Award

Chartered Surveyors - LB Bromley Statutory Property Asset Valuations

LONDON BOROUGH OF BROMLEY

This public procurement record has 2 releases in its history.

Award

29 Sep 2022 at 11:34

Tender

04 Jul 2022 at 09:07

Summary of the contracting process

The London Borough of Bromley has recently completed a tender process for appointing Chartered Surveyors for statutory property asset valuations. This 5-year contract covers valuations for the financial years 2022 - 2027, ensuring proper representation of property assets in financial accounts. The procurement stage was an open procedure with key dates indicating the contract was awarded on September 8, 2022, with a value of £460,000. The buying organisation, London Borough of Bromley, located in Bromley, United Kingdom, was the contracting authority for this service procurement in the business and management consultancy sector.

This tender by the London Borough of Bromley offers business growth opportunities for firms specialising in Chartered Surveying services. Companies interested in property asset valuations within the statutory framework may find this tender particularly relevant for expanding their business. With a contract value of £460,000 and a procurement method of an open procedure, this opportunity welcomes businesses of different scales to compete, aligning with the interests of suppliers who cater to public sector contracting within the specified industry category and location.

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Notice Title

Chartered Surveyors - LB Bromley Statutory Property Asset Valuations

Notice Description

The London Borough of Bromley (the 'Council') is seeking to appoint a suitably qualified firm of Chartered Surveyors and Registered Valuers on a 5-year contract to undertake their statutory asset valuations for the financial years 2022 - 2027. This is required to ensure that the value of the property assets of the Council are properly represented in their financial accounts in accordance with relevant RICS, CIPFA and IFRS standards.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-034d56
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/027319-2022
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

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


CPV Codes

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
£460,000 £100K-£500K
Lots Value
£460,000 £100K-£500K
Awards Value
Not specified
Contracts Value
£460,000 £100K-£500K

Notice Dates

Publication Date
29 Sep 20223 years ago
Submission Deadline
1 Aug 2022Expired
Future Notice Date
Not specified
Award Date
7 Sep 20223 years ago
Contract Period
1 Dec 2022 - 30 Nov 2025 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
LONDON BOROUGH OF BROMLEY
Contact Name
Miss Lorraine Baker
Contact Email
lorraine.baker@bromley.gov.uk
Contact Phone
+44 2084617722

Buyer Location

Locality
BROMLEY
Postcode
BR1 3UH
Post Town
Bromley
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI61 Bromley
Delivery Location
TLI61 Bromley

Local Authority
Bromley
Electoral Ward
Bromley Town
Westminster Constituency
Bromley and Biggin Hill

Supplier Information

Number of Suppliers
1
Supplier Name

MONTAGU EVANS

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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