--- title: "WSCC DR - Provision of Pension Fund Independent Property Valuation Services" ocid: "ocds-b5fd17-f9ecd7b9-e0ef-42a9-a0d0-4db873e6e619" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-f9ecd7b9-e0ef-42a9-a0d0-4db873e6e619" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-f9ecd7b9-e0ef-42a9-a0d0-4db873e6e619.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-f9ecd7b9-e0ef-42a9-a0d0-4db873e6e619.json" source: "Contracts Finder" current_stage: "Tender" buyer: "WEST SUSSEX COUNTY COUNCIL (CAP)" published: "2021-05-10" --- # WSCC DR - Provision of Pension Fund Independent Property Valuation Services Buyer: WEST SUSSEX COUNTY COUNCIL (CAP) Current stage: Tender OCID: ocds-b5fd17-f9ecd7b9-e0ef-42a9-a0d0-4db873e6e619 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-f9ecd7b9-e0ef-42a9-a0d0-4db873e6e619) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-f9ecd7b9-e0ef-42a9-a0d0-4db873e6e619.json) ## Summary The West Sussex County Council (CAP) is currently conducting an open tender for the "Provision of Pension Fund Independent Property Valuation Services," valued at approximately £162,000. This procurement falls within the services category, particularly focusing on accounting, auditing, and fiscal services, with a specific emphasis on property valuations. The tender was published on 10th May 2021, and interested parties must submit their bids by 11th June 2021. The contract period will commence on 1st October 2021 and run until 30th September 2024, with delivery addresses located in the South East of the United Kingdom, predominantly within West Sussex. This tender presents a valuable opportunity for businesses specialising in property valuation services, including small and medium-sized enterprises (SMEs) in the region. Companies with expertise in independent property assessment and valuation will find this contract particularly suited to their capabilities, given the substantial valuation of the managed property portfolio, which amounts to £366.1 million. Participating in this procurement could enhance business growth and visibility within the local market, especially for those firms that are well-versed in engaging with public sector contracts and delivering high-quality valuation services. ## Notice This Request for Quotation (RFQ) is issued by WSCC to seek and identify suitably qualified and interested organisations for the provision of Pension Fund Independent Property Valuation Services (the Services). The West Sussex Pension Fund was valued PS4.1 billion at 31 March 2020. Fund membership comprises 28,851 contributors, 21,603 pensioners and 29,094 deferred pensioners. The fund was 112% funded at the 2019 actuarial valuation. The fund is split into three areas: * Balanced Portfolios (Equities and Bonds) * Private Equity * Property The contract being tendered is for the provision of independent property valuation services for the UK portfolio presently managed by Aberdeen Standard, valued at approximately PS366.1 million. The are 30 direct properties currently within the portfolio. The fund does not have any investment in independent property units / funds. Additional information: Please see the enclosed tender pack at the following URL: https://in-tendhost.co.uk/sesharedservices/aspx/Login Is a Recurrent Procurement Type? : No ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/c9e5637f-1794-49e6-8a32-fc55a3eb48a9 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (below threshold) | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 10 May 2021 | | Submission deadline | 11 Jun 2021 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 1 Oct 2021 - 30 Sep 2024 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £162,000 | | 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 | WEST SUSSEX COUNTY COUNCIL (CAP) | | Locality | WEST SUSSEX | | Post town | Portsmouth | | Postcode | PO19 1RQ | | Country | England | | ITL 1 | TLJ South East (England) | | ITL 2 | TLJ2 Surrey, East and West Sussex | | ITL 3 | TLJ27 West Sussex (South West) | | Local authority | Chichester | | Electoral ward | Chichester Central | | Westminster constituency | Chichester | | Delivery location | TLJ South East (England) | ## CPV Codes ### Divisions - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 79200000 - Accounting, auditing and fiscal services ## Release History - 10 May 2021 at 08:10 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/c9e5637f-1794-49e6-8a32-fc55a3eb48a9 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/c9e5637f-1794-49e6-8a32-fc55a3eb48a9 10th May 2021 - Opportunity notice on Contracts Finder ## Notice URLs - https://in-tendhost.co.uk/sesharedservices/aspx/Login ## 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-f9ecd7b9-e0ef-42a9-a0d0-4db873e6e619. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-f9ecd7b9-e0ef-42a9-a0d0-4db873e6e619.json.