← Back to opportunities

iXBRL Tagging of Financial Statements

Development Bank of Wales

Buyer Contact Info

Buyer Name: Development Bank of Wales

Buyer Address: Development Bank of Wales plc, Cardiff, UKL22, CF10 4BZ, United Kingdom

Contact Name: Leanne Millard

Contact Email: leanne.millard@developmentbank.wales

Contact Telephone: +442920801715

Status
complete
Procedure
open
Value
100000.0 GBP
Published
18 Feb 2026, 15:37
Deadline
n/a
Contract Start
03 Mar 2026, 00:00
Contract End
01 Mar 2027, 23:59
Category
n/a
CPV
66152000 - Financial market regulatory services
Region
n/a
Awarded To
Azets Holdings Limited
Official Source
Open Find a Tender

Description

The Development Bank of Wales issued a UK 4 notice in January 2026 alerting the market that we were undertaken a procurement activity for iXBRL tagging of financial statements via an open procedure in line with the procurement act 2023. The evaluation has now concluded and we intend to award the contract. The Development Bank of Wales are looking to procure an external provider to perform XBRL (iXBRL) tagging of the company’s statutory financial statements in compliance with HMRC regulations for Corporation Tax submissions. Introduction This document sets out the requirements for procuring an external provider to perform XBRL (iXBRL) tagging of the company’s statutory financial statements in compliance with HMRC regulations for Corporation Tax submissions. Objectives Ensure statutory accounts are accurately tagged using HMRC-approved taxonomies. Facilitate automated processing and submission of Corporation Tax returns. Scope of Work The external provider will: Apply XBRL tags to the final audited and signed statutory accounts (30 in FY25 but this number is not fixed, and we reserve the right to change).Use the appropriate HMRC-approved taxonomy (IFRS).Validate the tagged accounts against HMRC standards. Deliver a fully compliant iXBRL file for submission with the CT600 returns. Directly liaise with tax advisors to facilitate submission of the CT600 returns Deliverables Tagged iXBRL file of statutory accounts. Validation report confirming compliance. Mapping documentation for reference. Timing Work will be carried out in Q4 of the financial year, after: Audit completion and sign-off. requirements. IFRS taxonomy Validation using HMRC Gateway or approved software. Provider Requirements Demonstrated experience in XBRL tagging for UK statutory accounts. Use of HMRC-recognized software tools. Ability to meet deadlines and provide responsive support. Provide a named client relationship manager Demonstrated experience of liaising with third party tax advisors On-site attendance as required by DBW Quality Assurance Internal review of tagged accounts before submission. Provider to make corrections promptly if required.

Linked Documents

No linked documents found for this notice.

Opportunity Context

Lots

Lot 1 Status: complete

Awards

Award Title: iXBRL Tagging for financial statements

Raw Notice JSON

Expand raw payload
{
  "awards": [
    {
      "aboveThreshold": true,
      "assessmentSummariesDateSent": "2026-02-18T00:00:00+00:00",
      "contractPeriod": {
        "endDate": "2027-03-01T23:59:59+00:00",
        "maxExtentDate": "2036-03-01T23:59:59+00:00",
        "startDate": "2026-03-03T00:00:00+00:00"
      },
      "date": "2026-02-12T00:00:00+00:00",
      "documents": [
        {
          "datePublished": "2026-02-18T15:37:45Z",
          "description": "Contract award notice on Find a Tender",
          "documentType": "awardNotice",
          "format": "text/html",
          "id": "014895-2026",
          "noticeType": "UK6",
          "url": "https://www.find-tender.service.gov.uk/Notice/014895-2026"
        }
      ],
      "hasRenewal": true,
      "id": "1",
      "items": [
        {
          "additionalClassifications": [
            {
              "description": "Financial market regulatory services",
              "id": "66152000",
              "scheme": "CPV"
            }
          ],
          "deliveryAddresses": [
            {
              "country": "GB",
              "countryName": "United Kingdom",
              "region": "UK"
            }
          ],
          "id": "1",
          "relatedLot": "1"
        }
      ],
      "mainProcurementCategory": "services",
      "milestones": [
        {
          "dueDate": "2026-03-02T23:59:59+00:00",
          "id": "1",
          "status": "scheduled",
          "type": "futureSignatureDate"
        }
      ],
      "relatedLots": [
        "1"
      ],
      "renewal": {
        "description": "9 years in 36-month increments"
      },
      "standstillPeriod": {
        "endDate": "2026-02-27T23:59:59+00:00"
      },
      "status": "pending",
      "suppliers": [
        {
          "id": "GB-PPON-PRBY-2927-ZZDY",
          "name": "Azets Holdings Limited"
        }
      ],
      "title": "iXBRL Tagging for financial statements",
      "value": {
        "amount": 100000,
        "amountGross": 120000,
        "currency": "GBP"
      }
    }
  ],
  "bids": {
    "statistics": [
      {
        "id": "1",
        "measure": "bids",
        "relatedLot": "1",
        "value": 1
      },
      {
        "id": "2",
        "measure": "finalStageBids",
        "relatedLot": "1",
        "value": 1
      },
      {
        "id": "3",
        "measure": "smeFinalStageBids",
        "relatedLot": "1",
        "value": 0
      },
      {
        "id": "4",
        "measure": "vcseFinalStageBids",
        "relatedLot": "1",
        "value": 0
      }
    ]
  },
  "buyer": {
    "id": "GB-PPON-PCWM-6438-QYVP",
    "name": "Development Bank of Wales"
  },
  "date": "2026-02-18T15:37:45Z",
  "id": "014895-2026",
  "initiationType": "tender",
  "language": "en",
  "ocid": "ocds-h6vhtk-06003a",
  "parties": [
    {
      "address": {
        "country": "GB",
        "countryName": "United Kingdom",
        "locality": "Cardiff",
        "postalCode": "CF10 4BZ",
        "region": "UKL22",
        "streetAddress": "Development Bank of Wales plc"
      },
      "contactPoint": {
        "email": "leanne.millard@developmentbank.wales",
        "name": "Leanne Millard",
        "telephone": "+442920801715"
      },
      "details": {
        "classifications": [
          {
            "description": "Public authority - central government",
            "id": "publicAuthorityCentralGovernment",
            "scheme": "UK_CA_TYPE"
          },
          {
            "description": "Welsh devolved regulations apply",
            "id": "GB-WLS",
            "scheme": "UK_CA_DEVOLVED_REGULATIONS"
          }
        ],
        "url": "http://www.developmentbank.wales"
      },
      "id": "GB-PPON-PCWM-6438-QYVP",
      "identifier": {
        "id": "PCWM-6438-QYVP",
        "scheme": "GB-PPON"
      },
      "name": "Development Bank of Wales",
      "roles": [
        "buyer"
      ]
    },
    {
      "address": {
        "country": "GB",
        "countryName": "United Kingdom",
        "locality": "London",
        "postalCode": "EC4R 9AN",
        "region": "UKI31",
        "streetAddress": "2nd Floor Regis House, 45 King William Street"
      },
      "contactPoint": {
        "email": "jonathan.rees@azets.co.uk"
      },
      "details": {
        "publicServiceMissionOrganization": false,
        "scale": "large",
        "shelteredWorkshop": false,
        "vcse": false
      },
      "id": "GB-PPON-PRBY-2927-ZZDY",
      "identifier": {
        "id": "PRBY-2927-ZZDY",
        "scheme": "GB-PPON"
      },
      "name": "Azets Holdings Limited",
      "roles": [
        "supplier"
      ]
    }
  ],
  "tag": [
    "award",
    "contract"
  ],
  "tender": {
    "description": "The Development Bank of Wales issued a UK 4 notice in January 2026 alerting the market that we were undertaken a procurement activity for iXBRL tagging of financial statements via an open procedure in line with the procurement act 2023.  The evaluation has now concluded and we intend to award the contract.\nThe Development Bank of Wales are looking to procure an external provider to perform XBRL (iXBRL) tagging of the company\u2019s statutory financial statements in compliance with HMRC regulations for Corporation Tax submissions. Introduction This document sets out the requirements for procuring an external provider to perform XBRL (iXBRL) tagging of the company\u2019s statutory financial statements in compliance with HMRC regulations for Corporation Tax submissions. Objectives Ensure statutory accounts are accurately tagged using HMRC-approved taxonomies. Facilitate automated processing and submission of Corporation Tax returns. Scope of Work The external provider will: Apply XBRL tags to the final audited and signed statutory accounts (30 in FY25 but this number is not fixed, and we reserve the right to change).Use the appropriate HMRC-approved taxonomy (IFRS).Validate the tagged accounts against HMRC standards. Deliver a fully compliant iXBRL file for submission with the CT600 returns. Directly liaise with tax advisors to facilitate submission of the CT600 returns Deliverables Tagged iXBRL file of statutory accounts. Validation report confirming compliance. Mapping documentation for reference. Timing Work will be carried out in Q4 of the financial year, after: Audit completion and sign-off. requirements. IFRS taxonomy Validation using HMRC Gateway or approved software. Provider Requirements Demonstrated experience in XBRL tagging for UK statutory accounts. Use of HMRC-recognized software tools. Ability to meet deadlines and provide responsive support. Provide a named client relationship manager Demonstrated experience of liaising with third party tax advisors On-site attendance as required by DBW Quality Assurance Internal review of tagged accounts before submission. Provider to make corrections promptly if required.",
    "id": "DBW00073.01",
    "legalBasis": {
      "id": "2023/54",
      "scheme": "UKPGA",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
    },
    "lots": [
      {
        "id": "1",
        "status": "complete"
      }
    ],
    "procurementMethod": "open",
    "procurementMethodDetails": "Open procedure",
    "status": "complete",
    "title": "iXBRL Tagging of Financial Statements"
  }
}