PAN3408 - Fixed Asset Valuations

Description

THIS IS NOT A CALL FOR COMPETITION Leicester City Council (LCC) is undertaking a pre-market engagement exercise (PME) to gather information, ascertain the level of interest, develop an appropriate specification and determine the procurement approach the Authority may take to appoint a Supplier in the future for the annual valuation of LCC’s commercial property portfolio, excluding dwellings (dwelling valuations are provided under a separate contract). Currently, asset valuation for these fixed assets is carried out in house. Suppliers shall note that this Pre Market Engagement Exercise (PME) is not a call for competition and responding to this advert, does not constitute a formal tender or result in the letting of a Contract. This PME process is being utilised to gauge interest and options. The Authority welcomes the opportunity to engage with Suppliers and appreciates your assistance in providing us with your views. However, Suppliers shall note that the Authority will have to comply with its legal obligations in any ensuing procurement exercise and that neither the intention nor the purpose of this PME is to confer any commercial advantage upon its participants. Suppliers shall note that the estimated total value of the forthcoming procurement tender will be determined based on the outcomes of this PME exercise. Further information about this exercise can be found in the PME documentation. Submissions must be received by 12:00 noon on 22 August 2025 at the very latest via the EastMidsTenders portal: https://procontract.due-north.com/Advert?advertId=a48220a5-6f73-f011-813a-005056b64545. Late submissions and those received by any other means will not be accepted. Any queries/questions regarding this opportunity must be received via the ProContract portal only. To assist potential Suppliers, the link, https://supplierhelp.due-north.com/ provides helpful user guides on using the ProContract portal. Furthermore, Suppliers will be required to register on the Central Digital Platform (a Find a Tender service) in any future tendering exercise. To assist prospective Suppliers, Cabinet Office have published video guides with accompanying PDF user manuals which will help Suppliers understand and navigate the platform, including how to register, upload organisational information and search and bid for opportunities. Please click on the following link: https://www.gov.uk/government/collections/information-and-guidance-for-suppliers Keywords: Fixed Asset Valuations, Investment Valuations, Commercial property Valuations