Closed tender

IDA Business and Technology Parks - Land Valuations Contract

Details

Topic
Real estate services
Published
5 March 2024
Submission
19 March 2024

Tender description

IDA currently obtains field valuations annually from two appointed Valuers for a selected 30 IDA Business Park. Valuations are to be based on Open Market Value (OMV) as defined in the latest edition of the Red Book — the RICS Valuation, Global Standards. However, other equivalent standards for valuation will also be acceptable for the term of the Agreements. Initially, each Valuer will undertake an identical schedule of 30 field-based valuations and the price of land per hectare will be calculated based on the mean value. Thereafter at each valuation point at 6-month intervals, a selection of 9 sites will be selected by IDA for field valuation with the remainder for desk valuation throughout the life of the contract.

Timeline

  1. Completed: Tender published5 March 2024
    Current notice
  2. Completed: Submission date19 March 2024

About the buyer

IDA Ireland is the state's foreign direct investment agency, one of the agencies and non-departmental public bodies under the Department of Enterprise, Trade and Employment. Irish and EU procurement rules apply, and IDA Ireland is classified as a body governed by public law. Recent tenders have included a multi-party framework for economic consultancy services. Facilities management, catering services and training-grant assessment and claims-validation work have also gone out to competition.

Over the past 5 years, most of IDA Ireland's contract awards have been in construction work, architectural and engineering services and business services.

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