Award

External Evaluation - Commercial Investments

WARRINGTON BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

15 Dec 2023 at 15:50

Summary of the contracting process

The Warrington Borough Council has successfully completed a tender process for the procurement of External Evaluation - Commercial Investments. The contract, valued at £60,000 GBP, involves real estate services in England, United Kingdom. The procurement method used was a selective approach with a restricted procedure. The tender period ended on December 8, 2023, with the contract period scheduled from December 21, 2023, to April 5, 2024.

This opportunity could be of interest to businesses offering real estate services and valuation expertise. The Warrington Borough Council, as the buying organisation, sought a supplier for the annual valuation of its investment portfolio. Businesses in the real estate sector, particularly those experienced in financial reporting standards like IFRS, may find this tender well-suited for their expertise. Jones Lang Lasalle Limited was the successful supplier, winning the contract worth £59,000 GBP.

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Notice Title

External Evaluation - Commercial Investments

Notice Description

The Council holds an Investment portfolio which is required to be valued annually as part of its financial reporting. The financial statements of local authorities need to be prepared in accordance with the Code of Practice on Local Authority Accounting in the United Kingdom (the 'Code'), published by the Chartered Institute of Public Finance and Accountancy (CIPFA), which is based on the International Financial Reporting Standards (IFRS).

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-835e6059-7b9b-4995-a16e-71c2c259403f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/60299832-6680-45bf-88cb-de8c6e1e5d2e
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted 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
£60,000 Under £100K
Lots Value
Not specified
Awards Value
£59,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
15 Dec 20232 years ago
Submission Deadline
8 Dec 2023Expired
Future Notice Date
Not specified
Award Date
15 Dec 20232 years ago
Contract Period
21 Dec 2023 - 30 Apr 2024 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
WARRINGTON 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
WARRINGTON
Postcode
WA1 2NT
Post Town
Warrington
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD6 Cheshire
Small Region (ITL 3)
TLD61 Warrington
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
Warrington
Electoral Ward
Bewsey and Whitecross
Westminster Constituency
Warrington South

Supplier Information

Number of Suppliers
1
Supplier Name

JONES LANG LASALLE

Further Information

Notice Documents

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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