Award

Asset Valuation

ST ALBANS CITY & DISTRICT

This public procurement record has 1 release in its history.

Award

01 Mar 2023 at 10:44

Summary of the contracting process

The St Albans City & District Council has recently awarded a contract for Asset Valuation services through a selective procurement method, calling off from a framework agreement. The contract involves the valuation of buildings and land for Capital Accounting Purposes, with a total value of £170,000. The contract period runs from February 20, 2023, to February 19, 2026. The buying organisation handling this procurement is St Albans City & District located in ST ALBANS, England, within the services category. The tender deadline was on November 15, 2022.

This tender for Asset Valuation services presents business growth opportunities for qualified service providers, especially those offering financial auditing, statutory audit, and evaluation consultancy services. Small and medium-sized enterprises (SMEs) are considered suitable for this procurement as indicated by the procurement suitability criteria. Businesses based in the South East region of the United Kingdom would find this opportunity particularly relevant. CBRE Limited has been awarded the contract, showcasing the potential for similar service providers to succeed in future procurements within the same industry category.

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Notice Title

Asset Valuation

Notice Description

The Council wishes to appoint a suitably qualified Service Provider to undertake the provision of supplying an Asset Valuation Service in relation to valuation of its buildings and land (both General Fund and Housing Revenue Account assets) for the Capital Accounting Purposes.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8d50165b-5c45-4c2a-9640-4b66bfe3e3f6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f0f60542-8db5-427c-bcd9-3534da9a4004
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79212100 - Financial auditing services

79212300 - Statutory audit services

79419000 - Evaluation consultancy services

Notice Value(s)

Tender Value
£170,000 £100K-£500K
Lots Value
Not specified
Awards Value
£139,475 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
1 Mar 20232 years ago
Submission Deadline
15 Nov 2022Expired
Future Notice Date
Not specified
Award Date
22 Dec 20223 years ago
Contract Period
20 Feb 2023 - 19 Feb 2026 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
ST ALBANS CITY & DISTRICT
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
ST ALBANS
Postcode
AL1 3JE
Post Town
St Albans
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH27 South West Hertfordshire
Delivery Location
TLJ South East (England)

Local Authority
St Albans
Electoral Ward
St Peters
Westminster Constituency
St Albans

Supplier Information

Number of Suppliers
1
Supplier Name

CBRE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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