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Published 4 Jul 2022, 10:07 BST

Official UK procurement notice

Chartered Surveyors - LB Bromley Statutory Property Asset Valuations

Official notice

Authority: London Borough of Bromley (Local council)

ServicesOpen procedure
Sectors: Business Services & Consultancy (79) Delivery: London (UKI61)
Published estimate£460,000≈ £153k / year
Submissions closed 1 Aug 2022awarded 8 Sept 2022
Awarded to Montagu-Evans LLP
Contract term 3 yrsends 30 Nov 2025 · starts 1 Dec 2022

What is being bought

Published requirement description

The London Borough of Bromley (the ‘Council’) is seeking to appoint a suitably qualified firm

of Chartered Surveyors and Registered Valuers on a 5-year contract to undertake their

statutory asset valuations for the financial years 2022 - 2027. This is required to ensure that

the value of the property assets of the Council are properly represented in their financial

accounts in accordance with relevant RICS, CIPFA and IFRS standards.

CPV: Business and management consultancy and related services

The lotProcurement structure

single lot · value published
Lot #1As per the ITT documentAwarded 3 yrsPublished value£460,000
Contract period: 1 Dec 2022 – 30 Nov 2025 (3 yrs)
Delivery: London
Variant bids: not allowed

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 40%Price: 60%
Published sub-criteria (2)
  • 6: 40%
  • price: 60%
Published award criteria (2)
  • 6: 40
  • Price: 60
What this means for your bid
  • Price carries 60 of 100 points: a 10% discount moves about 6 points. This one is won on the number: sharpen the price before polishing the prose.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record
Procedure method
Open procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
No (one-off requirement)
First published
4 Jul 2022, 10:07 BST
Last source update
29 Sept 2022, 12:34 BST
Award evaluation window
1 Aug 2022 – …
Authority reference
DN618005
FTS notice number
2022/S 000-027319
Classification (CPV)
Business and management consultancy and related services
Delivery area
London (UKI61)
Official registry OCID
ocds-h6vhtk-034d56 Find a Tender

How it was run

Official notice
Run through: ProContract (Due North) · Who buys & how to bid on ProContract
Supplier login requiredLanguage: EN
Access & registration note: Free · short registration with manual review; public opportunity list
Submission deadline
1 Aug 2022, 12:00 BST
Submission channel
{"electronicSubmission"}
Accepted languages
en
Bid validity
180 days from the deadline
Bids opened
1 Aug 2022, 12:00 BST
Detailed submission instructions & authority contactsFrom official release

procontract.due-north.com/Advert/Index ↗

Timeline

1 Aug 2022 → 1 Dec 2022 · 4 dates
  1. Submission deadline
    1 Aug 2022, 12:00 BST
  2. Bids opened
    1 Aug 2022, 12:00 BST
  3. Notice published
    29 Sept 2022, 12:34 BST
  4. Contract starts
    1 Dec 2022

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    29 Sept 2022, 12:34 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £460,0001 contract exc. VAT
Bids received 3
Contracts signed 1latest 8 Sept 2022
Awarded toValueDateStatus
Montagu-Evans LLP£460,000 †—Awarded

Contracts

  • Contract 027319-2022-1 · Montagu-Evans LLP

    Signed
    8 Sept 2022
    Value
    £460,000
    Period
    … – 30 Nov 2025
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
3bids———

Contracting authority & participating public bodies

London Borough of Bromley

Contracting authorityLocal CouncilRegional or local authorityGeneral public services Bromley Civic Centre, Stockwell Close, Bromley, London, BR1 3UHContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • Royal Courts of JusticeReview body London

Bidders & participating suppliers

1 commercial party on the notice

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.