Tender

City Fund Operational Valuations

CITY OF LONDON CORPORATION

This public procurement record has 1 release in its history.

Tender

19 Aug 2024 at 13:35

Summary of the contracting process

The City of London Corporation is initiating an open procurement process for "City Fund Operational Valuations" within the property management services sector. This tender, under the CPV code 70330000, aims to appoint a qualified Professional Service Provider to perform valuations for capital accounting purposes to be included in the City's financial statements from March 2023 onwards. The services will cover various locations across London, UK, with key deadlines including a tender closure on 17th September 2024 and a contract period spanning from 4th November 2024 to 5th November 2029.

This procurement presents a significant growth opportunity for businesses specialised in property management services. With a contract value of £300,000, the tender is particularly suited for SMEs and Voluntary, Community, and Social Enterprises (VCSEs) that can provide expert valuations. Participants will benefit from long-term engagement with the City of London Corporation, enhancing their portfolio and establishing a reputable partnership in the property management industry.

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Notice Title

City Fund Operational Valuations

Notice Description

The Authority are seeking to appoint a suitably qualified Professional Service Provider (PSP) to provide valuations for capital accounting purposes for incorporation in the City's accounts under CIPFA as at 31 March 2023 for inclusion in the City's Annual Report and Financial Statements and for internal management and accounting purposes. This work will then need to be carried out on an annual basis while the contract is in place. Additional information: https://www.find-tender.service.gov.uk/Notice/026318-2024?

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-707667cc-ed7b-4e96-b126-472aa401955b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/56a3a235-0b6e-471e-9cac-3041981dde1e
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services


CPV Codes

70330000 - Property management services of real estate on a fee or contract basis

Notice Value(s)

Tender Value
£300,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
19 Aug 20241 years ago
Submission Deadline
17 Sep 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
4 Nov 2024 - 5 Nov 2029 Over 5 years
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
CITY OF LONDON CORPORATION
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
EC2P 2EJ
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
TLI London

Local Authority
Islington
Electoral Ward
Clerkenwell
Westminster Constituency
Islington South and Finsbury

Open Contracting Data Standard (OCDS)

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