Tender

Professional Valuation Services - Right to Buy Valuations, Residential Acquisitions & General Valuation Advice (Reference P5219B)

TOWER HAMLETS

This public procurement record has 2 releases in its history.

TenderAmendment

06 Jul 2017 at 14:57

Tender Notice
Tender

06 Jul 2017 at 12:28

Tender Notice
Summary of the contracting process

The London Borough of Tower Hamlets is actively seeking qualified organisations to provide Professional Valuation Services, specifically for Right to Buy Valuations, Residential Acquisitions, and General Valuation Advice, under reference P5219B. This procurement is currently in the tender stage, with submissions due by 4th August 2017. The estimated total contract value is £1,100,000, and it is structured in three lots. The anticipated contract start date is 2nd October 2017, and the contract will last for a period of 48 months, extending until 30th September 2021. The relevant industry category is real estate services, with delivery addresses covering various locations, including the United Kingdom and British Overseas Territories.

This tender presents an excellent opportunity for small and medium-sized enterprises (SMEs) specialising in real estate services to expand their business by collaborating with the London Borough of Tower Hamlets. Firms that hold RICS accreditation and have experience in property valuations, acquisition advice, and general real estate consultancy would be particularly well-suited to compete for the contracts available in each lot. Engaging in this procurement process could lead to significant growth and long-term contracts for successful bidders, enhancing their portfolio with a reputable public sector client.

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Notice Information

Notice Title

Professional Valuation Services - Right to Buy Valuations, Residential Acquisitions & General Valuation Advice (Reference P5219B)

Notice Description

Contract Title: Professional Valuation Services - Right to Buy Valuations, Residential Acquisitions & General Valuation Advice (Ref:P5219B) The London Borough of Tower Hamlets (LBTH) is seeking expressions of interest from interested organisations for the above services. Description: The Council wishes to appoint suitably qualified organisations to provide professional valuation services across its corporate property & housing estate. The contracts require RICS accredited firms to provide a range of services including right to buy valuations, residential acquisition services & general valuation advice and services. The Contract and tender has been separated into three distinct "lots" as follows:- * Lot 1 Right to Buy Valuations * Lot 2 Residential Acquisition Advice * Lot 3 General Advice & Support Two suppliers will be appointed to Lot 1. The anticipated contract start date is: Monday, 02 October 2017 The estimated value of the contract is: Lot 1 Right to Buy Valuations PS300,000 Total Cost Lot 2 Residential Acquisition Advice PS400,000 - PS540,000 Total Cost Lot 3 General Advice & Support PS400,000 - PS600,000 Total Cost For a period of: 48 months

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-bb4ce2ed-0979-4645-a32b-05d833d8f38b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b9e1898f-d2a9-43fe-bfe3-ffdf2adc409a
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender 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

70 - Real estate services

CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
£1,100,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
6 Jul 20178 years ago
Submission Deadline
11 Aug 2017Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Sep 2017 - 30 Sep 2021 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
TOWER HAMLETS
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
E14 2BG
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
Not specified
Local Authority
Tower Hamlets
Electoral Ward
Poplar
Westminster Constituency
Poplar and Limehouse

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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