Find a TenderAwardedContract details notice
Published 20 Mar 2025, 15:51 GMT

Official UK procurement notice

IT Security Services · UK public procurement notice

Official notice

Authority: Development Bank of Wales (Central government)

ServicesCompetitive flexible procedureAbove thresholdSME suitable
Sectors: IT Services & Software (72) Delivery: UK
Published estimate£1,500,000≈ £300k / year · £1,800,000 inc. VAT
Submissions closed 9 Jun 2025awarded 7 Jul 2025
Awarded to Wavenet
Contract term 5 yrsends 30 Jun 2030 · up to 30 Jun 2033 with extensions · starts 1 Jul 2025

What is being bought

Published requirement description

The Development Bank of Wales undertook a competitive flexible procedure, this notice is to notify that we have entered into a contract with the successful supplier.

The Scope:

The Development Bank of Wales currently operate a security operation model that is split across multiple providers and technologies. To help reduce the complexity of this approach and improve our ability to effectively monitor, respond to, and mitigate security threats, the

Banc are investigating the feasibility of implementing a unified Microsoft security operations platform, the day-to-day management of which would be supported by a single provider. This transition will not only streamline our processes and technology, but also increase the efficiency of our incident response efforts and reduce the potential for gaps in our security

posture caused by the fragmentation of tools and services.

Currently, our Azure services are handled by Service Provider A, which focuses on optimising our cloud infrastructure. Service Provider B is responsible for managing our Microsoft 365 environment and on-premises infrastructure, ensuring that both are configured and maintained to meet our operational needs. Additionally, our managed detection and response (MDR) services are provided by Service Provider C, which utilises their own proprietary platform to deliver continuous monitoring, threat detection, and incident response across our IT estate.

The Banc is investigating replacing Service Provider C with a new Service Provider that will take over the managed detection and response function, utilising the Microsoft unified security platform. They will be responsible for the implementation, configuration and on going management of the platform, and providing proactive advice and recommendations to

improve the security of our Microsoft estate, drawing on Microsoft’s insights, but will not be responsible for any configuration outside of the security platform. The new provider will collaborate closely with Service Providers A and B to align security practices ensuring that our entire IT environment remains protected against emerging threats.

  • The authority expects to re-tender this requirement around 13 Mar 2033, 23:59 GMT.
  • How the procedure runs: Stage 1 will consist of completion of Procurement Supplier Questionnaire - Pass/Fail Technical questionnaire with a variety of Pass/Fail questions and weighted questions 3PQ - Pass/Fail Stage 2 only the top 3 suppliers will be selected to go into stage 2 the evaluation will consist of Technical evaluation at 70% Commercial at 30% Further information can be found within the tender documentation
  • No preliminary market engagement: A speculative notice was issued under the PCR2015

CPV: IT services: consulting, software development, Internet and support

The lotProcurement structure

single lot · value published
Lot #1AwardedRenewal 5 yrsSMEPublished value£1,500,000
Contract period: 1 Jul 2025 – 30 Jun 2030 (5 yrs) · up to 30 Jun 2033 with extensionsValue: £1,500,000 exc. VAT · £1,800,000 inc. VAT
Delivery: UKEligibility: SME eligible
Extensions: There may be a requirement that the supplier will undertake project work during the contract term. Additional modules and or security of other systems may also be required. · 3 years in 12 month increments
Pre-qualification & selection criteria (PQQ)2
  • Economic & financial standing

    Professional Indemnity (PI) - £1,000,000

    Cyber Essential insurance £1,000,000

    Employers Liability (EL) - £10,000,000

    Public Liability (PL) - £5,000,000

  • Technical & professional ability

    Please refer to the tender documentation

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: 70%Price: 30%
Published sub-criteria (3)
  • Stage 1: 1%
  • Stage 2: 69%
  • Commercial: 30%
Published award criteria (3)
  • Stage 1: PSQ - Pass/Fail Technical evaluation - Pass/Fail and weighted questions 3PQ Please note that this stage has a technical weighting of 100%
  • Stage 2: Technical evaluation Questions have a total weighting of 70%
  • Commercial: Annual costs including the implementation for the first year Rate cards
Conditions of participation2
  • Economic & financial standing

    Professional Indemnity (PI) - £1,000,000

    Cyber Essential insurance £1,000,000

    Employers Liability (EL) - £10,000,000

    Public Liability (PL) - £5,000,000

  • Technical & professional ability

    Please refer to the tender documentation

What this means for your bid
  • Price carries 30 of 100 points: a 10% discount moves about 3 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
Procedure method
Competitive flexible procedure
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Services
Notice status
Awarded
Procurement threshold
Above threshold (FTS publication)
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
Yes · next expected 13 Mar 2033
First published
20 Mar 2025, 15:51 GMT
Last source update
31 Jul 2025, 12:48 BST
Award evaluation window
Submission end – 30 Jun 2025
Authority reference
DBW00105
FTS notice number
2025/S 000-010484
Latest notice
Contract details notice (UK7)
Classification (CPV)
IT services: consulting, software development, Internet and support
Delivery area
UK
Official registry OCID
ocds-h6vhtk-04efe9 Find a Tender
Contract terms summary

30 days

How it runs

Stage 1 will consist of completion of

Procurement Supplier Questionnaire - Pass/Fail

Technical questionnaire with a variety of Pass/Fail questions and weighted questions

3PQ - Pass/Fail

Stage 2 only the top 3 suppliers will be selected to go into stage 2 the evaluation will consist of

Technical evaluation at 70%

Commercial at 30%

Further information can be found within the tender documentation

Review and risk notes
Risks

NA

How it was run

Official notice
Run through: Jaggaer · Who buys & how to bid on Sell2Wales
Supplier login requiredElectronic submission allowedLanguage: EN
Access & registration note: Free; latest Chrome/Edge/Firefox only — corporate browsers fail
Submission deadline
9 Jun 2025, 12:00 BST
Clarification deadline
17 Apr 2025, 12:00 BST
Submission channel
Official e-sourcing portal
Electronic submission
Allowed
Accepted languages
en
Detailed submission instructions & authority contactsFrom official release

Timeline

20 Mar 2025 → 31 Jul 2025 · 8 dates
  1. Tender notice published
    20 Mar 2025, 15:51 GMT
  2. Clarification questions by
    17 Apr 2025, 12:00 BST
  3. Submission deadline
    9 Jun 2025, 12:00 BST
  4. Award decision expected by
    30 Jun 2025, 23:59 BST
  5. Contract starts
    1 Jul 2025, 00:00 BST
  6. Assessment summaries sent
    8 Jul 2025, 00:00 BST
  7. Standstill ends
    18 Jul 2025, 23:59 BST
  8. Latest notice published
    31 Jul 2025, 12:48 BST

Notice history

5 events · 3 releases on Find a Tender · since 20 Mar 2025
  1. Tender notice published
    20 Mar 2025, 15:51 GMT
    UK4
  2. Contract award notice published
    8 Jul 2025, 14:02 BST
    UK6
  3. Status changed to complete
    8 Jul 2025, 14:02 BST
  4. Contract signature expected
    21 Jul 2025, 23:59 BST
    scheduled
  5. Contract details notice published
    31 Jul 2025, 12:48 BST
    UK7

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £1,500,0001 award exc. VAT
Bids received 9
Contracts signed 1latest 30 Jul 2025
Awarded toValueDateStatus
Wavenet22 Jul 2025 – 17 Jul 2030 · up to 17 Jul 2033Extensions: 12 month increments · Options: Additional services and project work may be required £1,500,0007 Jul 2025Awarded

Contracts

  • IT Security Services · Wavenet

    Signed
    30 Jul 2025
    Value
    £1,500,000
    Period
    31 Jul 2025 – 30 Jul 2030 · up to 30 Jul 2033 with extensions
    Status
    active
    Extensions
    3 years in 12 month increments
    Options
    Additional services and consultancy may be required
    1 agreed KPI: Resolving threats
    • Resolving threats

Bid statistics published by the authority

BidsSMEVCSEValid bid range
9final-stage tenders · 10 at stage one00—

Contracting authority & participating public bodies

Development Bank of Wales

Contracting authorityPublic authority - central governmentWelsh devolved regulations apply GB-PPON: PCWM-6438-QYVP Development Bank of Wales plc, Cardiff, Wales, CF10 4BZContact name, email, phone

Bidders & participating suppliers

1 commercial party on the notice
  • Wavenet LimitedAwarded supplierGB-PPON: PGGC-2348-BVLG At One Central Boulevard, Solihull, West Midlands, B90 8BGContact email, phone

Official documents & specifications (4)

Official links; attachments are not copied

Tender pack and attachments

  • Bidding documents and specificationstenderBidding documents and specificationsAccess: https://etenderwales.bravosolution.co.uk/web/login.shtml

Notices published for this procedure

  • Contract details notice contractContract details noticeUK7Contract details notice on Find a Tender
  • Contract award notice awardContract award noticeUK6Contract award notice on Find a Tender
  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender