicesRestricted procedure
Sectors: IT Services & Software (72) Delivery: UK
Published estimate£3,000,000exc. VAT
Submissions closed 30 Sept 2022awarded 18 Sept 2023
Awarded to Equiniti Group plc

What is being bought

Published requirement description

The Development Bank of Wales is seeking to procure a Loan Administration System for the Help to Buy-Wales scheme.

CPV: Information technology services

The lotProcurement structure

single lot · no lot value published
Lot #1Help to Buy (Wales) Ltd (“HtBW”) is the vehicle through which the Welsh Government…AwardedRenewal

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. 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%

Delivery: UK
Extensions: The Contract will have an initial 4 year term with options to extend, at the sole discretion of the contracting authority, for up to three additional periods of two years each.Second stage: up to 5 candidates invited to tenderVariant bids: not allowedElectronic catalogue: required

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 64Price: 20
Published sub-criteria (21)
  • Technical Delivery Principles: 1
  • User Accessibility: 3
  • Volumetrics: 0.5
  • Paperless Processing & Card Payment Functionality: 3.5
  • Shared Equity Loan Drawdown: 5
  • Loan Setup: 2
  • Collections: 5
  • Arrears: 5
  • Loan Redemptions: 4
  • Repossessions & Write Offs: 2
  • Financial Monthly Processing & General Ledger Extracts: 4
  • Bank Statement Integration & Reconciliation: 1
  • Account Servicing: 5
  • Workflows & Queues: 3
  • Data Quality: 3.5
  • Document Generation & Customer Communication: 5
  • Reporting: 5
  • Future configuration: 2
  • Migration: 2.25
  • Project Delivery: 2.25
  • price: 20
Published award criteria (21)
  • Technical Delivery Principles: 1
  • User Accessibility: 3
  • Volumetrics: 0.5
  • Paperless Processing & Card Payment Functionality: 3.5
  • Shared Equity Loan Drawdown: 5
  • Loan Setup: 2
  • Collections: 5
  • Arrears: 5
  • Loan Redemptions: 4
  • Repossessions & Write Offs: 2
  • Financial Monthly Processing & General Ledger Extracts: 4
  • Bank Statement Integration & Reconciliation: 1
  • Account Servicing: 5
  • Workflows & Queues: 3
  • Data Quality: 3.5
  • Document Generation & Customer Communication: 5
  • Reporting: 5
  • Future configuration: 2
  • Migration: 2.25
  • Project Delivery: 2.25
  • Price: 20
What this means for your bid
  • Price carries 20 of 84 points: a 10% discount moves about 2 points. The method statement decides this lot, not the discount.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record · publisher note attached
Procedure method
Restricted procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
No (one-off requirement)
First published
26 Aug 2022, 16:54 BST
Last source update
8 Nov 2023, 16:06 GMT
Authority reference
DBW00007
FTS notice number
2023/S 000-033097
Classification (CPV)
Information technology services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-0363b8 Find a Tender

Publisher note: (WA Ref:136253)

How it was run

Official notice
Run through: Jaggaer · Who buys & how to bid on Sell2Wales
Supplier login requiredLanguage: EN, CY
Access & registration note: Free; latest Chrome/Edge/Firefox only — corporate browsers fail

Tender documents are also served through a separate tool: https://etenderwales.bravosolution.co.uk ↗

Submission deadline
30 Sept 2022, 12:00 BST
Submission channel
{"electronicSubmission"}
Accepted languages
en, cy
Detailed submission instructions & authority contactsFrom official release

Timeline

30 Sept 2022 → 8 Nov 2023 · 4 dates
  1. Submission deadline
    30 Sept 2022, 12:00 BST
  2. Invitations to tender expected
    7 Oct 2022, 00:00 BST
  3. Bids must remain valid until
    7 Feb 2023, 23:59 GMT
  4. Notice published
    8 Nov 2023, 16:06 GMT

Notice history

1 event · 3 releases on Find a Tender
  1. Status changed to complete
    8 Nov 2023, 16:06 GMT
Published amendments (1)

Help to Buy Wales - Loan Administration System The project code for etenderwales has been omitted from the contract notice. After registering or accessing the etenderwales link, the relevant project code for the documentation is: Project_51101 PQQ_33324. Please email [email protected] if there are any issues accessing the site and/or documentation.

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £4,926,0001 contract exc. VAT
Bids received 1
Contracts signed 1latest 18 Sept 2023
Awarded toValueDateStatus
Equiniti Group plc£4,926,000 †—Awarded

Contracts

  • Contract 033097-2023-DBW00007-1 · Equiniti Group plc

    Signed
    18 Sept 2023
    Value
    £4,926,000
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
1bids · 1 electronic · 1 from abroad0——

Contracting authority & participating public bodies

Development Bank of Wales

Contracting authorityCentral GovernmentBody governed by public lawEconomic affairs Development Bank of Wales plc, Unit J, Yale Business Village, Ellis Way, Wrexham, Wales, LL13 7YContact email, phone Published organisation website ↗

Dispute resolution & review bodies

  • High CourtReview body LondonContact phone

Bidders & participating suppliers

1 commercial party on the notice
  • Equiniti Group plcAwarded supplier Sutherland House, Russell Way, Crawley, UK, RH101UHContact phone

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

  • Economic and financial selection criteriatenderEconomic and financial selection criteria
  • Technical selection criteriatenderTechnical selection criteria