Award

Right to Buy (RtB) Property Valuation Services

LONDON BOROUGH OF HACKNEY

This public procurement record has 1 release in its history.

Award

12 Oct 2021 at 14:37

Award Notice
Summary of the contracting process

The London Borough of Hackney has completed the procurement process for "Right to Buy (RtB) Property Valuation Services," which falls under the real estate services industry category. This contract has a total estimated value of £425,000, split into an initial three-year term valued at £255,000, with options for two additional one-year extensions. The contract is set to commence on 1 November 2021 and will run until 31 October 2024. The procurement was conducted using a selective method, specifically a restricted procedure, with the tendering period concluding on 11 August 2021.

This tender presents a significant opportunity for businesses specialising in property valuation services, especially those that can navigate the complexities of local government contracts. Companies that can provide reliable, accurate valuations and demonstrate experience in managing public sector requirements would be particularly well-suited to engage in future procurement processes of this nature. With ongoing demand for property services associated with the Right to Buy scheme, businesses in this sector have the potential for considerable growth and long-term contracts.

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Notice Information

Notice Title

Right to Buy (RtB) Property Valuation Services

Notice Description

This is the Contract Award notice related to the procurement of a 'Right-to-Buy' Valuation Service on a 3-year contract with 2 extension options of 2 times 12 months as set out in the Find a Tender notice referenced 2021/S 000-006827 and the Contracts Finder notice ref.HACK001-DN533166-50150121 and dated 1/04/2021. The estimated value of the procurement is PS425,000 or PS255,000 over the initial 3-year period.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-54ab4de1-4806-44ed-9a1c-b356549efdab
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3d661d0c-d31f-4547-9a28-7951a40627ad
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
£425,000 £100K-£500K
Lots Value
Not specified
Awards Value
£255,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
12 Oct 20214 years ago
Submission Deadline
11 Aug 2021Expired
Future Notice Date
Not specified
Award Date
11 Oct 20214 years ago
Contract Period
1 Nov 2021 - 30 Sep 2024 2-3 years
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 HACKNEY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
HACKNEY
Postcode
E8 1DY
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
Not specified
Local Authority
Hackney
Electoral Ward
Hackney Central
Westminster Constituency
Hackney South and Shoreditch

Supplier Information

Number of Suppliers
1
Supplier Name

AUTOHOUSE PROPERTY SERVICES

Further Information

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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