Awarded contract

Chartered Surveyors - LB Bromley Statutory Property Asset Valuations

Details

Value
£398,640
Duration
5 years
Topic
Business and management consultancy and related services
Published
3 February 2023

Tender description

The London Borough of Bromley (the 'Council') is seeking to appoint a suitably qualified firm of Chartered Surveyors and Registered Valuers on a 5-year contract to undertake their statutory asset valuations for the financial years 2022 - 2027. This is required to ensure that the value of the property assets of the Council are properly represented in their financial accounts in accordance with relevant RICS, CIPFA and IFRS standards. The tender opportunity will be run through the London Tenders Procurement Portal and you will need to register your company with the portal as soon as possible (if you have not already done so) at www.londontenders.org to ensure that you are able to access and submit the relevant documents on line.

Timeline

  1. Completed: Award date1 October 2022
  2. Completed: Award published3 February 2023
    Current notice
  3. Next: Contract expiry date31 December 2027in 15 months

About the buyer

London Borough of Bromley buys as a local authority, with its own procurement team based at the Civic Centre. Contract opportunities are advertised through ProContract, accessed via the London Tenders Portal used by councils across London. Suppliers register free on the portal to receive notifications and access tender documents for advertised opportunities. Larger contracts also appear on Contracts Finder and Find a Tender, the national procurement portals. The council's contract procedure rules set out how procurement is carried out for different types of contract. Procurement decisions aim for value for money through competition between suppliers.

UK local government drives £140bn in annual procurement, led by social protection (£66.6bn) and education (£57.1bn).

Over the past 5 years, most of London Borough of Bromley's contract awards have been in construction work, software and information systems and health and social work.

Relevant CPV codes

  • 79400000 · Business and management consultancy and related services

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