--- title: "BPSQ 065 - Housing Stock Asset Valuation 2022-2024" ocid: "ocds-b5fd17-2fcb3434-fcbb-4dc7-bb58-d0f78c94d685" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-2fcb3434-fcbb-4dc7-bb58-d0f78c94d685" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-2fcb3434-fcbb-4dc7-bb58-d0f78c94d685.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-2fcb3434-fcbb-4dc7-bb58-d0f78c94d685.json" source: "Contracts Finder" current_stage: "Tender" buyer: "BIRMINGHAM CITY COUNCIL" published: "2022-11-23" --- # BPSQ 065 - Housing Stock Asset Valuation 2022-2024 Buyer: BIRMINGHAM CITY COUNCIL Current stage: Tender OCID: ocds-b5fd17-2fcb3434-fcbb-4dc7-bb58-d0f78c94d685 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-2fcb3434-fcbb-4dc7-bb58-d0f78c94d685) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-2fcb3434-fcbb-4dc7-bb58-d0f78c94d685.json) ## Summary The Birmingham City Council has issued a tender titled "BPSQ 065 - Housing Stock Asset Valuation 2022-2024" for the provision of Housing Stock Asset Valuations. The contract is set to last for 2 years starting from January 9, 2023, to January 8, 2025. The supplier is required to conduct valuations of residential properties and garages owned by the Council for financial reporting purposes, in accordance with the Chartered Institute of Public Finance and Accounting (CIPFA) guidelines. The deadline for submitting tenders is December 7, 2022, with the contract period starting on January 12, 2023. This procurement opportunity by the Birmingham City Council presents a chance for firms specializing in evaluation consultancy services, financial management, and auditing to bid for the contract. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise organisations (VCSEs) are encouraged to participate. The Council will use its e-tendering system for this process, and interested suppliers must register to express interest. Businesses involved in asset valuation and financial consultancy services are well-suited to compete for this tender and contribute to the Council's financial reporting requirements. ## Notice The Council requires a supplier for the provision of Housing Stock Asset Valuations 2022-2024.This contract will be for a period of 2 years commencing 9th January 2023 and expiring 8th January 2025. The Council requires a supplier for the provision of its Housing Stock Asset Valuations for financial reporting purposes for a 2-year programme commencing for the fiscal year 2022/23. 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 19th February 2023 and each subsequent 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. Requirements/Specification The supplier is required to provide a valuation of the city owned residential properties with photos and comparable evidence each year of the contract for inclusion in the authority's balance sheet in accordance with the Chartered Institute of Public Finance and Accounting (CIPFA) Code of Practice and as detailed within Appendix 1. o The Council requires the Housing stock to be valued on the following basis: o Traditional /main housing stock (Freehold and Leasehold)- Beacon approach o Independent Garages - Investment Valuations o High Rise Residential blocks of flats / Housing of non-traditional construction (Defective buildings) - Discounted Cash Flow (DCF) requiring updating existing spreadsheet. To enable to the Council to achieve its objectives, the successful supplier(s) will be required to fulfil the following, o Inspection and valuation for the year's asset valuation programme. o Inspection and valuation of additional list of the year's assets o Revision of valuations queried as part of the Quality Assurance process o There are to be 2 weekly meetings with BCC to monitor progress and receive feedback and queries o Provide final agreed valuations in the excel spreadsheet provided by BCC o Respond and resolve any external audit enquiry N.B: The above is an outline specification, and a more detailed specification is provided in Appendix 1. 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 w... Additional information: Is a Recurrent Procurement Type? : No ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/73e286c7-1ca8-4f00-a255-e57c60088957 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Not Specified | | Procurement method details | Other - | | Tender suitability | SME, VCSE | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 23 Nov 2022 | | Submission deadline | 7 Dec 2022 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 12 Jan 2023 - 10 Jan 2025 | | 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 7DJ | | 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 - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 66171000 - Financial consultancy services - 79212100 - Financial auditing services - 79412000 - Financial management consultancy services - 79419000 - Evaluation consultancy services ## Release History - 23 Nov 2022 at 10:37 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/73e286c7-1ca8-4f00-a255-e57c60088957 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/73e286c7-1ca8-4f00-a255-e57c60088957 23rd November 2022 - 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/ ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. 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