Award

PR402024 Asset Valuation - Framework Further Competition

EXETER CITY COUNCIL

This public procurement record has 1 release in its history.

Award

31 Jul 2025 at 18:43

Summary of the contracting process

The procurement process undertaken by Exeter City Council involved a framework further competition titled "PR402024 Asset Valuation - Framework Further Competition," classified under the real estate services industry category. The contract was awarded on 9th February 2025 and is valued at £226,590. The procurement addressed valuation services for various council assets, with the contract scheduled to run from 10th February 2025 to 9th February 2029. This tender, part of the Crown Commercial Services RM6168, Lot 5 framework, is described as 'Other' in terms of procurement method. The process was initially set to close by 14th January 2025, before being awarded shortly thereafter.

This tender represents a significant opportunity for businesses specialising in real estate and asset valuation services, particularly small and medium-sized enterprises (SMEs), which are deemed suitable. With a projected budget of £200,000 and a four-year contract period, companies in England involved in capital accounting and asset management could significantly benefit from participating. This procurement provides a stable business growth platform for those aiming to develop long-term relationships with public sector entities and enhance their portfolio in asset valuation services. Bruton Knowles Limited, a small enterprise, successfully secured the contract, showing the competitive potential for similar-sized firms looking to expand.

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Notice Title

PR402024 Asset Valuation - Framework Further Competition

Notice Description

Asset valuation Services for capital accounting purposes of the council's portfolio of around 140 Investment, 200 operational, and 4700 Housing Stock assets (the latter category being a desk top valuation exercise, with a re-valuation of "Beacon" properties in 2029). Further competition under Framework Agreement Crown Commercial Services RM6168, Lot 5

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0014fe04-82d4-4b8b-ab18-0fa59f1a25a0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/945c6646-bce9-4b79-ad12-fb50b8885d70
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services


CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
£200,000 £100K-£500K
Lots Value
Not specified
Awards Value
£226,590 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
31 Jul 20256 months ago
Submission Deadline
14 Jan 2025Expired
Future Notice Date
Not specified
Award Date
9 Feb 20251 years ago
Contract Period
10 Feb 2025 - 9 Feb 2029 4-5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
EXETER CITY COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
EXETER
Postcode
EX1 1JN
Post Town
Exeter
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK4 Devon
Small Region (ITL 3)
TLK43 Devon CC
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
Exeter
Electoral Ward
St David's
Westminster Constituency
Exeter

Supplier Information

Number of Suppliers
1
Supplier Name

BRUTON KNOWLES

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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