Find a TenderClosed
Published 8 Mar 2024, 14:43 GMT

Official UK procurement notice

For the Provision of Formal Valuation Advice for Financial Reporting Purposes

Official notice

Authority: Cheltenham Borough Council (Local council)

ServicesOpen procedure
Published estimate£275,000≈ £92k / year
Submissions closed 12 Apr 2024
Contract term 3 yrsends 31 Aug 2027 · extension options published · starts 1 Sept 2024

What is being bought

Published requirement description

As part of the council’s annual financial reporting procedures, Cheltenham Borough Council wish to appoint an appropriately qualified and experienced team of Chartered Surveyors and Registered Valuers as External Valuers to undertake formal valuations across a range of properties within our portfolio. The council is looking to appoint the successful party on a fixed three-year term with an option to extend for a further two years, commencing from the 1st September 2024, and covering the period FY2425 to FY2829.

CPV: Evaluation consultancy services · Financial auditing services · Financial consultancy services · Statutory audit services

The lotProcurement structure

single lot · value published
Lot #1 3 yrsPublished value£275,000
Contract period: 1 Sept 2024 – 31 Aug 2027 (3 yrs)
Delivery: South West
Extensions: Option to extend the contract by a further 2 yearsVariant 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
Conditions of participation1
  • Suitability

    RICS

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
Closed
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
Yes
First published
8 Mar 2024, 14:43 GMT
Last source update
8 Mar 2024, 14:43 GMT
Award evaluation window
15 Apr 2024 – …
Authority reference
CBC0540P
FTS notice number
2024/S 000-007548
Classification (CPV)
Evaluation consultancy servicesFinancial auditing servicesFinancial consultancy servicesStatutory audit services
Delivery area
South West (UKK1)
Official registry OCID
ocds-h6vhtk-0446eb Find a Tender
Review and risk notes
Review procedure

Please see Tender document

How it was run

Official notice
Submission deadline
12 Apr 2024, 17:00 BST
Submission channel
{"written"}
Accepted languages
en
Bids opened
15 Apr 2024, 09:00 BST

Timeline

8 Mar 2024 → 1 Sept 2024 · 4 dates
  1. Notice published
    8 Mar 2024, 14:43 GMT
  2. Submission deadline
    12 Apr 2024, 17:00 BST
  3. Bids opened
    15 Apr 2024, 09:00 BST
  4. Contract starts
    1 Sept 2024, 00:00 BST

Contracting authority & participating public bodies

Cheltenham Borough Council

Contracting authorityLocal CouncilRegional or local authorityGeneral public services Municipal Offices, Cheltenham, South West, GL50 9SAContact email Published organisation website ↗

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

  • Economic and financial selection criteriatenderEconomic and financial selection criteria
  • Technical selection criteriatenderTechnical selection criteria