Awarded contract

IT Security Services

Details

Supplier(s)
Wavenet Ltd
Value
GBP 1,500,000
Duration
5 years
Topic
IT services: consulting, software development, Internet and support
Published
8 July 2025

Tender description

The Development Bank of Wales undertook a competitive flexible procedure, this notice is to notify that we have entered into a contract with the successful supplier. The Scope: The Development Bank of Wales currently operate a security operation model that is split across multiple providers and technologies. To help reduce the complexity of this approach and improve our ability to effectively monitor, respond to, and mitigate security threats, the Banc are investigating the feasibility of implementing a unified Microsoft security operations platform, the day-to-day management of which would be supported by a single provider. This transition will not only streamline our processes and technology, but also increase the efficiency of our incident response efforts and reduce the potential for gaps in our security posture caused by the fragmentation of tools and services. Currently, our Azure services are handled by Service Provider A, which focuses on optimising our cloud infrastructure. Service Provider B is responsible for managing our Microsoft 365 environment and on-premises infrastructure, ensuring that both are configured and maintained to meet our operational needs. Additionally, our managed detection and response (MDR) services are provided by Service Provider C, which utilises their own proprietary platform to deliver continuous monitoring, threat detection, and incident response across our IT estate. The Banc is investigating replacing Service Provider C with a new Service Provider that will take over the managed detection and response function, utilising the Microsoft unified security platform. They will be responsible for the implementation, configuration and on going management of the platform, and providing proactive advice and recommendations to improve the security of our Microsoft estate, drawing on Microsoft’s insights, but will not be responsible for any configuration outside of the security platform. The new provider will collaborate closely with Service Providers A and B to align security practices ensuring that our entire IT environment remains protected against emerging threats. ## Contract award Title: IT Security Services

Timeline

  1. Completed: Award date7 July 2025
  2. Completed: Award published8 July 2025
    Current notice
  3. Next: Contract expiry date17 July 2030in 4 years

About the buyer

Development Bank of Wales is a public sector buyer in United Kingdom publishing tenders and awards on Stotles. Explore their procurement activity and find more opportunities like this one.

Relevant CPV codes

  • 72000000 · IT services: consulting, software development, Internet and support

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