Award

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

Right to Buy (RtB) Property Valuation Services

London Borough of Hackney

This public procurement record has 2 releases in its history.

Award

06 Oct 2021 at 14:20

Award Notice
Tender

01 Apr 2021 at 13:05

Tender Notice
Summary of the contracting process

The procurement process involves the London Borough of Hackney, which conducted a tender for "Right to Buy (RtB) Property Valuation Services." This initiative is classified under real estate services within the services industry category. The tender is part of a selective procurement method, utilizing a restricted procedure for applications. The contract is for a three-year term with options for two additional one-year extensions, aiming to appoint a single provider to deliver valuation services for the Council’s approximately 22,000 tenanted properties. The deadline for submissions was set for the 5th of May, 2021.

This tender presents significant opportunities for growth, particularly for service providers specialising in property valuation and real estate consultancy. With Hackney Council receiving between 250 and 300 Right to Buy applications annually, companies that can demonstrate quality service delivery and sustainable practices are encouraged to compete. This process will suit small to medium-sized enterprises (SMEs) that align with the Council’s objectives in providing high-quality and cost-effective valuation services.

How relevant is this notice?

Notice Information

Notice Title

Right to Buy (RtB) Property Valuation Services

Notice Description

This procurement exercise was conducted by Hackney Council in order to appoint one provider to deliver both Right to Buy and Shared Ownership valuations for their housing stock.

Lot Information

Lot 1

Hackney Council sought and appointed a suitably qualified supplier to provide both Right to Buy and Shared Ownership valuations for their housing stock, as and when the Council may require it over the lifetime of the 3-year contract. The Council manages approximately 22,000 tenanted properties. The Council currently receives on average between 250 and 300 Right to Buy (RTB) applications per year.

Options: Option to extend the contract by up to two (2) 12 month extension periods.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02a21c
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/024904-2021
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted 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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£425,000 £100K-£500K

Notice Dates

Publication Date
6 Oct 20214 years ago
Submission Deadline
5 May 2021Expired
Future Notice Date
Not specified
Award Date
29 Sep 20214 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
London Borough of Hackney
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
HACKNEY
Postcode
E8 1DY
Postcode Area
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
TLI41 Hackney and Newham
Local Authority
Hackney
Electoral Ward
Hackney Central
Westminster Constituency
Hackney South and Shoreditch

Supplier Information

Number of Suppliers
1
Supplier Name

Autohouse Property Services Ltd

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...