Tender

Valuing Domestic Properties Before and After Energy Efficiency Measures Have Been Installed

BUSINESS ENERGY AND INDUSTRIAL STRATEGY

This public procurement record has 2 releases in its history.

TenderAmendment

09 Jan 2018 at 17:24

Tender Notice
Tender

21 Dec 2017 at 11:46

Tender Notice
Summary of the contracting process

The Business Energy and Industrial Strategy (BEIS) is seeking tenders for a project entitled "Valuing Domestic Properties Before and After Energy Efficiency Measures Have Been Installed". This study aims to evaluate the price impact of installing solid wall insulation (SWI) in domestic properties, with a total budget of £50,000. The procurement is currently in the 'Tender' stage, with proposals due by 17:00 on 12 January 2018. The project will focus on properties in Birmingham, which has been confirmed as the location for the installation within the first half of 2018. The chosen contractor is expected to commence work from 22 January 2018, with the contract ending on 20 April 2018. This open procurement process is classified under research and development services and related consultancy services, following the open procedure below the threshold.

This tender presents a significant opportunity for businesses involved in research, data analysis, and construction services related to energy efficiency. Companies specialising in qualitative and quantitative market analysis, as well as those with expertise in property valuation, will be well suited to compete. Additionally, businesses that can demonstrate local knowledge and experience in working with domestic properties in the West Midlands may have a competitive advantage, as the contract requires sourcing local contractors and surveyors for effective results. Successful engagement in this project could also pave the way for further contracts within the energy efficiency sector, contributing to long-term business growth.

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Notice Information

Notice Title

Valuing Domestic Properties Before and After Energy Efficiency Measures Have Been Installed

Notice Description

This study is a proof of concept pilot for a larger scale study examining the price impact of installing solid wall insulation (SWI) to domestic properties. The budget of the project is PS50,000 excluding VAT, and will include homes that are set to have SWI installed in the first half of 2018 in Birmingham. (This location is now confirmed). The price effect of SWI is a complex matter due to its positive effect on energy performance, but ambiguous effect on other dwelling characteristics such as aesthetics, and negative impact on floor space (for internal insulation). This project aims to ascertain the price effect of SWI on property valuations by comparing them before and after the installation. It also aims to shed light on the decision-making process of property surveyors. The successful contractor is expected to carry out quantitative analysis on the price uplift associated with the installation of internal and/or external SWI from the properties included in the study. Concurrently, BEIS will undertake internal analysis of the National Energy Efficiency Data framework, to calculate the price uplift of energy performance improvements, expected if house buyers were valuing their benefits in a rational market. This information will be provided to the successful contractor to be compared against the observed effect. In order to shed light on surveyors' decision making process, the study must also include qualitative analysis. This will be achieved through interviews and analysis of surveyors' itemised valuations. This should identify the key drivers of valuations and explain their relative strengths, and supplement the quantitative findings. Marks will be awarded as specified in the ITT, with particular attention paid to the methodology. Tenders should include a schedule of interview questions, the number of interviews, and statistical methods to optimise the robustness of the findings. Marks for qualitative and quantitative analysis will be weighted equally. Bids will also be marked on their ability to source sufficient numbers of contractors in the project area (TBA, as discussed above). This is because in order to provide accurate valuations, surveyors need in-depth local knowledge. A full list of marking criteria and weights, and more in-depth suggested methodology can be found in the ITT document. Additional information: The findings of this study are hoped to assist the delivery of energy performance measures through ECO, as well as informing property valuation guidance published by the Royal Institute of Chartered Surveyors, with the aim of increasing their focus on energy performance. Further, findings will contribute to calls for evidence by the Energy Efficient Mortgages Action Plan, which aims to increase access to credit for house-buyers seeking to improve the energy efficiency of their properties. Therefore, this research project has potentially far-reaching impacts and may contribute to the achievement of both UK and EU energy efficiency targets and carbon budgets. How to Apply: If you wish to take part in this procurement please see the attached Tender documents attached to this Notice and send your completed Proposal to Calum Knox (calum.knox@beis.gov.uk) Any late submissions will not be considered. BEIS reserves the right to halt the procurement process and to not award a contract. BEIS will not be held liable for recovery of costs from unsuccessful bids if a contract is not awarded. All costs will be borne by the bidding organisations. If a contract is created it will be upon BEIS Standard Terms and Conditions, which are available on Contracts Finder with this notice. Please email your proposal by the deadline of 17:00 on 12/01/18 to calum.knox@beis.gov.uk. After reviewing and evaluating the written proposals, BEIS may decide to hold bid clarification meetings with suppliers. If successful and upon contract signature, the supplier is expected to attend a kick-off meeting taking place on 22/01/18.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-229676ce-32f4-43e7-acaf-c64f6aa0624a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5e6b1972-4672-49c2-8896-28f8df7d06cc
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

CPV Codes

73000000 - Research and development services and related consultancy services

Notice Value(s)

Tender Value
£50,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
9 Jan 20188 years ago
Submission Deadline
12 Jan 2018Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
22 Jan 2018 - 20 May 2018 1-6 months
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
BUSINESS ENERGY AND INDUSTRIAL STRATEGY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1H 0ET
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLF East Midlands (England), TLG West Midlands (England), TLI London
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Further Information

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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