Tender

Financial Viability Assessment Framework

LONDON BOROUGH OF SUTTON

This public procurement record has 1 release in its history.

Tender

01 Aug 2017 at 08:26

Summary of the contracting process

The London Borough of Sutton is currently conducting a tender process for the "Financial Viability Assessment Framework," aimed at establishing a panel of expert consultancy support. This initiative is part of the Council's efforts to fulfil its obligations in assessing the financial viability of proposed developments in the building services sector, specifically within London. The tender was published on 1st August 2017, with a closing date set for 29th August 2017. The successful framework will be operational for four years, starting from 5th October 2017 until 19th July 2021, with a total contract value of £500,000.

This tender represents a valuable opportunity for consultancy firms specialising in financial viability assessments and business advisory services, especially those with experience in working with local councils and developers. Opportunities may particularly favour organisations that can demonstrate expertise in ensuring compliance with statutory and non-statutory regulations in the construction sector. Companies that fit the criteria for voluntary community and social enterprises (VCSE) are encouraged to engage, as this tender may provide a significant pathway for growth in the local market.

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Notice Title

Financial Viability Assessment Framework

Notice Description

The London Borough of Sutton is seeking the establishment of a panel of expert consultancy support for the Council to meet its statutory and non-statutory obligations in assessing the financial viability of proposed developments. A Framework will be established to this end for a period of 4 years. This aims to ensure a consistent approach to the assessment of development viability across London and to give greater clarity to developers.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-960ccc9b-c6fe-4f28-80d2-e4fc86534bf6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2d92a989-58fb-4869-bd98-77dd8875b922
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
VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services


CPV Codes

71315000 - Building services

Notice Value(s)

Tender Value
£500,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
1 Aug 20178 years ago
Submission Deadline
29 Aug 2017Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
4 Oct 2017 - 19 Jul 2021 3-4 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
LONDON BOROUGH OF SUTTON
Contact Name
Sharon King-Holmes
Contact Email
sharon.king-holmes@sutton.gov.uk
Contact Phone
+44 2087705316

Buyer Location

Locality
SUTTON
Postcode
SM1 1EA
Post Town
Sutton
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI63 Merton, Kingston upon Thames and Sutton
Delivery Location
TLI London

Local Authority
Sutton
Electoral Ward
Sutton Central
Westminster Constituency
Sutton and Cheam

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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