Award

CORP066 Valuation Services

SOMERSET NHS FOUNDATION TRUST

This public procurement record has 1 release in its history.

Award

23 Oct 2025 at 09:34

Summary of the contracting process

The procurement process titled "CORP066 Valuation Services" was conducted by Somerset NHS Foundation Trust, focusing on the provision of financial consultancy services with an industry classification under CPV code 66171000. The procurement process, which followed a selective method and was a call-off from a framework agreement, reached the award stage on 21st October 2025. The services are to be delivered in the South West region of the United Kingdom, specifically in Taunton, with the contract period extending from 1st October 2025 to 30th September 2029. The tender period concluded on 30th September 2025, and the contract was valued at £53,000.

This tender presents a substantial opportunity for businesses specialising in financial consultancy services, particularly those capable of providing comprehensive valuation services. With a total contract value of £53,000 over a four-year period, small and medium-sized enterprises (SMEs) are particularly well-suited to compete, although larger firms like Cushman & Wakefield Debenham Tie Leung Limited, which was awarded the contract, also find it attractive. Such contracts can enhance business growth by offering stable, long-term revenue and the chance to build a prestigious portfolio with a reputable organisation like Somerset NHS Foundation Trust.

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Notice Title

CORP066 Valuation Services

Notice Description

Provision of valuation services

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9151affe-96fd-4790-b9c0-ffb49ea2539e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ad9123e0-ce5d-4287-a6de-a98cb8ff65f8
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

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£53,000 Under £100K
Lots Value
Not specified
Awards Value
£53,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
23 Oct 20254 months ago
Submission Deadline
30 Sep 2025Expired
Future Notice Date
Not specified
Award Date
20 Oct 20254 months ago
Contract Period
30 Sep 2025 - 30 Sep 2029 4-5 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
SOMERSET NHS FOUNDATION TRUST
Contact Name
Carrie-Anne Hiscock
Contact Email
carrie-anne.hiscock@somersetft.nhs.uk
Contact Phone
Not specified

Buyer Location

Locality
TAUNTON
Postcode
TA1 5DA
Post Town
Taunton
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK6 North Somerset, Somerset and Dorset
Small Region (ITL 3)
TLK62 Somerset
Delivery Location
TLK South West (England)

Local Authority
Somerset
Electoral Ward
Bishop's Hull & Taunton West
Westminster Constituency
Taunton and Wellington

Supplier Information

Number of Suppliers
1
Supplier Name

CUSHMAN & WAKEFIELD DEBENHAM TIE LEUNG

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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