Tender

Valuation of Lease Extension & Freehold Interest under the Leasehold Reform Act 1967 (as amended)

SANDWELL METROPOLITAN BOROUGH COUNCIL

This public procurement record has 2 releases in its history.

TenderAmendment

02 Nov 2021 at 10:55

Tender Notice
Tender

01 Nov 2021 at 18:00

Tender Notice
Summary of the contracting process

Sandwell Metropolitan Borough Council is currently seeking proposals for the tender titled "Valuation of Lease Extension & Freehold Interest under the Leasehold Reform Act 1967 (as amended)." This procurement falls within the services industry, specifically involving the sale of real estate. The contract is set to commence on 30 November 2021 and will continue until 31 March 2025, with an estimated workload of 12 notices per year, although this is not guaranteed. Interested parties must submit their quotations by 17:00 on 12 November 2021. The procurement process follows an open procedure, allowing a broader range of suppliers to participate.

This tender presents significant opportunities for firms specialising in property valuation and surveying services, particularly those equipped to handle leasehold law and negotiation processes. Businesses that can demonstrate relevant expertise and meet the qualifications required by Sandwell Metropolitan Borough Council will find this a suitable opportunity to expand their portfolio. Engaging in this tender can be an excellent avenue for growth in the public sector, especially for companies that can efficiently manage the intricacies of property-related contracts.

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Notice Information

Notice Title

Valuation of Lease Extension & Freehold Interest under the Leasehold Reform Act 1967 (as amended)

Notice Description

Sandwell Metropolitan Borough Council is seeking to appoint a suitably qualified firm of surveyors to provide valuation advice and conduct negotiations in connection with Leasehold Extension and Freehold Interest Notices served on the council. The contract will run from the date of formal appointment until 31 March 2025 with an average of 12 notices per year being served on the council (this figure is not guaranteed and has been provided as a guide only). The Quotation Document(s) will be made available to suppliers who Express Interest on the Sandwell Metropolitan Borough Council Tendering Portal. To access the portal please click the following link https://in-tendhost.co.uk/sandwellmbc You will be required to log into an existing account or register a new one. Once logged in, from the top menu bar click on 'Tenders' to list all the current opportunities. Once you have found the relevant opportunity you should click on 'View Details' in order to Express Interest. Closing date for submission of quotations is 17:00hrs on Friday 12 November 2021 Additional information: https://in-tendhost.co.uk/sandwellmbc Is a Recurrent Procurement Type? : No

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-610f4453-15a7-449a-bcc9-8cd4d48a8493
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3cf0e3fd-4033-47bb-8931-27210e20064e
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70123000 - Sale of real estate

70200000 - Renting or leasing services of own property

Notice Value(s)

Tender Value
£45,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
2 Nov 20214 years ago
Submission Deadline
12 Nov 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Nov 2021 - 31 Mar 2025 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
SANDWELL METROPOLITAN BOROUGH COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
WEST MIDLANDS
Postcode
B69 3DB
Post Town
Birmingham
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG37 Sandwell
Delivery Location
TLG West Midlands (England)
Local Authority
Sandwell
Electoral Ward
Oldbury
Westminster Constituency
West Bromwich

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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