Award

Asset Valuations of Council owned property

COPELAND BOROUGH COUNCIL

This public procurement record has 2 releases in its history.

Award

27 Nov 2020 at 14:01

Tender

16 Oct 2020 at 13:57

Summary of the contracting process

Copeland Borough Council is seeking external valuers for the "Asset Valuations of Council owned property" tender. This contract, identified as COPE001-DN505181-57772962, involves valuing approximately 170 properties over a three-year period, covering accounting periods ending on 31st March 2021, 31st March 2022, and 31st March 2023. The tender was published on 16th October 2020 and closed on 9th November 2020. This procurement falls under the services category, specifically for technical analysis or consultancy services, and was conducted via an open procurement method. The contract is set to commence on 18th November 2020 and conclude on 17th November 2023, with a total value of £36,000.

This tender presents significant growth opportunities for small and medium-sized enterprises (SMEs) with expertise in property valuation and consultancy services. Businesses that specialise in asset management or have experience in local government contracts would be particularly well-suited to compete. As the council looks to ensure accurate property evaluations for financial accounting, participants in this tender can contribute to the effective management and valuation of public assets, establishing long-term partnerships with the council.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Asset Valuations of Council owned property

Notice Description

Copeland Borough Council is seeking to appoint external valuers to undertake asset valuations of its property portfolio for the three financial accounting period ending 31st March 2021, 31st March 2022, and 31st March 2023. The valuations are required for capital accounting purposes and the preparation of the year end accounts for the periods 2020/21, 2021/22 and 2022/23. The commission is for a period of three years. This commission will cover: * The Council's operational and non-operational assets, there are currently around 170 in the portfolio, in order to rebase the accounts and reflect any value changes which have arisen since they were last valued. * The valuation of any new or altered asset where either physical or economic impairment has arisen, capital expenditure has been incurred, or part disposals have taken place. * Valuation apportionments for assets where disposals have arisen during the course of the relevant financial year. * For all operational properties a reconsideration of their remaining useful asset life, and an apportionment of value for each between land and buildings for the purposes of calculating depreciation, together with componentisation advice where applicable.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-11343b72-d5c4-46e8-b834-aa4cbfe951f0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b32952a9-5920-4603-8908-c97d2f898491
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services


CPV Codes

71621000 - Technical analysis or consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£36,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Nov 20205 years ago
Submission Deadline
9 Nov 2020Expired
Future Notice Date
Not specified
Award Date
24 Nov 20205 years ago
Contract Period
3 Dec 2020 - 2 Dec 2023 2-3 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
COPELAND 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
WHITEHAVEN
Postcode
CA28 7SJ
Post Town
Carlisle
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD1 Cumbria
Small Region (ITL 3)
TLD13 Cumberland
Delivery Location
TLD North West (England)

Local Authority
Cumberland
Electoral Ward
Kells and Sandwith
Westminster Constituency
Whitehaven and Workington

Supplier Information

Number of Suppliers
1
Supplier Name

EDWIN THOMPSON

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-11343b72-d5c4-46e8-b834-aa4cbfe951f0-2020-11-27T14:01:01Z",
    "date": "2020-11-27T14:01:01Z",
    "ocid": "ocds-b5fd17-11343b72-d5c4-46e8-b834-aa4cbfe951f0",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "COPE001-DN505181-57772962",
        "title": "Asset Valuations of Council owned property",
        "description": "Copeland Borough Council is seeking to appoint external valuers to undertake asset valuations of its property portfolio for the three financial accounting period ending 31st March 2021, 31st March 2022, and 31st March 2023. The valuations are required for capital accounting purposes and the preparation of the year end accounts for the periods 2020/21, 2021/22 and 2022/23. The commission is for a period of three years. This commission will cover: * The Council's operational and non-operational assets, there are currently around 170 in the portfolio, in order to rebase the accounts and reflect any value changes which have arisen since they were last valued. * The valuation of any new or altered asset where either physical or economic impairment has arisen, capital expenditure has been incurred, or part disposals have taken place. * Valuation apportionments for assets where disposals have arisen during the course of the relevant financial year. * For all operational properties a reconsideration of their remaining useful asset life, and an apportionment of value for each between land and buildings for the purposes of calculating depreciation, together with componentisation advice where applicable.",
        "datePublished": "2020-10-16T14:57:20+01:00",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "71621000",
            "description": "Technical analysis or consultancy services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "North West",
                        "countryName": "United Kingdom"
                    },
                    {
                        "region": "North West",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "procurementMethodDetails": "Open procedure",
        "tenderPeriod": {
            "endDate": "2020-11-09T12:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2020-11-18T00:00:00Z",
            "endDate": "2023-11-17T23:59:59Z"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services",
        "documents": [
            {
                "id": "1",
                "documentType": "tenderNotice",
                "description": "Opportunity notice on Contracts Finder",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/32d70855-8b93-4b6a-99ab-fda3e2284d57",
                "datePublished": "2020-10-16T14:57:20+01:00",
                "format": "text/html",
                "language": "en"
            },
            {
                "id": "2",
                "documentType": "tenderNotice",
                "description": "Advert",
                "url": "https://procontract.due-north.com/Advert?advertId=710bf5c1-b50f-eb11-8105-005056b64545"
            }
        ],
        "procurementMethod": "open"
    },
    "parties": [
        {
            "id": "GB-CFS-74920",
            "name": "Copeland Borough Council",
            "identifier": {
                "legalName": "Copeland Borough Council"
            },
            "address": {
                "streetAddress": "Copeland Borough Council, The Copeland Centre",
                "locality": "Whitehaven",
                "postalCode": "CA28 7SJ",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Procurement Officer",
                "email": "Procurement@copeland.gov.uk",
                "telephone": "+44 1946598526"
            },
            "details": {
                "url": "http://www.copeland.gov.uk/"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-156485",
            "name": "Edwin Thompson LLP",
            "identifier": {
                "legalName": "Edwin Thompson LLP"
            },
            "address": {
                "streetAddress": "CA12 5AF"
            },
            "details": {
                "scale": "sme",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-74920",
        "name": "Copeland Borough Council"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-11343b72-d5c4-46e8-b834-aa4cbfe951f0-1",
            "status": "active",
            "date": "2020-11-24T00:00:00Z",
            "datePublished": "2020-11-27T14:01:01Z",
            "value": {
                "amount": 36000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-156485",
                    "name": "Edwin Thompson LLP"
                }
            ],
            "contractPeriod": {
                "startDate": "2020-12-03T00:00:00Z",
                "endDate": "2023-12-02T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/b32952a9-5920-4603-8908-c97d2f898491",
                    "datePublished": "2020-11-27T14:01:01Z",
                    "format": "text/html",
                    "language": "en"
                },
                {
                    "id": "2",
                    "documentType": "tenderNotice",
                    "description": "Advert",
                    "url": "https://procontract.due-north.com/Advert?advertId=710bf5c1-b50f-eb11-8105-005056b64545"
                }
            ]
        }
    ]
}