Award

GMCA 1792 Good Growth Fund - Red Book Valuations X5

GREATER MANCHESTER COMBINED AUTHORITY

This public procurement record has 1 release in its history.

Award

02 Apr 2026 at 13:56

Summary of the contracting process

The public procurement process initiated by the Greater Manchester Combined Authority, identified as GMCA 1792, focused on obtaining Red Book Valuations for the Good Growth Fund. This tender falls under the services category and involves evaluation consultancy services. The procurement, marked as complete, was conducted directly without competition due to an exemption for urgency and value for money after an unsuccessful tendering exercise. Located in Manchester, the procurement involved a direct award to two suppliers. The contract period started on 28th February 2026 and is set to conclude on 27th August 2026, with the contract signed on 25th February 2026.

This procurement process offers significant prospects for businesses engaged in property evaluation or consultancy services, as it entails providing expert valuations for significant developments. Companies equipped with knowledge of market value assessments and those capable of delivering comprehensive Red Book Valuations are well-suited to pursue such contracts. As evidenced by the awards to Knight Frank LLP and Savills (UK) Limited, larger consultancy firms with a strong track record in similar projects are particularly positioned to benefit and grow their portfolio through engagements like this within the UK public sector. The direct procurement method without competition highlights an opportunity for pre-qualified vendors to secure contracts efficiently when conventional tendering proves unviable.

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Notice Title

GMCA 1792 Good Growth Fund - Red Book Valuations X5

Notice Description

GMCA required 5x Red Book Valuations across 5 developments. The Red Book Valuations are based on the following assumptions: Market Value at current state; Market Value once developed and assuming vacant possession; Market Value once the scheme is complete and occupied, and Market Rent once the scheme is complete. GMCA will require: Full RBV for Phase 1, Indicative Value of future phases. Route to Market: Exemption (urgent and value for money) because a tender exercise was unsuccessful. 2x suppliers award.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-067c04
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/031003-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79419000 - Evaluation consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£94,500 Under £100K

Notice Dates

Publication Date
2 Apr 2026Yesterday
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
25 Feb 20261 months ago
Contract Period
28 Feb 2026 - 27 Aug 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
GREATER MANCHESTER COMBINED AUTHORITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MANCHESTER
Postcode
M1 6EU
Post Town
Manchester
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD33 Manchester
Delivery Location
Not specified

Local Authority
Manchester
Electoral Ward
Deansgate
Westminster Constituency
Manchester Central

Supplier Information

Number of Suppliers
2
Supplier Names

KNIGHT FRANK

SAVILLS (UK

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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