Award

Investment Asset Valuation

WARRINGTON BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

02 Mar 2021 at 16:32

Summary of the contracting process

The Warrington Borough Council has recently completed a procurement process titled "Investment Asset Valuation," which involves the annual valuation of its investment portfolio. This process falls under the real estate services industry category and took place in Warrington, England. The tender period ended on 8 February 2021, and the awarded contract is valued at £50,000, running from 15 March 2021 to 16 April 2021. The procurement was classified under 'Other' methods.

This contract presents a significant opportunity for businesses specialising in real estate services and financial valuations, particularly small and medium-sized enterprises (SMEs). Companies with expertise in investment portfolio analysis and local authority financial reporting will find this tender especially advantageous. Engaging with Warrington Borough Council can enhance visibility and foster long-term partnerships, contributing to sustainable business growth in the public sector.

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Notice Title

Investment Asset Valuation

Notice Description

The Council holds an Investment portfolio which is required to be valued annually as part of its financial reporting. The financial statements of local authorities need to be prepared in accordance with the Code of Practice on Local Authority Accounting in the United Kingdom (the 'Code'), published by the Chartered Institute of Public Finance and Accountancy (CIPFA), which is based on the International Financial Reporting Standards (IFRS).

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5103a8d1-7eee-43e0-bf02-0bbb1bb39945
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b01b4e44-692d-4be3-b08b-716df8b36de8
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
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services


CPV Codes

70100000 - Real estate services with own property

Notice Value(s)

Tender Value
£50,000 Under £100K
Lots Value
Not specified
Awards Value
£50,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
2 Mar 20214 years ago
Submission Deadline
8 Feb 2021Expired
Future Notice Date
Not specified
Award Date
19 Feb 20215 years ago
Contract Period
15 Mar 2021 - 16 Apr 2021 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
WARRINGTON BOROUGH COUNCIL
Contact Name
Mike Matthews
Contact Email
michael.matthews@warrington.gov.uk
Contact Phone
+44 1925444135

Buyer Location

Locality
WARRINGTON
Postcode
WA1 2NT
Post Town
Warrington
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD6 Cheshire
Small Region (ITL 3)
TLD61 Warrington
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
Warrington
Electoral Ward
Bewsey and Whitecross
Westminster Constituency
Warrington South

Supplier Information

Number of Suppliers
1
Supplier Name

JONES LANG LASALLE

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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