Awarded contract

The Provision of a Loan Administration System

Details

Buyer: Development Bank of Wales
Supplier(s): PANCREDIT SYSTEMS LTD.
Value: £2,202,930
Duration: 5 years
Topic: Financial and insurance services
Published: 12 June 2026
Source: uk:find_a_tender

Tender description

This notice is being published to advise the market that the Development Bank of Wales has signed a contract with Pancredit Systems Limited to continue with the provision of a Loan Administration System ('LAS') to manage its SME loan portfolio. ## Contract award Title: The Provision of a Loan Administration System

Timeline

Completed: Award date1 June 2026
Completed: Award published12 June 2026
Current notice
Next: Contract expiry date30 June 2031in 5 years

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.

Decision makers

Connect with the people behind this procurement.

Job title	Phone number	Work email
Head of Procurement	+44 •••• ••••••	••••••••@development-bank-of-wales.gov
Commercial Director	+44 •••• ••••••	••••••••@development-bank-of-wales.gov
Procurement Manager	+44 •••• ••••••	••••••••@development-bank-of-wales.gov
Category Lead	+44 •••• ••••••	••••••••@development-bank-of-wales.gov
Senior Buyer	+44 •••• ••••••	••••••••@development-bank-of-wales.gov
Contracts Manager	+44 •••• ••••••	••••••••@development-bank-of-wales.gov