Published date: 2 May 2023

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


Closing: 8 February 2023, 12pm

Contract summary

Industry

  • Real estate services - 70000000

Location of contract

England

Value of contract

£600,000

Procurement reference

BASTOKE001-DN648826-35284084

Published date

2 May 2023

Closing date

8 February 2023

Closing time

12pm

Contract start date

21 March 2023

Contract end date

31 January 2026

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

Basingstoke and Deane Borough Council BDBC is seeking to procure asset Valuation Consultancy Services for asset valuations to be included in the Councils accounts and financial statements.

BDBC has a significant commercial property investment portfolio, all of which is to be valued by external consultants on an annual basis. The operational portfolio is also to be valued within this contract with a third of the operational portfolio valued each year of the contract.

The investment element of the portfolio in March 2022 in terms of asset valuation was valued at circa GBP 339m and the operational and car park portfolio was valued at circa GBP 57m.

BDBC wishes to procure asset valuation consultancy services in connection with the annual valuation of its property investment portfolio for the next 3 years with an option to BDBC to extend for a further year.

More information

Previous notice about this procurement

INVITATION TO TENDER FOR THE PROVISION OF PROPERTY ASSET CONSULTANCY SERVICES

  • Opportunity
  • Published 20 December 2022

Links

Award information

Awarded date

20 March 2023

Contract start date

3 April 2023

Contract end date

2 April 2026

Total value of contract

£505,675

This contract was awarded to 1 supplier.

Montagu Evans LLP

Address

70 St Mary Axe
London
EC3A 8BE

Reference

None

Supplier is SME?

Yes

Supplier is VCSE?

No

About the buyer

Contact name

Procurement Team

Address

Civic Offices
london road
Basingstoke
RG21 4AH
England

Telephone

+441256844844

Email

procurement@basingstoke.gov.uk

Website

http://www.basingstoke.gov.uk