Award

Consultancy Services for the Revaluation of Land and Property Assets within the County of Powys (Asset Valuations)

POWYS COUNTY COUNCIL

This public procurement record has 2 releases in its history.

Award

05 May 2023 at 07:54

Tender

15 Nov 2022 at 15:51

Summary of the contracting process

The Powys County Council has completed the tender process for Consultancy Services for the Revaluation of Land and Property Assets within the County of Powys. The Council sought experienced suppliers for asset valuations involving various property types over multiple financial years. The contract, now active, was awarded to COOKE & ARKWRIGHT on 20th April 2023 for a value of £689,000.

This tender presents business growth opportunities for suppliers in real estate services, building consultancy services, and property management services. Businesses with expertise in asset valuations and financial reporting within the real estate sector are well-suited to compete. The tender process was open, enhancing competition, with procurement details accessible on the Powys County Council's website. The submission deadline was 15th December 2022, and the contract duration extends for 5-6 years, offering a stable revenue stream for successful bidders.

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Notice Title

Consultancy Services for the Revaluation of Land and Property Assets within the County of Powys (Asset Valuations)

Notice Description

The Council is seeking to engage suitably experienced and qualified Suppliers to enter into a Contract for the provision of consultancy services for the revaluation of land and property assets for financial reporting purposes (Asset Valuations) within the County of Powys.

Lot Information

Lot 1

Annual revaluation of the Council's rolling programme property portfolio, spread over 6 financial years to include general fund (operational assets) assets held for sale, surplus and investment assets. -The revaluation of assets, which have been enhanced in value during a particular financial year as a result of capital works being undertaken to the property. -The revaluation may be applicable to a specific area of a property, or the entire property. -The revaluation of Council County Farms assets in 2023/2024 and 2026/2027. This currently comprises some 11,300 Acres land and woodland being some 140 farms and smallholdings and some 45 blocks of woodland. -The revaluation of the Welsh Church in 2023/2024 and 2026/2027 currently comprising some 8 land assets -The revaluation of the Council Housing assets comprising some 5400 Council house and some 500 plus garages in 2023/2024 and 2026/2027. -An annual valuation of any property, which has been subject to impairment. -The provision of other asset valuations required due to category change. -The valuation of the Leased in assets in 2024/2025 and 2027/2028

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0384ae
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/012873-2023
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

71 - Architectural, construction, engineering and inspection services


CPV Codes

70000000 - Real estate services

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

70330000 - Property management services of real estate on a fee or contract basis

71315200 - Building consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£689,000 £500K-£1M

Notice Dates

Publication Date
5 May 20233 years ago
Submission Deadline
15 Dec 2022Expired
Future Notice Date
Not specified
Award Date
19 Apr 20233 years ago
Contract Period
Not specified - Not specified
Recurrence
5/6 years

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
POWYS COUNTY COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LLANDRINDOD WELLS
Postcode
LD1 5LG
Post Town
Llandrindod Wells
Country
Wales

Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL4 Mid and South West Wales
Small Region (ITL 3)
TLL41 Mid Wales
Delivery Location
TLL24 Powys

Local Authority
Powys
Electoral Ward
Llandrindod South
Westminster Constituency
Brecon, Radnor and Cwm Tawe

Supplier Information

Number of Suppliers
1
Supplier Name

COOKE & ARKWRIGHT

Open Contracting Data Standard (OCDS)

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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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