Official UK procurement notice
The Provision of Internal Audit Services to the Development Bank of Wales
Authority: Development Bank of Wales (Central government)·Consortium: 2 public authorities
What is being bought
Published requirement descriptionThe Development Bank of Wales is looking to appoint an organisation to provide Internal Audit Services over a period of 5 years.
CPV: Accounting and auditing services
The lotProcurement structure
single lot · no lot value publishedLot #1The Development Bank of Wales Group (DBWG) is inviting tenders to appoint an…Awarded
The Development Bank of Wales Group (DBWG) is inviting tenders to appoint an organisation to provide the internal audit services over a period of 5 years. Further information about the Services and DBWG’s requirements is contained in sections 3 and 4 of the Invitation to Tender (ITT).
What it takes to wini
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 morei
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).
Published sub-criteria (10)
- Sector & Client Knowledge: 5%
- Risk Identification: 12%
- Delivery Team: 15%
- Knowledge & Expertise: 6%
- Relationship Management: 6%
- Objective and Challenging Audit Process: 5%
- ESG: 10%
- Presentation: 15%
- Added Value: 6%
- price: 20%
Published award criteria (10)
- Sector & Client Knowledge: 5
- Risk Identification: 12
- Delivery Team: 15
- Knowledge & Expertise: 6
- Relationship Management: 6
- Objective and Challenging Audit Process: 5
- ESG: 10
- Presentation: 15
- Added Value: 6
- Price: 20
- Suitability
As set out in the Invitation to Tender documentation.
- Technical & professional ability
Execution of the service is reserved to a particular profession
- Staff
- Names and qualifications of delivery staff must be submitted
- Price carries 20 of 100 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
- 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
- Yes (GPA)
- Recurring procurement
- No (one-off requirement)
- First published
- 16 Dec 2021, 16:55 GMT
- Last source update
- 13 Aug 2024, 14:20 BST
- Award evaluation window
- 20 May 2022 – …
- Authority reference
DBW00071.00- FTS notice number
2024/S 000-025644- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-03027aFind a Tender
Publisher note: (WA Ref:143775)
How it was run
Official noticeTender documents are also served through a separate tool: https://etenderwales.bravosolution.co.uk ↗
- Submission deadline
- 20 May 2022, 12:00 BST
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en, cy
- Participation fee
- document
- Bid validity
- 120 days from the deadline
- Bids opened
- 20 May 2022, 12:00 BST
Timeline
24 Jan 2022 → 13 Aug 2024 · 4 dates- Next notice expected24 Jan 2022
- Submission deadline20 May 2022, 12:00 BST
- Bids opened20 May 2022, 12:00 BST
- Notice published13 Aug 2024, 14:20 BST
Notice history
5 events · 3 releases on Find a Tender · since 13 Apr 2022- Status changed to active13 Apr 2022, 09:03 BST
- Procurement method changed13 Apr 2022, 09:03 BST
- Deadline published: 20 May 2022, 12:00 BST13 Apr 2022, 09:03 BST
- Buyer details updated13 Apr 2022, 09:03 BST
- Status changed to complete13 Aug 2024, 14:20 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| RSM UK Risk Assurance Services LLP | £226,168 † | — | Awarded |
Contracts
Contract 025644-2024-DBW00071.00-1 · RSM UK Risk Assurance Services LLP
- Signed
- 30 Mar 2022
- Value
- £226,168
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 4bids · 4 electronic | 1 | — | — |
Contracting authority & participating public bodies
2 public bodies on the noticeDispute resolution & review bodies
- High CourtReview body
Bidders & participating suppliers
1 commercial party on the notice- RSM UK RISK ASSURANCE SERVICES LLPAwarded supplier
Official documents & specifications (4)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria
- Economic and financial selection criteria
- Technical selection criteria