Award

Building Valuation for Insurance Renewal

UNIVERSITY OF SOUTHAMPTON

This public procurement record has 1 release in its history.

Award

08 Apr 2024 at 08:29

Summary of the contracting process

The University of Southampton has awarded a contract for Building Valuation for Insurance Renewal, valued at £98,025. The procurement process involved the use of the ESPO Estates Management Professional Services Framework and had a selective procurement method. The contract period is from 8th April 2024 to 7th April 2025. The buying organization is the University of Southampton located in Southampton, England. The procurement was in the award stage and had a tender end date of 8th March 2024.

This tender presents opportunities for businesses, particularly those in the insurance services sector, to provide building valuation services. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are considered suitable for this procurement. Businesses that can provide accurate reinstatement valuations in line with industry best practices will find this tender suitable for their expertise. Being a selective procurement method, businesses with experience in call-off from a framework agreements are well-suited to compete for this contract.

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Notice Title

Building Valuation for Insurance Renewal

Notice Description

The University of Southampton requires a reinstatement valuation for insurance purposes of the estate of buildings the University own or are responsible by lease to insure, in accordance with the RICS Guidance Note 2018 and industry best practice. The University will be utilizing the ESPO Estates Management Professional Services Framework (2700_22), Lot 1A.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b37c0f60-c1bc-4656-b202-9424a225f649
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0ef8690d-69f3-4d14-ae33-346c79e349d8
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£98,025 Under £100K
Lots Value
Not specified
Awards Value
£98,025 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Apr 20241 years ago
Submission Deadline
8 Mar 2024Expired
Future Notice Date
Not specified
Award Date
9 Mar 20241 years ago
Contract Period
7 Apr 2024 - 7 Apr 2025 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF SOUTHAMPTON
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SOUTHAMPTON
Postcode
SO17 1BJ
Post Town
Southampton
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ32 Southampton
Delivery Location
Not specified

Local Authority
Southampton
Electoral Ward
Portswood
Westminster Constituency
Southampton Test

Supplier Information

Number of Suppliers
1
Supplier Name

GERALD EVE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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