Award

Provision of Property Asset Valuation Services - Basingstoke

BASINGSTOKE & DEANE BOROUGH COUNCIL

This public procurement record has 2 releases in its history.

AwardUpdate

22 May 2020 at 10:23

Award Notice
Award

20 Feb 2019 at 15:19

Award Notice
Summary of the contracting process

The tender titled "Provision of Property Asset Valuation Services - Basingstoke" was initiated by Basingstoke & Deane Borough Council to procure consultancy services for valuing its property investment portfolio. This procurement falls under the real estate services industry category and took place in Basingstoke, located in the South East of England. The procurement was conducted through a framework using a further competition method. The tender period ended on 4th January 2019, and the contract commenced on 16th January 2019, with a duration extending until 31st March 2021. The total awarded contract value was £199,000.

This tender presents substantial opportunities for consultancy firms specialising in property valuation services, particularly those recognised as small and medium enterprises (SMEs). Companies with experience in real estate valuation and a strong understanding of commercial property investment will be well-equipped to compete in future tenders. The expertise in valuation consultancy is crucial as the council manages a significant property investment portfolio that necessitates regular professional assessments, thereby paving the way for potential bidders to engage in similar contracting opportunities.

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Notice Information

Notice Title

Provision of Property Asset Valuation Services - Basingstoke

Notice Description

Basingstoke and Deane Borough Council (the council) were looking to procure an asset valuation consultancy services in connection with valuation of its property investment portfolio. The Council has a significant commercial property investment portfolio which is valued annually. A proportion of these assets are valued internally by the Council and a proportion of assets are valued by external consultants on a yearly basis. Additional information: This tender was carried out using the Homes England Property Professional Service Framework

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-11317e04-ef08-4008-aab3-119d3d153f42
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9c2cf805-432f-49f4-a43f-62e1bcb622fa
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£199,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
22 May 20205 years ago
Submission Deadline
4 Jan 2019Expired
Future Notice Date
Not specified
Award Date
15 Jan 20197 years ago
Contract Period
16 Jan 2019 - 31 Mar 2021 2-3 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
BASINGSTOKE & DEANE BOROUGH 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
BASINGSTOKE
Postcode
RG21 4AH
Post Town
Reading
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ37 North Hampshire
Delivery Location
TLJ South East (England)
Local Authority
Basingstoke and Deane
Electoral Ward
Eastrop & Grove
Westminster Constituency
Basingstoke

Supplier Information

Number of Suppliers
1
Supplier Name

COLLIERS INTERNATIONAL PROPERTY ADVISERS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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