Award

Building Valuations for Insurance Purposes

SEFTON COUNCIL

This public procurement record has 2 releases in its history.

Award

14 Jan 2023 at 11:48

Award Notice
Tender

14 Nov 2022 at 15:51

Tender Notice
Summary of the contracting process

Sefton Council is looking for suppliers to provide building valuations for insurance purposes for 232 properties. The valuations, focusing on reinstatement cost, need to be performed by professionals with RICS or equivalent qualifications. The contract, valued at GBP 100,000, has been awarded and will run from January 4, 2023, to April 30, 2023. The procurement process follows an open procedure method with a tender period ending on December 9, 2022. The Council is situated in Bootle, England, and the industry category is real estate services.

This tender by Sefton Council presents an opportunity for businesses in the real estate services sector to provide building valuations for insurance purposes. Small and medium-sized enterprises (SMEs) with expertise in property valuation and professional indemnity insurance can compete for this contract. The contract period offers a chance for selected suppliers to showcase their capabilities in serving public authorities like Sefton Council. Businesses in the real estate services industry, particularly those experienced in valuation and risk assessment, are well-suited to engage in this procurement process.

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Notice Information

Notice Title

Building Valuations for Insurance Purposes

Notice Description

Sefton Metropolitan Borough Council (the Council) is seeking quotes to supply buildings valuations for insurance purposes for 232 properties, whilst also receiving assurance that the level of professional indemnity insurance provided by the supplier(s) is satisfactory for risk purposes. The valuations required are for reinstatement cost and should be undertaken by professionals holding a RICS, or equivalent, qualification. The valuations are to be undertaken via a hybrid exercise. Buildings identified as being valued at PS500,000 or more are to be categorised by the supplier(s) and 15% of these buildings to be visited and valued before extrapolating across the rest of the portfolio. Buildings identified as being under PS500,000 are all to be valued via a desktop exercise by the supplier(s). Within the list of buildings there are the usual types of buildings for a local authority, including, but not limited to, the following, and which includes some vacant properties: * Schools, Nurseries, and other educational establishments * Leisure Centres * Children's Centres and Homes * Residential Homes * Town Halls * Offices * Depots * Park Pavilions * Cemeteries and Crematoria * Libraries * Market Hall * Pumping Stations There is no in-house building surveyor capacity in the Council to support with this exercise, and limited information to hand, although a broad range of the assets can potentially be categorised, such as year of build and area with some asset management surveys made available. Please therefore assume that there is limited information available.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-65476639-c0f0-4a8d-9090-f936aa0ebad1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/37eabb0b-3ac0-4e20-b6c0-4849088130de
Current Stage
Award
All Stages
Tender, 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
£100,000 £100K-£500K
Lots Value
Not specified
Awards Value
£34,950 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
14 Jan 20233 years ago
Submission Deadline
9 Dec 2022Expired
Future Notice Date
Not specified
Award Date
3 Jan 20233 years ago
Contract Period
9 Jan 2023 - 31 May 2023 1-6 months
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
SEFTON 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
BOOTLE
Postcode
L20 3NJ
Post Town
Liverpool
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD73 Sefton
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
Sefton
Electoral Ward
Derby
Westminster Constituency
Bootle

Supplier Information

Number of Suppliers
1
Supplier Name

SUTCLIFFE

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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