Award

Finance Assets Valuation

WEST LANCASHIRE BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

01 Mar 2024 at 14:27

Award Notice
Summary of the contracting process

The West Lancashire Borough Council has awarded a contract for Finance Assets Valuation within the services category. The tender, titled "Finance Assets Valuation," aimed at providing valuation advice for the property portfolio, had a contract value of £244,291 and was completed on 30th October 2023. The contract period spans from 1st November 2023 to 30th April 2028, and the procurement method used was categorized as "Other." The buying organisation was the West Lancashire Borough Council based in Ormskirk, United Kingdom.

This tender opportunity could be attractive for small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations. Businesses operating in the reinsurance services sector and offering valuation expertise could find this opportunity suitable for business growth. Understanding the requirements specified by the West Lancashire Borough Council and aligning services to meet the procurement needs effectively could position businesses well for competing in similar future procurement opportunities.

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Notice Information

Notice Title

Finance Assets Valuation

Notice Description

For the provision of valuation advice in respect of the property portfolio

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-99b70f7f-fc44-46f3-9175-1c86e5770fa9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e55f4b40-0a69-4fd1-a9c8-9227e67815aa
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66700000 - Reinsurance services

Notice Value(s)

Tender Value
£244,291 £100K-£500K
Lots Value
Not specified
Awards Value
£244,291 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
1 Mar 20241 years ago
Submission Deadline
30 Oct 2023Expired
Future Notice Date
Not specified
Award Date
30 Oct 20232 years ago
Contract Period
1 Nov 2023 - 30 Apr 2028 4-5 years
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
WEST LANCASHIRE BOROUGH 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
ORMSKIRK
Postcode
L39 2DE
Post Town
Liverpool
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD4 Lancashire
Small Region (ITL 3)
TLD47 Chorley and West Lancashire
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
West Lancashire
Electoral Ward
Ormskirk East
Westminster Constituency
West Lancashire

Supplier Information

Number of Suppliers
1
Supplier Name

CAPITA PROPERTY AND INFRASTRUCTURE

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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