Award

SCC JD Asset Valuation Service - Mini comp

SURREY COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

18 Feb 2025 at 12:33

Award Notice
Summary of the contracting process

Surrey County Council (SCC) has completed the procurement process for an Asset Valuation Service, titled "SCC JD Asset Valuation Service - Mini comp." The contract, classified under the industry category of Architectural, engineering and surveying services (CPV code 71250000), covers the formal valuation of SCC's property assets. Approximately 20% of the portfolio will be revalued each year, ensuring each asset is valued at least once every five years. The procurement process has moved to the Award stage, with the contract awarded to Montagu Evans LLP. The contract period spans from 20th November 2024 to 19th November 2029. The total contract value is £350,000 GBP. The procurement method for this tender was not specified.

This tender presents substantial opportunities for businesses specialising in architectural, engineering, and surveying services. Particularly, firms with expertise in asset valuation and a robust record of handling large portfolios would be well-suited to compete for similar future tenders. The awarded contract aligns with statutory duties and offers a steady stream of work over a five-year period, providing a stable foundation for business growth. Firms with capabilities to service various regions including British Oversea Territories, Channel Islands, Europe, Isle of Man, and the United Kingdom stand to benefit significantly. However, it is crucial for businesses to note that this specific tender does not focus on opportunities for SMEs or VCSEs.

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Notice Information

Notice Title

SCC JD Asset Valuation Service - Mini comp

Notice Description

Surrey County Council (SCC) is required to have each SCC property asset to be formally valued at least once in every 5 year cycle. On this basis approx. 20% of the portfolio is revalued each year, and subsequently recorded on SCC's Balance sheet. SCC is required to have an Asset Valuation Services supplier appointed as part of its statutory duty.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e0106388-4176-4327-9ac5-95a484964788
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/45a86e20-28f6-4ca4-8b36-c5ea06fccd53
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Works
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services

CPV Codes

71250000 - Architectural, engineering and surveying services

71251000 - Architectural and building-surveying services

71324000 - Quantity surveying services

Notice Value(s)

Tender Value
£350,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
18 Feb 20251 years ago
Submission Deadline
23 Oct 2024Expired
Future Notice Date
Not specified
Award Date
18 Feb 20251 years ago
Contract Period
20 Nov 2024 - 19 Nov 2029 Over 5 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
SURREY COUNTY 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
REIGATE
Postcode
RH2 8EF
Post Town
Redhill
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ26 East Surrey
Delivery Location
Not specified
Local Authority
Reigate and Banstead
Electoral Ward
South Park & Woodhatch
Westminster Constituency
Reigate

Supplier Information

Number of Suppliers
1
Supplier Name

MONTAGU EVANS

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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