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T1654 - Tender for the Valuation of NIHE Housing Stock for Year End Financial Statements

Northern Ireland Housing Executive

This public procurement record has 2 releases in its history.

Award

20 Dec 2023 at 09:55

Award Notice
Tender

13 Oct 2023 at 09:36

Tender Notice
Summary of the contracting process

The Northern Ireland Housing Executive has completed the tender process for the valuation of its housing stock for year-end financial statements. The contract, titled T1654, falls under the real estate services category. The valuation service will cover a five-year cycle from March 31, 2024, to March 31, 2028. The procurement method used was an open procedure. The contract was awarded to LAND PROPERTY SERVICES for a value of £260,000, and it was signed on December 20, 2023.

This tender opportunity provides a chance for surveyors to contribute to the financial statements of the Housing Executive. Businesses specializing in real estate services and valuation expertise are well-suited to compete for this contract. The housing stock valuation process requires adherence to professional standards, offering opportunities for quality-focused and cost-effective service providers to showcase their capabilities.

How relevant is this notice?

Notice Information

Notice Title

T1654 - Tender for the Valuation of NIHE Housing Stock for Year End Financial Statements

Notice Description

The Housing Executive invites tenders from surveyors for the provision of a valuation service, in accordance with the Royal Institution of Chartered Surveyors Valuation - Professional Standards ("the RICS Red Book"), in respect of the Housing Executive's housing stock for its year-end financial statements over a five year cycle (Year End 31 March 2024 to Year End 31 March 2028).

Lot Information

Lot 1

The Housing Executive invites tenders from surveyors for the provision of a valuation service, in accordance with the Royal Institution of Chartered Surveyors Valuation - Professional Standards ("the RICS Red Book"), in respect of the Housing Executive's housing stock for its year-end financial statements over a five year cycle (Year End 31 March 2024 to Year End 31 March 2028).

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-040b9f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/037395-2023
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

CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
£253,000 £100K-£500K
Lots Value
£253,000 £100K-£500K
Awards Value
Not specified
Contracts Value
£260,000 £100K-£500K

Notice Dates

Publication Date
20 Dec 20232 years ago
Submission Deadline
13 Nov 2023Expired
Future Notice Date
Not specified
Award Date
20 Dec 20232 years ago
Contract Period
Not specified - Not specified
Recurrence
This contract is for a five year period. If the requirements of this contract are still required after this period then the Housing Executive may advertise a new tendering opportunity.

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Northern Ireland Housing Executive
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BELFAST
Postcode
BT2 8BP
Postcode Area
Northern Ireland
Country
Northern Ireland
Major Region (ITL 1)
TLN Northern Ireland
Basic Region (ITL 2)
TLN0 Northern Ireland
Small Region (ITL 3)
TLN06 Belfast
Delivery Location
TLN0 Northern Ireland
Local Authority
Belfast
Electoral Ward
Central
Westminster Constituency
Belfast South and Mid Down

Supplier Information

Number of Suppliers
1
Supplier Name

LAND PROPERTY SERVICES

Further Information

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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