Find a Tender · Historical
Award of Review of the Business Finance Landscape in Wales
Historical: no longer open for bids.
01/ The notice
Key facts
- Value
- £125,000Estimated value stated in the notice
- Deadline (UK time)
- Mon 28 Sep 2026, 12:00 BSTA deadline does not apply to this historical notice. The source records Mon 28 Sep 2026, 12:00 BST, which is not an open deadline.
- Published
- 21 Oct 2026
- Region
- Not stated
02/ The brief
What the notice says
Not fully read: this is the notice text; attached documents are not read.
The Development Bank of Wales has completed an open procedure for the appointment of an appropriately qualified economic consultancy or research provider to undertake an independent review of the business finance landscape in Wales.
The contract covers an initial Phase 1 review to assess how effectively current public, private and alternative finance provision meets the present and anticipated future needs of businesses in Wales. It includes mapping the existing finance landscape, assessing supply and demand, identifying finance gaps, market frictions, affordability constraints and potential market failures, undertaking targeted stakeholder engagement, and producing independent, evidence-led and decision-ready findings and recommendations.
The contract also includes options for additional thematic research or related services, subject to the outcomes of Phase 1, budget availability, internal approvals and future commissioning decisions. These optional services are not guaranteed.
Following evaluation of the tenders received, the Development Bank of Wales intends to enter into the contract with Grant Thornton UK Advisory & Tax LL. The contract has an initial term of 12 months, with options to extend by up to three further 12-month periods
The value stated in this notice reflects the awarded Phase 1 requirement only. As detailed in the tender documentation and UK4 Tender Notice, additional phases may be commissioned subject to the availability of Welsh Government funding and may increase the total contract value.
03/ Classification
CPV codes
Common Procurement Vocabulary codes, exactly as the notice lists them. No descriptions are added here.
- 73000000
- 75210000
- 79400000
04/ History
Releases of this notice
3 releases held, oldest first. Dates are UK time.
- 13 Aug 2026Planning notice
Planning notice published 13 August 2026.
Release 077312-2026
View this release on Find a Tender (opens in a new tab) - 3 Sep 2026Tender notice
Tender notice published 3 September 2026. The notice text changed; the source gives no change note.
Deadline in this release: Mon 28 Sep 2026, 12:00 BST.
Release 083605-2026
View this release on Find a Tender (opens in a new tab) - 21 Oct 2026Notice
Notice published 21 October 2026. The notice text changed; the source gives no change note.
Release 099293-2026
View this release on Find a Tender (opens in a new tab)
05/ Limits
What the source does not tell us
- None recorded for the fields above. Attached documents are not read, so this is not a full account of the tender.
06/ Questions
About this notice
07/ Tender hubs
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08/ Related
Where to go next
These links follow a fixed rule applied to this notice’s buyer, text and CPV codes. They are not advice on whether to bid.
- Reference
- ocds-h6vhtk-06e3be
- Source
- Find a Tender
- Stage
- award · Awarded
- Last verified
- Thu 22 Oct 2026, 07:08 BST
- Read at
- Fri 23 Oct 2026, 04:34 BST
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