Award

Property Valuation Services

CUMBERLAND COUNCIL

This public procurement record has 1 release in its history.

Award

29 Nov 2024 at 10:09

Summary of the contracting process

Cumberland Council has completed the procurement process for "Property Valuation Services" within the research and financial consultancy services sector, intended for valuing properties for insurance purposes. The procurement, classified under CPV codes 73210000 and 66171000, is geographically focused on England, United Kingdom. The process was conducted through an open procedure, with the tender period closing on 23rd August 2024 and the contract period running from 22nd October 2024 to 29th September 2027. The total value of the contract awarded is £420,000, with the procurement stage now listed as complete.

This tender presents substantial business growth opportunities for firms specialising in property valuation and financial consultancy. Businesses that have a large operational scale and are capable of handling complex valuation tasks over an extended period will find this contract particularly advantageous. Given that the contract was awarded to Wilks Head & Eve, entities with similar capacities and expertise might find competing in such tenders beneficial for expanding their market presence within the public sector. The contract’s duration also ensures a steady workflow, which can lead to increased business stability and revenue.

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Notice Title

Property Valuation Services

Notice Description

Cumberland portfolio property valuation services for the purpose of insurance.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-48fcaf82-6b38-4e3d-91f1-9ea425f1c5c8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/62b8f1dc-d0cc-4774-b40b-6edff0ed7687
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

73 - Research and development services and related consultancy services


CPV Codes

66171000 - Financial consultancy services

73210000 - Research consultancy services

Notice Value(s)

Tender Value
£420,000 £100K-£500K
Lots Value
Not specified
Awards Value
£183,200 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
29 Nov 20241 years ago
Submission Deadline
23 Aug 2024Expired
Future Notice Date
Not specified
Award Date
20 Oct 20241 years ago
Contract Period
21 Oct 2024 - 29 Sep 2027 2-3 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
CUMBERLAND COUNCIL
Contact Name
Dawn Reid
Contact Email
dawn.reid@cumberland.gov.uk
Contact Phone
+44 1228817595

Buyer Location

Locality
CARLISLE
Postcode
CA1 1RD
Post Town
Carlisle
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD1 Cumbria
Small Region (ITL 3)
TLD13 Cumberland
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
Cumberland
Electoral Ward
Castle
Westminster Constituency
Carlisle

Supplier Information

Number of Suppliers
1
Supplier Name

WILKS HEAD & EVE

Open Contracting Data Standard (OCDS)

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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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