Tender

RICS Red Book Compliant Valuations Framework

BOURNEMOUTH CHRISTCHURCH AND POOLE COUNCIL

This public procurement record has 2 releases in its history.

Tender

16 May 2024 at 10:46

Tender Notice
Tender

09 May 2024 at 12:08

Tender Notice
Summary of the contracting process

The Bournemouth Christchurch and Poole Council has issued a tender for the "RICS Red Book Compliant Valuations Framework" within the CPV classification of real estate agency services. The procurement process aims to create a framework of suppliers for valuation services, with a contract period from August 1, 2024, to July 31, 2028. The tender deadline is June 7, 2024, and the total contract value is £530,000. Interested suppliers should access the full procurement documentation through the BCP Council's Tendering system before the deadline.

This tender opportunity provides a chance for businesses specializing in valuation services to secure contracts with Bournemouth Christchurch and Poole Council. Small and medium-sized enterprises (SMEs) are particularly suited to compete for this opportunity. The framework agreement is split into two lots based on the estimated valuation of assets, presenting diverse opportunities for suppliers of different capacities. Businesses looking to expand their presence in the real estate agency services industry in the South West region should consider participating in this tender process.

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Notice Information

Notice Title

RICS Red Book Compliant Valuations Framework

Notice Description

BCP Council has a diverse range of housing, commercial units, community assets, development land, agricultural land, and amenity land. It is the long-term aim of BCP Council to adopt a Corporate Landlord Model to centrally manage its estate. At present estate management is driven by individual service units within the Council (who control the assets), with advice and professional services being provided by the inhouse Estates team. As part of the decision-making process there are times when independent, external opinions of value (in the form of RICS compliant valuation reports) are required. This may be due to the specialist nature of a site, the need for "arm's length" advice, or the lack of capacity of the Estates team to undertake the work within the required timeframe. This tender aims to create a framework of Suppliers for the provision of Valuation services. It is intended that the framework will run for a period of 4 years, for services including but not limited to acquisitions, disposals, wayleaves, easements, covenant releases. The Framework Agreement will be divided into separate Lots as follows: * Lot 1 - Estimated valuation of asset up to PS2,000,000 * Lot 2 - Estimated valuation of asset above PS1,500,000 BCP's intention is to award up to 3 suppliers per Lot onto the Framework. Additional information: Suppliers interested in this opportunity can access the full procurement documentation by visiting BCP Council's Tendering system www.supplyingthesouthwest.org.uk Suppliers should search for the opportunity through Supplying the South West. There are further details of the opportunity on the advert published on www.supplyingthesouthwest.org.uk and instructions on how suppliers can access the procurement documentation for completion. Responses to the opportunity must be submitted electronically through www.supplyingthesouthwest.org.uk before the deadline shown on the system. If you are unable to access the advert for the opportunity through www.supplyingthesouthwest.org.uk please contact the Council using the contact details provided

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9edacad4-558b-4499-9331-0ef8a5c46cd7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3a48a997-85ca-4eff-b8a6-8031b0bde959
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70300000 - Real estate agency services on a fee or contract basis

Notice Value(s)

Tender Value
£530,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
16 May 20241 years ago
Submission Deadline
7 Jun 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Jul 2024 - 31 Jul 2028 4-5 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
BOURNEMOUTH CHRISTCHURCH AND POOLE 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
BOURNEMOUTH
Postcode
BH2 6DY
Post Town
Bournemouth
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK6 North Somerset, Somerset and Dorset
Small Region (ITL 3)
TLK63 Bournemouth, Christchurch and Poole
Delivery Location
TLK South West (England)
Local Authority
Bournemouth, Christchurch and Poole
Electoral Ward
Bournemouth Central
Westminster Constituency
Bournemouth 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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