The Provision of Credit Referencing Services
Development Bank of Wales · Wales
Key facts
- Contract value
- £1,506,839
- Awarded
- 25 Jun 2026
- Contract starts
- 30 Jun 2026
- Contract ends
- 30 Jun 2030
- Procedure
- Open procedure
- Buyer type
- Central government
- Source
- Find a Tender
Awarded to
| Supplier | Value |
|---|---|
| Experian Ltd | £1,506,839 |
Description
The Development Bank of Wales issued a UK 6 Notice on 30 March 2026 alerting the market that DBW was intending to award a contract to Experian Ltd. Summary of the requirement: 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.
Categories (CPV)
- 66000000 Financial and insurance services
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