INVITATION TO TENDER FOR THE PROVISION OF PROPERTY ASSET CONSULTANCY SERVICES

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    "date": "2023-04-25T11:36:44+01:00",
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    "initiationType": "tender",
    "tender": {
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        "legalBasis": {
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            "scheme": "CELEX"
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        "title": "INVITATION TO TENDER FOR THE PROVISION OF PROPERTY ASSET CONSULTANCY SERVICES",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "70000000",
            "description": "Real estate services"
        },
        "mainProcurementCategory": "services",
        "description": "Basingstoke and Deane Borough Council (BDBC) is seeking to procure asset Valuation Consultancy Services for asset valuations to be included in the Council's accounts and financial statements. BDBC has a significant commercial property investment portfolio, all of which is to be valued by external consultants, on an annual basis. The operational portfolio is also to be valued within this contract, with 1/3 of the operational portfolio valued each year of the contract. The investment element of the portfolio in March 2022 in terms of asset valuation was valued at circa PS339m and the operational and car park portfolio was valued at circa PS57m. BDBC wishes to procure asset valuation consultancy services in connection with the annual valuation of its property investment portfolio for the next 3 years, with an option to BDBC to extend for a further year.",
        "lots": [
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                "description": "Basingstoke and Deane Borough Council (BDBC) was seeking to procure asset Valuation Consultancy Services for asset valuations to be included in the Council's accounts and financial statements. BDBC has a significant commercial property investment portfolio, all of which is to be valued by external consultants, on an annual basis. The operational portfolio is also to be valued within this contract, with 1/3 of the operational portfolio valued each year of the contract. The investment element of the portfolio in March 2022 in terms of asset valuation was valued at circa PS339m and the operational and car park portfolio was valued at circa PS57m. BDBC wishes to procure asset valuation consultancy services in connection with the annual valuation of its property investment portfolio for the next 3 years, with an option to BDBC to extend for a further year.",
                "value": {
                    "amount": 600000,
                    "currency": "GBP"
                },
                "contractPeriod": {
                    "durationInDays": 1080
                },
                "hasRenewal": true,
                "renewal": {
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                "hasOptions": true,
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                    "description": "The contract will be subject to an optional extension of 1 x 12 months."
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                "status": "cancelled",
                "awardCriteria": {
                    "criteria": [
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                            "name": "Resourcing of this instruction",
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                            "description": "10"
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                        {
                            "name": "Examples of any previous enhancement and impairment reviews of property you may have carried out",
                            "type": "quality",
                            "description": "5"
                        },
                        {
                            "name": "The form of Valuation Schedule",
                            "type": "quality",
                            "description": "10"
                        },
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                            "name": "Price",
                            "type": "cost",
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                "deliveryAddresses": [
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                        "region": "UKJ3"
                    },
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                        "region": "UKJ3"
                    }
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                "relatedLot": "1"
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        ],
        "submissionMethod": [
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        "communication": {
            "atypicalToolUrl": "https://sebp.due-north.com/"
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            "hasElectronicPayment": true
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        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "coveredBy": [
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        "tenderPeriod": {
            "endDate": "2023-02-08T11:00:00Z"
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        "submissionTerms": {
            "languages": [
                "en"
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        "awardPeriod": {
            "startDate": "2023-02-08T12:00:00Z"
        },
        "bidOpening": {
            "date": "2023-02-08T12:00:00Z",
            "address": {
                "streetAddress": "The Council is utilising an electronic tendering tool. Accordingly, there will be no hard copy documents issued to Tenders and all communication with the Council, Including the submission of Tenderers' Responses, will be conducted via the ProContract system. http://sebp.due-north.com"
            }
        },
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    },
    "parties": [
        {
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            "name": "Basingstoke & Deane Borough Council",
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            "address": {
                "streetAddress": "Civic Offices",
                "locality": "BASINGSTOKE",
                "region": "UKJ3",
                "postalCode": "RG214AH",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "Procurement Team",
                "telephone": "+44 1256844844",
                "email": "procurement@basingstoke.gov.uk",
                "url": "https://procontract.due-north.com/Advert/Index?advertId=08c81c3c-6980-ed11-811c-005056b64545"
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                "postalCode": "WC2A 2LL",
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            "roles": [
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        {
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            "name": "Montagu Evans LLP",
            "identifier": {
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                "streetAddress": "70 St Mary Axe",
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            "id": "011783-2023-1",
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            "title": "INVITATION TO TENDER FOR THE PROVISION OF PROPERTY ASSET CONSULTANCY SERVICES",
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            "title": "INVITATION TO TENDER FOR THE PROVISION OF PROPERTY ASSET CONSULTANCY SERVICES",
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            "value": {
                "amount": 505675,
                "currency": "GBP"
            },
            "dateSigned": "2023-03-20T00:00:00Z"
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