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City Fund Operational Valuations

City of London Corporation

This public procurement record has 1 release in its history.

Tender

19 Aug 2024 at 14:27

Tender Notice
Summary of the contracting process

The City of London Corporation is currently in the tender stage for a procurement titled "City Fund Operational Valuations." This opportunity falls under the industry category of property management services of real estate on a fee or contract basis. The procurement is located in the UKI region, specifically in London. The procurement seeks a Professional Service Provider (PSP) to carry out valuations for capital accounting purposes, which are to be included in the City Corporation's Annual Report and Financial Statements as of 31 March 2023, and conducted annually. The total contract value is estimated at £300,000 for a duration of 5 years, with the tender submission deadline set for 12:00 PM on 17 September 2024.

This tender offers significant opportunities for businesses specialising in building consultancy services and property management. Companies with expertise in performing valuations and an understanding of CIPFA accounting standards will find this contract particularly suited to their capabilities. Given the importance of this contract for the City of London's annual financial processes, winning this tender could provide a stable and long-term partnership with local authorities, creating avenues for sustained business growth.

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Notice Information

Notice Title

City Fund Operational Valuations

Notice Description

The City are seeking to appoint a suitably qualified Professional Service Provider (PSP) to provide valuations for capital accounting purposes for incorporation in the City's accounts under CIPFA as at 31 March 2023 for inclusion in the City's Annual Report and Financial Statements and for internal management and accounting purposes. This work will then need to be carried out on an annual basis while the contract is in place.

Lot Information

Lot 1

Please see Tender Documents.

Renewal: This contract will be up for renewal after the 5 year contract term.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0491c7
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/026318-2024
Current Stage
Tender
All Stages
Tender

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
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

71 - Architectural, construction, engineering and inspection services

CPV Codes

70330000 - Property management services of real estate on a fee or contract basis

71315200 - Building consultancy services

Notice Value(s)

Tender Value
£300,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
19 Aug 20242 years ago
Submission Deadline
17 Sep 2024Expired
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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
City of London Corporation
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
EC2P 2EJ
Postcode Area
Central London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
TLI London
Local Authority
Islington
Electoral Ward
Clerkenwell
Westminster Constituency
Islington South and Finsbury

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.

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