Award

19 078 Asset Valuations 2019 - 2023 (CCS RM16 call-off)

CHESHIRE EAST BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

20 May 2019 at 08:17

Award Notice
Summary of the contracting process

The Cheshire East Borough Council has awarded a contract titled "19 078 Asset Valuations 2019 - 2023 (CCS RM16 call-off)" for providing real estate services within the North West region of the United Kingdom. The procurement process is now complete, with the contract start date set for 1st July 2019 and a duration lasting until 30th June 2023. The total contract value is £180,000, which is earmarked for various types of property valuations, including programmed and ad hoc valuations, as specified by the Council. The tender period concluded on 8th May 2019.

This contract presents significant opportunities for businesses engaged in real estate services, particularly those specializing in property valuations and market appraisals. Companies that are adept at conducting comprehensive property assessments and familiar with changing market conditions would be well-positioned to participate in similar future tenders. The collaborative nature of the work with the Council may also attract businesses looking to enhance their public sector engagement, thus supporting their growth and expanding their client portfolio.

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Notice Information

Notice Title

19 078 Asset Valuations 2019 - 2023 (CCS RM16 call-off)

Notice Description

This is a contract award notice for: i. Carry out property valuations, over a four year period covering 01/04/2019 to 31/03/2023, as advised by the Council, the current identified need is for the number of valuations that are specified in the appendix but the Council reserves the right to change these numbers at any time. These will be called "Programmed Valuations". ii. Carry out property valuations through completion of an annual desktop review of groups of assets that are either let under market value, or below market value agreements, or derive an annual income stream; covering a number of valuations as specified in the appendix, but subject to any changes. Valuations for each group of assets will be determined using proforma summaries the format of which are to be agreed with the Council. The Council reserves the right to pre-populate these summaries with inputs from its own information streams. iii. Carry out property valuations for additional 'off programme' property valuations that may also be required ("Ad Hoc Valuations"). Requests for these additional Ad Hoc Valuations may occur when material and permanent changes in the property market affect all or a significant part of the portfolio necessitating a formal revaluation before the end of the four year period; or when an Asset Under Construction, have been completed and become operational during the Financial Year; or where an asset has incurred a significant amount of Capital Enhancement or Impairment during the Financial Year. iv. Provide an end of year Market Appraisal and Review Refer to Spec for further info

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-243ac766-5f12-42e3-85fa-1d80d83a6e90
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5ef09c8e-90ba-4071-9283-6b5318ecc4ef
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
£180,000 £100K-£500K
Lots Value
Not specified
Awards Value
£180,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
20 May 20196 years ago
Submission Deadline
8 May 2019Expired
Future Notice Date
Not specified
Award Date
19 May 20196 years ago
Contract Period
30 Jun 2019 - 30 Jun 2023 4-5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
CHESHIRE EAST 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
SANDBACH
Postcode
CW11 1HZ
Post Town
Crewe
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD6 Cheshire
Small Region (ITL 3)
TLD62 Cheshire East
Delivery Location
TLD North West (England)
Local Authority
Cheshire East
Electoral Ward
Sandbach Town
Westminster Constituency
Congleton

Supplier Information

Number of Suppliers
1
Supplier Name

MONTAGU EVANS

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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