Award

NML Estate Revaluation

NATIONAL MUSEUMS ON MERSEYSIDE

This public procurement record has 5 releases in its history.

Award

14 Mar 2017 at 15:41

TenderAmendment

14 Mar 2017 at 15:37

TenderAmendment

30 Jan 2017 at 16:44

TenderAmendment

27 Jan 2017 at 14:21

Tender

18 Jan 2017 at 16:24

Summary of the contracting process

The National Museums of Liverpool (NML) is conducting a procurement process for a full valuation of their property assets as at 31 March 2017. This tender, titled "NML Estate Revaluation," falls under the insurance services category and is based in Liverpool, England, with a specific end date for submissions on 2 February 2017. The procurement method utilised is an open procedure, and the resulting contract period is set from 16 February 2017 until 21 April 2017. The opportunity aligns with government financial reporting standards and demands compliance with RICS Valuation - Professional Standards.

This procurement presents significant opportunities for businesses specialising in real estate services, insurance, and building management. Companies that are small to medium-sized enterprises (SMEs) would be particularly well-suited to engage in this tender, given the emphasis on inviting diverse competition. Participating firms can leverage this opportunity to showcase their expertise in valuation methodologies, potentially expanding their service contracts within the public sector.

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Notice Title

NML Estate Revaluation

Notice Description

National Museums of Liverpool ("NML") require a full valuation of the land and buildings of their property assets as at 31 March 2017 for inclusion in Financial Statements, using the Existing Use (EUV) and Depreciated Replacement Cost (DRC) method in accordance with Government Financial Reporting Manual (FReM). The valuation should comply fully with the requirements of the RICS Valuation - Professional Standards 2014 ("Red Book") (Amended April 2015) published by the Royal Institution of Chartered Surveyors. It should also refer to UKGN 7 Valuations for Charities for accounting periods on or after 1 January 2015 the new Charities SORPs, based on FRS 102. A full description and instructions for tender responses are contained with the Specification attachment

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6ac1af7a-0dee-4134-aad0-ba75d946590e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/20ba1be5-e3d5-4caf-beb1-f45d50b5454b
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

70 - Real estate services

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


CPV Codes

66510000 - Insurance services

70100000 - Real estate services with own property

79993000 - Building and facilities management services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£25,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
14 Mar 20178 years ago
Submission Deadline
2 Feb 2017Expired
Future Notice Date
Not specified
Award Date
16 Feb 20179 years ago
Contract Period
17 Feb 2017 - 21 Apr 2017 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NATIONAL MUSEUMS ON MERSEYSIDE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LIVERPOOL
Postcode
L2 2JH
Post Town
Liverpool
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
Not specified

Local Authority
Liverpool
Electoral Ward
City Centre North
Westminster Constituency
Liverpool Riverside

Supplier Information

Number of Suppliers
1
Supplier Name

DELOITTE

Open Contracting Data Standard (OCDS)

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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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