Award

Business Rates Forecasting and RV Finder - AWARD

SANDWELL METROPOLITAN BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

23 Jan 2024 at 10:21

Summary of the contracting process

The Sandwell Metropolitan Borough Council has awarded a contract for Business Rates Forecasting and RV Finder services to Inform CPI Ltd. The contract, valued at £232,000 GBP, is for a duration of 4 years from 14 April 2024 to 13 April 2028. The tender submission deadline was on 27 November 2023 at 12:00 noon. The services fall under the procurement category of financial consultancy services.

This opportunity can benefit businesses in the financial consultancy, auditing, and management sectors. Small and medium-sized enterprises (SMEs) are particularly suitable to compete for this contract. Companies interested in providing revenues forecasting, RV finding, small business rates relief audit, and council tax property finding services would find this tender well-suited for business growth. The contract location is in West Midlands, United Kingdom.

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Notice Title

Business Rates Forecasting and RV Finder - AWARD

Notice Description

Business Rates localisation presents a variety of challenges for local authorities in relation to the calculation and forecasting of the various elements of the business rates retention scheme. As an authority participating in the rates retention pilot scheme in Sandwell we currently retain 100% of the income generated through Business Rates. It is crucial that we are able to manage our rating list effectively, forecast changes which may affect net collectable debit and maximise growth through the early identification of commercial properties in the area. Rates avoidance is a serious concern especially in the current climate and it is important that efforts are made to validate reductions applied as much as possible. In Sandwell large numbers of hereditaments receive Small Business Rates Relief but this will no longer apply if a company/organisation has more than one business in the same name. Sandwell MBC therefore require a company who can provide: o Revenues Forecasting o RV Finder o Small Business Rates Relief Audit o Council Tax property finder The contract duration is for 4 years from 14 April 2024 - 13 April 2028. The deadline for tender submissions is 27 November 2023 at 12:00 noon.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9bc56204-5f41-4d08-8c3b-f2587dfa64e8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0e99a43d-a6e8-46ce-b026-6806b45cb98a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award 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

48 - Software package and information systems

66 - Financial and insurance services

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

48440000 - Financial analysis and accounting software package

48441000 - Financial analysis software package

66171000 - Financial consultancy services

79212100 - Financial auditing services

79212500 - Accounting review services

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£232,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
23 Jan 20242 years ago
Submission Deadline
27 Nov 2023Expired
Future Notice Date
Not specified
Award Date
23 Jan 20242 years ago
Contract Period
13 Apr 2024 - 13 Apr 2028 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
SANDWELL METROPOLITAN 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
WEST MIDLANDS
Postcode
B69 3DB
Post Town
Birmingham
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG37 Sandwell
Delivery Location
TLG West Midlands (England)

Local Authority
Sandwell
Electoral Ward
Oldbury
Westminster Constituency
West Bromwich

Supplier Information

Number of Suppliers
1
Supplier Name

INFORM CPI

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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