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AwardedAwarded 30 January 2026

Pay and Benefits Benchmarking review

Development Bank of Wales · Central government

In brief

Development Bank of Wales awarded research work to Mercer Limited on 30 January 2026.

The notice gives a value of £180,000 excluding VAT.

The contract runs for 3 years, up to 6 years with extensions, starting 8 December 2025.

The buyer says it is suitable for small and medium-sized businesses.

Built from the notice's own fields. Always check the official notice before you bid.

What the notice says

The Development Bank of Wales has awarded a contract following a competitive procurement process in accordance with the Procurement Act 2023. The awarded contract covers the provision of services to support DBW in delivering Pay and Benefits Benchmarking review. The evaluation was undertaken against the published criteria, including quality, and price Following evaluation, the contract was awarded to Mercer as the most advantageous tender (MAT). The contract will commence in February 2026 and is expected to run until February 2027, with options to extend where specified in the procurement documents. If extensions are taken the contract will run until February 2032. Further details, including total contract value, procurement route, and key deliverables, are available in the published Contract Award Notice on Find a Tender.

Who won

WinnerValueDates
Mercer Limited
6 bids received
£180,000
Awarded 11 December 2025
2 February 2026 to 1 February 2029

Values as the award notice gives them, excluding VAT where stated.

Timeline

  1. Planned procurement notice · UK3, notice 062838-2025
  2. Tender notice · UK4, notice 063741-2025
  3. Contract award notice · UK6, notice 082966-2025
  4. Contract details notice · UK7, notice 025464-2026

About the buyer

Development Bank of WalesLast 12 months

Procurements

16

Awards

12

Suppliers it has used most for research

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From notice 062838-2025 on Find a Tender, first published 7 October 2025, last updated 19 March 2026. We last checked for changes on 28 September 2026.