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IT Security Services

Development Bank of Wales · Tender notice on Find a Tender

Tender information last checkedLast checked 29 Sept 2026, 23:05.

Opportunity overview

The Development Bank of Wales undertook a competitive flexible procedure, this notice is to notify that we have entered into a contract with the successful supplier. The Scope: The Development Bank of Wales currently operate a security operation model that is split across multiple providers and technologies. To help reduce the complexity of this approach and improve our ability to effectively monitor, respond to, and mitigate security threats, the Banc are investigating the feasibility of implementing a unified Microsoft security operations platform, the day-to-day management of which would be supported by a single provider. This transition will not only streamline our processes and technology, but also increase the efficiency of our incident response efforts and reduce the potential for gaps in our security posture caused by the fragmentation of tools and services. Currently, our Azure services are handled by Service Provider A, which focuses on optimising our cloud infrastructure. Service Provider B is responsible for managing our Microsoft 365 environment and on-premises infrastructure, ensuring that both are configured and maintained to meet our operational needs. Additionally, our managed detection and response (MDR) services are provided by Service Provider C, which utilises their own proprietary platform to deliver continuous monitoring, threat detection, and incident response across our IT estate. The Banc is investigating replacing Service Provider C with a new Service Provider that will take over the managed detection and response function, utilising the Microsoft unified security platform. They will be responsible for the implementation, configuration and on going management of the platform, and providing proactive advice and recommendations to improve the security of our Microsoft estate, drawing on Microsoft’s insights, but will not be responsible for any configuration outside of the security platform. The new provider will collaborate closely with Service Providers A and B to align security practices ensuring that our entire IT environment remains protected against emerging threats.

Awarded to

Amounts belong to published awards or contracts. Where several suppliers share one value, it is labelled as shared and is not a supplier-specific allocation.

Wavenet Limited

Matched by exact name
Published award value
£1.5m
Awarded
6 Jul 2025
Award ID
1
Status
active
Identifier
GB-PPON PGGC-2348-BVLG
Location
Solihull, UKG32, B90 8BG, United Kingdom

Classification

  • CPV72000000 — IT services: consulting, software development, Internet and support

Lots

  • Lot 1£1.5m

Documents and notices

Published notice details

Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.

Scope, procedure and submissions

Id
DBW00105
Status
complete
Published risks
NA
Has Recurrence
Yes
Above Threshold
Yes
Procurement Method
open
Main Procurement Category
services
Procurement Method Details
Competitive flexible procedure

Procedure

Features
Stage 1 will consist of completion of Procurement Supplier Questionnaire - Pass/Fail Technical questionnaire with a variety of Pass/Fail questions and weighted questions 3PQ - Pass/Fail Stage 2 only the top 3 suppliers will be selected to go into stage 2 the evaluation will consist of Technical evaluation at 70% Commercial at 30% Further information can be found within the tender documentation

Legal basis

Id
2023/54
Scheme
UKPGA

Recurrence

Dates

Entry 1
Starts
13 Mar 2033, 23:59

Expected award period

Ends
30 Jun 2025, 23:59

Tender Period

Ends
9 Jun 2025, 12:00

Contract terms

Financial Terms
30 days

Enquiry period

Ends
17 Apr 2025, 12:00

Submission terms

Electronic Submission Policy
allowed

Languages

en

Lots and requirements

Entry 1
Id
1
Status
complete
Has Options
Yes
Has Renewal
Yes

Value

Amount
1,500,000
Currency
GBP
Including VAT
1,800,000

Options

Description
There may be a requirement that the supplier will undertake project work during the contract term. Additional modules and or security of other systems may also be required.

Renewal

Description
3 years in 12 month increments

Suitability

Sme
Yes

Award criteria

Criteria

Criterion 1
Name
Stage 1
Type
quality
Description
PSQ - Pass/Fail Technical evaluation - Pass/Fail and weighted questions 3PQ Please note that this stage has a technical weighting of 100%

Numbers

Entry 1
Number
1
Weight
percentageExact
Criterion 2
Name
Stage 2
Type
quality
Description
Technical evaluation Questions have a total weighting of 70%

Numbers

Entry 1
Number
69
Weight
percentageExact
Criterion 3
Name
Commercial
Type
price
Description
Annual costs including the implementation for the first year Rate cards

Numbers

Entry 1
Number
30
Weight
percentageExact

Contract period

Ends
30 Jun 2030, 23:59
Starts
1 Jul 2025, 00:00
Max Extent Date
30 Jun 2033, 23:59

Selection criteria

Criteria

Criterion 1
Type
economic
Description
Professional Indemnity (PI) - £1,000,000 Cyber Essential insurance £1,000,000 Employers Liability (EL) - £10,000,000 Public Liability (PL) - £5,000,000
Criterion 2
Type
technical
Description
Please refer to the tender documentation

Items and delivery

Item 1
Id
1
Related Lot
1

Delivery locations

Entry 1
Region
UK
Country
GB
Country Name
United Kingdom

Additional Classifications

Entry 1
Id
72000000
Scheme
CPV
Description
IT services: consulting, software development, Internet and support

Published documents

Entry 1
Id
future
Document Type
biddingDocuments
Entry 2
Id
conflictOfInterest
Description
Not published
Document Type
conflictOfInterest
Entry 3
Id
010484-2025
Format
text/html
Notice Type
UK4
Description
Tender notice on Find a Tender
Document Type
tenderNotice
Published
20 Mar 2025, 15:51

Planning and budget

No Engagement Notice Rationale
A speculative notice was issued under the PCR2015

Buyer, suppliers and contacts

Organisation 1
Id
GB-PPON-PCWM-6438-QYVP
Name
Development Bank of Wales

Roles

buyer

Address

Region
UKL22
Country
GB
Locality
Cardiff
Postal Code
CF10 4BZ
Country Name
United Kingdom
Street Address
Development Bank of Wales plc

Details

Classifications

Entry 1
Id
publicAuthorityCentralGovernment
Scheme
UK_CA_TYPE
Description
Public authority - central government
Entry 2
Id
GB-WLS
Scheme
UK_CA_DEVOLVED_REGULATIONS
Description
Welsh devolved regulations apply

Identifier

Id
PCWM-6438-QYVP
Scheme
GB-PPON

Contact

Name
Leanne Millard
Telephone
029 20801715
Organisation 2
Id
GB-PPON-PGGC-2348-BVLG
Name
Wavenet Limited

Roles

supplier

Address

Region
UKG32
Country
GB
Locality
Solihull
Postal Code
B90 8BG
Country Name
United Kingdom
Street Address
At One Central Boulevard

Control

Description
Venetia Copper Philip Grannum Stewart Motler At One Central Boulevard, Solihull, B90 8BG Thetis Parentco Limited - Ropemaker Place, 28 Ropemaker Street, London EC2Y 9HD Thetis Midco Limited - Ropemaker Place, 28 Ropemaker Street, London EC2Y 9HD Wn Corporate Limited - Second Floor One Central Boulevard, Central Boulevard Blythe Valley Park, Shirley, Solihull B90 8BG William Dawson - One Central Boulevard, Solihull B90 8BG Macquarie Group Limited - 1 Elizabeth Street, Sydney AU-NSW 2000 Thetis Bidco Limited - Second Floor One Central Boulevard, Central Boulevard Blythe Valley Park, Shirley, Solihull B90 8BG Thetis Topco Limited - Ropemaker Place, 28 Ropemaker Street, London EC2Y 9HD Mprc Europe Ltd - Ropemaker Place, 28 Ropemaker Street, London EC2Y 9HD Macquarie Principal Finance UK Limited - Ropemaker Place, 28 Ropemaker Street, London EC2Y 9HD

Details

Vcse
No
Scale
large
Sheltered Workshop
No
Public Service Mission Organization
No

Identifier

Id
PGGC-2348-BVLG
Scheme
GB-PPON

Contact

Telephone
0121 18120215

Award information

Award 1
Id
1
Date
7 Jul 2025, 00:00
Title
IT Security Services
Status
active
Has Options
Yes
Has Renewal
Yes
Above Threshold
Yes
Main Procurement Category
services
Assessment Summaries Date Sent
8 Jul 2025, 00:00

Items

Item 1
Id
1
Related Lot
1

Delivery locations

Entry 1
Region
UK
Country
GB
Country Name
United Kingdom
Entry 2
Region
UK
Country
GB
Country Name
United Kingdom

Additional Classifications

Entry 1
Id
72000000
Scheme
CPV
Description
IT services: consulting, software development, Internet and support

Value

Amount
1,500,000
Currency
GBP
Including VAT
1,800,000

Options

Description
Additional services and project work may be required

Renewal

Description
12 month increments

Documents

Entry 1
Id
038257-2025
Format
text/html
Notice Type
UK6
Description
Contract award notice on Find a Tender
Document Type
awardNotice
Published
8 Jul 2025, 14:02

Suppliers

Supplier 1
Id
GB-PPON-PGGC-2348-BVLG
Name
Wavenet Limited

Milestones

Entry 1
Id
1
Type
futureSignatureDate
Status
scheduled
Due
21 Jul 2025, 23:59

Related lots

1

Contract period

Ends
17 Jul 2030, 23:59
Starts
22 Jul 2025, 00:00
Max Extent Date
17 Jul 2033, 23:59

Standstill Period

Ends
18 Jul 2025, 23:59

Contracts and changes

Entry 1
Id
1
Title
IT Security Services
Status
active
Award ID
1
Date Signed
30 Jul 2025, 00:00
Has Options
Yes
Has Renewal
Yes
Above Threshold
Yes

Value

Amount
1,500,000
Currency
GBP
Including VAT
1,800,000

Period

Ends
30 Jul 2030, 23:59
Starts
31 Jul 2025, 00:00
Max Extent Date
30 Jul 2033, 23:59

Options

Description
Additional services and consultancy may be required

Renewal

Description
3 years in 12 month increments

Documents

Entry 1
Id
044725-2025
Format
text/html
Notice Type
UK7
Description
Contract details notice on Find a Tender
Document Type
contractNotice
Published
31 Jul 2025, 12:48

Agreed Metrics

Entry 1
Id
1
Title
Resolving threats

Observations

Entry 1
Id
frequency

Period

Duration In Months
1

Recorded locations

  • Buyer location · Cardiff · UKL22 · CF10 4BZ · United Kingdom
  • Delivery location · UK · United Kingdom

Notice and amendment history

1 published notice version reviewed by ProcuraAxis.

1 VERSION
  1. ocds-h6vhtk-04efe9-2025-07-31T12:48:14+01:00Tender notice on Find a Tender ·