Award

BE23164 Revaluation of UKRI STFC's Land and Building Assets

UK SHARED BUSINESS SERVICES LIMITED

This public procurement record has 1 release in its history.

Award

16 Jan 2024 at 07:45

Award Notice
Summary of the contracting process

The UK Shared Business Services Limited has awarded a tender for the revaluation of UKRI STFC's Land and Building Assets to Carter Jonas LLP. The procurement method used was selective, calling off from a framework agreement. The tender period ended on 7th November 2023, while the contract period spans from 27th November 2023 to 26th November 2028. The total contract value is £292,000. The procurement falls under the services category and involves building surveying services.

This award presents business growth opportunities for firms in the building surveying services sector who can provide professional revaluations of property, plant, and equipment in accordance with RICS guidelines. Small and medium-sized enterprises (SMEs) with expertise in asset valuation and surveying services are well-suited to compete. The successful supplier may need to engage with the National Audit Office and be prepared to explain their methodology and costings promptly throughout the contract period.

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Notice Information

Notice Title

BE23164 Revaluation of UKRI STFC's Land and Building Assets

Notice Description

***** THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION ***** This procurement is being concluded following a mini competition under Crown Commercial Services Framework - Estates Professional Services - RM6168 - Lot 5 Independent professional revaluations obtained for all property, plant and equipment (PPE) The service required is as follows: a) i. To revalue the whole of UKRI's estate over the course of the revaluation cycle (5 years). ii. To provide valuations for the UKRI's land and building assets located at the various sites iii. To provide remaining useful lives for the assets. b) The valuations are to be as at 31st March each year. c) All valuations are to be carried out in accordance with the current practice and guidance notes of the Royal Institute of Chartered Surveyors (RICS). d) A full list of assets to be valued and site plans will be provided when the tender has been agreed between parties. Notwithstanding this list valuation should include all infrastructure assets for each site unless specifically excluded by the UKRI. Examples of items to be included in the valuation are playing fields, roads, external lighting and isolated substations. e) Where the valuations are materially different from current valuations further explanation and evidence to support this may be required. f) If an item of property comprises two or more significant components, with substantially different useful lives, then each component must be valued separately. g) Plant and machinery, which forms an integral part of the building, is to be included in the valuation. The Council can provide details of non-building assets. The successful supplier is to provide a list of mechanical, electrical services, plant and other items included in the valuation as part of the work. h) Provisional additional budget of PS50k (ex VAT) should additional requirements arise during 5-year contract period. This is subject to an acceptable quotation. i.) The successful supplier may be required to explain their methodology and costing calculations to the National Audit Office on a very timely basis and must make themselves available to do so. It is expected this may be required up to the end of June within each Contract Year.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6895976c-9850-4474-985a-849d2b4a2e1e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1a897982-5cf2-40cf-9cf7-230a4853a8ab
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
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services

CPV Codes

71315300 - Building surveying services

Notice Value(s)

Tender Value
£292,000 £100K-£500K
Lots Value
Not specified
Awards Value
£292,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Jan 20242 years ago
Submission Deadline
7 Nov 2023Expired
Future Notice Date
Not specified
Award Date
28 Nov 20232 years ago
Contract Period
27 Nov 2023 - 26 Nov 2028 Over 5 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
UK SHARED BUSINESS SERVICES LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SWINDON
Postcode
SN2 1FF
Post Town
Swindon
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK71 Swindon
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
Swindon
Electoral Ward
Rodbourne Cheney
Westminster Constituency
Swindon North

Supplier Information

Number of Suppliers
1
Supplier Name

CARTER JONAS

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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