Award

Anfield - The Parks Valuation

LIVERPOOL CITY COUNCIL

This public procurement record has 1 release in its history.

Award

31 Mar 2022 at 12:15

Award Notice
Summary of the contracting process

The procurement process concerns an independent financial appraisal and valuation for three completed residential development phases in Anfield, Liverpool, under the jurisdiction of the Liverpool City Council. This tender, titled "Anfield - The Parks Valuation," falls within the construction consultancy services category (CPV code 71530000). The contract was awarded to Cushman & Wakefield with an estimated value of £10,000, following a selective procurement method via a restricted procedure. The contract term is set from 27th September 2021 to 27th September 2022, with the procurement award dated 31st August 2021.

This tender presents an opportunity for companies specialising in construction consultancy and financial appraisal services to engage with a significant project linked to the redevelopment of residential housing. Businesses equipped with expertise in property valuation, cost assessment, and development methodologies are well-positioned to compete in this process. With the emphasis on thorough analysis, including review of sales values and development costs, firms capable of delivering high-quality, independent appraisals stand to benefit from collaboration with Liverpool City Council and further their growth in the public sector.

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Notice Information

Notice Title

Anfield - The Parks Valuation

Notice Description

Anfield The Parks, forms five phases of new residential redevelopment in the Anfield and Everton wards. All the phases have now been built out, as part of the signing off process the Council needs to commission an independent appraisal and valuation for the outstanding phases three, four and five. The Council requires an independent financial appraisal in relation to three completed sites totalling 359 units in the Anfield area of the city. Each appraisal should identify the actual costs and values associated with the project. Appraisals should detail and variances between the initial approved appraisals and the final appraisals. Key requirements: * Initial review of the documents submitted by the developer including the Final Appraisal and any supporting documents * Appraisal of cost and value data against comparables * A review of the sales values achieved for each of the completed schemes. This should include due diligence on the achieved sales values via Land Registry searches * A review of the methodologies which have been used by the developer when producing the Final Appraisals. This should include reviewing the development costs, including any abnormal costs, analysis of the stated achieved revenues and resulting identified land values * Identify and comment on any significant changes to costs and values which have occurred during the development period. This should include seeking clarification from the developer where required * Make recommendations as to whether the Final Appraisals represent Best Value * Make recommendations on whether the Council should approve the Final Appraisal * Identify any overage due to the Council following approval of the Final Appraisal * Costs should include a per appraisal cost and details of how any overheads will be charged

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-be226272-fe31-4940-8b50-79d0f68e41f9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/54171ca1-0126-487b-8ed8-834273936409
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services

CPV Codes

71530000 - Construction consultancy services

Notice Value(s)

Tender Value
£10,000 Under £100K
Lots Value
Not specified
Awards Value
£10,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
31 Mar 20223 years ago
Submission Deadline
25 Aug 2021Expired
Future Notice Date
Not specified
Award Date
30 Aug 20214 years ago
Contract Period
26 Sep 2021 - 27 Sep 2022 1-2 years
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
LIVERPOOL CITY 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
LIVERPOOL
Postcode
L3 1DS
Post Town
Liverpool
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Liverpool
Electoral Ward
Waterfront South
Westminster Constituency
Liverpool Riverside

Supplier Information

Number of Suppliers
1
Supplier Name

CUSHMAN & WAKEFIELD

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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