Tender

P1258 - Framework Agreement for Right to Buy Valuation and Housing Stock Valuation Service

BIRMINGHAM CITY COUNCIL

This public procurement record has 2 releases in its history.

TenderAmendment

26 Jan 2024 at 13:48

Tender Notice
Tender

23 Jan 2024 at 09:52

Tender Notice
Summary of the contracting process

The Birmingham City Council is initiating a tender for a Framework Agreement for Right to Buy Valuation and Housing Stock Valuation Service. The procurement process, conducted through an open procedure, aims to appoint a service provider to offer professional valuation services for residential properties and housing stock assets. Suppliers will need to provide valuations in accordance with regulatory requirements and financial reporting standards. The Framework Agreement will last for 4 years starting from April 1, 2024. The deadline for tender submissions is noon on February 23, 2024, using the council's e-tendering system.

This tender presents an opportunity for service providers in real estate, property management, and valuation consultancy sectors to engage with Birmingham City Council and potentially secure a long-term contract. Businesses well-suited to compete are those with expertise in property valuation, experience in public sector contracting, and compliance with financial regulations. The Council's preference for SMEs indicates a favourable environment for smaller service providers seeking growth opportunities within the public procurement sector.

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Notice Information

Notice Title

P1258 - Framework Agreement for Right to Buy Valuation and Housing Stock Valuation Service

Notice Description

Birmingham City Council wishes to appoint suitably qualified service provider to provide professional valuation services across its Right to Buy valuations and housing stock asset valuations. Our objective is to deliver 'right to buy' valuations on Council owned residential properties as governed by the Housing Act 1985 and subsequent amendments. We are required to provide building insurance valuations and general valuation advice. We have an obligation to determine a valuation of the housing stock assets held by the council as identified in the asset register compiled annually. The Council also requires provision of its housing stock asset valuations for financial reporting purposes for each financial year . This will include a mixture of tenanted residential units of varying ages and character together with various garages. The supplier is required to determine a valuation of the Housing stock assets held by the Council as identified in the Asset Register compiled annually and valued as of 31 March annually for each year for inclusion in the authority's balance sheet in accordance with the Chartered Institute of Public Finance and Accounting (CIPFA) Code of Practice. The supplier will review and give assurance that the values at the end of each financial year (31st March) will be materially correct and if necessary, update any valuations, where the movement is material. Tenderers are to note that this contract will be undertaken on a call off basis with orders placed as and when required. The Framework Agreement will last for 4 years (unless terminated under agreement provisions) commencing 1st April 2024. The Framework Agreement will be awarded to one supplier. The Council will be using its free to use e-tendering system (in-tend) for the administration of this procurement process and potential suppliers must register with the system to be able to express an interest. If you wish to express an interest in this opportunity please click on the following link to access https://in-tendhost.co.uk/birminghamcc/ and submit your details to register. You will then be sent details on how to log on which will enable you to download all relevant Invitation to Tender (ITT) documentation. If you are unable to register with In-tend or have any questions or problems on how to use this web site please email us at etendering@birmingham.gov.uk Your completed tender submission should be returned by Noon on 23rd February 2024 via the 'in-tend' system https://in-tendhost.co.uk/birminghamcc Additional information: If you are interested in tendering please click on the following link to access Birmingham City Council's tender Portal. Delivery Notes Birmingham Is a Recurrent Procurement Type? : No

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1c5f076c-7578-4bd9-80ca-70513900a072
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/82d51fd1-53d3-40c9-b55b-8b71cdec3a39
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

70 - Real estate services

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

66515200 - Property insurance services

70100000 - Real estate services with own property

70330000 - Property management services of real estate on a fee or contract basis

70331000 - Residential property services

79419000 - Evaluation consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
26 Jan 20242 years ago
Submission Deadline
23 Feb 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Apr 2024 - 31 Mar 2028 4-5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
BIRMINGHAM 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
WEST MIDLANDS
Postcode
B4 7WB
Post Town
Birmingham
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
TLG West Midlands (England)
Local Authority
Birmingham
Electoral Ward
Newtown
Westminster Constituency
Birmingham Ladywood

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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