Tender

London and Quadrant Valuations Dynamic Purchasing System (DPS)

LONDON AND QUADRANT HOUSING TRUST

This public procurement record has 1 release in its history.

Tender

14 Mar 2024 at 11:53

Summary of the contracting process

The London and Quadrant Housing Trust is conducting a procurement process for a Dynamic Purchasing System (DPS) for valuation services within the financial and insurance services category. This DPS, named 'London and Quadrant Valuations Dynamic Purchasing System', is available for use by housing associations and public sector entities for valuation services. The DPS is split into two lots covering Development and Asset Management, and Commercial valuations. Suppliers can apply for one or both lots. This procurement follows the Restricted Procedure and has a total value of £200,000. The deadline for tender submissions is 12th March 2028.

Businesses specialising in real estate services, particularly in property development, asset management, and commercial valuations, would find opportunities in this tender. The procurement method is selective, with suppliers needing to meet specific suitability criteria outlined in the tender documentation. London and Quadrant Housing Trust is the buying organisation, overseeing this procurement process. Interested suppliers must adhere to the DPS Rules and submit their applications according to the submission terms. This tender presents a chance for businesses to secure contracts for valuation services with a well-established housing association like London and Quadrant.

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Notice Title

London and Quadrant Valuations Dynamic Purchasing System (DPS)

Notice Description

London and Quadrant Housing Trust is setting up a Dynamic Purchasing System for valuation services ("the DPS") for itself and other housing associations or public sector entities advertised ("Authorised Users") to place Orders when they have a requirement for valuation services.The DPS will be divided into two (2) lots which cover particular categories of valuations that may be required by Authorised Users. These lots are:1. Lot 1: Development and Asset Management2. Lot 2: Commercial Potential Suppliers can apply to be admitted to Lot 1 or Lot 2, or both.L and Q will select a supplier in accordance with the DPS Rules (available to view on the Tender Portal) from the pool of admitted participants to the DPS ("Potential Suppliers"), who have passed this SQ in relation to any particular lot, to fulfil an Order based on its response to a further request to supply document ("RFP").This is a procurement using the Restricted Procedure as required.

Lot Information

Lot 1: Development and Asset Management

Potential Suppliers must have experience in providing the valuation services in at least one of the areas listed below. For Lot 1 - Development and Asset Management:- Property development for multiple tenures, development appraisal, residual valuation.- Asset disposal, including tenanted stock transfers, for multiple tenures and uses. Existing Use Value, Market Value Social Housing, MV-ST, Market Value.- [Private Sale]- [Shared Ownership]- [Private Rent]

Lot 2: Commercial (Sale or Rent)

Looking for suppliers who can do the following valuation services: Lot 2 - Commercial:- Commercial- [Private Sale]- [Shared Ownership]- [Private Rent]- [Insert any other relevant service areas]

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04487b
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/008156-2024
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

70 - Real estate services


CPV Codes

66000000 - Financial and insurance services

70000000 - Real estate services

Notice Value(s)

Tender Value
£200,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
14 Mar 20241 years ago
Submission Deadline
12 Mar 20283 years to go
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
LONDON AND QUADRANT HOUSING TRUST
Contact Name
Procurement
Contact Email
p6@lqgroup.org.uk
Contact Phone
Not specified

Buyer Location

Locality
STRATFORD
Postcode
E15 4PH
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
TLI41 Hackney and Newham

Local Authority
Newham
Electoral Ward
Stratford
Westminster Constituency
Stratford and Bow

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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