Tender

Property Valuation Services

CUMBERLAND COUNCIL

This public procurement record has 1 release in its history.

Tender

18 Jul 2024 at 10:37

Tender Notice
Summary of the contracting process

The Cumberland Council has initiated a tender process for Property Valuation Services. This procurement falls into the industry category of Research consultancy services and Financial consultancy services. The location for the delivery of services is in England, United Kingdom. The tender is currently at the planning stage, with the deadline for submission being on August 19, 2024. The contract period is scheduled to start on September 30, 2024, and end on September 29, 2027. The estimated contract value is £420,000. The procurement method is an open procedure above the threshold.

This tender for Property Valuation Services by the Cumberland Council presents opportunities for businesses in the consultancy services sector, particularly those with expertise in research and financial consultancy. Companies looking to provide valuation services in accordance with International Financial Reporting Standards (IFRS) would be well-suited to compete in this tender. The nature of this procurement offers a chance for businesses to secure a long-term contract with a local authority, enhancing their revenue streams and establishing credibility within the public sector consultancy market.

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Notice Information

Notice Title

Property Valuation Services

Notice Description

The Council wishes to appoint a consultant to carry out the valuation of its property assets for financial reporting purposes. Valuations must be undertaken in accordance with the measurement requirements of the International Financial Reporting Standards (IFRS) based Code of Practice on Local Authority Accounting in the United Kingdom (the 'Code'), published by the Chartered Institute of Public Finance and Accountancy (CIPFA).

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d0b4010c-f48b-46ed-b964-714b7d8cde85
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/566a6eec-bfe1-478c-9e05-1b508f30cb25
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 (above threshold)
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

73 - Research and development services and related consultancy services

CPV Codes

66171000 - Financial consultancy services

73210000 - Research consultancy services

Notice Value(s)

Tender Value
£420,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
18 Jul 20241 years ago
Submission Deadline
19 Aug 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
29 Sep 2024 - 29 Sep 2027 2-3 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
CUMBERLAND 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
CARLISLE
Postcode
CA1 1RD
Post Town
Carlisle
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD1 Cumbria
Small Region (ITL 3)
TLD13 Cumberland
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Cumberland
Electoral Ward
Castle
Westminster Constituency
Carlisle

Further Information

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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