Tender

WHC- Asset Valuation

WELWYN HATFIELD BOROUGH COUNCIL

This public procurement record has 2 releases in its history.

TenderAmendment

10 Jul 2024 at 17:50

Tender Notice
Tender

10 Jul 2024 at 17:47

Tender Notice
Summary of the contracting process

The Welwyn Hatfield Borough Council is seeking a company to undertake the valuation of its assets. The procurement process involves two Lots, one for the General Fund and another for the Housing Revenue Account. Bidders can bid for one or both Lots. The tender deadline for submissions is August 16, 2024, with a contract period starting from October 1, 2024, to April 30, 2029. The procurement method used is an open procedure below the threshold for financial consultancy services in the services industry category.

This tender opportunity by the Welwyn Hatfield Borough Council presents a chance for qualified companies to win contracts for asset valuation services. Businesses in the financial consultancy sector with experience in asset valuation are well-suited to compete. The contract, divided into two Lots, offers flexibility for bidders to target specific areas within the council's assets. Understanding the evaluation criteria is crucial to maximise the chances of securing either or both Lots.

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Notice Information

Notice Title

WHC- Asset Valuation

Notice Description

Welwyn Hatfield Borough Council is seeking a suitably qualified and experienced company(ies) to undertake valuation of the council's assets. The contract is split into two Lots (General Fund - Lot 1 and the Housing Revenue Account (HRA) - Lot 2). Bidders may bid for either or both of the Lots. The Lots will be assessed independently of each other and be awarded to the bidder that scores the highest against the evaluation criteria. Additional information: Is a Recurrent Procurement Type? : No

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c712eeb0-9dc5-48c9-83e5-158b74ce5eb9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e8df3d1e-1454-43a1-8a6e-b4bd957c17d5
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 (below threshold)
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£150,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
10 Jul 20241 years ago
Submission Deadline
16 Aug 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Oct 2024 - 30 Apr 2029 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
WELWYN HATFIELD BOROUGH 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
HERTS
Postcode
AL8 6AE
Post Town
St Albans
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH26 North and East Hertfordshire
Delivery Location
Not specified
Local Authority
Welwyn Hatfield
Electoral Ward
Handside
Westminster Constituency
Welwyn Hatfield

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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