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AwardedFind a Tender · award

SME Finance Monitoring

Buyer: Development Bank of Wales →

BuyerDevelopment Bank of Wales
StatusAwarded
DeadlineNot published
ValueValue not published
Published5 May 2026

What is being bought

Following on from a published UK 5 and UK 6 notice DBW has entered into a contract for SME finance monitoring. The strategy team and Economic Intelligence Wales require a source of insight into how Welsh SMEs view, use and experience finance in a way which is comparable to a wider UK and regional dataset. This data should keep consistent sample sizes, question set and stratification to better track access to funding, growth ambitions and business performance through shifting economic conditions. This data must have the quality and repeatability for authoritative and reliable use which requires sufficient samples into sub-questions on finance uses. A key test of this is the use of datasets by our peers. Previously, the SME Finance Monitor has fulfilled this need. SME Finance Monitor is the largest quarterly survey in Wales without requirement for accredited researchers and project authorisation to access the granular data. Over the year, we will have access to a sample of 1,000 SMEs in Wales compared to the 500 typically achieved in the UK Government’s Longitudinal Business Survey. The instruction from DBW to the Consultants for these specific services relating to the service is as follows: a) Include “Development Bank of Wales” as a response option to an existing survey question for SMEs in Wales according to eligibility criteria according to DBW’s own guidelines indicated below. Employing up to 250 employees- Annual turnover not exceeding €50million Be located in Wales b) Provide DBW with the raw data tables, in Microsoft Excel format, at the half year and full year period for those SMEs within the eligibility criteria outlined above

Lot details

Lot 1

No lot description published.

Statuscomplete

Comparable-procurement analytics

No usable CPV category has been published, so a comparable market set cannot yet be built.

Procurement strategy & market signals

Framework agreementNot published
Dynamic purchasing systemNot published
Competitive procurementNot published
Recurring requirementNot published
Procurement method rationaleNot published
Rationale classificationsNot published
Special regimeNot published
Covered byNot published
Submission policyNot published
Selection criteriaNot published
Risk detailsNot published

Planning & early market engagement

BudgetNot published
No-engagement rationaleNot published
Planning documents0
Planning milestones0

No planning milestones published.

Related procurements

No linked framework, prior procurement or reprocurement published.

Awards

Contracts

SME Finance Monitoring

Statusactive
Value£50,000

Documents & submission route

No documents are published in the current source record.

Source data inventory

Diagnostic view. “Not published” means this current release does not provide a value.

OCIDocds-h6vhtk-0679bd
Latest release ID040944-2026
Latest release timestampTue May 05 2026 11:03:30 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLNot published
Tender statuscomplete
Procurement methoddirect
Procurement method detailsBelow threshold - without competition
Main procurement categoryNot published
Above thresholdNot published
Legal basis2023/54
Tender period: startNot published
Tender period: endNot published
Expression of interest deadlineNot published
Enquiry deadlineNot published
Award period: startNot published
Award period: endNot published
Submission method detailsNot published
Submission languagesNot published
Electronic catalogue policyNot published
Total tender valueNot published
Tender lots in source1
Tender items in source0
Tender documents in source0
Awards in latest release1
Contracts in latest release1
Parties in latest release2

Notice history

DateEventReference
5 May 2026award, contract040944-2026
15 Apr 2026award, contract034122-2026
31 Mar 2026award, contract029897-2026

All source data

Unmodified official OCDS data retained by Tenderline for this procurement process.

Complete current OCDS release JSON
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Complete JSON history (3 releases)
5 May 2026 · 040944-2026 · award, contract
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15 Apr 2026 · 034122-2026 · award, contract
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31 Mar 2026 · 029897-2026 · award, contract
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      "scheme": "UKPGA"
    },
    "description": "The strategy team and Economic Intelligence Wales require a source of insight into how Welsh SMEs view, use and experience finance in a way which is comparable to a wider UK and regional dataset. This data should keep consistent sample sizes, question set and stratification to better track access to funding, growth ambitions and business performance through shifting economic conditions. This data must have the quality and repeatability for authoritative and reliable use which requires sufficient samples into sub-questions on finance uses. A key test of this is the use of datasets by our peers.\nPreviously, the SME Finance Monitor has fulfilled this need.\nSME Finance Monitor is the largest quarterly survey in Wales without requirement for accredited researchers and project authorisation to access the granular data. Over the year, we will have access to a sample of 1,000 SMEs in Wales compared to the 500 typically achieved in the UK Government’s Longitudinal Business Survey.\nThe instruction from DBW to the Consultants for these specific services relating to the service is as follows:\na) Include “Development Bank of Wales” as a response option to an existing survey question for\nSMEs in Wales according to eligibility criteria according to DBW’s own guidelines indicated below.\n- Employing up to 250 employees\n- Annual turnover not exceeding €50million\n- Be located in Wales\nb) Provide DBW with the raw data tables, in Microsoft Excel format, at the half year and full year period for those SMEs within the eligibility criteria outlined above.\nJustification for Direct Award:\nContinuity and Consistency of Longitudinal Data\nThe SME Finance Monitor forms a longitudinal dataset where consistency in methodology, questionnaire design, sampling approach, and data processing is essential. Changing supplier would introduce:\nVariability in sampling and weighting methods\nChanges in question phrasing or sequencing\nAnalytical discontinuity preventing reliable year on year comparison\nMaintaining the same provider ensures methodological integrity and protects the value of the dataset built over several years.\nSupplier Uniqueness and Specialist Expertise:\nBDRC/Ipsos has highly specialised capability in SME finance market research and is the long standing producer of the UK wide SME Finance Monitor. Their expertise includes:\nProprietary data processing structures\nBespoke table formats already embedded in DBW workflows\nDeep understanding of SME finance behaviour methodologies\nAlternative providers would lack the ability to replicate the existing dataset format without recreating methodology at significant cost and risk to continuity.\nProven Track Record and Performance:\nThe supplier has delivered reliably since 2021 with:\nHigh data quality\nTimely delivery\nNo recorded performance issues\nStrong working knowledge of DBW requirements\nChanging a successful supplier introduces operational risk and is not justified where performance remains strong.\nProportionality and Value for Money:\nrepresents good value relative to:\nThe provider’s specialist research expertise\nTime and cost required for onboarding a new supplier\nAvoided duplication in methodology redevelopment\nMarket norms for bespoke survey data products\nThe direct award maintains cost efficiency and avoids unnecessary procurement overhead.\nRegulatory and Policy Considerations (Procurement Category 2023):\nUnder Procurement Category 2023, a Direct Award may be justified where:\nThere is a proven, continuous requirement\nA change of supplier would compromise service integrity\nThe supplier holds unique specialist knowledge\nThere is a clear operational or technical reason preventing competition\nThis requirement meets all criteria.\nA Direct Award to BDRC Continental/Ipsos for the 2026 SME survey data is justified based on:\nNeed for continuity of longitudinal data\nSpecialist capability and established methodology\nProven track record and value for money\nAlignment with Procurement Category 2023 direct award provisions",
    "procurementMethod": "direct",
    "procurementMethodDetails": "Below threshold - without competition"
  },
  "parties": [
    {
      "id": "GB-PPON-PCWM-6438-QYVP",
      "name": "Development Bank of Wales",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKL22",
        "country": "GB",
        "locality": "Cardiff",
        "postalCode": "CF10 4BZ",
        "countryName": "United Kingdom",
        "streetAddress": "Development Bank of Wales plc"
      },
      "details": {
        "url": "http://www.developmentbank.wales",
        "classifications": [
          {
            "id": "publicAuthorityCentralGovernment",
            "scheme": "UK_CA_TYPE",
            "description": "Public authority - central government"
          },
          {
            "id": "GB-WLS",
            "scheme": "UK_CA_DEVOLVED_REGULATIONS",
            "description": "Welsh devolved regulations apply"
          }
        ]
      },
      "identifier": {
        "id": "PCWM-6438-QYVP",
        "scheme": "GB-PPON"
      },
      "contactPoint": {
        "name": "Leanne Millard",
        "email": "leanne.millard@developmentbank.wales",
        "telephone": "+442920801715"
      }
    },
    {
      "id": "GB-PPON-PYMN-2281-HLXQ",
      "name": "IPSOS MORI UK LIMITED",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UKI42",
        "country": "GB",
        "locality": "London",
        "postalCode": "E1W 1YW",
        "countryName": "United Kingdom",
        "streetAddress": "3 Thomas More Square"
      },
      "details": {
        "vcse": false,
        "scale": "sme"
      },
      "identifier": {
        "id": "PYMN-2281-HLXQ",
        "scheme": "GB-PPON"
      },
      "contactPoint": {
        "email": "Shiona.Davies@ipsos.com"
      }
    }
  ],
  "language": "en",
  "initiationType": "tender"
}