Tender

Asset and Insurance Valuation

TEST VALLEY BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Tender

25 Oct 2024 at 12:37

Tender Notice
Summary of the contracting process

Test Valley Borough Council, located in Andover, is currently seeking a consultant or firm to provide annual asset and insurance valuation reports for a period of three years, potentially extending to six years depending on performance. This open procedure tender falls within the real estate services category and is based in the South East region of the United Kingdom. Key deadlines include the end of the tender period on 25 November 2024, with the contract commencing on 17 December 2024 and concluding on 16 December 2030. The procurement stage is currently active, presenting a timely opportunity for interested parties to submit their bids.

This tender represents a significant opportunity for businesses specialising in real estate services, particularly those experienced in asset and insurance valuations. Small and medium-sized enterprises (SMEs) as well as voluntary, community, and social enterprises (VCSEs) are encouraged to participate. Such firms could leverage this contract to strengthen their portfolio and gain a foothold in the public sector market. The requirement for adherence to CIPFA and RICS regulations also underscores the importance of professional expertise, making this an ideal contract for businesses with a strong track record in statutory compliance and valuation services.

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Notice Information

Notice Title

Asset and Insurance Valuation

Notice Description

Test Valley Borough Council is seeking to appoint consultant or firm to provide annual asset valuation reports and insurance valuation reports in accordance with CIPFA and RICS regulations. The contract duration is 3 Years (with the possibility of 3 year extension, to a maximum of 6 years, subject to satisfactory performance and the agreement of both parties). The services to be provided will also include providing responses to auditor's and insurer's questions within specified timescales. Further details are available at https://uk.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=87054&B=UK

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-74d5bfe4-bd18-4c1d-9566-d4367d3feb90
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/868858d9-d21e-46d3-9c55-99d89466686a
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
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
£180,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
25 Oct 20241 years ago
Submission Deadline
25 Nov 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
17 Dec 2024 - 16 Dec 2030 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
TEST VALLEY BOROUGH COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
ANDOVER
Postcode
SP10 3AJ
Post Town
Salisbury
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ36 Central Hampshire
Delivery Location
TLJ South East (England)
Local Authority
Test Valley
Electoral Ward
Andover Millway
Westminster Constituency
North West Hampshire

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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