Award

HRA Revaluation for Resource Accounting 2022-2027 via Procurement Hub Professional Services framework

STEVENAGE BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

10 Dec 2024 at 15:12

Summary of the contracting process

Stevenage Borough Council has completed the procurement process for the "HRA Revaluation for Resource Accounting 2022-2027 via Procurement Hub Professional Services framework." This project, classified under the financial and insurance services sector (CPV: 66000000), involves HRA stock valuation surveys and reporting for resource accounting and rebuild valuation for insurance purposes. The contract, valued at £34,000 GBP, covers the period from 12 April 2022 to 11 April 2027 and is located in the East of England. The procurement was conducted using a selective method through a call-off from a framework agreement. Key dates include the tender period ending on 31 March 2022 and the contract award date on 1 April 2022.

This tender presents substantial opportunities for business growth, particularly for SMEs and VCSEs as well-suited candidates. Businesses specialising in financial and insurance services can leverage this contract to expand their portfolio within the public sector. The collaboration with a significant entity like Stevenage Borough Council can enhance reputation and lead to further opportunities within the industry. Savills (UK) Limited, a large-scale supplier, has been awarded the contract, highlighting the competitive yet rewarding nature of such procurement processes.

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Notice Title

HRA Revaluation for Resource Accounting 2022-2027 via Procurement Hub Professional Services framework

Notice Description

HRA stock valuation surveys and report for resource accounting and reinstatement (rebuild valuation for HRA stock for insurance purpose

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e3fbe805-296e-404c-842f-9cc1722dfac0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1fd03212-64c9-412b-9daf-0ee2a651383b
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£34,000 Under £100K
Lots Value
Not specified
Awards Value
£34,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
10 Dec 20241 years ago
Submission Deadline
31 Mar 2022Expired
Future Notice Date
Not specified
Award Date
31 Mar 20223 years ago
Contract Period
11 Apr 2022 - 11 Apr 2027 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
STEVENAGE BOROUGH COUNCIL
Contact Name
Not specified
Contact Email
procurement@stevenage.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
STEVENAGE
Postcode
SG1 1HN
Post Town
Stevenage
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH26 North and East Hertfordshire
Delivery Location
Not specified

Local Authority
Stevenage
Electoral Ward
Old Town
Westminster Constituency
Stevenage

Supplier Information

Number of Suppliers
1
Supplier Name

SAVILLS (UK

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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