Stale Pre-tender

Pay and Benefits Benchmarking review

Details

Value
£180,000
Topic
Research and development services and related consultancy services
Published
7 October 2025

Tender description

The Development Bank of Wales has awarded a contract following a competitive procurement process in accordance with the Procurement Act 2023. The awarded contract covers the provision of services to support DBW in delivering Pay and Benefits Benchmarking review. The evaluation was undertaken against the published criteria, including quality, and price Following evaluation, the contract was awarded to Mercer as the most advantageous tender (MAT). The contract will commence in February 2026 and is expected to run until February 2027, with options to extend where specified in the procurement documents. If extensions are taken the contract will run until February 2032. Further details, including total contract value, procurement route, and key deliverables, are available in the published Contract Award Notice on Find a Tender.

Timeline

  1. Completed: Pre-tender published7 October 2025
    Current notice

About the buyer

Development Bank of Wales is a development finance company wholly owned by the Welsh Ministers. Its group includes subsidiaries regulated by the Financial Conduct Authority. Suppliers are assessed using the Supplier Qualification Information Database, SQuID. Staff are encouraged to use national frameworks established by the National Procurement Service. Procurement follows the Wales Procurement Policy Statement and weighs community benefits.

Over the past 5 years, most of Development Bank of Wales's contract awards have been in business services, education and training and financial and insurance services.

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Decision makers

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