Published date: 20 January 2017

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


Closing: 10 October 2016

Contract summary

Industry

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

Location of contract

West Midlands

Value of contract

£40,000 to £60,000

Procurement reference

170/04/16-DN180749/2

Published date

20 January 2017

Closing date

10 October 2016

Contract start date

1 November 2016

Contract end date

31 October 2020

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

Wyre Forest District Council wishes to appoint a Contractor for the provision of asset valuation services prepared in accordance with the Chartered Institute of Public Finance and Accountancy (CIPFA) Code of Practice on Local Authority Accounting in the UK ('The Code'), International Financial Reporting Standards (IFRS) and RICS Red Book.

The Council is proposing an initial 2 year contract with the option to extend for 2 years, commencing with the asset valuations required for the Financial Year 2016/17.

Valuation of the Asset Classes on the attached Schedule (Appendix C) at 1st April each year in accordance with the relevant valuation basis as determined by the CIPFA Accounting Code of Practice, IFRS and the RICS Red Book having regard to the Council's Accounts Close Down Timetable (subject to annual revision to take into account any changes, eg. earlier statutory closedown of the Accounts). The Council's assets are valued on a 5-year Rolling Programme, although some assets may require valuing more frequently. The attached (Appendix C) is the current 5 Year Rolling Programme, giving an indication of the properties due to be valued, although it is subject to change at any point with the addition and disposal of assets. Most assets will require initial physical inspection, although a sampling approach may be utilised as appropriate, for example car parks valued on an income basis.

The deadline for submissions is 2pm, Monday 10th October 2016.

The Council is using the e-procurement portal known as the Due North Pro-Contract portal https://procontract.due-north.com to conduct this procurement exercise.
To gain access to the Invitation to Tender document, please visit the above website. Tenderers will need to electronically submit an expression of interest and an electronic copy of the ITT will be sent as an attachment.
If you have any problems or queries gaining access to the Pro-Contract portal please contact The Service desk on 01670 597136 who are available between the hours of 08:30 and 17:30 Monday to Friday (excluding UK Public Holidays).

More information

Previous notice about this procurement

Provision of Asset Valuation Services

  • Opportunity
  • Published 16 September 2016

Links

Additional text

The Council is using the e-procurement portal known as the Due North Pro-Contract portal https://procontract.due-north.com to conduct this procurement exercise.
To gain access to the Invitation to Tender document, please visit the above website. Tenderers will need to electronically submit an expression of interest and an electronic copy of the ITT will be sent as an attachment.
If you have any problems or queries gaining access to the Pro-Contract portal please contact The Service desk on 01670 597136 who are available between the hours of 08:30 and 17:30 Monday to Friday (excluding UK Public Holidays).

Award information

Awarded date

10 November 2016

Contract start date

22 December 2016

Contract end date

21 December 2018

Total value of contract

£10,000

This contract was awarded to 1 supplier.

Bruton Knowles

Address

Olympus House, Olympus Park, Gloucester, GL2 4NF

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Address

Wyre Forest House
Finepoint Way
Kidderminster
DY11 7WF
England

Email

procurement@wyreforestdc.gov.uk