--- title: "Business Rates Forecasting" ocid: "ocds-b5fd17-ba4ab77c-8881-4808-9d42-6f99464633c4" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-ba4ab77c-8881-4808-9d42-6f99464633c4" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-ba4ab77c-8881-4808-9d42-6f99464633c4.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-ba4ab77c-8881-4808-9d42-6f99464633c4.json" source: "Contracts Finder" current_stage: "Tender" buyer: "SANDWELL METROPOLITAN BOROUGH COUNCIL" published: "2020-01-20" --- # Business Rates Forecasting Buyer: SANDWELL METROPOLITAN BOROUGH COUNCIL Current stage: Tender OCID: ocds-b5fd17-ba4ab77c-8881-4808-9d42-6f99464633c4 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-ba4ab77c-8881-4808-9d42-6f99464633c4) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-ba4ab77c-8881-4808-9d42-6f99464633c4.json) ## Summary The Sandwell Metropolitan Borough Council is currently conducting a tender process for "Business Rates Forecasting", aimed at addressing challenges related to the calculation and forecasting of business rates within their area. This procurement falls under the financial consultancy services sector and is taking place in the West Midlands, United Kingdom. The procurement method is open, allowing for widespread participation, and the tender period is set to close on 18th February 2020 at 12:00 noon. The contract will commence on 14th April 2020 and run for four years, concluding on 13th April 2024. This tender presents valuable opportunities for businesses specialising in financial consultancy services, particularly those with a focus on revenues forecasting and financial auditing. Companies that can provide services such as small business rates relief audits or are adept at identifying commercial properties would be particularly well-suited to compete for this contract. Engaging in this procurement process can help businesses expand their client base and establish long-term relationships with a local authority committed to effective business rates management. ## Notice Business Rates Forecasting Business Rates localisation presents a variety of challenges for local authorities in relation to the calculation and forecasting of the various elements of the business rates retention scheme. As an authority participating in the rates retention pilot scheme in Sandwell we currently retain 100% of the income generated through Business Rates. It is crucial that we are able to manage our rating list effectively, forecast changes which may affect net collectable debit and maximise growth through the early identification of commercial properties in the area. Rates avoidance is a serious concern especially in the current climate and it is important that efforts are made to validate reductions applied as much as possible. In Sandwell large numbers of hereditaments receive Small Business Rates Relief but this will no longer apply if a company/organisation has more than one business in the same name. Sandwell MBC therefore require a company who can provide: o Revenues Forecasting o RV Finder o Small Business Rates Relief Audit The contract duration is for 4 years from 14 April 2020 - 13 April 2024. The Council will be using the In-tend e-Tendering System for this Procurement exercise, please visit https://in-tendhost.co.uk/sandwellmbc to access the Sandwell MBC In-tend Supplier Portal. From here you will be able to register your company, express an interest in the opportunity, and gain immediate access to the ITT and other related documents. In Order To View the documents and Submit a Tender, you will be required to' Opt-In'. For a Step by Step user guide to the Sandwell MBC In-tend Supplier Portal please click on the 'Guidance for Suppliers' section of the website. All procurement responses must be carried out via the Sandwell MBC In-tend Supplier Portal. If you require further assistance in respect of the system please contact the In-tend support team on 0844 272 8810. Closing date: Tuesday 18 February 2020 at 12:00 noon. 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/b8cfa095-d875-4eed-bf98-2011e4f986c3 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (below threshold) | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 20 Jan 2020 | | Submission deadline | 18 Feb 2020 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 13 Apr 2020 - 13 Apr 2024 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £153,000 | | 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 | SANDWELL METROPOLITAN BOROUGH COUNCIL | | Locality | WEST MIDLANDS | | Post town | Birmingham | | Postcode | B69 3DB | | Country | England | | ITL 1 | TLG West Midlands (England) | | ITL 2 | TLG3 West Midlands | | ITL 3 | TLG37 Sandwell | | Local authority | Sandwell | | Electoral ward | Oldbury | | Westminster constituency | West Bromwich | | 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 - 79212500 - Accounting review services - 79412000 - Financial management consultancy services ## Release History - 20 Jan 2020 at 15:54 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/b8cfa095-d875-4eed-bf98-2011e4f986c3 - 20 Jan 2020 at 15:51 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/b8cfa095-d875-4eed-bf98-2011e4f986c3 - 20 Jan 2020 at 15:50 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/b8cfa095-d875-4eed-bf98-2011e4f986c3 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/b8cfa095-d875-4eed-bf98-2011e4f986c3 20th January 2020 - Opportunity notice on Contracts Finder - https://in-tendhost.co.uk/sandwellmbc/aspx/ Additional information on how to apply for this contract ## Notice URLs - https://in-tendhost.co.uk/sandwellmbc ## 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-ba4ab77c-8881-4808-9d42-6f99464633c4. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-ba4ab77c-8881-4808-9d42-6f99464633c4.json.