RFP QuestBeta
Awarded · ResultStage · contract

DUE NORTH LIMITED

R4841 Business Rates Retention- Rating Specialists for The London Borough of Tower Hamlets (LBTH)

Financial ServicesCPV 66000000 66100000 66170000 71000000 71600000 71620000 72000000 72200000 72220000 72240000 73000000 73200000 79000000 79200000 79210000 79212000 79400000 79410000 79411000 72300000 72310000 79900000
Value£1.0m
Awarded17 Aug 2015
Published11 Nov 2015
RegionLondon
Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

Contract value in context
£1.0mtotal contract value
median £150k
this tender£0£4.7m

This is a large award for Financial & Insurance Services — above three-quarters of comparable contracts. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

The brief

The London Borough of Tower Hamlets (LBTH) is seeking expressions of interest from interested organisations for the above services.Description:The London Borough of Tower Hamlets (LBTH) is looking for a service provider who possesses specialist knowledge and expertise in Rating services.

The provider will be expected to assist in the calculation and forecasting of business rate income.

This will enable LBTH to maximise the potential rateable value within the borough to ensure the accuracy of the rating list which in turn can benefit the council through increasing the opportunities available for rates retention income.The service must include the combined provision of technology and expert rating consultancy using information held by the authority and on the local rating list.

This should provide intelligence and information for the day to day administration of business rates within the borough including the provision of data for the relevant statutory returns including the NNDR1 and NNDR3 forms.Access will be granted through the Valuation Office Agency's BA TRANS portal for the collection of data specific to London Borough of Tower Hamlets.We are looking for a viable solution to help improve the quality and accuracy in forecasting the business rate income.

Supplier Briefing SessionThe Council intends on holding a supplier briefing session on:Date: Monday 27th July 2015,Time: 11am until 12.30pmPlace: Room 704 (7th Floor) at Tower Hamlets Mulberry Place Town Hall.The Purpose of this event is to inform the market of the Council's intent to re-tender this contract and the processes and requirements that will need to be followed and met to tender for this opportunity.Deadline for registration to attend the Supplier Briefing (via the portal):Wednesday 22nd July 2015 by 12 NoonTo book a place to attend the supplier briefing, please submit your registration for the event via following link on the London tenders Portal:https://www.londonte nders.org/procontract/supplier.nsf/frm_opportunity?openForm&contract_id=CONT RACT-9YFK-J2HBSJ&opp_id=OPP-HIS-9YFL-MBY93Y&search_id=&org_id=ORG-DN WB-7C9E7M&from=supplier_homeConfirmation of bookings will be sent via the London Tenders Portal after Wednesday 22nd July 2015.

Note that places are limited and to avoid disappointment, you will need to express an interest as soon as possible and Complete the information required on the Portal.

Each company will be allowed no more than 2 representatives to attend the event.If you are interested and would like to come along to learn more about our requirements then please register your interest through the portalhttps://www.londonte nders.org/procontract/supplier.nsf/frm_opportunity?openForm&contract_id=CONT RACT-9YFK-J2HBSJ&opp_id=OPP-HIS-9YFL-MBY93Y&search_id=&org_id=ORG-DN WB-7C9E7M&from=supplier_home The anticipated contract start date is: Sunday, 01 November 2015The estimated value of the contract is:£1,000,000 To...(cont)

Key requirements

What the supplier must deliver

01

The provider will be expected to assist

The provider will be expected to assist in the calculation and forecasting of business rate income.

Derived from the notice text — always confirm against the original documents.

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Source & provenance
OCID
3c40d93a-db2c-42c5-9c40-6b308526fa0d
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
9YFC-Z9JWSI-9YFM-743TUM
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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