The Provision of Credit Referencing Services

Contract details

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ID:

167150-1

OCID:

ocds-h6vhtk-060349

Contract type:

Services

Procedure type:

Open

Contract award notice ref:

JUN631430

Internal ref:

Portal ref: 167150

Contact catergory:

C - Local contract let on behalf of one buyer

Buyer:

Development Bank of Wales

Primary CPV code:

66000000

Additional CPV code(s):

Is framework:

No

Carbon reduction plan:

Options:

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.

Purchasing team:

N/a

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Contract dates

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Date awarded:

26 June 2026

Start date:

01 July 2026

End date:

30 June 2030

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Contract extensions

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Max extension options available:

0 (months)

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Additional information

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Additional information:

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Contact details

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Contract name:

Sarah Patnett

Contract email:

sarah.patnett@developmentbank.wales

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