---
title: "City Fund Operational Valuations"
ocid: "ocds-b5fd17-707667cc-ed7b-4e96-b126-472aa401955b"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-707667cc-ed7b-4e96-b126-472aa401955b"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-707667cc-ed7b-4e96-b126-472aa401955b.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-707667cc-ed7b-4e96-b126-472aa401955b.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "CITY OF LONDON CORPORATION"
published: "2024-08-19"
---

# City Fund Operational Valuations

Buyer: CITY OF LONDON CORPORATION  
Current stage: Tender  
OCID: ocds-b5fd17-707667cc-ed7b-4e96-b126-472aa401955b

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## Summary

The City of London Corporation is initiating an open procurement process for "City Fund Operational Valuations" within the property management services sector. This tender, under the CPV code 70330000, aims to appoint a qualified Professional Service Provider to perform valuations for capital accounting purposes to be included in the City's financial statements from March 2023 onwards. The services will cover various locations across London, UK, with key deadlines including a tender closure on 17th September 2024 and a contract period spanning from 4th November 2024 to 5th November 2029.

This procurement presents a significant growth opportunity for businesses specialised in property management services. With a contract value of £300,000, the tender is particularly suited for SMEs and Voluntary, Community, and Social Enterprises (VCSEs) that can provide expert valuations. Participants will benefit from long-term engagement with the City of London Corporation, enhancing their portfolio and establishing a reputable partnership in the property management industry.

## Notice

The Authority are seeking to appoint a suitably qualified Professional Service Provider (PSP) to provide valuations for capital accounting purposes for incorporation in the City's accounts under CIPFA as at 31 March 2023 for inclusion in the City's Annual Report and Financial Statements and for internal management and accounting purposes. This work will then need to be carried out on an annual basis while the contract is in place. Additional information: https://www.find-tender.service.gov.uk/Notice/026318-2024?

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/56a3a235-0b6e-471e-9cac-3041981dde1e |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (above threshold) |
| Tender suitability | SME, VCSE |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 19 Aug 2024 |
| Submission deadline | 17 Sep 2024 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 4 Nov 2024 - 5 Nov 2029 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £300,000 |
| 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 | CITY OF LONDON CORPORATION |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC2P 2EJ |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI43 Haringey and Islington |
| Local authority | Islington |
| Electoral ward | Clerkenwell |
| Westminster constituency | Islington South and Finsbury |
| Delivery location | TLI London |

## CPV Codes

### Divisions

- 70 - Real estate services

### Codes

- 70330000 - Property management services of real estate on a fee or contract basis

## Release History

- 19 Aug 2024 at 13:35 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/56a3a235-0b6e-471e-9cac-3041981dde1e

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/56a3a235-0b6e-471e-9cac-3041981dde1e
  19th August 2024 - Opportunity notice on Contracts Finder
- https://www.capitalesourcing.com
  Link to eSourcing Portal

## Notice URLs

- https://www.find-tender.service.gov.uk/Notice/026318-2024

## 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-b5fd17-707667cc-ed7b-4e96-b126-472aa401955b. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-707667cc-ed7b-4e96-b126-472aa401955b.json.