Award

Provision of DVLA's Estate Valuation - 2024

DVLA - DRIVER & VEHICLE LICENSING AGENCY

This public procurement record has 1 release in its history.

Award

30 Jul 2024 at 11:05

Award Notice
Summary of the contracting process

The Driver & Vehicle Licensing Agency (DVLA) has concluded a procurement process for the "Provision of DVLA's Estate Valuation - 2024." The project involves obtaining an independent valuation of the DVLA Estate for end-of-year accounting, in compliance with International Financial Reporting Standards (IFRS). Key details include the sector "Market research services" with an approximate value of £20,000. The procurement utilised a direct procurement method under the "Single tender action (below threshold)" category. The contract period commences on 3rd July 2024 and concludes on 2nd July 2025. The awarded contract, which was finalised on 30th July 2024, designates Gerald Eve LLP as the supplier.

This tender presents growth opportunities for businesses specialised in market research services, particularly those experienced with property valuation in adherence to the Royal Institute of Chartered Surveyors (RICS) Valuation standards. Small- and medium-sized enterprises (SMEs) keen on similar opportunities within the estate and property valuation sector could find this contract an ideal benchmark. The procurement's direct nature and SME suitability make it a promising opportunity for small-scale firms looking to collaborate with established government bodies such as the DVLA.

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Notice Information

Notice Title

Provision of DVLA's Estate Valuation - 2024

Notice Description

The DVLA has appointed an External Valuer to obtain an independent assessment of the valuation of the DVLA Estate for the purpose of end of year accounting in compliance with International Financial Standards Reporting (IFRS). The DVLA requires all valuation assignments to be undertaken, and all associated reports to be prepared, in accordance with the Royal Institute of Chartered Surveyors (RICS) Valuation - Global Standards .

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b965cb2d-16a3-4bcf-b2bc-2e0a6807653c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e83b6961-4305-4b66-bf60-a6c340ed488b
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79310000 - Market research services

Notice Value(s)

Tender Value
£20,000 Under £100K
Lots Value
Not specified
Awards Value
£20,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
30 Jul 20241 years ago
Submission Deadline
31 May 2024Expired
Future Notice Date
Not specified
Award Date
2 Jul 20241 years ago
Contract Period
2 Jul 2024 - 2 Jul 2025 6-12 months
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
DVLA - DRIVER & VEHICLE LICENSING AGENCY
Contact Name
Not specified
Contact Email
jonathan.young@dvla.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
SWANSEA
Postcode
SA6 7JL
Post Town
Swansea
Country
Wales
Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL4 Mid and South West Wales
Small Region (ITL 3)
TLL43 Swansea
Delivery Location
TLL Wales
Local Authority
Swansea
Electoral Ward
Mynydd-bach
Westminster Constituency
Swansea West

Supplier Information

Number of Suppliers
1
Supplier Name

GERALD EVE

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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