Award

2023 Capital Accounting Asset Valuation

CITY OF LONDON CORPORATION

This public procurement record has 1 release in its history.

Award

03 Mar 2023 at 10:13

Summary of the contracting process

The City of London Corporation has awarded a contract for the "2023 Capital Accounting Asset Valuation" project to Bloom Procurement Services. The project involves financial analysis and accounting software services with a contract value of £100,840. The tender was issued under selective procurement method details involving a call-off from a framework agreement. The contract period runs from February 1, 2023, to April 21, 2023, with the tender deadline set at January 31, 2023. The project is located in London, United Kingdom in the services category.

This contract provides opportunities for businesses interested in providing financial analysis and accounting software services to the public sector. Companies experienced in valuation services compliant with RICS standards and based in or able to operate in London, United Kingdom, would be well-suited to compete. The successful bidder must be prepared to deliver high-quality services within the specified contract period and meet the City of London Corporation's requirements for this project.

Find more tenders on our Open Data Platform.
How relevant is this notice?

Notice Title

2023 Capital Accounting Asset Valuation

Notice Description

Gerald Eve LLP have been appointed by Bloom Procurement Services Ltd on behalf of The Mayor And Commonality and Citizens of The City Of London (referred to as "The Authority") to prepare a report in accordance with the terms of RICS Valuation - Global Standards 2020 updated January 2022, and the national standards and guidance set out in the UK national supplement (November 2018 edition) (collectively the "standards") published by the Royal Institution of Chartered Surveyors (RICS).

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-269cef3a-4a18-45a6-bb02-eca82d0abf1e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e4dd8f8f-cd33-46e8-81ff-692873cfc7a7
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48440000 - Financial analysis and accounting software package

Notice Value(s)

Tender Value
£100,840 £100K-£500K
Lots Value
Not specified
Awards Value
£100,840 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Mar 20233 years ago
Submission Deadline
31 Jan 2023Expired
Future Notice Date
Not specified
Award Date
1 Feb 20233 years ago
Contract Period
1 Feb 2023 - 21 Apr 2023 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
CITY OF LONDON CORPORATION
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
EC2P 2EJ
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
TLI London

Local Authority
Islington
Electoral Ward
Clerkenwell
Westminster Constituency
Islington South and Finsbury

Supplier Information

Number of Suppliers
1
Supplier Name

BLOOM PROCUREMENT SERVICES

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-269cef3a-4a18-45a6-bb02-eca82d0abf1e-2023-03-03T10:13:26Z",
    "date": "2023-03-03T10:13:26Z",
    "ocid": "ocds-b5fd17-269cef3a-4a18-45a6-bb02-eca82d0abf1e",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "tender_357108/1186986",
        "title": "2023 Capital Accounting Asset Valuation",
        "description": "Gerald Eve LLP have been appointed by Bloom Procurement Services Ltd on behalf of The Mayor And Commonality and Citizens of The City Of London (referred to as \"The Authority\") to prepare a report in accordance with the terms of RICS Valuation - Global Standards 2020 updated January 2022, and the national standards and guidance set out in the UK national supplement (November 2018 edition) (collectively the \"standards\") published by the Royal Institution of Chartered Surveyors (RICS).",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "48440000",
            "description": "Financial analysis and accounting software package"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "London",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 100840,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2023-01-31T12:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2023-02-01T00:00:00Z",
            "endDate": "2023-04-21T23:59:59+01:00"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-48924",
            "name": "City of London Corporation",
            "identifier": {
                "legalName": "City of London Corporation"
            },
            "address": {
                "streetAddress": "Guildhall",
                "locality": "London",
                "postalCode": "EC2P 2EJ",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Mitchell Walker",
                "email": "Mitchell.Walker@cityoflondon.gov.uk",
                "telephone": "020 7332 4961"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-145442",
            "name": "Bloom Procurement Services",
            "identifier": {
                "legalName": "Bloom Procurement Services"
            },
            "address": {
                "streetAddress": "Point 5, New Eden House, Fletcher Road, Gateshead, NE8 2ET"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-48924",
        "name": "City of London Corporation"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-269cef3a-4a18-45a6-bb02-eca82d0abf1e-1",
            "status": "active",
            "date": "2023-02-01T00:00:00Z",
            "datePublished": "2023-03-03T10:13:26Z",
            "value": {
                "amount": 100840,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-145442",
                    "name": "Bloom Procurement Services"
                }
            ],
            "contractPeriod": {
                "startDate": "2023-02-01T00:00:00Z",
                "endDate": "2023-04-21T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/e4dd8f8f-cd33-46e8-81ff-692873cfc7a7",
                    "datePublished": "2023-03-03T10:13:26Z",
                    "format": "text/html",
                    "language": "en"
                },
                {
                    "id": "2",
                    "description": "Awarded Contract",
                    "url": "http://www.capitalesourcing.com"
                }
            ]
        }
    ]
}