Sandwell Metropolitan Borough Council
Business Rates Forecasting and RV Finder - AWARD
This is a contract result notice, not an open opportunity. Details from the official award data.
This sits in the upper-middle of the Financial & Insurance Services band — a substantial contract for the sector. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.
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 o Council Tax property finder The contract duration is for 4 years from 14 April 2024 - 13 April 2028.
The deadline for tender submissions is 27 November 2023 at 12:00 noon.
What the supplier must deliver
It is crucial that we are able
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.
Sandwell MBC therefore require a company who
Sandwell MBC therefore require a company who can provide:.
Derived from the notice text — always confirm against the original documents.
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- OCID
- 0e99a43d-a6e8-46ce-b026-6806b45cb98a
- Stage
- contract · Contract
- Source
- Contracts Finder
- Buyer ref
- IT-230-7479-SMBC 23071 - AWARD
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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