Award

P5266 Professional Valuation Services - Right to Buy Valuations & General Valuation Advice

TOWER HAMLETS

This public procurement record has 1 release in its history.

Award

01 Feb 2018 at 13:13

Summary of the contracting process

The procurement process involves Tower Hamlets, located in London, seeking professional valuation services under the title "P5266 Professional Valuation Services - Right to Buy Valuations & General Valuation Advice." This contract, for real estate services, is in the award stage, with a total value of £900,000. The contract period is set to commence on 1st February 2018 and conclude on 31st January 2022. The initial tender period ended on 11th October 2017, and the procurement was conducted through an open procedure, inviting various bidders to participate.

This tender presents significant opportunities for businesses specialising in valuation services, particularly those that are RICS accredited. Companies capable of providing right to buy valuations and general valuation advice would be well-suited to compete. Interested parties can leverage this opportunity to expand their client base in the public sector, given the scale of the contract and its duration, thereby fostering potential growth in their operations.

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Notice Title

P5266 Professional Valuation Services - Right to Buy Valuations & General Valuation Advice

Notice Description

To provide professional valuation services across its corporate property & housing estates. The contracts require RICS accredited firms to provide a range of services including right to buy valuations and general valuation advice. The Contract and tender has been separated into two distinct "lots" as follows: - * Lot 1 Right to Buy Valuations * Lot 2 General Advice & Support

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e23ec2c2-ea12-4e4c-bed1-4dd81a4392e2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ec2db242-18d0-48be-ac8a-e42f39063995
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
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services


CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
£900,000 £500K-£1M
Lots Value
Not specified
Awards Value
£900,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
1 Feb 20188 years ago
Submission Deadline
11 Oct 2017Expired
Future Notice Date
Not specified
Award Date
30 Jan 20188 years ago
Contract Period
1 Feb 2018 - 31 Jan 2022 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
TOWER HAMLETS
Contact Name
Ambia Begum
Contact Email
procurement@towerhamlets.gov.uk
Contact Phone
+44 2073640783

Buyer Location

Locality
LONDON
Postcode
E14 2BG
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
TLI London

Local Authority
Tower Hamlets
Electoral Ward
Poplar
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
2
Supplier Names

COPPING JOYCE SURVEYORS

STRUTT & PARKER

Open Contracting Data Standard (OCDS)

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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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