Award

Valuation Services - Urban Portfilio

CROWN ESTATE SCOTLAND

This public procurement record has 2 releases in its history.

Summary of the contracting process

The procurement process involves the buying organisation, Crown Estate Scotland, seeking consultancy services for annual valuation of its Urban Portfolio. The title of the tender is "Valuation Services - Urban Portfolio" and falls under the property industry category. The location of the work will be various sites across Scotland, with the tender currently at the Award stage. The contract, awarded to Jones Lang Lasalle Limited, has a value of £15,300, with a signing date of 17 November 2020. For future opportunities, this contract may also extend for two additional years, subject to performance.

This tender presents significant opportunities for businesses specialising in property valuation, especially those with RICS qualified valuers. Small and medium enterprises (SMEs) would be particularly well-placed to compete, given that they constituted all bids received in this instance. Engaging in such public procurement contracts can enhance business visibility and stability, driving growth through established relationships with a public corporation like Crown Estate Scotland.

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Notice Title

Valuation Services - Urban Portfilio

Notice Description

Consultancy Services to deliver annual valuation services for Urban Portfolio of Crown Estate Scotland

Lot Information

Lot 1

Crown Estate Scotland is seeking to appoint a RICS qualified valuer to undertake the annual Independent Valuation of the Crown Estate Scotland Urban Portfolio. The initial appointment will be for the FY2020/21 valuation, with the option to extend by up to two more years, one year at a time. Urban Portfolio comprises 39-41 George Street, Edinburgh. The asset comprises a ground and basement retail unit and four floors of office suites within a listed building at the eastern end of a prime Edinburgh location, including basement car parking and cycle storage, lifts and on-street entrance lobby with concierge facility.

Options: option to extend by up to two more years, one year at a time.

Renewal: option to extend by up to two more years, one year at a time.

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000629772
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV400453
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
PCS Notice - Website Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services


CPV Codes

71250000 - Architectural, engineering and surveying services

71251000 - Architectural and building-surveying services

71355000 - Surveying services

Notice Value(s)

Tender Value
£16,000 Under £100K
Lots Value
£16,000 Under £100K
Awards Value
Not specified
Contracts Value
£15,300 Under £100K

Notice Dates

Publication Date
25 Nov 20205 years ago
Submission Deadline
2 Oct 2020Expired
Future Notice Date
Not specified
Award Date
17 Nov 20205 years ago
Contract Period
Not specified - Not specified
Recurrence
Depending on annual renewals being exercised further procurements would be undertaken in either 12, 24, or 36 months.

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
CROWN ESTATE SCOTLAND
Contact Name
Procurement Manager
Contact Email
maurice.mcteague@crownestatescotland.com
Contact Phone
+44 1314607657

Buyer Location

Locality
EDINBURGH
Postcode
EH4 3BJ
Post Town
Edinburgh
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM1 East Central Scotland
Small Region (ITL 3)
TLM13 City of Edinburgh
Delivery Location
TLM Scotland

Local Authority
City of Edinburgh
Electoral Ward
Inverleith
Westminster Constituency
Edinburgh West

Supplier Information

Number of Suppliers
1
Supplier Name

JONES LANG LASALLE

Further Information

Notice Documents

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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