--- title: "P1258 - Framework Agreement for Right to Buy Valuation and Housing Stock Valuation Service" ocid: "ocds-b5fd17-1c5f076c-7578-4bd9-80ca-70513900a072" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-1c5f076c-7578-4bd9-80ca-70513900a072" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-1c5f076c-7578-4bd9-80ca-70513900a072.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-1c5f076c-7578-4bd9-80ca-70513900a072.json" source: "Contracts Finder" current_stage: "Tender" buyer: "BIRMINGHAM CITY COUNCIL" published: "2024-01-26" --- # P1258 - Framework Agreement for Right to Buy Valuation and Housing Stock Valuation Service Buyer: BIRMINGHAM CITY COUNCIL Current stage: Tender OCID: ocds-b5fd17-1c5f076c-7578-4bd9-80ca-70513900a072 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-1c5f076c-7578-4bd9-80ca-70513900a072) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-1c5f076c-7578-4bd9-80ca-70513900a072.json) ## Summary The Birmingham City Council is initiating a tender for a Framework Agreement for Right to Buy Valuation and Housing Stock Valuation Service. The procurement process, conducted through an open procedure, aims to appoint a service provider to offer professional valuation services for residential properties and housing stock assets. Suppliers will need to provide valuations in accordance with regulatory requirements and financial reporting standards. The Framework Agreement will last for 4 years starting from April 1, 2024. The deadline for tender submissions is noon on February 23, 2024, using the council's e-tendering system. This tender presents an opportunity for service providers in real estate, property management, and valuation consultancy sectors to engage with Birmingham City Council and potentially secure a long-term contract. Businesses well-suited to compete are those with expertise in property valuation, experience in public sector contracting, and compliance with financial regulations. The Council's preference for SMEs indicates a favourable environment for smaller service providers seeking growth opportunities within the public procurement sector. ## Notice Birmingham City Council wishes to appoint suitably qualified service provider to provide professional valuation services across its Right to Buy valuations and housing stock asset valuations. Our objective is to deliver 'right to buy' valuations on Council owned residential properties as governed by the Housing Act 1985 and subsequent amendments. We are required to provide building insurance valuations and general valuation advice. We have an obligation to determine a valuation of the housing stock assets held by the council as identified in the asset register compiled annually. The Council also requires provision of its housing stock asset valuations for financial reporting purposes for each financial year . This will include a mixture of tenanted residential units of varying ages and character together with various garages. The supplier is required to determine a valuation of the Housing stock assets held by the Council as identified in the Asset Register compiled annually and valued as of 31 March annually for each year for inclusion in the authority's balance sheet in accordance with the Chartered Institute of Public Finance and Accounting (CIPFA) Code of Practice. The supplier will review and give assurance that the values at the end of each financial year (31st March) will be materially correct and if necessary, update any valuations, where the movement is material. Tenderers are to note that this contract will be undertaken on a call off basis with orders placed as and when required. The Framework Agreement will last for 4 years (unless terminated under agreement provisions) commencing 1st April 2024. The Framework Agreement will be awarded to one supplier. The Council will be using its free to use e-tendering system (in-tend) for the administration of this procurement process and potential suppliers must register with the system to be able to express an interest. If you wish to express an interest in this opportunity please click on the following link to access https://in-tendhost.co.uk/birminghamcc/ and submit your details to register. You will then be sent details on how to log on which will enable you to download all relevant Invitation to Tender (ITT) documentation. If you are unable to register with In-tend or have any questions or problems on how to use this web site please email us at etendering@birmingham.gov.uk Your completed tender submission should be returned by Noon on 23rd February 2024 via the 'in-tend' system https://in-tendhost.co.uk/birminghamcc Additional information: If you are interested in tendering please click on the following link to access Birmingham City Council's tender Portal. Delivery Notes Birmingham Is a Recurrent Procurement Type? : No ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/82d51fd1-53d3-40c9-b55b-8b71cdec3a39 | | Notice type | Tender Notice | | Procurement type | Framework | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (above threshold) | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 26 Jan 2024 | | Submission deadline | 23 Feb 2024 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 1 Apr 2024 - 31 Mar 2028 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | BIRMINGHAM CITY COUNCIL | | Locality | WEST MIDLANDS | | Post town | Birmingham | | Postcode | B4 7WB | | Country | England | | ITL 1 | TLG West Midlands (England) | | ITL 2 | TLG3 West Midlands | | ITL 3 | TLG31 Birmingham | | Local authority | Birmingham | | Electoral ward | Newtown | | Westminster constituency | Birmingham Ladywood | | Delivery location | TLG West Midlands (England) | ## CPV Codes ### Divisions - 66 - Financial and insurance services - 70 - Real estate services - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 66515200 - Property insurance services - 70100000 - Real estate services with own property - 70330000 - Property management services of real estate on a fee or contract basis - 70331000 - Residential property services - 79419000 - Evaluation consultancy services ## Release History - 26 Jan 2024 at 13:48 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/82d51fd1-53d3-40c9-b55b-8b71cdec3a39 - 23 Jan 2024 at 09:52 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/82d51fd1-53d3-40c9-b55b-8b71cdec3a39 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/82d51fd1-53d3-40c9-b55b-8b71cdec3a39 26th January 2024 - Opportunity notice on Contracts Finder - https://in-tendhost.co.uk/birminghamcc/aspx/ Additional information on how to apply for this contract ## Notice URLs - https://in-tendhost.co.uk/birminghamcc - https://in-tendhost.co.uk/birminghamcc/ ## 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-b5fd17-1c5f076c-7578-4bd9-80ca-70513900a072. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-1c5f076c-7578-4bd9-80ca-70513900a072.json.