Award

PAN2586 - Residential Property Valuation Services (RTB)

LEICESTER CITY COUNCIL

This public procurement record has 2 releases in its history.

Award

16 Dec 2021 at 16:54

Tender

03 Aug 2021 at 14:40

Summary of the contracting process

Leicester City Council is currently engaging in a public procurement process for "PAN2586 - Residential Property Valuation Services (RTB)," under the services category, specifically targeting real estate services. The procurement method is an open procedure, with an active tender status. The deadline for submissions is set for 3rd September 2021 at 12:00 PM. The successful contract, which has a value of £480,000, is expected to last for three years with an option to extend for one additional year. The contract involves conducting comprehensive property valuations, requiring detailed inspections and the preparation of full plans.

This tender presents a significant opportunity for growth, particularly for businesses specialising in property valuation and real estate services, including SMEs that can deliver quality inspections and reports in line with RICS standards. Companies with expertise in accurate market value assessments and a track record in similar valuation services would be particularly suited to compete. The emphasis on quality and price in the award criteria highlights the need for competitive and high-calibre bids.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

PAN2586 - Residential Property Valuation Services (RTB)

Notice Description

Leicester City Council invites Tenders for the provision of residential property valuations services The Supplier will be required to undertake a full valuation, inspecting a property both internally and externally, providing and preparing full plans of the residential property in order to recommend the current market value. The proposed Contract will be for three years with an option to extend for a period or periods totalling no more than a further one year. We anticipate awarding to a single Supplier.

Lot Information

Lot 1

Leicester City Council invites Tenders for the provision of residential property valuations services The Supplier will be required to undertake a full valuation, inspecting a property both internally and externally, providing and preparing full plans of the residential property in order to recommend the current market value. The proposed Contract will be for three years with an option to extend for a period or periods totalling no more than a further one year. We anticipate awarding to a single Supplier.

Options: The proposed Contract will be for three years with an option to extend for a period or periods totalling no more than a further one year. We anticipate awarding to a single Supplier.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02d03f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/031490-2021
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender 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

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

70000000 - Real estate services

70331000 - Residential property services

70332000 - Non-residential property services

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£480,000 £100K-£500K

Notice Dates

Publication Date
16 Dec 20214 years ago
Submission Deadline
3 Sep 2021Expired
Future Notice Date
Not specified
Award Date
1 Dec 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

Contracting Authority (Buyer)

Main Buyer
LEICESTER CITY COUNCIL
Contact Name
Mr John Morgan
Contact Email
john.morgan@leicester.gov.uk
Contact Phone
+44 1164540347

Buyer Location

Locality
LEICESTER
Postcode
LE1 1FZ
Post Town
Leicester
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF2 Leicestershire, Rutland and Northamptonshire
Small Region (ITL 3)
TLF21 Leicester
Delivery Location
TLF East Midlands (England), TLF21 Leicester

Local Authority
Leicester
Electoral Ward
Castle
Westminster Constituency
Leicester South

Supplier Information

Number of Suppliers
1
Supplier Name

READINGS PROPERTY GROUP

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-02d03f-2021-12-16T16:54:28Z",
    "date": "2021-12-16T16:54:28Z",
    "ocid": "ocds-h6vhtk-02d03f",
    "initiationType": "tender",
    "tender": {
        "id": "DN532136",
        "legalBasis": {
            "id": "32014L0024",
            "scheme": "CELEX"
        },
        "title": "PAN2586 - Residential Property Valuation Services (RTB)",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "70000000",
            "description": "Real estate services"
        },
        "mainProcurementCategory": "services",
        "description": "Leicester City Council invites Tenders for the provision of residential property valuations services The Supplier will be required to undertake a full valuation, inspecting a property both internally and externally, providing and preparing full plans of the residential property in order to recommend the current market value. The proposed Contract will be for three years with an option to extend for a period or periods totalling no more than a further one year. We anticipate awarding to a single Supplier.",
        "lots": [
            {
                "id": "1",
                "description": "Leicester City Council invites Tenders for the provision of residential property valuations services The Supplier will be required to undertake a full valuation, inspecting a property both internally and externally, providing and preparing full plans of the residential property in order to recommend the current market value. The proposed Contract will be for three years with an option to extend for a period or periods totalling no more than a further one year. We anticipate awarding to a single Supplier.",
                "awardCriteria": {
                    "criteria": [
                        {
                            "name": "Quality",
                            "type": "quality",
                            "description": "60"
                        },
                        {
                            "type": "price",
                            "description": "40"
                        }
                    ]
                },
                "contractPeriod": {
                    "durationInDays": 1440
                },
                "hasRenewal": false,
                "submissionTerms": {
                    "variantPolicy": "notAllowed"
                },
                "hasOptions": true,
                "options": {
                    "description": "The proposed Contract will be for three years with an option to extend for a period or periods totalling no more than a further one year. We anticipate awarding to a single Supplier."
                },
                "status": "cancelled"
            }
        ],
        "items": [
            {
                "id": "1",
                "additionalClassifications": [
                    {
                        "scheme": "CPV",
                        "id": "70331000",
                        "description": "Residential property services"
                    },
                    {
                        "scheme": "CPV",
                        "id": "70332000",
                        "description": "Non-residential property services"
                    },
                    {
                        "scheme": "CPV",
                        "id": "79000000",
                        "description": "Business services: law, marketing, consulting, recruitment, printing and security"
                    }
                ],
                "deliveryAddresses": [
                    {
                        "region": "UKF21"
                    },
                    {
                        "region": "UKF"
                    }
                ],
                "deliveryLocation": {
                    "description": "Leicester"
                },
                "relatedLot": "1"
            }
        ],
        "submissionMethod": [
            "electronicSubmission"
        ],
        "submissionMethodDetails": "https://procontract.due-north.com/Advert?advertId=53f9e6c6-3ff4-eb11-810d-005056b64545",
        "documents": [
            {
                "id": "economic",
                "documentType": "economicSelectionCriteria"
            },
            {
                "id": "technical",
                "documentType": "technicalSelectionCriteria"
            }
        ],
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "coveredBy": [
            "GPA"
        ],
        "tenderPeriod": {
            "endDate": "2021-09-03T12:00:00+01:00"
        },
        "submissionTerms": {
            "languages": [
                "en"
            ]
        },
        "awardPeriod": {
            "startDate": "2021-09-03T12:00:00+01:00"
        },
        "bidOpening": {
            "date": "2021-09-03T12:00:00+01:00"
        },
        "hasRecurrence": true
    },
    "parties": [
        {
            "id": "GB-FTS-550",
            "name": "Leicester City Council",
            "identifier": {
                "legalName": "Leicester City Council"
            },
            "address": {
                "streetAddress": "City Hall (4th Floor), 115 Charles Street",
                "locality": "Leicester",
                "region": "UKF",
                "postalCode": "LE1 1FZ",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "Mr John Morgan",
                "telephone": "+44 1164540347",
                "email": "John.Morgan@leicester.gov.uk",
                "url": "https://procontract.due-north.com/Advert?advertId=53f9e6c6-3ff4-eb11-810d-005056b64545"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "http://www.leicester.gov.uk",
                "buyerProfile": "http://www.leicester.gov.uk",
                "classifications": [
                    {
                        "scheme": "TED_CA_TYPE",
                        "id": "REGIONAL_AUTHORITY",
                        "description": "Regional or local authority"
                    },
                    {
                        "scheme": "COFOG",
                        "id": "01",
                        "description": "General public services"
                    }
                ]
            }
        },
        {
            "id": "GB-FTS-1141",
            "name": "Construction and Technology Court (Queens Bench Division)",
            "identifier": {
                "legalName": "Construction and Technology Court (Queens Bench Division)"
            },
            "address": {
                "streetAddress": "Priory Courts, 33 Bull Street",
                "locality": "Birmingham",
                "postalCode": "B4 6DS",
                "countryName": "United Kingdom"
            },
            "roles": [
                "reviewBody"
            ]
        },
        {
            "id": "GB-FTS-38032",
            "name": "Readings Property Group Ltd",
            "identifier": {
                "legalName": "Readings Property Group Ltd",
                "id": "7380464"
            },
            "address": {
                "streetAddress": "48 Granby Street",
                "locality": "Leicester",
                "region": "UKF",
                "postalCode": "LE1 1 DH",
                "countryName": "United Kingdom"
            },
            "roles": [
                "supplier"
            ],
            "details": {
                "scale": "sme"
            }
        },
        {
            "id": "GB-FTS-305",
            "name": "Construction and Technology Court (Queen's Bench Division)",
            "identifier": {
                "legalName": "Construction and Technology Court (Queen's Bench Division)"
            },
            "address": {
                "streetAddress": "Priory Courts, 33 Bull Street",
                "locality": "Birmingham",
                "postalCode": "B4 6DS",
                "countryName": "United Kingdom"
            },
            "roles": [
                "reviewBody"
            ]
        }
    ],
    "buyer": {
        "id": "GB-FTS-550",
        "name": "Leicester City Council"
    },
    "language": "en",
    "awards": [
        {
            "id": "031490-2021-PAN2586-1",
            "relatedLots": [
                "1"
            ],
            "status": "active",
            "suppliers": [
                {
                    "id": "GB-FTS-38032",
                    "name": "Readings Property Group Ltd"
                }
            ]
        }
    ],
    "contracts": [
        {
            "id": "031490-2021-PAN2586-1",
            "awardID": "031490-2021-PAN2586-1",
            "status": "active",
            "value": {
                "amount": 480000,
                "currency": "GBP"
            },
            "dateSigned": "2021-12-01T00:00:00Z"
        }
    ],
    "bids": {
        "statistics": [
            {
                "id": "1",
                "measure": "bids",
                "relatedLot": "1",
                "value": 4
            }
        ]
    }
}