Awarded contract

Asset Valuations 2024 - 2029

Details

Value
£250,000
Duration
3 years
Topic
Real estate agency services on a fee or contract basis
Published
28 January 2025

Tender description

BCP Council undertakes a rolling revaluation programme of General Fund and Housing Revenue Account assets, with Investment, Surplus, Charitable Assets and HRA properties (including Beacons) re-valued annually. Assets valued in any given year represent a cross section of the Council's portfolio. Consequently, the assets comprise a wide range of property types and interests requiring a range of valuation methodologies.\r \r The Council requires the valuations to be undertaken in accordance with the relevant current and future guidelines issued by The Chartered Institute of Public Finance and Accountancy (CIPFA) and the Royal Institution of Chartered Surveyors (RICS).\r \r The Initial Contract Duration is 3 years with 2 options to extend of 12 months each. Therefore if the full extension(s) is taken, then the full contract duration shall be 5 years. Additional information: Suppliers interested in this opportunity can access the full procurement documentation by visiting BCP Council's Tendering system www.supplyingthesouthwest.org.uk Suppliers should search for the opportunity through Supplying the South West. There are further details of the opportunity on the advert published on www.supplyingthesouthwest.org.uk and instructions on how suppliers can access the procurement documentation for completion. Responses to the opportunity must be submitted electronically through www.supplyingthesouthwest.org.uk before the deadline shown on the system. If you are unable to access the advert for the opportunity through www.supplyingthesouthwest.org.uk please contact the Council using the contact details provided.

Timeline

  1. Completed: Award published28 January 2025
    Current notice
  2. Completed: Award date1 February 2025
  3. Next: Contract expiry date31 January 2028in 16 months

About the buyer

Bournemouth Christchurch and Poole Council is a local authority that buys through its Procurement and Contract Management Service, a team of 24 procurement and contract management professionals. Every openly advertised opportunity is published on Find a Tender. Bids are invited through ProContract, where suppliers register to receive notifications and express interest. The team runs a category management approach that gives a cross-council view of every spend area. A searchable contracts register lists awarded contracts, frameworks, concessions and dynamic purchasing systems. Goods, services and works are bought either by invitation to quote or by competitive tender.

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 Bournemouth Christchurch and Poole Council's contract awards have been in health and social work, IT services and transport equipment.

Relevant CPV codes

  • 70300000 · Real estate agency services on a fee or contract basis

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Decision makers

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