Awarded contract

AI consultant

Details

Supplier(s)
VISVIRA LIMITED
Topic
Education and training services
Published
24 February 2026

Tender description

DBW has undertaken preliminary exploratory work to create prototype AI‑enabled workflows for two high‑priority use cases: Sanction Paper Production Legal Work Processing This initial discovery and prototyping took place during the previous year and established a foundation for further development. To move from prototype to a fully operational, safe, and repeatable AI‑augmented workflow, specialist technical support is required. The provider being considered for direct award has already undertaken the initial prototyping work. They therefore hold unique understanding of DBW’s operational context, data structures, previous iterations, and risk‑control expectations. Re‑running a competitive process would introduce unnecessary delay, duplication of effort, increased cost, and operational risk, given the requirement to build directly on the previous prototyping phase.

Timeline

  1. Completed: Award published24 February 2026
    Current notice
  2. Completed: Award date24 February 2026

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.

AI insights

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