Award

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

Tender for Provision of Asset and Insurance Valuation Services

Sandwell Metropolitan Borough Council

This public procurement record has 2 releases in its history.

Award

17 Oct 2023 at 13:40

Award Notice
Tender

25 May 2023 at 16:33

Tender Notice
Summary of the contracting process

The Sandwell Metropolitan Borough Council has completed a procurement process for the provision of Asset and Insurance Valuation Services. The contract covers services for both Sandwell MBC and the West Midlands Fire Service. The tender, with an award value of £216,000, was conducted through an open procedure. The procurement stage was at an award status as of October 17, 2023. The contract is scheduled for a five-year term starting from September 1, 2023, extendable for an additional year based on performance.

This tender opportunity by Sandwell MBC presents a chance for asset and insurance valuation service providers to secure a long-term contract with a public authority. Businesses operating in the real estate services sector, particularly those experienced in asset and insurance valuation, are well-suited to compete for this opportunity. The procurement criteria include both quality and price considerations, with quality accounting for 40% and price 60% in the award evaluation. Interested parties should consider the specified submission deadline of June 26, 2023, and the online submission method for their bids to be considered.

How relevant is this notice?

Notice Information

Notice Title

Tender for Provision of Asset and Insurance Valuation Services

Notice Description

The Council wishes to invite interested parties (Tenderers) to participate in a tender exercise to establish a single Contract for the Provision of Asset and Insurance Valuation Services. The suitably qualified and experienced provider of Asset and Insurance Valuation Services will be required to provide the services described below and in the Tender Specification. These services will be carried out on behalf of both Sandwell MBC and the West Midlands Fire Service. Sandwell Council is a Metropolitan Borough Council situated in the West Midlands and lies approximately six miles west of Birmingham. The Borough comprises the areas of Oldbury, Rowley Regis, Smethwick, Tipton, Wednesbury and West Bromwich.

Lot Information

Lot 1

Please refer to the ITT Documents. Additional information: Please note this is a five year contract 01/09/2023 - 31/08/2028 with the option to extend for a further year subject to satisfactory performance to 31/08/2029

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03cf89
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/030602-2023
Current Stage
Award
All Stages
Tender, Award

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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
£216,000 £100K-£500K
Lots Value
£216,000 £100K-£500K
Awards Value
Not specified
Contracts Value
£216,000 £100K-£500K

Notice Dates

Publication Date
17 Oct 20232 years ago
Submission Deadline
26 Jun 2023Expired
Future Notice Date
Not specified
Award Date
17 Oct 20232 years ago
Contract Period
1 Sep 2023 - 31 Aug 2029 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Sandwell Metropolitan Borough 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
OLDBURY
Postcode
B69 3DB
Postcode Area
Birmingham
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG37 Sandwell
Delivery Location
TLG37 Sandwell
Local Authority
Sandwell
Electoral Ward
Oldbury
Westminster Constituency
West Bromwich

Supplier Information

Number of Suppliers
1
Supplier Name

Wilks Head and Eve LLP

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...