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The Provision of Credit Referencing Services

Tender Overview

LOCATION

United Kingdom, United Kingdom

VALUE

£1,500,000

DEADLINE

February 13, 2026 at 12:00

CATEGORY

Other

CPV CODE

66000000

REFERENCE

002065-2026

Project Timeline

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Contact Information

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Original Tender Description

The Development Bank of Wales Group (DBW) is undertaking a key strategic project aimed at driving operational efficiencies, enhancing data accuracy and improving scalability throughout the customer journey. As part of this initiative, we are seeking a collaborative partner to deliver an integrated solution that streamlines our customer due diligence and credit risk assessment processes using commercial and consumer credit bureau data; eliminating manual data entry and enabling intelligent and responsible lending decisions. DBW currently operates two separate systems; one focused on identity and address verification, PEPs, Sanctions, adverse media, law enforcement and consumer monitoring, the other a credit referencing solution, providing reports on companies, consumers, directors, international business, consumer watchlist and company monitoring. This dual system approach presents an opportunity for consolidation of services. The DBW Group currently utilises a web-based service for its credit referencing solution. This is used by all companies within the DBW Group. The identity and address solution is used by DBW Investments and Green Homes Wales; this is a web-based application for sending IDV links and reviewing the outputs. Please refer to the Invitation to Tender for the full specification. Please note the contract value is an estimate
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ELIGIBILITY REQUIREMENTS

  • Must hold specific professional liability insurance.
  • Must hold specific cyber liability insurance.
  • Must hold specific employers' liability insurance.
  • Must hold specific public liability insurance.
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TECHNICAL CAPABILITY REQUIREMENTS

  • Must deliver an integrated solution for customer due diligence and credit risk assessment.
  • Solution must streamline customer due diligence processes.
  • Solution must streamline credit risk assessment processes.
  • Solution must utilize commercial credit bureau data.
  • Solution must utilize consumer credit bureau data.
  • Solution must eliminate manual data entry.
  • Solution must enable intelligent lending decisions.
  • Solution must enable responsible lending decisions.
  • Solution must be capable of consolidating existing dual systems (IDV/monitoring and credit referencing).
  • Solution must provide identity and address verification.
  • Solution must provide PEPs (Politically Exposed Persons) screening.
  • Solution must provide Sanctions screening.
  • Solution must provide adverse media screening.
  • Solution must provide law enforcement checks.
  • Solution must provide consumer monitoring.
  • Solution must provide credit referencing reports on companies.
  • Solution must provide credit referencing reports on consumers.
  • Solution must provide credit referencing reports on directors.
  • Solution must provide credit referencing reports on international business.
  • Solution must provide a consumer watchlist.
  • Solution must provide company monitoring.
  • Solution for credit referencing must be web-based.
  • Solution for identity and address verification must be web-based.
  • Solution for identity and address verification must support sending IDV links.
  • Solution for identity and address verification must support reviewing IDV outputs.
  • The solution must be scalable throughout the customer journey.
  • The solution must enhance data accuracy.
  • The solution must drive operational efficiencies.
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SUBMISSION REQUIREMENTS

  • Submission must be made by 2026-02-13 12:00:00.
  • Bidders must refer to the Invitation to Tender (ITT) for the full specification and details.

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PDF
Official PDF Version
PDF002065-2026_official.pdf
Summary:
This tender notice from the Development Bank of Wales seeks a partner for an integrated credit referencing and due diligence solution, requiring specific professional, cyber, employers, and public liability insurance for participation.

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71
Good

Tender Quality Score

This tender presents a clear and innovative project, but suffers from significant deficiencies in evaluation criteria and e-submission, impacting transparency and fairness. While technical requirements are detailed, critical information for bidders is missing.

Score Breakdown

Legal Compliance75/100

The absence of a tender reveal date makes it impossible to verify compliance with minimum publication period requirements. Furthermore, the lack of specified evaluation criteria is a significant legal compliance issue, hindering transparency and fair competition.

•Missing tender reveal date
•No evaluation criteria specified
Clarity80/100

The project description and AI-extracted technical requirements are clear and detailed, outlining the scope and desired functionalities. However, the complete absence of evaluation criteria severely diminishes the clarity for bidders on how their proposals will be assessed.

•No evaluation criteria specified
Completeness70/100

Basic information, financial details, and timeline are well-provided. Technical requirements are detailed. However, the critical absence of evaluation criteria and ambiguity regarding the full Invitation to Tender (ITT) document's accessibility are notable gaps.

•No evaluation criteria specified
•Ambiguity regarding the availability of the full Invitation to Tender (ITT) document
Fairness60/100

The lack of specified evaluation criteria is a major fairness concern, as it prevents objective and transparent assessment of bids. The absence of e-submission also creates an unnecessary barrier to equal access. While requirements are detailed, they do not appear overtly tailored to a specific company.

•No evaluation criteria specified
•No e-submission
Practicality65/100

The tender lacks support for electronic submission, which is a significant practical drawback in modern procurement. A direct URL for accessing tender documents is also not explicitly provided, potentially complicating access for interested parties.

•No e-submission
•No direct document URL provided
Data Consistency90/100

The data provided is largely consistent and logical, with key dates and financial information aligning. Minor inconsistencies include an empty 'Liable Person' field and 'N/A' codes for the procedure type, but these do not significantly impact overall data integrity.

•'Liable Person' field is empty
•'Type' and 'Procedure' codes are N/A
Sustainability50/100

The tender explicitly highlights an 'Innovation Focus,' which is a positive aspect. However, it completely lacks any explicit criteria or considerations for green procurement or social aspects, indicating a missed opportunity for broader sustainability integration.

•No explicit green procurement criteria
•No explicit social criteria

Strengths

Clear and detailed project description
Comprehensive AI-extracted technical requirements
Value, duration, and contract start date are clearly specified
Explicit focus on innovation
Appropriate CPV code assigned

Concerns

Absence of evaluation criteria, significantly impacting clarity, completeness, and fairness
Missing tender reveal date, making legal compliance assessment difficult regarding minimum publication periods
Lack of electronic submission (e-submission), hindering accessibility and efficiency
Ambiguity regarding the full Invitation to Tender (ITT) document availability and access
No explicit green or social procurement criteria

Recommendations

1. Immediately publish detailed evaluation criteria to ensure transparency and allow bidders to prepare relevant proposals.
2. Ensure the full Invitation to Tender (ITT) document is easily accessible, ideally via a direct URL, and clarify its status.
3. Implement an e-submission platform for future tenders to enhance accessibility, efficiency, and fairness.

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Tender Quality Score
71/ 100 · Good
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