---
title: "GMCA 1792 Good Growth Fund - Red Book Valuations X5"
ocid: "ocds-h6vhtk-067c04"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-067c04"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-067c04.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-067c04.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "GREATER MANCHESTER COMBINED AUTHORITY"
published: "2026-04-02"
---

# GMCA 1792 Good Growth Fund - Red Book Valuations X5

Buyer: GREATER MANCHESTER COMBINED AUTHORITY  
Current stage: Award  
OCID: ocds-h6vhtk-067c04

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-067c04.json)

## Summary

The public procurement process initiated by the Greater Manchester Combined Authority, identified as GMCA 1792, focused on obtaining Red Book Valuations for the Good Growth Fund. This tender falls under the services category and involves evaluation consultancy services. The procurement, marked as complete, was conducted directly without competition due to an exemption for urgency and value for money after an unsuccessful tendering exercise. Located in Manchester, the procurement involved a direct award to two suppliers. The contract period started on 28th February 2026 and is set to conclude on 27th August 2026, with the contract signed on 25th February 2026.

This procurement process offers significant prospects for businesses engaged in property evaluation or consultancy services, as it entails providing expert valuations for significant developments. Companies equipped with knowledge of market value assessments and those capable of delivering comprehensive Red Book Valuations are well-suited to pursue such contracts. As evidenced by the awards to Knight Frank LLP and Savills (UK) Limited, larger consultancy firms with a strong track record in similar projects are particularly positioned to benefit and grow their portfolio through engagements like this within the UK public sector. The direct procurement method without competition highlights an opportunity for pre-qualified vendors to secure contracts efficiently when conventional tendering proves unviable.

## Notice

GMCA required 5x Red Book Valuations across 5 developments. The Red Book Valuations are based on the following assumptions: Market Value at current state; Market Value once developed and assuming vacant possession; Market Value once the scheme is complete and occupied, and Market Rent once the scheme is complete. GMCA will require: Full RBV for Phase 1, Indicative Value of future phases. Route to Market: Exemption (urgent and value for money) because a tender exercise was unsuccessful. 2x suppliers award.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/031003-2026 |
| Notice type | UK7 - Contract Details Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Below threshold - without competition |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 2 Apr 2026 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 25 Feb 2026 |
| Contract period | 28 Feb 2026 - 27 Aug 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £94,500 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | GREATER MANCHESTER COMBINED AUTHORITY |
| Locality | MANCHESTER |
| Post town | Manchester |
| Postcode | M1 6EU |
| Country | England |
| ITL 1 | TLD North West (England) |
| ITL 2 | TLD3 Greater Manchester |
| ITL 3 | TLD33 Manchester |
| Local authority | Manchester |
| Electoral ward | Deansgate |
| Westminster constituency | Manchester Central |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 2 |
| Supplier names | KNIGHT FRANK; SAVILLS (UK |

## CPV Codes

### Divisions

- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 79419000 - Evaluation consultancy services

## Release History

- 2 Apr 2026 at 13:56 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/031003-2026

## Documents

- https://www.find-tender.service.gov.uk/Notice/031003-2026
  2nd April 2026 - Contract details notice on Find a Tender

## Notice URLs

- http://knightfrank.com
- http://www.savills.com
- https://www.legislation.gov.uk/ukpga/2023/54/contents

## 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-067c04. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-067c04.json.