---
title: "Awarded Contract for the Provision of Global Estate Asset Valuation Services - MENA"
ocid: "ocds-b5fd17-17232965-18cc-4d1b-abbd-abc5beb0c8fd"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-17232965-18cc-4d1b-abbd-abc5beb0c8fd"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-17232965-18cc-4d1b-abbd-abc5beb0c8fd.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-17232965-18cc-4d1b-abbd-abc5beb0c8fd.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE"
published: "2024-10-29"
---

# Awarded Contract for the Provision of Global Estate Asset Valuation Services - MENA

Buyer: FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE  
Current stage: Award  
OCID: ocds-b5fd17-17232965-18cc-4d1b-abbd-abc5beb0c8fd

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## Summary

The Foreign, Commonwealth and Development Office (FCDO) has awarded a contract for the provision of Global Estate Asset Valuation Services within the Middle East and North Africa (MENA) region. The contract pertains to building and facilities management services, specifically requiring valuations, inspection, and rent ceiling assessments of FCDO properties, including embassies, visa offices, and residential buildings. The awarded contract, with a value of £559,900, will be executed by Colliers International Property Consultants Limited and spans an initial five-year period starting from 9th October 2024, with an option for a two-year extension. The procurement was conducted through an open procedure.

This contract presents significant business opportunities, particularly for firms experienced in estate valuation and asset management. Small and medium-sized enterprises (SMEs) are well-positioned to compete for such opportunities, given the scope for ongoing advisory services required by the FCDO. Businesses capable of providing comprehensive valuation, inspection, and consulting services can leverage this contract to establish long-term partnerships and potentially expand their operations across a variety of international locations, including the British Overseas Territories and Europe.

## Notice

The Foreign, Commonwealth and Development Office (FCDO) has estate property around the world (including the United Kingdom) and operates in over 280 different locations. The estate comprises Embassies & High Commissions (anything from a stand-alone, freehold building on a secure compound, to a fitted-out leased office in a multi-occupied, high-rise building), visa offices, Residences for Heads of Post and residential buildings for diplomats. Additionally, there are individual "legacy" properties such as churches, cemeteries, etc. The FCDO has a financial reporting requirement (IFRS), supported by HM Treasury Government Financial Reporting Manual, to revalue the Estate's assets to ensure they are well managed, correctly recorded and accurately valued in the annual accounts. The Estates, Security and Network Directorate (ESND) of the FCDO, on behalf of the Secretary of State for Foreign, Commonwealth and Development Affairs, requires valuations, inspection and rent ceiling assessments of the FCDO Estate within the Middle East and North Africa (MENA) region and, other Government departments, if required. The scope of this contract includes valuation and inspection services of the FCDO Estate. The Successful Supplier is required to provide impairment valuations, rent ceiling assessments and ad-hoc consultancy services where requested. The Contract will be for an initial 5 year period with an option to extend for up to a further 2 years. Additional information: The requirement was procured via the Foreign, Commonwealth and Development Office's eprocurement portal: https://fcdo.bravosolution.co.uk. Suppliers, who were not previously registered on the portal, who were interested in being considered for this opportunity needed self-register on the site in order to participate - registration is free and instantaneous.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/2d26c51d-6023-4a33-a0e5-52425437feb4 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (above threshold) |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 29 Oct 2024 |
| Submission deadline | 27 Aug 2024 |
| Future notice date | Not specified |
| Award date | 10 Oct 2024 |
| Contract period | 8 Oct 2024 - 8 Oct 2029 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £559,900 |
| Lots value | Not specified |
| Awards value | £559,900 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1A 2AH |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | COLLIERS INTERNATIONAL PROPERTY CONSULTANTS |

## CPV Codes

### Divisions

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

### Codes

- 79993000 - Building and facilities management services

## Release History

- 29 Oct 2024 at 17:06 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/2d26c51d-6023-4a33-a0e5-52425437feb4
- 18 Jul 2024 at 15:15 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/7c1880b7-f4c2-4e50-b711-86c897f9bfe9
- 18 Jul 2024 at 10:26 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/7c1880b7-f4c2-4e50-b711-86c897f9bfe9

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/2d26c51d-6023-4a33-a0e5-52425437feb4
  29th October 2024 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/7c1880b7-f4c2-4e50-b711-86c897f9bfe9
  18th July 2024 - Opportunity notice on Contracts Finder
- https://fcdo.bravosolution.co.uk
  FCDO e-procurement portal

## Notice URLs

- http://www.gov.uk/fcdo/

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-17232965-18cc-4d1b-abbd-abc5beb0c8fd. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-17232965-18cc-4d1b-abbd-abc5beb0c8fd.json.