Tender

GBC - Asset Valuation and Professional Services Framework

GUILDFORD BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Tender

03 Aug 2021 at 11:51

Summary of the contracting process

The Guildford Borough Council is currently seeking tenders for the "GBC - Asset Valuation and Professional Services Framework," which falls under the financial and insurance services sector. This procurement process is at the Tender stage and requires submissions by 3rd September 2021. The framework encompasses five Lots, each focusing on different valuation and consultancy services, with the contract period commencing from 15th October 2021 and ending on 14th October 2025. Interested parties must be registered on the designated portal to submit their bids, where they may cover multiple Lots without a cap on the number of awards.

This tender presents significant opportunities for businesses specialised in real estate services, including valuation and consultancy on commercial and residential properties. Companies offering expertise in property assessment, lease negotiations, and other related professional services would be well-positioned to compete for these contracts. The open procurement method also encourages broader participation, making it accessible for both established firms and new entrants in the sector looking to expand their portfolio through public sector engagements.

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Notice Title

GBC - Asset Valuation and Professional Services Framework

Notice Description

Guildford Borough Council is seeking Tenderers to submit rates for a variety of Services that are required in order to create a dedicated framework to be utilised across the Council. The framework is split into five Lots with Services and Specialisms within those Lots. Tenderers are invited to submit a tender in respect of more than one Lot, and any Service/Services and Specialisms within that Lot. Full details can be found in the ITT documentIn order to take part in this ITT all participants need to be registered on the portal that Guildford Borough Council use to manage ITT. You can do so via this link:https://www.in-tendhost.co.uk/sesharedservices/aspx/HomeRef: GBC-033105

Lot Information

Lot 1: Commercial Valuation/Agency

Where the Council has identified a property, space or holdings which it wishes to acquire an asset valuation will be required for the purposes of providing expert opinion that the Council is paying the best price for the acquisition of an asset. The valuation will, where specified, be in accordance with the RICS Valuation - Global Standards for the legal property interest to be transferred.

Lot 2: Commercial Landlord & Tenant

Where the Council requires a surveyor to act on its behalf in agreeing the terms of a lease renewal, the Tenderer shall provide recommendations to achieve the most favourable outcome for the Council. The Tenderer shall undertake and manage the lease renewal through to a satisfactory conclusion.

Lot 3: Residential Valuation - Capital, Rental, Right to Buy, etc.

Where the Council requires a capital valuation for the purposes of providing expert opinion, the Tenderer shall provide recommendations on whether the Council is paying the best price or obtaining best value for a residential property transaction. The valuation will, where necessary, be in accordance with the RICS Valuation - Global Standards for the legal property interest to be transferred.

Lot 4: Consultancy - Dilapidations

Where the Council's tenant is to vacate on lease expiry, the Tenderer is to provide comprehensive advice on the most appropriate course of action to be taken

Lot 5: Other Valuations - Charity Assets

Where the Council requires a valuation for the purposes of providing expert opinion that the Council is achieving best consideration (or paying best value, where applicable) for an asset, the Tenderer will be required to provide a valuation

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02d019
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/018603-2021
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

70 - Real estate services


CPV Codes

66000000 - Financial and insurance services

70000000 - Real estate services

70300000 - Real estate agency services on a fee or contract basis

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
3 Aug 20214 years ago
Submission Deadline
3 Sep 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
14 Oct 2021 - 14 Oct 2025 4-5 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
GUILDFORD BOROUGH COUNCIL
Contact Name
Not specified
Contact Email
procurement@guildford.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
GUILDFORD
Postcode
GU2 4BB
Post Town
Guildford
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ25 West Surrey
Delivery Location
TLJ26 East Surrey

Local Authority
Guildford
Electoral Ward
St Nicolas
Westminster Constituency
Guildford

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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