Tender

GB-London: IWM/2223/Fin/3058 - Capital Valuation for Financial Reporting Purposes

IMPERIAL WAR MUSEUMS

This public procurement record has 1 release in its history.

Tender

08 Nov 2022 at 11:00

Tender Notice
Summary of the contracting process

The Imperial War Museums is seeking capital valuation services for financial reporting purposes. The contract involves conducting valuations of their estate comprising visitor branches and staff buildings in London and Duxford. The procurement is part of a periodic valuation cycle, with an expected end date for tender submissions on 12th December 2022 and a contract period starting on 1st February 2023 and ending on 31st January 2026. This tender falls under the financial auditing services and museum services categories, with a procurement method specified as an open procedure.

This opportunity may appeal to small or medium enterprises (SMEs) looking to provide valuation services. Companies with expertise in financial auditing and experience in working with museums could be well-suited to compete for this contract. The contract value is GBP 100,000, providing a potential revenue stream for the successful bidder over the contract period. The requested services are located primarily in London, offering a local business advantage for firms in that area to participate in the tender process.

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Notice Information

Notice Title

GB-London: IWM/2223/Fin/3058 - Capital Valuation for Financial Reporting Purposes

Notice Description

A requirement to provide capital valuation of our estate for financial reporting. IWM's estate includes five public branches for visitors plus staff buildings located in London and Duxford. IWM requires a full valuation of the whole estate once every five years and targeted valuation of part of the estate in other years. IWM anticipates this will be required in the first year of this contract. Additional information: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-bdb52512-334f-478a-8d17-288f38d2ad4f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/bb763182-be37-4acd-896e-fc47d2ec1c56
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, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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

92 - Recreational, cultural and sporting services

CPV Codes

79212100 - Financial auditing services

92521000 - Museum services

Notice Value(s)

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

Notice Dates

Publication Date
8 Nov 20223 years ago
Submission Deadline
12 Dec 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Feb 2023 - 31 Jan 2026 3-4 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
IMPERIAL WAR MUSEUMS
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
SE1 6HZ
Post Town
South East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI44 Lewisham and Southwark
Delivery Location
TLI London
Local Authority
Southwark
Electoral Ward
St George's
Westminster Constituency
Bermondsey and Old Southwark

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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