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RICS Red Book Compliant Valuations

Bournemouth Christchurch and Poole Council

This public procurement record has 3 releases in its history.

Award

01 Oct 2024 at 14:40

Award Notice
TenderUpdate

16 May 2024 at 11:55

Tender Notice
Tender

09 May 2024 at 12:39

Tender Notice
Summary of the contracting process

Bournemouth Christchurch and Poole Council has completed the public procurement process for the provision of RICS Red Book Compliant Valuation services under the framework agreement titled "RICS Red Book Compliant Valuations". The completed procurement, categorised under "Real estate services" (CPV code: 70000000), was carried out using an open procedure and involved an open procurement method, ensuring transparency and fair competition. The procurement resulted in active awards for two lots differentiated based on asset valuation. The awards, aimed at providing valuation services for various property types, were finalised on 1st October 2024, with contracts signed on this date. The procurement was region-specific for UKK24, and services were to be provided by awarded suppliers Lambert Smith Hampton Group Limited, Eightfold Professional Limited T/A Eightfold Property, and Vickery Holman Ltd.

This procurement presents significant opportunities for businesses specialising in real estate services, particularly those with expertise in RICS compliant valuations. It supports long-term business growth by enabling successful bidders to become part of a valued framework agreement with a major local council, enhancing their reputation and expanding their client base. The tender is well-suited for both large firms and SMEs, facilitating a diversified business environment. Firms engaged in market valuation, rent assessment, and other related real estate services will find substantial opportunities in this framework, contributing to steady and secure revenue streams over the four-year duration of the framework agreement.

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Notice Information

Notice Title

RICS Red Book Compliant Valuations

Notice Description

To appoint suppliers for the provision of RICS (Royal Institute of Chartered Surveyors) Valuation services. The services to be included but limited to: - Market Value for the acquisition or disposal of land and buildings (housing and commercial) Market Rent for the leasing in or letting out of land and buildings (housing and commercial).

Lot Information

Lot 1 - Estimated valuation of asset up to PS2,000,000

The provision of RICS (Royal Institute of Chartered Surveyors) Valuation services. The services to be included but limited to: - Market Value for the acquisition or disposal of land and buildings (housing and commercial) Market Rent for the leasing in or letting out of land and buildings (housing and commercial). Additional information: Please do not contact any officer/team named on this notice or the documentation. All documentation for this opportunity is available on www.supplyingthesouthwest.org.uk . Any expressions of interest must be made through this portal unless otherwise instructed. You will need to register on the site to submit a bid. Registering is free of charge.

Lot 2

The provision of RICS (Royal Institute of Chartered Surveyors) Valuation services. The services to be included but limited to: - Market Value for the acquisition or disposal of land and buildings (housing and commercial) Market Rent for the leasing in or letting out of land and buildings (housing and commercial). Additional information: Please do not contact any officer/team named on this notice or the documentation. All documentation for this opportunity is available on www.supplyingthesouthwest.org.uk . Any expressions of interest must be made through this portal unless otherwise instructed. You will need to register on the site to submit a bid. Registering is free of charge.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04584a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/031390-2024
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
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
£530,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£530,000 £500K-£1M

Notice Dates

Publication Date
1 Oct 20241 years ago
Submission Deadline
7 Jun 2024Expired
Future Notice Date
Not specified
Award Date
1 Oct 20241 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Bournemouth Christchurch and Poole 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
BOURNEMOUTH
Postcode
BH2 6DY
Postcode Area
Bournemouth
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK6 North Somerset, Somerset and Dorset
Small Region (ITL 3)
TLK63 Bournemouth, Christchurch and Poole
Delivery Location
TLK24 Bournemouth, Christchurch and Poole
Local Authority
Bournemouth, Christchurch and Poole
Electoral Ward
Bournemouth Central
Westminster Constituency
Bournemouth West

Supplier Information

Number of Suppliers
3
Supplier Names

Eightfold Professional Limited T/A Eightfold Property

Lambert Smith Hampton Group Limited

Vickery Holman Ltd

Further Information

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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