---
title: "Business Rate Revenue Forecasting and Income Maximisation Service"
ocid: "ocds-b5fd17-46965201-1261-40fd-af94-85b78e4bfee0"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-46965201-1261-40fd-af94-85b78e4bfee0"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-46965201-1261-40fd-af94-85b78e4bfee0.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-46965201-1261-40fd-af94-85b78e4bfee0.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "LONDON BOROUGH OF MERTON"
published: "2020-10-07"
---

# Business Rate Revenue Forecasting and Income Maximisation Service

Buyer: LONDON BOROUGH OF MERTON  
Current stage: Award  
OCID: ocds-b5fd17-46965201-1261-40fd-af94-85b78e4bfee0

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## Summary

The London Borough of Merton has completed a procurement process for the "Business Rate Revenue Forecasting and Income Maximisation Service," falling under the financial consultancy services category, with a tender period that ended on 26 June 2020. The awarded contract is valued at £45,000 and will run from 12 October 2020 until 11 October 2022. This service aims to provide the Council with analyses of outstanding business rates appeals to better understand future income risks related to rateable value reductions. The procurement method was classified as 'Other', and the contract is now awarded to Inform CPI Ltd.

This tender represents a significant opportunity for businesses specialising in financial consultancy and data analysis services, particularly those that focus on local government engagements. Companies capable of providing in-depth analyses and forecasting related to business rates will be positioned strongly in this sector, especially small to medium-sized enterprises (SMEs) looking to expand their public sector portfolios. This contract promotes business growth by requiring expertise in navigating complex financial data and projections that can greatly assist the Council in risk assessment and income maximisation.

## Notice

There is a requirement to complete the government returns which requires the Council to estimate the impact of outstanding rateable value appeals on its estimated income. The Council needs to understand and calculate its future income risk in terms of reductions in rateable values. The provider will analyse the outstanding business rates appeals data and provide the Council with a comprehensive review and report of potential changes to rateable values and loss of income for both retrospective and future changes. This should be available on a case by case basis and include the valuation category, financial year and individual property details, where appropriate.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/b169ffd4-58d0-49f8-ad0e-cf819c083e57 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 7 Oct 2020 |
| Submission deadline | 26 Jun 2020 |
| Future notice date | Not specified |
| Award date | 4 Oct 2020 |
| Contract period | 11 Oct 2020 - 11 Oct 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £45,000 |
| Lots value | Not specified |
| Awards value | £45,000 |
| 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 | LONDON BOROUGH OF MERTON |
| Locality | MORDEN |
| Post town | Sutton |
| Postcode | SM4 5DX |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI6 Outer London - South |
| ITL 3 | TLI63 Merton, Kingston upon Thames and Sutton |
| Local authority | Merton |
| Electoral ward | Merton Park |
| Westminster constituency | Wimbledon |
| Delivery location | TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | INFORM CPI |

## CPV Codes

### Divisions

- 66 - Financial and insurance services
- 72 - IT services: consulting, software development, Internet and support

### Codes

- 66171000 - Financial consultancy services
- 72316000 - Data analysis services

## Release History

- 7 Oct 2020 at 08:59 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/b169ffd4-58d0-49f8-ad0e-cf819c083e57

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/b169ffd4-58d0-49f8-ad0e-cf819c083e57
  7th October 2020 - Awarded contract notice on Contracts Finder

## Notice URLs

- http://www.merton.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-b5fd17-46965201-1261-40fd-af94-85b78e4bfee0. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-46965201-1261-40fd-af94-85b78e4bfee0.json.