Award

Lot 1Homes England - Lot 1: Property Professional Services of the Property and Financial Professional Services Framework 22 - 26 - Homes England Annual Valuation Exercise 2022/23 to 2026/27 - National

HOMES ENGLAND

This public procurement record has 1 release in its history.

Award

07 Nov 2022 at 10:55

Award Notice
Summary of the contracting process

The public procurement contracting process is led by Homes England, involving the award of a contract for Property Professional Services under the Property and Financial Professional Services Framework. The contract covers the annual valuation exercise from 2022/23 to 2026/27 for Homes England assets. The total value of the contract is £2,450,000, with a tender period ending on August 30, 2022, and a contract period starting on October 14, 2022, and ending on September 30, 2027. The contracting authority is based in Newcastle, United Kingdom, and the procurement falls under the main procurement category of services.

This tender by Homes England provides business opportunities for property professionals to undertake asset valuation services. Small and medium-sized enterprises (SMEs) are seen as suitable for this contract, which aims to value various assets over a five-year period. Businesses that can provide asset valuation reports, attend progress meetings, and cooperate with audits are well-suited to compete in this procurement process. The contract presents a chance for growth for businesses with expertise in real estate services and asset valuation.

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Notice Information

Notice Title

Lot 1Homes England - Lot 1: Property Professional Services of the Property and Financial Professional Services Framework 22 - 26 - Homes England Annual Valuation Exercise 2022/23 to 2026/27 - National

Notice Description

Undertaking the formal Red Book Valuations of Homes England assets for a five year period, incorporating the 2022/23, 2023/24, 2024/25, 2025/26 and 2026/27 valuation exercises. Services include producing asset valuation reports, attendance at progress meetings, briefings and co-operation with audit. Five separate appointments have been made.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e2cfa4f1-8da2-467d-af6d-93400aab66ee
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/11410735-ea98-4e78-a0c6-285b18088c71
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
Not applicable
Tender Suitability
SME
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
£2,450,000 £1M-£10M
Lots Value
Not specified
Awards Value
£2,450,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
7 Nov 20223 years ago
Submission Deadline
30 Aug 2022Expired
Future Notice Date
Not specified
Award Date
12 Oct 20223 years ago
Contract Period
13 Oct 2022 - 30 Sep 2027 4-5 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
HOMES ENGLAND
Contact Name
Not specified
Contact Email
etendering@homesengland.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
NEWCASTLE
Postcode
NE4 5BZ
Post Town
Newcastle upon Tyne
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
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
Newcastle upon Tyne
Electoral Ward
Arthur's Hill
Westminster Constituency
Newcastle upon Tyne Central and West

Supplier Information

Number of Suppliers
4
Supplier Names

CARTER JONAS

CBRE

LAMBERT SMITH HAMPTON

THOMAS LISTER

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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