Awarded contract

A benchmarking review of fund management fees

Details

Topic
Financial and insurance services
Published
26 April 2024

Tender description

The Development Bank of Wales is inviting tenders for the undertaking of a benchmarking assessment of fund management fees. The benchmarking will consider public and private sector backed funds that provide various types of business finance to SMEs.

Timeline

  1. Completed: Award date14 May 2020
  2. Completed: Award published26 April 2024
    Current notice

About the buyer

Development Bank of Wales is a development finance company wholly owned by the Welsh Ministers. Its group includes subsidiaries regulated by the Financial Conduct Authority. Suppliers are assessed using the Supplier Qualification Information Database, SQuID. Staff are encouraged to use national frameworks established by the National Procurement Service. Procurement follows the Wales Procurement Policy Statement and weighs community benefits.

Over the past 5 years, most of Development Bank of Wales's contract awards have been in business services, education and training and financial and insurance services.

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Decision makers

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