Published date: 23 January 2024
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Financial analysis and accounting software package - 48440000
Financial analysis software package - 48441000
Financial consultancy services - 66171000
Financial auditing services - 79212100
Accounting review services - 79212500
Financial management consultancy services - 79412000
Location of contract
B69 3DB
Value of contract
£0
Procurement reference
IT-230-7479-SMBC 23071 - AWARD
Published date
23 January 2024
Closing date
27 November 2023
Closing time
12pm
Contract start date
14 April 2024
Contract end date
13 April 2028
Contract type
Service contract
Procedure type
Open procedure
Any interested supplier may submit a tender in response to an opportunity notice.
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
Description
Business Rates localisation presents a variety of challenges for local authorities in relation to the calculation and forecasting of the various elements of the business rates retention scheme. As an authority participating in the rates retention pilot scheme in Sandwell we currently retain 100% of the income generated through Business Rates.
It is crucial that we are able to manage our rating list effectively, forecast changes which may affect net collectable debit and maximise growth through the early identification of commercial properties in the area.
Rates avoidance is a serious concern especially in the current climate and it is important that efforts are made to validate reductions applied as much as possible. In Sandwell large numbers of hereditaments receive Small Business Rates Relief but this will no longer apply if a company/organisation has more than one business in the same name.
Sandwell MBC therefore require a company who can provide:
o Revenues Forecasting
o RV Finder
o Small Business Rates Relief Audit
o Council Tax property finder
The contract duration is for 4 years from 14 April 2024 - 13 April 2028.
The deadline for tender submissions is 27 November 2023 at 12:00 noon.
Award information
Awarded date
23 January 2024
Contract start date
14 April 2024
Contract end date
13 April 2028
Total value of contract
£232,000
This contract was awarded to 1 supplier.
Inform CPI Ltd
Address
125 Old Broad Street, London, United Kingdom, EC2N 1AR
Reference
None
About the buyer
Contact name
Jessica Prince
Address
Freeth Street
Oldbury
West Midlands
B69 3DB
United Kingdom
Telephone
0121 569
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Closing: 27 November 2023, 12pm