Awarded contract

PROMIS (Property Management Information Service) Reports and Data Subscription

Details

Supplier(s)
PMA (Property Market Analysis) LLP
Value
£104,400
Duration
3 years
Topic
Subscription services
Published
7 February 2024

Tender description

The VOA has a requirement to renew its PROMIS (Property Management Information Service) subscription. The PROMIS service provides over 450 reports across 321 local markets across the UK. These reports provide the VOA with independent in-depth analysis, covering the local economy, demand, supply, rents and yields and cover Offices, Logistics and Retail over an extensive list of locations, to give the VOA advantage when conducting Reval for rating purposes and also for defending the rating list. It can also be used by DVS for investment valuations such as capital gains Tax or accounting valuations.

Timeline

  1. Completed: Award published7 February 2024
    Current notice
  2. Completed: Award date15 February 2024
  3. Next: Contract expiry date14 February 2027in 3 months

About the buyer

The Valuation Office Agency is a government agency that provides the valuations and property advice behind taxation and benefits. The agency became part of HM Revenue & Customs in April 2026. Procurement follows Cabinet Office guidelines and codes of practice. Stated principles are transparency, open competition, equal opportunity and value for money. The agency has bought through Government Commercial Agency frameworks. Suppliers are directed to the GOV.UK guide on selling to the public sector.

Over the past 5 years, most of Valuation Office Agency's contract awards have been in business services, architectural and engineering services and IT services.

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