Award

Upper Trinity Street, Digbeth valuation

HOMES ENGLAND (THE NAME ADOPTED BY THE HOMES AND COMMUNITIES AGENCY)

This public procurement record has 2 releases in its history.

Award

26 Feb 2025 at 12:59

Award Notice
Tender

24 Feb 2025 at 11:48

Tender Notice
Summary of the contracting process

Homes England has completed the procurement process for the "Upper Trinity Street, Digbeth valuation," falling under the real estate services category. Knight Frank LLP has been awarded the contract valued at £65,400. The procurement method was an open procedure, and the contract period is from 28th February 2025 to 16th June 2025. The valuation reports are aimed to assess the market value of the property Phases 2-5 under various conditions concerning existing planning consent and additional grants. The project is located in England, United Kingdom, and was published on 24th February 2025, with the award date on 26th February 2025.

This tender presents significant opportunities for businesses specialising in real estate valuation and consulting services. Companies adept at providing detailed market analysis, particularly those experienced in properties with complex planning scenarios, would be well-suited to compete. It highlights Homes England's commitment to thorough and strategic property valuations which are crucial for market transactions and security lending, creating growth prospects for firms capable of delivering high-quality and comprehensive valuation reports.

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Notice Information

Notice Title

Upper Trinity Street, Digbeth valuation

Notice Description

Red Book valuation provided to Homes England regarding Upper Trinity Street, Digbeth. The following scope of reporting requirements includes: * Draft Red Book Valuation Report with indicative security value * Completed Red Book Valuation Report for the purpose of security lending Both reports should include commentary on the following: * Market value of Phases 2-5 if the property were to be sold today. * Market Value of the Property (Phases 2-5) both individually and collectively based on the existing planning consent (excluding Phase 1). * Market Value of the Property (Phases 2-5) both individually and collectively based on the existing planning consent (excluding Phase 1) and a special assumption of receipt of PS3.17m grant to the Borrower for abnormal costs incurred related to Phase 1 (further detail to be provided on Instruction). * Market Value of the Property (Phases 2-5) both individually and collectively based on the existing planning consent (excluding Phase 1) and a special assumption of receipt of PS3.17m grant to the Borrower for abnormal costs incurred related to Phase 1 and additional massing (57 dwellings) on Phase 2 through a s73 amendment (supporting documentation to be provided on Instruction). * Market Value of the Property on the basis of (Phases 2-5) both individually and collectively on the special assumption of a new planning consent, (excluding Phase 1) and receipt of PS3.17m grant to the Borrower for abnormal costs incurred related to Phase 1 and additional massing on Phase 2-5 (+303 dwellings includes change of use)

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-78f20e80-78a9-45b7-8cce-5c0fd93d0c40
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0ce9aa1b-8154-42db-88fd-fb205a720cfc
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
£65,400 Under £100K
Lots Value
Not specified
Awards Value
£65,400 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
26 Feb 202512 months ago
Submission Deadline
24 Feb 2025Expired
Future Notice Date
Not specified
Award Date
26 Feb 202512 months ago
Contract Period
28 Feb 2025 - 16 Jun 2025 1-6 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
HOMES ENGLAND (THE NAME ADOPTED BY THE HOMES AND COMMUNITIES AGENCY)
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
E14 4PU
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
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
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

KNIGHT FRANK

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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