Award
Awarded Contract for the Provision of Global Estate Asset Valuation Services - MENA
FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE
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Contract Timeline
- Publication Date
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29th October 2024 17:06:39 PM
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Contract Summary
The Foreign, Commonwealth and Development Office (FCDO) has estate property around the world (including the United Kingdom) and operates in over 280 different locations. The estate comprises Embassies & High Commissions (anything from a stand-alone, freehold building on a secure compound, to a fitted-out leased office in a multi-occupied, high-rise building), visa offices, Residences for Heads of Post and residential buildings for diplomats. Additionally, there are individual "legacy" properties such as churches, cemeteries, etc. The FCDO has a financial reporting requirement (IFRS), supported by HM Treasury Government Financial Reporting Manual, to revalue the Estate's assets to ensure they are well managed, correctly recorded and accurately valued in the annual accounts. The Estates, Security and Network Directorate (ESND) of the FCDO, on behalf of the Secretary of State for Foreign, Commonwealth and Development Affairs, requires valuations, inspection and rent ceiling assessments of the FCDO Estate within the Middle East and North Africa (MENA) region and, other Government departments, if required. The scope of this contract includes valuation and inspection services of the FCDO Estate. The Successful Supplier is required to provide impairment valuations, rent ceiling assessments and ad-hoc consultancy services where requested. The Contract will be for an initial 5 year period with an option to extend for up to a further 2 years. Additional information: The requirement was procured via the Foreign, Commonwealth and Development Office's eprocurement portal: https://fcdo.bravosolution.co.uk. Suppliers, who were not previously registered on the portal, who were interested in being considered for this opportunity needed self-register on the site in order to participate - registration is free and instantaneous.
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Contract Details
- Open Contracting ID
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ocds-b5fd17-17232965-18cc-4d1b-abbd-abc5beb0c8fd
- Publication Source
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Contracts Finder
- Procurement Stage
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Award
- Procurement Method
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Open
- Procurement Method Details
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Open Procedure (above Threshold)
- Procurement Category
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Services
- Tender Suitability
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SME
- Framework / DPS
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Contract Classification
- CPV Code(s)
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79993000
- CPV Division(s)
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79 - Business services: law, marketing, consulting, recruitment, printing and security
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Awarding Authority
FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE
- Buyer Name
- Buyer Email
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commercial.esndcategories@fcdo.gov.uk
- Buyer Phone
- Buyer Address
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King Charles Street
London
SW1A 2AH
England
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Awarded Supplier(s)