--- title: "Framework Agreement for Right to Buy Valuation and Housing Stock Valuation Service" ocid: "ocds-h6vhtk-042f1a" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-042f1a" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-042f1a.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-042f1a.json" source: "Find A Tender Service" current_stage: "Award" buyer: "BIRMINGHAM CITY COUNCIL" published: "2024-09-09" --- # Framework Agreement for Right to Buy Valuation and Housing Stock Valuation Service Buyer: BIRMINGHAM CITY COUNCIL Current stage: Award OCID: ocds-h6vhtk-042f1a [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-042f1a) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-042f1a.json) ## Summary Birmingham City Council has completed the procurement process for a Framework Agreement for Right to Buy Valuation and Housing Stock Valuation Service within the real estate services sector. The contract, awarded to Sure Surveyors Limited, encompasses services to be provided across Birmingham's corporate property and housing estates. Key milestones include the start of the framework on 1st April 2024 and the contract’s term lasting until 31st March 2028. The procurement used an open procedure and was finalised on 27th June 2024, with the contract valued at £2,000,000. The scheme falls under the CPV classification 70100000 and aims to deliver professional valuation services mandated by the Housing Act 1985, including building insurance valuations and housing stock asset valuations for financial reporting purposes. This framework presents significant business growth opportunities for companies specialising in real estate and property valuation services. Firms qualified to deliver professional property valuations, building insurance valuations, and general financial valuation advice will find this tender particularly suitable. Specifically, small and medium enterprises (SMEs) with expertise in these areas have a competitive edge, as indicated by the six SMEs that participated in the procurement process. This contract allows the successful supplier to demonstrate their valuation capabilities on a prominent platform, potentially leading to further contracts with other public sector bodies. ## Notice Birmingham City Council wishes to appoint suitably qualified service provider to provide professional valuation services across its corporate property and housing estates for Right to Buy valuations, building insurance 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. ### Lot Information Lot 1 Birmingham City Council wishes to appoint suitably qualified service provider to provide professional valuation services across its corporate property and housing estates for Right to Buy valuations, building insurance 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. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/028728-2024 | | Notice type | Tender Notice | | Procurement type | Framework | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | Not specified | | Awardee scale | SME | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 9 Sep 2024 | | Submission deadline | 23 Feb 2024 | | Future notice date | Not specified | | Award date | 26 Jun 2024 | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £2,000,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | £2,000,000 | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Cancelled | | Awards status | Active | | Contracts status | Active | ## Buyer | Field | Value | | --- | --- | | Main buyer | BIRMINGHAM CITY COUNCIL | | Locality | BIRMINGHAM | | 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 | TLG31 Birmingham | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | SURE SURVEYORS | ## CPV Codes ### Divisions - 66 - Financial and insurance services - 70 - Real estate services - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 66515200 - Property insurance services - 70100000 - Real estate services with own property - 70300000 - Real estate agency services on a fee or contract basis - 70330000 - Property management services of real estate on a fee or contract basis - 70331000 - Residential property services - 79419000 - Evaluation consultancy services ## Release History - 9 Sep 2024 at 09:30 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/028728-2024 - 23 Jan 2024 at 09:49 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/002179-2024 ## Notice URLs - http://www.finditinbirmingham.com - http://www.in-tendhost.co.uk/birminghamcc - https://in-tendhost.co.uk/birminghamcc - https://in-tendhost.co.uk/birminghamcc/ ## 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-h6vhtk-042f1a. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-042f1a.json.