Award

Modern Equivalent Asset (MEA) Valuation

GUY'S AND ST THOMAS' NHS FOUNDATION TRUST

This public procurement record has 1 release in its history.

Award

26 Feb 2025 at 15:29

Summary of the contracting process

Guy's and St Thomas' NHS Foundation Trust has completed a procurement process for "Modern Equivalent Asset (MEA) Valuation" under the industry category of non-residential property services. The project focuses on the modern equivalent asset calculation of the Trust's property portfolio in London, United Kingdom. The procurement process progressed to the award stage, with the contract period starting on 16 December 2024 and concluding on 31 March 2025. The tender, valued at £500,000, was conducted using a selective procurement method, specifically a call-off from a framework agreement, and was awarded on 26 February 2025 to Constellia Public Ltd.

This tender presents a significant opportunity for businesses specialising in asset valuation services, particularly those capable of handling complex portfolios within the healthcare sector. Small and Medium-sized Enterprises (SMEs) are well-suited to compete for similar future tenders, given the suitability criteria. Companies that can provide specialised property valuation services efficiently and effectively will find opportunities for business growth through similar procurement processes managed by NHS Trusts and other public sector organisations. Engaging in such contracts can enhance credentials and expand market presence in the public sector.

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Notice Title

Modern Equivalent Asset (MEA) Valuation

Notice Description

Modern equivalent asset calculation of the Trusts property portfolio. Additional information: This requirement was awarded through the ESPO, Managed Services for Temporary Agency Resources, Lot 4 Statement of Works (Project Delivery)

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-855d0a3c-c43b-49df-8535-bed45bf4b399
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cb9bfbbe-0acd-445f-b28f-27c379a13e40
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services


CPV Codes

70332000 - Non-residential property services

Notice Value(s)

Tender Value
£500,000 £500K-£1M
Lots Value
Not specified
Awards Value
£500,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
26 Feb 202512 months ago
Submission Deadline
8 Dec 2024Expired
Future Notice Date
Not specified
Award Date
26 Feb 202512 months ago
Contract Period
16 Dec 2024 - 31 Mar 2025 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
GUY'S AND ST THOMAS' NHS FOUNDATION TRUST
Contact Name
Bill Martin
Contact Email
bill.martin@gstt.nhs.uk
Contact Phone
07906583756

Buyer Location

Locality
LONDON
Postcode
SE1 9RT
Post Town
South East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI44 Lewisham and Southwark
Delivery Location
TLI London

Local Authority
Southwark
Electoral Ward
London Bridge & West Bermondsey
Westminster Constituency
Bermondsey and Old Southwark

Supplier Information

Number of Suppliers
1
Supplier Name

CONSTELLIA PUBLIC

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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