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HAR5957 P5883 General Valuations

Tower Hamlets

This public procurement record has 2 releases in its history.

Award

15 Jul 2025 at 15:49

Award Notice
Tender

31 Jul 2024 at 12:18

Tender Notice
Summary of the contracting process

The public procurement process for "HAR5957 P5883 General Valuations," conducted by the Tower Hamlets Council, falls under the "services" category, specifically targeting the surveying services industry. The location for these services is specified as the UKI region. This contract is in the award stage as of 15th July 2025, following a successful tender phase that concluded on 27th August 2024. The open procedure method was used for procurement, ensuring a competitive and transparent selection process in accordance with legal standards. Key contracts were signed in late January 2025 with Lambert Smith Hampton and Wilks, Head & Eve LLP, who were awarded for Lot 1 and Lot 2, respectively.

This tender offers substantial opportunities for business growth, particularly for qualified Chartered Surveying companies capable of delivering asset valuations for accounting and insurance purposes, as well as rating advisory services. Companies in the surveying sector, especially those with experience in handling legal and financial evaluations, would find this procurement process advantageous. With a potential contract duration of up to four years, there is room for sustained business collaborations, offering stability and growth in the highly competitive UKI region market. Large enterprises as well as SMEs have an equal opportunity to leverage these contracts and contribute to public infrastructure development.

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Notice Information

Notice Title

HAR5957 P5883 General Valuations

Notice Description

The Council are seeking to appoint a qualified Chartered Surveying company to deliver a range of specialist valuation services across its corporate property and housing estate, as set out below. a) Lot 1 - Annual Asset Valuations for Accounting Purposes & Reinstatement Valuations for Insurance Purposes Provide a comprehensive valuation service for accounting and insurance purposes. The contract also includes a Rating advice service, identifying and appealing compiled list errors, material change appeals and ad hoc requests such as Section 44a certificates and other temporary allowances or reductions. b) Lot 2 - Rating Advice 2023 Rating List Provide a Rating advice service, identifying and appealing compiled list errors, material change appeals and ad hoc requests such as Section 44a certificates and other temporary allowances or reductions.

Lot Information

HAR5957 Lot 1: Annual Asset Valuations for Accounting Purposes & Reinstatement Valuations for Insurance Purposes

Lot 1 - Annual Asset Valuations for Accounting Purposes & Reinstatement Vauations for Insurance Purposes Provide a comprehensive valuation service for accounting and insurance purposes. The contract also includes a Rating advice service, identifying and appealing compiled list errors, material change appeals and ad hoc requests such as Section 44a certificates and other temporary allowances or reductions.

Options: Contract Start Date: 13th January 2025 Contract Review Date: 12th January 2028 Contract End Date:12th January 2029 (3 + 1) Contract Duration: 3 + 1 years

Lot 2 - Rating Advice 2023 Rating List

Lot 2 - Rating Advice 2023 Rating List Provide a Rating advice service, identifying and appealing compiled list errors, material change appeals and ad hoc requests such as Section 44a certificates and other temporary allowances or reductions.

Options: Contract Start Date: 13th January 2025 Contract Review Date: 12th January 2028 Contract End Date:12th January 2029 (3 + 1) Contract Duration: 3 + 1 years

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04864b
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/040127-2025
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, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services

CPV Codes

71355000 - Surveying services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£877,400 £500K-£1M

Notice Dates

Publication Date
15 Jul 20251 years ago
Submission Deadline
27 Aug 2024Expired
Future Notice Date
Not specified
Award Date
29 Jan 20251 years ago
Contract Period
2 Sep 2024 - 31 Mar 2028 3-4 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
Tower Hamlets
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
E1 1BJ
Postcode Area
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
TLI London
Local Authority
Tower Hamlets
Electoral Ward
Whitechapel
Westminster Constituency
Bethnal Green and Stepney

Supplier Information

Number of Suppliers
2
Supplier Names

Lambert Smith Hampton

Wilks, Head & Eve LLP

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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