Tender

P5219A Professional Valuation Service (Asset Valuation Rating)

TOWER HAMLETS

This public procurement record has 1 release in its history.

Tender

20 Jun 2017 at 08:37

Summary of the contracting process

The London Borough of Tower Hamlets (LBTH) is currently seeking expressions of interest for the tender titled "P5219A Professional Valuation Service (Asset Valuation Rating)." This procurement falls under the real estate services industry category and is taking place in London, England. The tender is in the planning stage, with the application deadline set for 19 July 2017. The estimated contract value ranges from £360,000 to £480,000, with an anticipated contract start date of 1 October 2017, lasting for an initial period of 60 months, with an option for a 12-month extension.

This tender presents a significant opportunity for businesses specialising in professional valuation services, particularly those that are RICS accredited. Companies that can deliver annual asset valuations, insurance valuations, and rating advice would be well-suited to participate. Small and medium-sized enterprises (SMEs) are encouraged to apply, potentially benefiting from increased exposure and contracts within the public sector. Engaging with this opportunity could facilitate business growth for organisations looking to expand their client base in the public procurement landscape.

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Notice Title

P5219A Professional Valuation Service (Asset Valuation Rating)

Notice Description

Professional Valuation Services - Asset Valuations, Insurance Valuations & Rating The London Borough of Tower Hamlets (LBTH) is seeking expressions of interest from interested organisations for the above services. Description: The Council wishes to appoint a suitably qualified company to provide professional valuation services across its corporate property & housing estate. The contracts require RICS accredited firms to provide a range of services including annual asset valuations (general fund and HRA), re-instatement valuations for insurance purposes and rating advice relating to the 2017 list. The anticipated contract start date is: Sunday, 01 October 2017 The estimated value of the contract is: PS360,000 - PS480,000 Total Cost For a period of: 60 months + 12 month extension Organisations wishing to express their interest are requested to register on the London Tenders Portal (www.londontenders.org) where the tender documentation will be available for download. You may be required to complete a Selection Questionnaire (SQ). Organisations must ensure that access to the system is available to their representatives dealing with the contract. The council will not be liable for the lack of delegated access within the organisation and will not send any documentation regarding the contract, which shall be exclusively available through the portal. Tenderers are responsible for allowing sufficient time to submit their ITT/SQ. The Council accepts no liability whatsoever for ITT/SQs that are not submitted due to internet connectivity issues, transmission delays or errors.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-919f77e4-a1d4-4365-8ebf-0657a22eca54
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/74b63d70-1427-4564-88fb-5804fac4cdf3
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services


CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
£480,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
20 Jun 20178 years ago
Submission Deadline
19 Jul 2017Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Sep 2017 - 30 Sep 2023 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
TOWER HAMLETS
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
E14 2BG
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
Not specified

Local Authority
Tower Hamlets
Electoral Ward
Poplar
Westminster Constituency
Poplar and Limehouse

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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