Award

Framework Agreement for the Appointment of an Independent Property Valuer

STAFFORDSHIRE COUNTY COUNCIL

This public procurement record has 2 releases in its history.

Award

20 Mar 2025 at 07:57

Tender

28 Oct 2024 at 12:58

Summary of the contracting process

Staffordshire County Council has completed the procurement process for appointing an independent property valuer through an open procedure. This framework agreement, valued at £2,000,000, falls under the non-residential property services category (CPV code 70332000) and aims to provide property valuation services for the Local Government Pension Fund Property Portfolio. The tender was published on 28th October 2024, with the tender period ending on 28th November 2024. The contract started on 1st February 2025 and will run until 31st January 2029 across the United Kingdom. Key suppliers CBRE Limited, Knight Frank LLP, and Savills (UK) Limited have been awarded the contract as of 11th March 2025.

This tender presents significant opportunities for businesses specializing in non-residential property services, particularly those capable of providing comprehensive property valuation services. Small and medium enterprises (SMEs) are encouraged to partake, given the suitability criteria supporting their participation. As the framework is substantial and long-term, businesses securing a position can expect steady work and potential partnerships. This opportunity is well-suited for large-scale firms that have the expertise and resources to manage high-value property portfolios and adhere to the high standards expected by the Staffordshire Pension Fund.

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Notice Title

Framework Agreement for the Appointment of an Independent Property Valuer

Notice Description

The Framework is for an agreement between the appointed Supplier(s) and Staffordshire County Council, acting in its capacity as the administering authority of the Staffordshire Pension Fund, to supply an independent property valuation service for the Local Government Pension Fund Property Portfolio in accordance with the terms as agreed within the Framework.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-212af636-fcfc-44af-ba80-e4336da02d59
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/25ee811e-0714-4c48-ba05-fc5c956824a9
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services


CPV Codes

70332000 - Non-residential property services

Notice Value(s)

Tender Value
£2,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
£2,000,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
20 Mar 202511 months ago
Submission Deadline
28 Nov 2024Expired
Future Notice Date
Not specified
Award Date
11 Mar 202511 months ago
Contract Period
1 Feb 2025 - 31 Jan 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
STAFFORDSHIRE COUNTY 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
STAFFORD
Postcode
ST16 2DH
Post Town
Stoke-on-Trent
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG2 Shropshire and Staffordshire
Small Region (ITL 3)
TLG24 Staffordshire CC
Delivery Location
Not specified

Local Authority
Stafford
Electoral Ward
Forebridge
Westminster Constituency
Stafford

Supplier Information

Number of Suppliers
3
Supplier Names

CBRE

KNIGHT FRANK

SAVILLS (UK

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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