RFP QuestBeta
Awarded · ResultStage · contract

Derby City Council

TD1244 - Commercial & Residential Asset Valuations

Real EstateCPV 70000000
Value£500k
Awarded3 Aug 2017
Published6 Oct 2017
RegionEast Midlands
Outcome — awarded

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

Contract value in context
£500ktotal contract value
median £100k
this tender£0£4.3m

This is a large award for Real Estate Services — above three-quarters of comparable contracts. Based on 3,366 valued Real Estate Services tenders in our corpus.

The brief

Derby City Council (The Council) is running a further competition exercise under the Eastern Shires Purchasing Organisation (ESPO) Framework, 2700 Estate Management Consultancy Services Lot 1a-Fixed Asset Valuation.

The Council require Asset Valuations to be undertaken for both the Commercial and the Residential Portfolios.

The core of the Council's Asset Valuation Programme consists of a 5 year rolling programme, whereby approximately 20% of the stock is valued each year.

In addition, annual valuations are to be undertaken for all the housing stock, investment, surplus properties and properties held for sale (IFRS 13).

Further valuations are also undertaken on properties whereby substantial capital expenditure has been incurred during the financial year.

The initial contract period is for three years;There will be an option to extend the contract for 2 years in 1 year increments, subject to satisfactory performance and business needs.

The gates

What this notice demands of you

1 named, none in explicit obligation language. Each one is quoted from the notice.

ESPO / YPO / NEPOFrameworks & routes to market
Derby City Council (The Council) is running a further competition exercise under the Eastern Shires Purchasing Organisation (ESPO) Framework, 2700 Estate Management Consultancy Services Lot 1a-Fixed Asset Valuation.

Matched against the notice text, so this is a floor — the tender pack will demand things the notice never mentions. “Says must” means the quoted sentence itself used obligation language; anything ambiguous is left as a mention.

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Source & provenance
OCID
ac15df73-3652-45d2-8549-38c8b8847adf
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
TD1244
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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