Find a TenderAwardedContract details notice
Published 5 Jan 2026, 15:01 GMT

Official UK procurement notice

WRA010 2025 26 Welsh Revenue Authority Regulatory Impact Assessment Contract

Official notice

Authority: Welsh Revenue Authority (Central government)

ServicesBelow threshold - open competitionBelow thresholdSME suitableVCSE suitable
Published estimate£50,000£60,000 inc. VAT1% below published estimate
Submissions closed 2 Feb 2026awarded 16 Feb 2026
Awarded to ALMA ECONOMICS LIMITED
Contract term 4 moends 9 Jun 2026 · up to 9 Oct 2026 with extensions · starts 9 Feb 2026

What is being bought

Published requirement description

Welsh Revenue Authority have awarded a contract for WRA Tax Maintenance Bill - Cost-benefit analysis to support a Regulatory Impact Assessment

CPV: Business and management consultancy and related services · Financial consultancy services

The lotProcurement structure

single lot · value published
Lot #1AwardedRenewal 4 moSMEVCSEPublished value£50,000
Contract period: 9 Feb 2026 – 9 Jun 2026 (4 mo) · up to 9 Oct 2026 with extensionsValue: £50,000 exc. VAT · £60,000 inc. VAT
Delivery: UKEligibility: SME eligibleVCSE eligible
Extensions: The contract will be let for 4 months with the option to extend for up to a further 4 months subject to Welsh Revenue Authority approval.
Pre-qualification & selection criteria (PQQ)1
  • Condition of participation

    Please see full details in procurement documents

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: 60%Price: 40%
Published sub-criteria (3)
  • Understanding of the requirement: 30%
  • Method Statement: 30%
  • Commercial Statement: 40%
Published award criteria (3)
  • Commercial Statement: Please see procurement documents for full details
  • Understanding of the requirement: Please see procurement documents for full details
  • Method Statement: Please see procurement documents for full details
Conditions of participation1
  • Condition of participation

    Please see full details in procurement documents

What this means for your bid
  • Price carries 40 of 100 points: a 10% discount moves about 4 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
Below threshold - open competition
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Services
Notice status
Awarded
Procurement threshold
Below threshold
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
Unspecified in notice
First published
5 Jan 2026, 15:01 GMT
Last source update
17 Mar 2026, 13:00 GMT
Authority reference
WRA010 2025 26
FTS notice number
2026/S 000-000379
Latest notice
Contract details notice (UK7)
Classification (CPV)
Business and management consultancy and related servicesFinancial consultancy services
Delivery area
UKWales (UKL)
Official registry OCID
ocds-h6vhtk-05ff7e Find a Tender

How it was run

Official notice
Submission deadline
2 Feb 2026, 16:00 GMT
Clarification deadline
22 Jan 2026, 16:00 GMT
Electronic submission
Allowed
Detailed submission instructions & authority contactsFrom official release

Quotations must be received via Sell2Wales (www.sell2wales.gov.wales ↗) by 16:00 hrs on 02 February 2026. Any responses received after that date and time may not be considered.

Welsh Revenue Authority have extended the date for submission of tenders to 16:00 on the 2nd February 2026 in order to give tenderers reasonably opportunity to complete their tender submissions

Timeline

5 Jan 2026 → 17 Mar 2026 · 5 dates
  1. Tender notice published290 days ago
    5 Jan 2026, 15:01 GMT
  2. Clarification questions by273 days ago
    22 Jan 2026, 16:00 GMT
  3. Submission deadline262 days ago
    2 Feb 2026, 16:00 GMT
  4. Contract starts256 days ago
    9 Feb 2026
  5. Latest notice published219 days ago
    17 Mar 2026, 13:00 GMT

Notice history

5 events · 3 releases on Find a Tender · since 5 Jan 2026
  1. Tender notice published
    5 Jan 2026, 15:01 GMT
    UK4
  2. Tender notice published
    19 Jan 2026, 14:59 GMT
    UK4
  3. Deadline moved to 2 Feb 2026, 16:00 GMT
    19 Jan 2026, 14:59 GMT
    +7 days · was 26 Jan 2026, 16:00 GMT
  4. Contract details notice published
    17 Mar 2026, 13:00 GMT
    UK7
  5. Status changed to complete
    17 Mar 2026, 13:00 GMT
Published amendments (1)

Welsh Revenue Authority have extended the submission date for tenders by one week to 16:00 2nd February 2026 to allow suppliers reasonable opportunity to complete their submissions

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £49,5001 contract exc. VAT
Contracts signed 1latest 16 Feb 2026
Awarded toValueDateStatus
ALMA ECONOMICS LIMITEDSME£49,500 †—Awarded

Contracts

  • WRA010 2025 26 Welsh Revenue Authority Regulatory Impact Assessment Contract · ALMA ECONOMICS LIMITEDSME

    Signed
    16 Feb 2026
    Value
    £49,500
    Period
    16 Feb 2026 – 16 Jun 2026 · up to 16 Oct 2026 with extensions
    Status
    active
    Extensions
    Option to extend for up to 4 months

Contracting authority & participating public bodies

Welsh Revenue Authority

Contracting authorityPublic authority - central governmentWelsh devolved regulations apply GB-PPON: PWDQ-7531-NJPR PO Box 108, Merthyr Tydfil, Wales, CF477DLContact name, email

Bidders & participating suppliers

1 commercial party on the notice
  • Alma Economics LtdAwarded supplierGB-PPON: PHGJ-1771-RHHN 43 Tanner Street, London, London, SE13PLContact email

Official documents & specifications (7)

Official links; attachments are not copied

Tender pack and attachments

Notices published for this procedure

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