Award

Provision of Property Revaluations

CROWN COMMERCIAL SERVICE

This public procurement record has 1 release in its history.

Award

29 Oct 2024 at 08:47

Award Notice
Summary of the contracting process

The Crown Commercial Service (CCS) has completed a tender process for the provision of property revaluations, awarding the contract to Jones Lang LaSalle Limited. This public procurement process, conducted under the industry category of real estate services (CPV code 70000000), requires physical inspections of GPA properties at least once every five years, with desktop valuations carried out in the intervening years. The contract is effective from 1 October 2024 to 30 September 2027. With an estimated value of £412,200, the services will cover multiple regions across the United Kingdom, including North East, North West, Yorkshire and the Humber, East Midlands, West Midlands, East of England, London, South East, South West, and Wales. The procurement method for this tender was a call-off from a framework agreement, highlighting a selective procurement approach.

This tender presents significant opportunities for businesses specialising in property valuation and real estate services to grow and enhance their operations. Companies with the capability to provide comprehensive physical inspections and desktop valuations will find this contract particularly beneficial. Large-scale real estate service providers are best suited to compete for such tenders, given the expansive geographical coverage and the detailed nature of the services required. Engaging in this procurement process allows businesses to collaborate with a prominent public sector organisation and secure a long-term, high-value contract that can catalyse their growth and market presence.

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Notice Information

Notice Title

Provision of Property Revaluations

Notice Description

Each GPA property to be physically inspected for valuation purposes at least once every five years, with desktop valuations being carried out in the intervening years. This means that GPA will require a minimum of 20% of its properties being physically

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5b92dd81-d034-4c52-8c5e-28034f398c97
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8de5f4aa-5d7a-408b-8390-0e94a133c95c
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
£412,200 £100K-£500K
Lots Value
Not specified
Awards Value
£412,200 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
29 Oct 20241 years ago
Submission Deadline
13 Aug 2024Expired
Future Notice Date
Not specified
Award Date
29 Sep 20241 years ago
Contract Period
30 Sep 2024 - 30 Sep 2027 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
CROWN COMMERCIAL SERVICE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LIVERPOOL
Postcode
L3 9PP
Post Town
Liverpool
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLI London, TLJ South East (England), TLK South West (England), TLL Wales
Local Authority
Liverpool
Electoral Ward
City Centre North
Westminster Constituency
Liverpool Riverside

Supplier Information

Number of Suppliers
1
Supplier Name

JONES LANG LASALLE

Further Information

Notice Documents

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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