Tender

Valuation of West Midlands Pension Fund Agricultural Portfolio

WOLVERHAMPTON CITY COUNCIL

This public procurement record has 1 release in its history.

Tender

18 Nov 2016 at 20:17

Tender Notice
Summary of the contracting process

The Wolverhampton City Council is seeking tenders for the "Valuation of West Midlands Pension Fund Agricultural Portfolio," targeting non-residential property services. This procurement process is currently in the active tendering stage, with submissions due by 3rd May 2016. The overall value of the contract is £40,000, which is intended to facilitate medium-term valuations of agricultural holdings across the West Midlands region, including Cheshire, Cleveland, Warwickshire, and Bedfordshire. The contract is set to commence on 17th May 2016 and will run for three years, concluding on 16th May 2019, and follows an open procurement method.

This tender presents a significant opportunity for businesses specialising in property valuation services, particularly those with experience in managing agricultural portfolios. Small and medium-sized enterprises (SMEs) may find this tender especially suitable, as it aims to foster a co-operative culture between the Fund and the Manager. Companies that can demonstrate a history of similar mandates and the specialist skills required to deliver efficient valuations would be well-positioned to compete for this contract.

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Notice Information

Notice Title

Valuation of West Midlands Pension Fund Agricultural Portfolio

Notice Description

The requirement is to develop a medium term contract let by the Council for valuation of the West Midlands Pension Funds Agricultural portfolio, currently valued at cPS9.5m comprising 4 holdings as follows: Holding Acreage Tenancy Cheshire 435 4 Tenants Vacant Land Cleveland 996 4 Tenants Warwickshire 57 1 Tenant Bedfordshire 3 1 Tenant The aims of the contract are to develop a mutually beneficial contractual arrangement which will: * Provide an efficient mechanism of providing valuations. * Have access to the specialist skills needed, demonstrated by a history of similar mandates. * Provide and sustain an open, co-operative and business like culture between the Fund and the Manager. * Maintain a professional and respected position on corporate governance and related issues. Additional information: Please follow the link to https://wolverhampton.marketdojo.com and Sign Up for free Once you're signed up and logged in, click on the 'Show All or Enter Invite Code' button in the Event Invitations box. Here you can 'Apply' for the event using invitation code: F72060

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-95672605-adc9-11e6-9901-0019b9f3037b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/54fbb2ff-6f5f-4be7-a79d-e0cf6b819a31
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

70322000 - Vacant-land rental or sale services

70332000 - Non-residential property services

Notice Value(s)

Tender Value
£40,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
18 Nov 20169 years ago
Submission Deadline
3 May 2016Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
16 May 2016 - 16 May 2019 2-3 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
WOLVERHAMPTON CITY COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
WOLVERHAMPTON
Postcode
WV1 1SH
Post Town
Wolverhampton
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG39 Wolverhampton
Delivery Location
TLG West Midlands (England)
Local Authority
Wolverhampton
Electoral Ward
St Peters
Westminster Constituency
Wolverhampton West

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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