Award

Asset Valuation Services (CCS Call-off)

LONDON BOROUGH OF SUTTON

This public procurement record has 1 release in its history.

Award

31 Mar 2025 at 09:58

Summary of the contracting process

The London Borough of Sutton has completed the tender process for "Asset Valuation Services (CCS Call-off)" within the real estate services industry category. This procurement focuses on valuing property assets, including operational, commercial investments, and residential portfolios. The procurement was carried out through an open procedure and concluded with an award via Lot 5 of the Crown Commercial Services Estate Management Services framework RM6168. Valuation services will be provided by Montagu Evans LLP, a contract spanning from January 27, 2025, to January 26, 2028. The contract's value is £208,125 and is located in England, United Kingdom.

This tender presents significant business growth opportunities, particularly for companies specialising in real estate valuation, property management, and advisory services. Small and medium-sized enterprises (SMEs) were deemed suitable for this contract, indicating potential for similar businesses to engage in such procurement processes. The London Borough of Sutton values thorough and expert service delivery, making this an attractive proposition for firms looking to expand their client base and gain robust public sector experience.

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Notice Title

Asset Valuation Services (CCS Call-off)

Notice Description

The contract is for an external valuer to undertake the valuation of its property assets, operational, commercial investment and the residential portfolio. The procurement route was a direct award via Lot 5 (Valuation and Compulsory Purchase Orders) of the Crown Commercial Services Estate Management Services framework RM6168.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6ef45a2f-9288-4684-bc38-a532b751f2f3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/814e79ac-d5bd-46a8-9d3a-d33b1e057b70
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
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services


CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
£208,125 £100K-£500K
Lots Value
Not specified
Awards Value
£208,125 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
31 Mar 202510 months ago
Submission Deadline
20 Dec 2024Expired
Future Notice Date
Not specified
Award Date
9 Jan 20251 years ago
Contract Period
27 Jan 2025 - 26 Jan 2028 2-3 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
LONDON BOROUGH OF SUTTON
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SUTTON
Postcode
SM1 1EA
Post Town
Sutton
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI63 Merton, Kingston upon Thames and Sutton
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
Sutton
Electoral Ward
Sutton Central
Westminster Constituency
Sutton and Cheam

Supplier Information

Number of Suppliers
1
Supplier Name

MONTAGU EVANS

Further Information

Notice Documents

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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