Award

Discretionary Schemes Valuation Services Framework

HS2

This public procurement record has 1 release in its history.

Award

02 Nov 2021 at 11:36

Summary of the contracting process

The procurement process for the "Discretionary Schemes Valuation Services Framework" was conducted by HS2 Ltd, based in Birmingham, England. This procurement falls under the real estate services category (CPV code: 70000000) and was initiated through a selective procurement method involving competitive negotiation. The framework has been awarded, with a contract value of £2,810,000, and spans a period starting from 1st June 2021 until 31st May 2025, with an option to extend for an additional four years. The procurement stage is now complete, having published the award notice on 2nd November 2021, following the closure of the tender on 18th September 2020.

This contract presents substantial opportunities for firms specialising in real estate services, particularly those with capabilities in valuation services. Given the competitive nature of the procurement process, businesses that have experience working with large frameworks or Government contracts, and those with a proven track record in delivering valuation services at scale, would be well-positioned to engage. The involvement of six suppliers indicates a competitive landscape, further encouraging businesses to refine their proposals and value offerings to secure similar contracts in the future.

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Notice Title

Discretionary Schemes Valuation Services Framework

Notice Description

HS2 Ltd has procured a Framework for the provision of Discretionary Schemes Valuation Services, awarding contracts to six suppliers following an OJEU Negotiated Procurement. The Framework term is four (4) years, with an option to extend for a further four (4) years via fixed or multiple terms, taking the maximum term to eight (8) years.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-cadd2dab-e8ae-4b0b-82d8-7ba666057d9e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/57d8f3b0-1a67-458d-b40b-cd577bfc6cab
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation (above threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services


CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
£2,810,000 £1M-£10M
Lots Value
Not specified
Awards Value
£2,810,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
2 Nov 20214 years ago
Submission Deadline
18 Sep 2020Expired
Future Notice Date
Not specified
Award Date
4 May 20214 years ago
Contract Period
31 May 2021 - 31 May 2025 4-5 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
HS2
Contact Name
Not specified
Contact Email
jennifer.bignell@hs2.org.uk
Contact Phone
Not specified

Buyer Location

Locality
BIRMINGHAM
Postcode
B4 6GA
Post Town
Birmingham
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
Not specified

Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
6
Supplier Names

BROWN & CO - PROPERTY AND BUSINESS CONSULTANTS

BRUTON KNOWLES

CARTER JONAS

LAMBERT SMITH HAMPTON GROUP

SAVILLS (UK

WSP

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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