Award

WSCC DR - Pension Fund Independent Property Valuation RFQ - AWARD

SE SHARED SERVICES

This public procurement record has 1 release in its history.

Award

17 Nov 2017 at 13:58

Summary of the contracting process

The procurement process involves SE Shared Services as the buying organisation, which has awarded a contract for the provision of independent property valuation services for a portfolio valued at approximately £285.8 million. The title of the award is "WSCC DR - Pension Fund Independent Property Valuation RFQ - AWARD," classified under financial consultancy services. The procurement stage is at the award, with the tender period having ended on 17th November 2017. The contract will commence on 2nd January 2018 and is set to conclude on 31st December 2020, with relevant services needed primarily in the South East region of the United Kingdom.

This tender presents substantial opportunities for businesses specialising in financial consultancy services, particularly those that possess expertise in property valuation. Companies with experience in managing large asset portfolios or those with relevant certifications in financial advisory services would be well-positioned to compete for future tenders of a similar nature. Additionally, larger firms like Savills (UK) Limited, which have successfully secured this award, highlight the competitive landscape and potential for growth in this sector.

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

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

WSCC DR - Pension Fund Independent Property Valuation RFQ - AWARD

Notice Description

The Council requires the provision of independent property valuation for the UK portfolio presently managed by Aberdeen Standard, valued at approximately PS285.8 million. There are 27 direct properties currently within the portfolio. The Fund does not have any investment in indirect property units / funds. The services under the contract are described in detail in Attachment 02 the Service Specification.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4ebf18e5-84f9-41ed-8f0b-11ef1b394472
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/416301c5-fa0e-431b-8a62-aa4f24a78f14
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

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

Notice Dates

Publication Date
17 Nov 20178 years ago
Submission Deadline
17 Nov 2017Expired
Future Notice Date
Not specified
Award Date
17 Nov 20178 years ago
Contract Period
2 Jan 2018 - 31 Dec 2020 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
SE SHARED SERVICES
Contact Name
David Robinson (WSCC)
Contact Email
david.robinson@westsussex.gov.uk
Contact Phone
03302 226995

Buyer Location

Locality
WEST SUSSEX
Postcode
PO19 1RQ
Post Town
Portsmouth
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ27 West Sussex (South West)
Delivery Location
TLJ South East (England)

Local Authority
Chichester
Electoral Ward
Chichester Central
Westminster Constituency
Chichester

Supplier Information

Number of Suppliers
1
Supplier Name

SAVILLS (UK

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-b5fd17-4ebf18e5-84f9-41ed-8f0b-11ef1b394472-2017-11-17T13:58:48Z",
    "date": "2017-11-17T13:58:48Z",
    "ocid": "ocds-b5fd17-4ebf18e5-84f9-41ed-8f0b-11ef1b394472",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "CWSCC - 017046 - AWARD",
        "title": "WSCC DR - Pension Fund Independent Property Valuation RFQ - AWARD",
        "description": "The Council requires the provision of independent property valuation for the UK portfolio presently managed by Aberdeen Standard, valued at approximately PS285.8 million. There are 27 direct properties currently within the portfolio. The Fund does not have any investment in indirect property units / funds. The services under the contract are described in detail in Attachment 02 the Service Specification.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66171000",
            "description": "Financial consultancy services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "postalCode": "PO19 1RQ"
                    },
                    {
                        "region": "South East",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "procurementMethodDetails": "Other -",
        "tenderPeriod": {
            "endDate": "2017-11-17T23:59:59Z"
        },
        "contractPeriod": {
            "startDate": "2018-01-02T00:00:00Z",
            "endDate": "2020-12-31T23:59:59Z"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-1779",
            "name": "SE Shared Services",
            "identifier": {
                "legalName": "SE Shared Services"
            },
            "address": {
                "streetAddress": "West Street, Chicester",
                "locality": "West Sussex",
                "postalCode": "PO19 1RQ",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "David Robinson (WSCC)",
                "email": "david.robinson@westsussex.gov.uk",
                "telephone": "03302 226995"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-72719",
            "name": "Savills (UK) ltd",
            "identifier": {
                "legalName": "Savills (UK) ltd"
            },
            "address": {
                "streetAddress": "33 Margaret Street, London, United Kingdom, W1G 0JD"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-1779",
        "name": "SE Shared Services"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-4ebf18e5-84f9-41ed-8f0b-11ef1b394472-1",
            "status": "active",
            "date": "2017-11-17T00:00:00Z",
            "datePublished": "2017-11-17T13:58:48Z",
            "value": {
                "amount": 0,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-72719",
                    "name": "Savills (UK) ltd"
                }
            ],
            "contractPeriod": {
                "startDate": "2018-01-02T00:00:00Z",
                "endDate": "2020-12-31T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/416301c5-fa0e-431b-8a62-aa4f24a78f14",
                    "datePublished": "2017-11-17T13:58:48Z",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}