Tender

MVDC AH PROPERTY EVALUATIONS FOR THE PURPOSE OF IFRS REPORTING AND INSURANCE VALUATIONS

SE SHARED SERVICES

This public procurement record has 2 releases in its history.

TenderAmendment

22 Nov 2018 at 16:02

Tender Notice
Tender

18 Oct 2018 at 10:39

Tender Notice
Summary of the contracting process

The procurement process for the contract titled "MVDC AH PROPERTY EVALUATIONS FOR THE PURPOSE OF IFRS REPORTING AND INSURANCE VALUATIONS" is initiated by SE Shared Services, located in Dorking, Surrey, UK. This open tender is currently in the active stage and is focused on the commercial property management services industry. The tender period is set to conclude on 30th November 2018, with the contract period expected to commence on 1st December 2018 and last until 1st December 2021. Interested bidders must complete their submissions electronically via the SE Shared Services Procurement eSourcing portal.

This opportunity presents significant growth potential for firms specialising in asset valuation and property management, particularly those experienced in complying with IFRS and RICS standards. Companies that are adept at conducting valuations for a diverse portfolio, including approximately 200 assets for the Council, will find this contract well-suited to their expertise. As the tender is aimed at procuring qualified valuers, it is ideal for medium to large-sized enterprises in the valuation domain seeking to expand their service offerings within the public sector.

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Notice Information

Notice Title

MVDC AH PROPERTY EVALUATIONS FOR THE PURPOSE OF IFRS REPORTING AND INSURANCE VALUATIONS

Notice Description

To comply with IFRS requirements the Council intends to appoint an appropriately experienced firm of Valuers to undertake asset valuations of the Council's portfolio of property, this is the core service of the contract. The Valuer must complete the valuation report in accordance with the following guidance relating to asset valuation for capital accounting purposes: o Royal Institution of Chartered Surveyors (RICS) Valuation- Professional Standards 2014 (Revised 2015) and RICS Valuation - Global Standards 2017 ('The Standards') o International Financial Reporting Standards (IFRS) o Chartered Institute of Public Finance and Accounting Code of Practice on Local Authority Accounting ('The CIPFA Code') There are approximately 200 assets that require valuing. The MVDC properties are predominantly spread across the entire geographical area that is administered by the Council. The MOVA portfolio is located further afield including Wales, Basingstoke and Stratford. The details of all the assets will be provided to the successful bidder. Additional information: This tender is to be completed electronically using the SE Shared Services Procurement eSourcing portal. https://www.sesharedservices.org.uk/esourcing/opportunities The SE Shared Services eSourcing portal provides a web-based tool that provides a simple, secure and efficient means for managing tendering and quotation activities reducing the time and effort required for both buyers and Potential Bidders. The portal allows for tender clarifications and submitting your bid electronically. In order to bid for this opportunity you will need to register your company on the SE Shared Services portal. Is a Recurrent Procurement Type? : No

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3a3007bb-83a3-419f-95bc-1e2f4280c2f3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b842016f-bc50-40c8-9db2-c8c25d68c7b8
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
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70332200 - Commercial property management services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
22 Nov 20187 years ago
Submission Deadline
30 Nov 2018Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Dec 2018 - 1 Dec 2021 3-4 years
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
SE SHARED SERVICES
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SURREY
Postcode
RH4 1SJ
Post Town
Redhill
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ26 East Surrey
Delivery Location
TLJ South East (England)
Local Authority
Mole Valley
Electoral Ward
Dorking North
Westminster Constituency
Dorking and Horley

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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