Award

PAN2586 - Residential Property Valuation Services (RTB)

LEICESTER CITY COUNCIL

This public procurement record has 1 release in its history.

Award

17 Dec 2021 at 12:21

Award Notice
Summary of the contracting process

The Leicester City Council has recently completed the procurement process for residential property valuation services, titled "PAN2586 - Residential Property Valuation Services (RTB)." This service falls under the real estate services category and is valued at £480,000. The contract was awarded following an open procurement method, with a contract period commencing on 1st December 2021 and concluding on 30th November 2024. The tender process ended on 3rd September 2021, and the contract was awarded to Readings on 5th October 2021.

This tender presents significant opportunities for businesses specialising in real estate services, particularly for small and medium-sized enterprises (SMEs), who would benefit from the ongoing demand for residential property valuations. Businesses offering comprehensive property assessment capabilities and those that can provide detailed plans and market value recommendations are well-suited to compete in this sector, as the council anticipates a continued need for quality valuation services throughout the duration of the contract.

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Notice Information

Notice Title

PAN2586 - Residential Property Valuation Services (RTB)

Notice Description

Leicester City Council invites Tenders for the provision of residential property valuations services The Supplier will be required to undertake a full valuation, inspecting a property both internally and externally, providing and preparing full plans of the residential property in order to recommend the current market value. The proposed Contract will be for three years with an option to extend for a period or periods totalling no more than a further one year. We anticipate awarding to a single Supplier.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-64f1c081-c3cb-46fe-90b7-2f68f420bfab
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/573bb8ac-4c01-43c8-a041-14ead231fe43
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
£480,000 £100K-£500K
Lots Value
Not specified
Awards Value
£480,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
17 Dec 20214 years ago
Submission Deadline
3 Sep 2021Expired
Future Notice Date
Not specified
Award Date
4 Oct 20214 years ago
Contract Period
1 Dec 2021 - 30 Nov 2024 3-4 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
LEICESTER CITY COUNCIL
Contact Name
John Morgan
Contact Email
john.morgan@leicester.gov.uk
Contact Phone
+44 1164540347

Buyer Location

Locality
LEICESTER
Postcode
LE1 1FZ
Post Town
Leicester
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF2 Leicestershire, Rutland and Northamptonshire
Small Region (ITL 3)
TLF21 Leicester
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
Leicester
Electoral Ward
Castle
Westminster Constituency
Leicester South

Supplier Information

Number of Suppliers
1
Supplier Name

READINGS

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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