---
title: "Request for Quotation for This Land Development LTD Property Portfolio Valuation"
ocid: "ocds-b5fd17-2db5c0c0-a83f-4388-bab0-cf830645a7f6"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-2db5c0c0-a83f-4388-bab0-cf830645a7f6"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-2db5c0c0-a83f-4388-bab0-cf830645a7f6.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-2db5c0c0-a83f-4388-bab0-cf830645a7f6.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "CAMBRIDGESHIRE COUNTY COUNCIL"
published: "2024-08-29"
---

# Request for Quotation for This Land Development LTD Property Portfolio Valuation

Buyer: CAMBRIDGESHIRE COUNTY COUNCIL  
Current stage: Tender  
OCID: ocds-b5fd17-2db5c0c0-a83f-4388-bab0-cf830645a7f6

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## Summary

Cambridgeshire County Council has awarded a contract to Savills (UK) Ltd for the valuation of a property portfolio owned by This Land Development Ltd, an arm's length development company wholly owned by the council. The contract, which falls under the real estate services industry category, covers 13 residential development sites primarily located in Cambridgeshire, with additional sites in Hertfordshire, Essex, and Suffolk. Key dates in this procurement included the tender period ending on 16th September 2024 and the contract running from 2nd October 2024 to 1st October 2026 with a possibility of extension. The total value of the contract award is £99,000, with initial valuations required within six weeks of appointment, no later than 13th November 2024.

This tender presents significant opportunities for businesses that specialise in property valuation, particularly those adept at handling residential developments. The contract's demand for RICS Red Book valuations and associated advice makes it well-suited for firms with expertise in detailed property analysis and long-term portfolio management. Small and medium-sized enterprises (SMEs) can leverage this project to showcase their competence in delivering high-quality valuation services and potentially secure further contracts with public sector organisations.

## Notice

Cambridgeshire County Council (CCC) acting in its role as a lender, invites quotations for the provision of RICS Red Book valuations and associated advice for a portfolio of 13 predominantly residential development sites mainly located in Cambridgeshire (one in Hertfordshire). The sites are owned by This Land Development Ltd (TL) an arm's length development company, wholly owned by CCC. There are a further 5 assets (in Essex and one in Suffolk) where TL has a contractual arrangement in place to promote the sites through the planning process and consideration of the value to the company of these contracts is required. Initial valuations are required within a 6 week period from appointment (no later than the 13th November 2024), with the contract remaining open for two years with possible extension.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/b1e4b09c-0fce-45f6-b5b8-240380cbf7a5 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (below threshold) |
| Tender suitability | SME |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 29 Aug 2024 |
| Submission deadline | 16 Sep 2024 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 1 Oct 2024 - 1 Oct 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £70,000 |
| 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 | CAMBRIDGESHIRE COUNTY COUNCIL |
| Locality | HUNTINGDON |
| Post town | Peterborough |
| Postcode | PE28 4YE |
| Country | England |
| ITL 1 | TLH East (England) |
| ITL 2 | TLH4 Cambridgeshire and Peterborough |
| ITL 3 | TLH42 Cambridgeshire CC |
| Local authority | Huntingdonshire |
| Electoral ward | The Stukeleys |
| Westminster constituency | Huntingdon |
| Delivery location | Not specified |

## CPV Codes

### Divisions

- 70 - Real estate services

### Codes

- 70000000 - Real estate services
- 70331000 - Residential property services

## Release History

- 29 Aug 2024 at 14:12 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/b1e4b09c-0fce-45f6-b5b8-240380cbf7a5

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/b1e4b09c-0fce-45f6-b5b8-240380cbf7a5
  29th August 2024 - Opportunity notice on Contracts Finder
- https://procontract.due-north.com/Procurer/Advert/View?advertId=22dcaa55-c753-ef11-812e-005056b64545&fromAdvertEvent=True
  Link to advert

## Notice URLs

- https://www.cambridgeshire.gov.uk/

## 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-b5fd17-2db5c0c0-a83f-4388-bab0-cf830645a7f6. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-2db5c0c0-a83f-4388-bab0-cf830645a7f6.json.