Tender

London and Quadrant Valuations Dynamic Purchasing System (DPS)

L&Q GROUP

This public procurement record has 4 releases in its history.

TenderAmendment

21 Nov 2024 at 13:08

TenderAmendment

21 Nov 2024 at 13:08

TenderAmendment

20 Nov 2024 at 12:44

Tender

04 Jul 2024 at 12:20

Summary of the contracting process

London and Quadrant Housing Trust, known as L&Q Group, has initiated a Dynamic Purchasing System (DPS) for valuation services, named "London and Quadrant Valuations Dynamic Purchasing System (DPS)." This procurement falls under the industry category of real estate services, with additional classifications in financial and insurance services. The DPS is divided into two lots: Development and Asset Management, and Commercial. This procurement uses a restricted procedure as specified in the Public Contract Regulations 2015. The DPS is active from 1st January 2023 for a period of eight years, and interested suppliers can apply to join at any time by satisfying the selection criteria. The tender period ends on 24th February 2029, with contracts starting on 25th February 2029 and ending on 26th February 2029. Deliveries are expected at various global locations, including the British Oversea Territories, Channel Islands, Europe, Isle of Man, Rest of the World, and the United Kingdom.

This DPS presents significant opportunities for businesses in the real estate and financial sectors to engage in long-term, recurrent valuation services for L&Q Group and other authorised users. With the option to join one or both lots, businesses specialising in development, asset management, or commercial valuations can secure ongoing contracts. As this DPS remains open throughout its eight-year validity, it offers continuous opportunities for growth and engagement for established, well-qualified firms capable of meeting the strict selection criteria. The procurement process allows potential suppliers to join at any point, ensuring a competitive and dynamic market environment. Interested businesses should follow the provided steps on the mentioned tender portal to apply and gain access to comprehensive procurement documents.

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Notice Title

London and Quadrant Valuations Dynamic Purchasing System (DPS)

Notice Description

London and Quadrant Housing Trust is setting up a Dynamic Purchasing System for valuation services (the DPS) for itself and other housing associations or public sector entities advertised in the Find a Tender Service notice and Contracts finder (Authorised Users) to place Orders when they have a requirement for valuation services. The DPS will be divided into two (2) lots which cover particular categories of valuations that may be required by Authorised Users. These lots are 1. Lot 1 Development and Asset Management 2. Lot 2 Commercial Potential Suppliers can apply to be admitted to Lot 1 or Lot 2, or both. L and Q will select a supplier in accordance with the DPS Rules (available to view on the Tender Portal) from the pool of admitted participants to the DPS (Potential Suppliers), who have passed this SQ in relation to any particular lot, to fulfil an Order based on its response to a further request to supply document (RFP). This is a procurement using the Restricted Procedure as required under Regulation 34(5) of The Public Contract Regulations 2015 (PCR 2015) In accordance with Regulation 34(2) of the PCR 2015, the DPS shall be open throughout the period of validity of the DPS to any Potential Supplier that satisfies the selection criteria. The anticipated period during which the DPS will be available (i.e. during which Orders may be entered into) will be 8 years from 1st January 2023. It is possible that the term of any Order entered into under the DPS may extend beyond the period of availability of the DPS. All procurement documents can be accessed using this link: https://in-tendhost.co.uk/lqgroup/aspx/Home Additional information: To apply, please follow the link and the steps below: https://www.in-tendhost.co.uk/lqsupplychainmanagement/aspx/Home Is a Recurrent Procurement Type? : No

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6f67774a-cd3b-4f1d-9801-e90896079f4a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/61e91fae-ce81-4484-8053-ae759869804d
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure (above threshold)
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

70 - Real estate services


CPV Codes

66000000 - Financial and insurance services

70000000 - Real estate services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
21 Nov 20241 years ago
Submission Deadline
24 Feb 20294 years to go
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
25 Feb 2029 - 26 Feb 2029 30 days
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
L&Q GROUP
Contact Name
Tara McNamara
Contact Email
taramcnamara@lqgroup.org.uk
Contact Phone
03004569998

Buyer Location

Locality
LONDON
Postcode
E15 4PH
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
Not specified

Local Authority
Newham
Electoral Ward
Stratford
Westminster Constituency
Stratford and Bow

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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