Tender

P5266 Professional Valuation Services - Right to Buy Valuations & General Valuation Advice

TOWER HAMLETS

This public procurement record has 1 release in its history.

Tender

11 Sep 2017 at 09:17

Tender Notice
Summary of the contracting process

The London Borough of Tower Hamlets (LBTH) is currently conducting a tender for the provision of professional valuation services, titled "P5266 Professional Valuation Services - Right to Buy Valuations & General Valuation Advice." This procurement falls under the real estate services industry and is located in London. The tender process is at the active stage and is scheduled to close on 11 October 2017 at 12 Noon. The anticipated start date for the contract is 12 December 2017, with a duration of 48 months. The total estimated value of the contract is between £700,000 and £900,000, which is divided into two lots: Lot 1 for Right to Buy Valuations and Lot 2 for General Advice & Support, requiring RICS accredited firms to participate.

This tender presents significant opportunities for businesses specialising in real estate services, particularly those with expertise in valuation and advisory. Companies that are RICS accredited and capable of delivering the required services may find this contract beneficial for building their portfolio and establishing a working relationship with a local authority. Small and medium enterprises (SMEs) are encouraged to apply, as the procurement process is open and encourages competitive bids. Engaging in this tender could enhance a company's visibility in the public sector and lead to future contracts within the governmental framework.

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Notice Information

Notice Title

P5266 Professional Valuation Services - Right to Buy Valuations & General Valuation Advice

Notice Description

Contract Title: Professional Valuation Services - Right to Buy Valuations & General Valuation Advice The London Borough of Tower Hamlets (LBTH) is seeking expressions of interest from interested organisations for the above services. Description: 1.1 The Council wishes to appoint suitably qualified companies to provide professional valuation services across its corporate property & housing estates. The contracts require RICS accredited firms to provide a range of services including right to buy valuations and general valuation advice. The Contract and tender has been separated into two distinct "lots" as follows: - * Lot 1 Right to Buy Valuations * Lot 2 General Advice & Support The anticipated contract start date is: Tuesday, 12 December 2017 The estimated value of the contract is: Lot 1 PS300,000 Total Cost Lot 2 PS400,000 - PS600,000 Total Cost For a period of: 48 months Organisations wishing to express their interest are requested to register on the London Tenders Portal (www.londontenders.org) where the tender documentation will be available for download. You may be required to complete a Pre-Qualification Questionnaire (PQQ). Organisations must ensure that access to the system is available to their representatives dealing with the contract. The council will not be liable for the lack of delegated access within the organisation and will not send any documentation regarding the contract, which shall be exclusively available through the portal. Tenderers are responsible for allowing sufficient time to submit their ITT/PQQ. The Council accepts no liability whatsoever for ITT/PQQs that are not submitted due to internet connectivity issues, transmission delays or errors. Deadline for expression of interest and / or return of quotation is: Wednesday, 11 October 2017 12 Noon LBTH is an Equal Opportunities Employer and a supporter of Ethical Governance, our protocol can be found here along with Guidance to Suppliers and Providers. Or via: http://www.towerhamlets.gov.uk/ LBTH does not undertake to invite all applicants or bind itself to accept the lowest or any Tender. LBTH will not be liable for any costs incurred in tendering for this contract.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c18b807e-81b8-4605-a5cb-f368defe5954
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/63dbb213-95fe-4915-a5ce-c2b9d9a7853a
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
£900,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
11 Sep 20178 years ago
Submission Deadline
11 Oct 2017Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
12 Dec 2017 - 11 Dec 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
TLI London
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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