Award

Asset Valuation Service - Investment Assets

LONDON BOROUGH OF ENFIELD

This public procurement record has 1 release in its history.

Award

11 Nov 2024 at 13:18

Award Notice
Summary of the contracting process

The London Borough of Enfield has concluded the procurement process for the "Asset Valuation Service - Investment Assets" contract, which falls under the Financial and insurance services industry category. The tender involved a single delivery address within England, United Kingdom. The procurement process has reached the Award stage, with the contract awarded on 11th November 2024. The contract, valued at £29,500, will commence on 29th November 2024 and end on 10th November 2025. The chosen procurement method for this tender was classified as "Other". The contracting process officially closed for submissions on 9th November 2024.

This tender provides a significant opportunity for specialised financial service providers, specifically those involved in asset valuation. Since the service focuses on investment assets, businesses with experience in accurate asset appraisal and investment analysis are well-suited to compete for future similar contracts. The award to Knight Frank indicates that firms with established expertise and a robust professional reputation in financial services have a competitive edge in securing such contracts. Though this particular contract excluded SMEs and VCSEs, future opportunities might explore different scopes, potentially broadening participation to include these categories.

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Notice Information

Notice Title

Asset Valuation Service - Investment Assets

Notice Description

Asset Valuation Service - Investment Assets

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-39022896-eace-4277-8b8a-607db9384d61
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9c502843-3a0d-4279-a477-af9161e99684
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

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£29,500 Under £100K
Lots Value
Not specified
Awards Value
£29,500 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
11 Nov 20241 years ago
Submission Deadline
9 Nov 2024Expired
Future Notice Date
Not specified
Award Date
11 Nov 20241 years ago
Contract Period
29 Nov 2024 - 10 Nov 2025 6-12 months
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
LONDON BOROUGH OF ENFIELD
Contact Name
Annette Trigg
Contact Email
annette.trigg@enfield.gov.uk
Contact Phone
+44 2081322120

Buyer Location

Locality
ENFIELD
Postcode
EN1 3ES
Post Town
Enfield
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI5 Outer London - East and North East
Small Region (ITL 3)
TLI54 Enfield
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Enfield
Electoral Ward
Town
Westminster Constituency
Enfield North

Supplier Information

Number of Suppliers
1
Supplier Name

KNIGHT FRANK

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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