Award

Real Estate - Standing Independent Valuer (UK Direct Assets)

BORDER TO COAST PENSIONS PARTNERSHIP LIMITED

This public procurement record has 1 release in its history.

Award

23 May 2024 at 13:59

Summary of the contracting process

The Border to Coast Pensions Partnership Limited has awarded a contract for Real Estate - Standing Independent Valuer (UK Direct Assets) to Knight Frank LLP. The contract involves Quarterly Valuation Services of the Border to Coast UK Real Estate Fund, with a total value of £360,000. The contract period runs from April 3, 2024, to October 1, 2030, and the tender period ended on April 3, 2023. The procurement stage is complete, and the contracting authority is based in Leeds, United Kingdom.

This tender provides an opportunity for companies offering real estate services to compete. Businesses experienced in property valuation and real estate fund management would be well-suited to participate in this tender. The contract, awarded through a tender process, offers a significant monetary value over a long contract period, allowing the winning supplier to establish a stable business relationship with the Border to Coast Pensions Partnership Limited.

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Notice Title

Real Estate - Standing Independent Valuer (UK Direct Assets)

Notice Description

Contract award notice for Knight Frank who has been appointed to carry out the Quarterly Valuation Services of the Border to Coast UK Real Estate Fund as the Independent Valuer for property assets owned by the Partner Funds.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e19e39b6-e361-41ba-bf05-8562a01969d8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e8ea658e-5b8e-4669-b03b-830e5e3d5d22
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
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
£360,000 £100K-£500K
Lots Value
Not specified
Awards Value
£360,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
23 May 20241 years ago
Submission Deadline
3 Apr 2023Expired
Future Notice Date
Not specified
Award Date
1 Apr 20241 years ago
Contract Period
2 Apr 2024 - 1 Oct 2030 Over 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
BORDER TO COAST PENSIONS PARTNERSHIP LIMITED
Contact Name
Border to Coast Procurement Team
Contact Email
procurement@bordertocoast.org.uk
Contact Phone
Not specified

Buyer Location

Locality
LEEDS
Postcode
LS1 2HJ
Post Town
Leeds
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified

Local Authority
Leeds
Electoral Ward
Little London & Woodhouse
Westminster Constituency
Leeds Central and Headingley

Supplier Information

Number of Suppliers
1
Supplier Name

KNIGHT FRANK

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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