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Planned procurement · Notice 097450-2026

Enterprise Risk Management (ERM) System

Transport for Wales (TFW)

Value
£349k
Stage
Early notice
Where
Wales
Lots
1
Suitable for SMEs
Yes, says the buyer
Contract
1 May 2027 – 30 Apr 2029

In plain English

Transport for Wales is running preliminary market engagement for an Enterprise Risk Management software system, covering risks, issues, controls and actions across strategic, operational and project levels, with an estimated value of £348,544. The planned contract runs from 1 May 2027 to 30 April 2029, UK-wide, and this is not yet open for bids: suppliers are first asked to complete a questionnaire.

Good fit for: Software suppliers offering risk management platforms with workflows, dashboards, analytics and Microsoft 365 integration.

The catch (with the notice's own words):
  • Not a bid yet, just market questionnaire Engagement will be undertaken initially through a supplier questionnaire, with potential follow-up discussions with selected suppliers if required.
  • Taking part doesn't guarantee a place in later tender participation in this engagement does not imply selection for, or progression to, any subsequent stage of a procurement process.

Written with AI from the official notice. Check the notice before relying on it.

What the buyer says

Transport for Wales (TfW) is undertaking preliminary market engagement in relation to the procurement of an Enterprise Risk Management (ERM) System. The solution will support a modern, integrated approach to identifying, recording, assessing and managing risks, opportunities, issues, controls and actions across strategic, operational, portfolio, programme and project levels. The system is expected to include capabilities such as configurable workflows, risk escalation, reporting and dashboards, Key Risk Indicators (KRIs) and analytics, Quantified Risk Analysis (QRA), AI-enabled insights and automation, alerts and notifications, document management, application programming interfaces (APIs), Microsoft 365 and other system integrations, robust security and hosting arrangements, and an intuitive user experience. This engagement will help TfW understand current market capabilities, emerging technologies, implementation approaches, support models, commercial arrangements and indicative implementation timescales. Engagement will be undertaken initially through a supplier questionnaire, with potential follow-up discussions with selected suppliers if required. Any such discussions will be at TfW's discretion and participation in this engagement does not imply selection for, or progression to, any subsequent stage of a procurement process.

What happens next

This is an early notice: the buyer is planning a tender, and its documents come when the tender is published. Read the official notice for the details.

Procedure: not stated. Published 15 Oct 2026.

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