Awarded contract

COV - Investment Valuations 2024-2026 - AWARD

Details

Supplier(s)
Azets [trading name of Azets Holdings Limited]
Duration
3 years
Topic
Financial consultancy services
Published
21 March 2024

Tender description

This contract is for valuation services related to the Council's company investments, which is an essential requirement of producing the Council's statutory accounts due to the value of the investments. The successful supplier(s) will be required to produce external valuation reports and provide valuation advice to verify the Council's internal assessments.

Timeline

  1. Completed: Award published21 March 2024
    Current notice
  2. Completed: Award date1 April 2024
  3. Next: Contract expiry date31 March 2027in 6 months

About the buyer

Coventry City Council is a local authority serving the city of Coventry, with its own procurement service. Larger opportunities are advertised through CSW-JETS, a shared e-tendering portal with Solihull and Warwickshire. The three councils have run this joint tendering system since 2010. Find a Tender, the government's central digital platform, carries the very largest contracts too. That national route has applied since the Procurement Act 2023 took effect in February 2025. Bids are judged on price alone or under the Most Advantageous Tender method. Quality and social value count alongside cost under that approach.

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 Coventry City Council's contract awards have been in IT services, health and social work and construction work.

Relevant CPV codes

  • 66171000 · Financial consultancy services

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