Published date: 29 October 2024

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 27 August 2024, 10am

Contract summary

Industry

  • Building and facilities management services - 79993000

Location of contract

Any region

Value of contract

£559,900

Procurement reference

tender_388393/1412763

Published date

29 October 2024

Closing date

27 August 2024

Closing time

10am

Contract start date

9 October 2024

Contract end date

8 October 2029

Contract type

Service contract

Procedure type

Open procedure (above threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements above the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

The Foreign, Commonwealth and Development Office (FCDO) has estate property around the world (including the United Kingdom) and operates in over 280 different locations. The estate comprises Embassies & High Commissions (anything from a stand-alone, freehold building on a secure compound, to a fitted-out leased office in a multi-occupied, high-rise building), visa offices, Residences for Heads of Post and residential buildings for diplomats. Additionally, there are individual "legacy" properties such as churches, cemeteries, etc.

The FCDO has a financial reporting requirement (IFRS), supported by HM Treasury Government Financial Reporting Manual, to revalue the Estate's assets to ensure they are well managed, correctly recorded and accurately valued in the annual accounts.

The Estates, Security and Network Directorate (ESND) of the FCDO, on behalf of the Secretary of State for Foreign, Commonwealth and Development Affairs, requires valuations, inspection and rent ceiling assessments of the FCDO Estate within the Middle East and North Africa (MENA) region and, other Government departments, if required.

The scope of this contract includes valuation and inspection services of the FCDO Estate. The Successful Supplier is required to provide impairment valuations, rent ceiling assessments and ad-hoc consultancy services where requested.

The Contract will be for an initial 5 year period with an option to extend for up to a further 2 years.

More information

Previous notice about this procurement

ITT for the Provision of Global Estate Asset Valuation Services - MENA

  • Opportunity
  • Published 18 July 2024, last edited 18 July 2024

Links

Additional text

The requirement was procured via the Foreign, Commonwealth and Development Office's eprocurement portal: https://fcdo.bravosolution.co.uk. Suppliers, who were not previously registered on the portal, who were interested in being considered for this opportunity needed self-register on the site in order to participate - registration is free and instantaneous.

Award information

Awarded date

11 October 2024

Contract start date

9 October 2024

Contract end date

8 October 2029

Total value of contract

£559,900

This contract was awarded to 1 supplier.

Colliers International Property Consultants Limited

Address

95 Wigmore Street, London W1U 1FF

Reference

No reference - other

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Address

King Charles Street
London
SW1A 2AH
England

Email

commercial.esndcategories@fcdo.gov.uk