Pre-market engagement: Review of the business finance landscape in Wales
Development Bank of Wales · All their open notices
What this is
Pre-market engagement notice for a consultancy to review the business finance landscape in Wales. The Development Bank of Wales seeks an economic consultancy or research provider to assess how well current public, private and alternative finance provision meets Welsh businesses' needs, identify gaps and opportunities, and provide evidence-led policy recommendations.
Key points
- This is a pre-market engagement notice, not a formal tender call — no binding commitment to procure
- Estimated maximum value GBP 125,000 for all phases; Phase 1 initial contract will be smaller
- Phase 1 focuses on Welsh business finance landscape review; later phases (venture, succession, property, infrastructure finance) are optional and not guaranteed
- Suppliers must demonstrate strong economic/policy research expertise, Welsh economy knowledge, and ability to produce senior-level policy outputs
- Interested suppliers should register on the procurement portal; formal tender process and deadlines to follow
- Final contract scope, duration and value may change after market engagement and procurement completion
Who can bid
This is a pre-market engagement notice, not a formal tender. Suitable economic consultancies or research providers with relevant expertise in business finance and the Welsh economy are encouraged to register on the relevant procurement portal.
Money
Estimated maximum contract value GBP 125,000 including optional services, extensions and additional phases. Phase 1 initial contract not expected to utilise full estimated value. Final scope, duration and value may change following market engagement and procurement process. Estimate is for information only and does not constitute a commitment to spend or guarantee of contract value.
How to submit
This is pre-market engagement only. Suppliers are encouraged to register on the relevant procurement portal. No formal submission deadline is stated in this notice.
Contract period
Phase 1 is the initial commission focusing on review of the Welsh business finance landscape. Potential later phases (thematic deep dives, synthesis) may follow depending on Phase 1 findings, priorities, budget and commissioning decisions. No guaranteed contract extensions.
Classification
73000000 — Research and development services and related consultancy services79400000 — Business and management consultancy and related services75210000 — Foreign affairs and other services WalesCardiff
Published on Sell2Wales. The official notice is the authoritative version.