Enterprise Risk Management (ERM) System
Details
- Buyer
- Transport for Wales
- Value
- £348,543.61
- Topic
- Software package and information systems
- Published
- 1 October 2026
- Submission
- 16 October 2026in 2 weeks
- Source
- uk:find_a_tender
Tender description
Transport for Wales (TfW) is undertaking preliminary market engagement in relation to the procurement of an Enterprise Risk Management (ERM) System. The solution will support a modern, integrated approach to identifying, recording, assessing and managing risks, opportunities, issues, controls and actions across strategic, operational, portfolio, programme and project levels. The system is expected to include capabilities such as configurable workflows, risk escalation, reporting and dashboards, Key Risk Indicators (KRIs) and analytics, Quantified Risk Analysis (QRA), AI-enabled insights and automation, alerts and notifications, document management, application programming interfaces (APIs), Microsoft 365 and other system integrations, robust security and hosting arrangements, and an intuitive user experience. This engagement will help TfW understand current market capabilities, emerging technologies, implementation approaches, support models, commercial arrangements and indicative implementation timescales. Engagement will be undertaken initially through a supplier questionnaire, with potential follow-up discussions with selected suppliers if required. Any such discussions will be at TfW's discretion and participation in this engagement does not imply selection for, or progression to, any subsequent stage of a procurement process.
Timeline
- Completed: Pre-tender published1 October 2026Current notice
About the buyer
Transport for Wales runs and develops the country's rail, bus and active travel networks, buying as a central body with its own procurement and supply chain team. Every tender is advertised on Sell2Wales, the Welsh government's open tendering portal, where registration is free for suppliers. Above-threshold opportunities are also published on the UK government's Find a Tender Service. A dedicated procurement portal now carries every new tender opportunity. Pipeline notices and preliminary market engagement notices give suppliers early sight of contracts still to come. Procurement decisions follow the Procurement Act 2023 and the Procurement (Wales) Regulations 2024.
Procurement spend from central entities makes up 66% of overall UK public spend.
Over the past 5 years, most of Transport for Wales's contract awards have been in business services, construction work and IT services.
Relevant CPV codes
- 48000000 · Software package and information systems
Decision makers
Connect with the people behind this procurement.
| Contact name | Job title | Phone number | Work email |
|---|---|---|---|
| Head of Procurement | +44 •••• •••••• | ••••••••@transport-for-wales.gov | |
| Commercial Director | +44 •••• •••••• | ••••••••@transport-for-wales.gov | |
| Procurement Manager | +44 •••• •••••• | ••••••••@transport-for-wales.gov | |
| Category Lead | +44 •••• •••••• | ••••••••@transport-for-wales.gov | |
| Senior Buyer | +44 •••• •••••• | ••••••••@transport-for-wales.gov | |
| Contracts Manager | +44 •••• •••••• | ••••••••@transport-for-wales.gov |
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