Closed tender

City Fund Operational Valuations

Details

Value
£300,000
Topic
Property management services of real estate on a fee or contract basis
Published
19 August 2024
Submission
17 September 2024

Tender description

The Authority are seeking to appoint a suitably qualified Professional Service Provider (PSP) to provide valuations for capital accounting purposes for incorporation in the City's accounts under CIPFA as at 31 March 2023 for inclusion in the City's Annual Report and Financial Statements and for internal management and accounting purposes. This work will then need to be carried out on an annual basis while the contract is in place. Additional information: https://www.find-tender.service.gov.uk/Notice/026318-2024?

Timeline

  1. Completed: Tender published19 August 2024
    Current notice
  2. Completed: Submission date17 September 2024

About the buyer

City of London Corporation buys as a local authority, and sets out its own procurement policies and requirements for suppliers. Its City Fund draws on rental and interest income from the Corporation's own property, alongside business rates and council tax. The Corporation also runs soft market testing to shape future procurements with suppliers.

A three-year Commercial Pipeline gives suppliers early visibility of larger opportunities.

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

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Decision makers

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