Award

CST003 External Property Valuation Services for the Derbyshire Pension Fund

DERBYSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

28 Jun 2024 at 15:45

Summary of the contracting process

The Derbyshire County Council has awarded a contract for external property valuation services for the Derbyshire Pension Fund. This service involves quarterly valuations of UK-based commercial real estate holdings. The procurement method used was direct award, with a contract value of £138,750 in GBP. The contract started on April 1, 2023, and will end on March 31, 2028. The procurement stage was 'award', and the tender period ended on January 2, 2023. The buying organisation is Derbyshire County Council, located in Matlock, United Kingdom. The industry category is business services, including law, marketing, consulting, recruitment, printing, and security.

This contract presents an opportunity for businesses, especially those providing property valuation services, to engage with the public sector. Small and medium enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations are particularly encouraged to participate. As the contract was awarded under a framework agreement, businesses with experience in delivering independent property valuation services would be well-suited to compete. The contract's direct award method streamlines the procurement process, offering a clear timeline from tender to contract execution, providing stability for successful bidders.

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Notice Title

CST003 External Property Valuation Services for the Derbyshire Pension Fund

Notice Description

The contract is for the provision of external quarterly valuations of the UK based commercial real estate holdings of Derbyshire Pension Fund. The contract was awarded under Staffordshire County Council's framework agreement for Independent Property Valuer services, within which Derbyshire Pension Fund was named. No expressions of interest are required, nor can be processed.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-be76e503-cf7e-451c-b100-e0348b77d70e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0d090326-df4c-4d2c-a4f0-6998d987b06a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Notice Value(s)

Tender Value
£138,750 £100K-£500K
Lots Value
Not specified
Awards Value
£138,750 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
28 Jun 20241 years ago
Submission Deadline
2 Jan 2023Expired
Future Notice Date
Not specified
Award Date
23 Mar 20232 years ago
Contract Period
31 Mar 2023 - 31 Mar 2028 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
DERBYSHIRE COUNTY COUNCIL
Contact Name
Holly Platts
Contact Email
holly.platts@derbyshire.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
MATLOCK
Postcode
DE4 3AG
Post Town
Derby
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF13 South and West Derbyshire
Delivery Location
TLF East Midlands (England)

Local Authority
Derbyshire Dales
Electoral Ward
Matlock West
Westminster Constituency
Derbyshire Dales

Supplier Information

Number of Suppliers
1
Supplier Name

SAVILLS (UK

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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