Award

Valuation of Lease Extension & Freehold Interest under the Leasehold Reform Act 1967 (as amended) - AWARD

SANDWELL METROPOLITAN BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

25 Nov 2021 at 18:08

Award Notice
Summary of the contracting process

The procurement process involves Sandwell Metropolitan Borough Council, which is seeking a qualified firm of surveyors for the valuation of lease extensions and freehold interests under the Leasehold Reform Act 1967. This contract is classified under real estate services, specifically within the industry category of sale and leasing of property. The procurement method employed is an open procedure, with the contract commencing on 30 November 2021 and concluding on 31 March 2025. The deadline for quotation submissions was 17:00 on 12 November 2021, with the initial award notice published on 25 November 2021.

This tender presents opportunities for businesses, particularly those specialising in property valuation and negotiation services. Firms capable of providing expert advice and adept at handling leasehold and freehold matters will be well-suited to compete for this contract. Given that the council anticipates an average of twelve notices per year, companies looking to expand their service offerings in the real estate sector could find significant potential for growth through participation in this procurement process.

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Notice Information

Notice Title

Valuation of Lease Extension & Freehold Interest under the Leasehold Reform Act 1967 (as amended) - AWARD

Notice Description

Sandwell Metropolitan Borough Council is seeking to appoint a suitably qualified firm of surveyors to provide valuation advice and conduct negotiations in connection with Leasehold Extension and Freehold Interest Notices served on the council. The contract will run from the date of formal appointment until 31 March 2025 with an average of 12 notices per year being served on the council (this figure is not guaranteed and has been provided as a guide only). The Quotation Document(s) will be made available to suppliers who Express Interest on the Sandwell Metropolitan Borough Council Tendering Portal. To access the portal please click the following link https://in-tendhost.co.uk/sandwellmbc You will be required to log into an existing account or register a new one. Once logged in, from the top menu bar click on 'Tenders' to list all the current opportunities. Once you have found the relevant opportunity you should click on 'View Details' in order to Express Interest. Closing date for submission of quotations is 17:00hrs on Friday 12 November 2021

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-cf562d8e-85c9-4815-9596-c038bc121f6d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4055797f-d668-42fe-9496-65b5c5712c71
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70123000 - Sale of real estate

70200000 - Renting or leasing services of own property

Notice Value(s)

Tender Value
£45,000 Under £100K
Lots Value
Not specified
Awards Value
£45,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Nov 20214 years ago
Submission Deadline
12 Nov 2021Expired
Future Notice Date
Not specified
Award Date
25 Nov 20214 years ago
Contract Period
30 Nov 2021 - 31 Mar 2025 3-4 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
SANDWELL METROPOLITAN BOROUGH COUNCIL
Contact Name
Gaynor Lowe
Contact Email
gaynor_lowe@sandwell.gov.uk
Contact Phone
0121 569 3963

Buyer Location

Locality
WEST MIDLANDS
Postcode
B69 3DB
Post Town
Birmingham
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG37 Sandwell
Delivery Location
TLG West Midlands (England)
Local Authority
Sandwell
Electoral Ward
Oldbury
Westminster Constituency
West Bromwich

Supplier Information

Number of Suppliers
1
Supplier Name

BRUTON KNOWLES

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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