Award

Data Subscription - Property Intelligence

VALUATION OFFICE AGENCY

This public procurement record has 1 release in its history.

Award

06 Mar 2024 at 07:56

Award Notice
Summary of the contracting process

The Valuation Office Agency (VOA) has awarded a contract for Data Subscription - Property Intelligence. The contract involves renewing an online subscription to EGI for VOA staff, providing access to commercial property transactions, occupier details, planning information, and more. The contract, valued at £456,966 GBP, is a 5-year multi-year agreement starting on April 1, 2024, with the possibility of further extensions.

This procurement opportunity in the real estate services industry is at the award stage. Businesses well-suited to compete are those offering subscription services or architectural, construction, engineering, and inspection services. The deadline for the tender submission was February 21, 2024. The VOA, based in London, is the buying organisation. The procurement method for this tender was a Single Source / Direct Award under PCR 2015, Regulation 32(2)(b)(ii), suitable for businesses with expertise in the specified services.

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Notice Information

Notice Title

Data Subscription - Property Intelligence

Notice Description

Awarded contract - this means that the contract has been awarded to a supplier and is being published for transparency purposes only. The VOA has a requirement to renew its online subscription to EGI (Estates Gazette Interactive (Radius Data Exchange LRR)) for use by VOA staff. The EGI subscription provides access to commercial property transactions consisting of sales, leases and auction results, occupier details, marketing brochures, planning information, News and Legal information. The requirement is for an unlimited number of VOA users to access the database to view, analyse, cross reference and download for various VOA business purposes including Casework, Tribunals, CCA, Maintenance, SDLT Matching, Validating FOR's, Market Knowledge and Revaluation Market Research / Evidence. Contract is a 5 x year multi-year agreement, based on a minimum commitment of 2 x years, with 3 x further annual 12 x month optional extensions.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-610f044e-93b5-45d1-b26d-c4b77afd27ef
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8ac944ca-2c76-4371-80d8-f55cebfc25b8
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Not Specified
Procurement Method Details
Other - Single Source / Direct Award for technical reasons under PCR 2015, Regulation 32(2)(b)(ii)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

71 - Architectural, construction, engineering and inspection services

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

70000000 - Real estate services

71000000 - Architectural, construction, engineering and inspection services

79980000 - Subscription services

Notice Value(s)

Tender Value
£456,966 £100K-£500K
Lots Value
Not specified
Awards Value
£456,966 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
6 Mar 20241 years ago
Submission Deadline
21 Feb 2024Expired
Future Notice Date
Not specified
Award Date
4 Mar 20241 years ago
Contract Period
31 Mar 2024 - 31 Mar 2026 1-2 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
VALUATION OFFICE AGENCY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
E14 4PU
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
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
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

ESTATES GAZETTE

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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