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Published 13 Sept 2024, 11:58 BST

Official UK procurement notice

Property Legal Services · UK public procurement notice

Official notice

Authority: Development Bank of Wales (Central government)

3 lotsServicesOpen procedureSME suitableMax 3 lots to bid
Published estimate£5,000,000envelope for 3 lots
Submissions closed 14 Oct 2024awarded 3 Dec 2024
Awarded to AGRI ADVISOR LEGAL LLP +12 more3 awards
Contract term 2 yrsends 25 Nov 2026 · extension options published · starts 26 Nov 2024

What is being bought3 lots · detail below

Published requirement description

DBW are looking for suppliers to undertake Property legal services

  • Recurrence: 2034

CPV: Legal advisory services · Legal services

Lots and requirements (3)Procurement structure

3 lots · no lot values published · a supplier may bid for at most 3 of them · same evaluation weights on every lot
Lot #1loan sizes up to 250kAwardedRenewal 2 yrs

This lot is for loan services up to a value of GBP250,000. Suppliers will be required to provide

Certificate of title (template)

Review valuation report

carry out pre-completion searched

Deal with completion monies

draft and register charge (template) at Companies House and HMLR

Contract period: 26 Nov 2024 – 25 Nov 2026 (2 yrs)
Delivery: UK
Extensions: this contract will be extended for a further 8 years in 24 month incrementsVariant bids: not allowed
Lot #2Loan value between 250k to 1mAwardedRenewal 2 yrs

loan sizes of GBP250k to GBP1m (commercial) or GBP1.5m (residential)

services will include

Certificate of title (template)

Review valuation report

carry out pre-completion searches

deal with completion searches

deal with completion monies

draft and register charge (template) at Companies House and HMLR

Review and build contract and associated collateral warranty (template)

Contract period: 26 Nov 2024 – 25 Nov 2026 (2 yrs)
Delivery: UK
Extensions: option to extend for 8 years in 24 month incrementsVariant bids: not allowed
Lot #3loan size over 1mAwardedRenewal 2 yrs

Services required

Certificate of title (template) including review of planning permission

Review valuation report

carry out pre-completion searches

deal with completion searches

deal with completion monies

draft and register charge (template) at Companies House and HMLR

Review of build contract and associated collateral warranty (template)

review appointments and Collateral Warranties (template) for contractors and consultants

Contract period: 26 Nov 2024 – 25 Nov 2026 (2 yrs)
Delivery: UK
Extensions: option to extend for 8 years in 24 month incrementsVariant bids: not allowed

What it takes to win
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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 · same split on all 3 lots
Quality: 50%Price: 50%
Published sub-criteria (2)
  • Technical Evaluation: 50%
  • price: 50%
Published award criteria (2)
  • Technical Evaluation: 50
  • Price: 50
What this means for your bid
  • Price carries 50 of 100 points: a 10% discount moves about 5 points. This one is won on the number: sharpen the price before polishing the prose.

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
Open 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
Unspecified in notice
Recurring procurement
Yes · 2034
First published
13 Sept 2024, 11:58 BST
Last source update
5 Dec 2024, 13:54 GMT
Award evaluation window
14 Oct 2024 – …
Authority reference
DBW00088.00
FTS notice number
2024/S 000-039242
Classification (CPV)
Legal advisory servicesLegal services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-049aab Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic ordering · electronic payment
Performance terms

KPIs have been included in the tender documents

Publisher note: DBW is a wholly owned subsidiary of the Welsh Government. Launched in 2017, DBW’s purpose is to mobilise economic development in the Welsh market. As a cornerstone of the Welsh Government’s organisation for delivery of financial instruments, DBW’s mission is to unlock potential in the economy of Wales by increasing the provision of sustainable, effective finance. Up to 31st March 2024, DBW has directly invested GBP778m into the Welsh economy and leveraged GBP531m from private sector investments. DBW has supported 3938 businesses, supported 41,700 jobs with a total impact of GBP1.66bn on the Welsh economy. Suppliers may bid for more than one Lot; however, it is important that Suppliers understand we are looking to appoint firms whose size is commensurate with the loan sizes under the respective Lots. It is DBW’s intention to award each successful Supplier appointments to no more than one Lot. DBW shall only award multiple appointments to the same Supplier if there are no other Suppliers meeting the minimum quality threshold score for that Lot. The following number of instructions per annum are expected (please note these figures are indicative): 1a - 30 on a rota basis 1b - 25 via quotes or direct award 1c - 15 via quotes or direct award DBW will appoint a maximum number of Suppliers per Lot as follows: 1a - 3 on a rota basis 1b - 5 via quotes or direct award 1c - 5 via quotes or direct award (WA Ref:146566)

How it was run

Official notice
Run through: Jaggaer · Who buys & how to bid on Sell2Wales
Supplier login requiredLanguage: EN
Access & registration note: Free; latest Chrome/Edge/Firefox only — corporate browsers fail
Submission deadline
14 Oct 2024, 12:00 BST
Submission channel
{"electronicSubmission"}
Accepted languages
en
Bids opened
14 Oct 2024, 12:00 BST
Detailed submission instructions & authority contactsFrom official release

Timeline

14 Oct 2024 → 5 Dec 2024 · 4 dates
  1. Submission deadline
    14 Oct 2024, 12:00 BST
  2. Bids opened
    14 Oct 2024, 12:00 BST
  3. Contract starts
    26 Nov 2024
  4. Notice published
    5 Dec 2024, 13:54 GMT

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    5 Dec 2024, 13:54 GMT

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 3
Awarded value £1,050,0003 contracts exc. VAT
Bids received 3114 from SMEs
Contracts signed 3latest 3 Dec 2024

Contracts

Bid statistics published by the authority

LotBidsSMEVCSEValid bid range
1 · loan sizes up to 250k4bids · 4 electronic4——
2 · Loan value between 250k to 1m12bids · 12 electronic5——
3 · loan size over 1m15bids · 15 electronic5——

Contracting authority & participating public bodies

Development Bank of Wales

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

Dispute resolution & review bodies

  • High CourtReview body LondonContact phone

Bidders & participating suppliers

13 commercial parties on the notice
  • ACUITY LAW LIMITEDAwarded supplier 3 Assembly Square Britannia Quay, Cardiff Bay, Cardiff, Wales, CF104PLContact phone
  • AGRI ADVISOR LEGAL LLPAwarded supplier Llys y Llan, Pumpsaint, Llanwrda, UKZ, SA198AXContact phone
  • Berry SmithAwarded supplier Haywood House, Cardiff, UK, CF103GA
  • Browne Jacobson LLPAwarded supplier Mowbray House, Castle Meadow Road, Nottingham, East Midlands, NG21BJ
  • CAPITAL LAW LIMITEDAwarded supplier Capital Building, Tyndall Street, Cardiff, Wales, CF104AZContact phone
  • CLARKE WILLMOTT LLPAwarded supplier 5 Callaghan Square, Cardiff, South East, CF105BTContact phone
  • Darwin Gray LLPAwarded supplier Helmont House, Churchill Way, Cardiff, UK, CF102HE
  • Geldards LLPAwarded supplier Dumfries House, Dumfries Place, Cardiff, UK, CF103ZF
  • HCR LEGAL LLPAwarded supplier 5 Deansway, Worcester, West Midlands, WR12JGContact phone
  • Hugh JamesAwarded supplier Two Central Square, Cardiff, Wales, CF101FSContact phone
Show 3 more suppliers
  • JCP SolicitorsAwarded supplier Venture Court, valley Way, Swansea, Wales, SA68QPContact phone
  • JNP LEGAL LIMITEDAwarded supplier 15 Glebeland Street, Merthyr Tydfil, UK, CF478AUContact phone
  • Le Gros SolicitorsAwarded supplier 22 Windsor Place, 9 Museum Place, Cardiff, Wales, CF103BYContact 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