---
title: "P1258 - Framework Agreement for Right to Buy Valuation and Housing Stock Valuation Service - AWARD"
ocid: "ocds-b5fd17-7a97540a-86f0-45cc-9a2a-be8b3b51ecd5"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-7a97540a-86f0-45cc-9a2a-be8b3b51ecd5"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-7a97540a-86f0-45cc-9a2a-be8b3b51ecd5.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-7a97540a-86f0-45cc-9a2a-be8b3b51ecd5.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BIRMINGHAM CITY COUNCIL"
published: "2024-09-09"
---

# P1258 - Framework Agreement for Right to Buy Valuation and Housing Stock Valuation Service - AWARD

Buyer: BIRMINGHAM CITY COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-7a97540a-86f0-45cc-9a2a-be8b3b51ecd5

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## Summary

Birmingham City Council has concluded a procurement process to establish a Framework Agreement for Right to Buy Valuation and Housing Stock Valuation Services, classified under real estate services (CPV 70100000). The award phase has been completed with Sure Property Group Limited selected as the supplier. The contract period runs from 1st April 2024 to 31st March 2028. This agreement covers valuation services for council-owned residential properties, including building insurance valuations and housing stock asset valuations for financial reporting, as required under the Housing Act 1985 and subsequent amendments. Orders will be placed on a call-off basis throughout the four-year agreement period.

This framework agreement presents substantial business growth opportunities for valuation service providers, particularly SMEs. The contract with Birmingham City Council ensures steady demand for valuation services, offering a predictable revenue stream over four years. This opportunity is especially suited for businesses specialising in real estate valuation, financial reporting, and compliance with public sector regulations. Engaging in such long-term contracts can enhance a company's portfolio and provide a stable business environment conducive to growth and development.

## 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

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/1cfa08f9-ba1f-4ba1-819f-df788fa8c97b |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Not specified |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 9 Sep 2024 |
| Submission deadline | 23 Feb 2024 |
| Future notice date | Not specified |
| Award date | 26 Mar 2024 |
| Contract period | 31 Mar 2024 - 31 Mar 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £2,000,000 |
| 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 | 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) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | SURE PROPERTY GROUP |

## CPV Codes

### Divisions

- 70 - Real estate services

### Codes

- 70100000 - Real estate services with own property

## Release History

- 9 Sep 2024 at 10:03 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/1cfa08f9-ba1f-4ba1-819f-df788fa8c97b

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/1cfa08f9-ba1f-4ba1-819f-df788fa8c97b
  9th September 2024 - Awarded contract notice on Contracts Finder

## Notice URLs

- https://in-tendhost.co.uk/birminghamcc
- https://in-tendhost.co.uk/birminghamcc/

## Provenance

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