Award

Valuing Domestic Properties Before and After Energy Efficiency Measures Have Been Installed

BUSINESS ENERGY AND INDUSTRIAL STRATEGY

This public procurement record has 3 releases in its history.

Award

23 Mar 2018 at 15:30

Award Notice
TenderAmendment

06 Feb 2018 at 11:42

Tender Notice
Tender

06 Feb 2018 at 10:04

Tender Notice
Summary of the contracting process

The Business Energy and Industrial Strategy (BEIS) is conducting a tender titled "Valuing Domestic Properties Before and After Energy Efficiency Measures Have Been Installed," aimed at evaluating the price impact of solid wall insulation (SWI) on domestic properties. Located in Birmingham, the project has a budget of £50,000 and is classified under research and development services. The tender period concluded on 16 February 2018, with the contract set to commence on 1 March 2018 and end on 22 June 2018. The procurement method utilised for this process was an open procedure, which is suitable for small and medium-sized enterprises (SMEs) as well as voluntary and community sector enterprises (VCSEs).

This procurement offers a significant opportunity for businesses specialising in market research, property valuation, and energy efficiency consulting. Companies that possess expertise in quantitative and qualitative analysis, particularly relating to property assessment and energy performance, are well-suited to compete in this tender. The successful supplier will also have the chance to contribute meaningful insights that could influence future energy efficiency measures and property valuation practices, potentially leading to increased business prospects in the growing sector of sustainable housing.

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Notice Information

Notice Title

Valuing Domestic Properties Before and After Energy Efficiency Measures Have Been Installed

Notice Description

This study is a proof of concept pilot for a larger scale study examining the price impact of installing solid wall insulation (SWI) to domestic properties. The budget of the project is PS50,000 excluding VAT, and will include homes that are set to have SWI installed in the first half of 2018 in Birmingham. The price effect of SWI is a complex matter due to its positive effect on energy performance, but ambiguous effect on other dwelling characteristics such as aesthetics, and negative impact on floor space (for internal insulation). This project aims to ascertain the price effect of SWI on property valuations by comparing them before and after the installation. It also aims to shed light on the decision-making process of property surveyors. The successful contractor is expected to carry out quantitative analysis on the price uplift associated with the installation of internal and/or external SWI from the properties included in the study. Concurrently, BEIS will undertake internal analysis of the National Energy Efficiency Data framework, to calculate the price uplift of energy performance improvements, expected if house buyers were valuing their benefits in a rational market. This information will be provided to the successful contractor to be compared against the observed effect. In order to shed light on surveyors' decision making process, the study must also include qualitative analysis. This will be achieved through interviews and analysis of surveyors' itemised valuations. This should identify the key drivers of valuations and explain their relative strengths, and supplement the quantitative findings. Marks will be awarded as specified in the ITT, with particular attention paid to the methodology. Tenders should include a schedule of interview questions, the number of interviews, and statistical methods to optimise the robustness of the findings. Marks for qualitative and quantitative analysis will be weighted equally. Bids will also be marked on their ability to source sufficient numbers of contractors in the project area. This is because in order to provide accurate valuations, surveyors need in-depth local knowledge. A full list of marking criteria and weights, and more in-depth suggested methodology can be found in the ITT document. Additional information: The findings of this study are hoped to assist the delivery of energy performance measures through ECO, as well as informing property valuation guidance published by the Royal Institute of Chartered Surveyors, with the aim of increasing their focus on energy performance. Further, findings will contribute to calls for evidence by the Energy Efficient Mortgages Action Plan, which aims to increase access to credit for house-buyers seeking to improve the energy efficiency of their properties. Therefore, this research project has potentially far-reaching impacts and may contribute to the achievement of both UK and EU energy efficiency targets and carbon budgets. How to Apply: If you wish to take part in this procurement please see the attached Tender documents attached to this Notice and send your completed Proposal to Calum Knox (calum.knox@beis.gov.uk; 1 Victoria Street, SW1H0ET). Any late submissions will not be considered. BEIS reserves the right to halt the procurement process and to not award a contract. BEIS will not be held liable for recovery of costs from unsuccessful bids if a contract is not awarded. All costs will be borne by the bidding organisations. If a contract is created it will be upon BEIS Standard Terms and Conditions or the Short Form Terms and Conditions, which are available on Contracts Finder with this notice. Completed tender submission must be returned by post to BEIS, address given at the top of this advertisement, by 16/02/18. Electronic versions of your bids are to be sent the deadline to Calum Knox (calum.knox@beis.gov.uk). After reviewing and evaluating the written proposals, BEIS may decide to hold bid clarification meetings with suppliers. If successful and upon contract signature, the supplier is expected to attend a kick-off meeting taking place on 01/03/18.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-905273f4-4c41-43ee-8254-c63fdf9cd245
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9d277174-c12b-4cdb-8b29-255ff1267985
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 (below threshold)
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

CPV Codes

73000000 - Research and development services and related consultancy services

Notice Value(s)

Tender Value
£50,000 Under £100K
Lots Value
Not specified
Awards Value
£52,700 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
23 Mar 20187 years ago
Submission Deadline
16 Feb 2018Expired
Future Notice Date
Not specified
Award Date
26 Feb 20188 years ago
Contract Period
1 Mar 2018 - 22 Jun 2018 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
BUSINESS ENERGY AND INDUSTRIAL STRATEGY
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
SW1H 0ET
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLG West Midlands (England)
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

PURPLE MARKET RESEARCH

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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