Published date: 6 October 2017

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


Closing: 4 August 2017

Contract summary

Industry

  • Real estate services - 70000000

Location of contract

East Midlands

Value of contract

£500,000

Procurement reference

TD1244

Published date

6 October 2017

Closing date

4 August 2017

Contract start date

18 September 2017

Contract end date

17 September 2020

Contract type

Service contract

Procedure type

Other: FURTHER COMPETITION

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No


Description

Derby City Council (The Council) is running a further competition exercise under the Eastern Shires Purchasing Organisation (ESPO) Framework, 2700 Estate Management Consultancy Services Lot 1a-Fixed Asset Valuation.

The Council require Asset Valuations to be undertaken for both the Commercial and the Residential Portfolios. The core of the Council's Asset Valuation Programme consists of a 5 year rolling programme, whereby approximately 20% of the stock is valued each year. In addition, annual valuations are to be undertaken for all the housing stock, investment, surplus properties and properties held for sale (IFRS 13). Further valuations are also undertaken on properties whereby substantial capital expenditure has been incurred during the financial year.

The initial contract period is for three years;There will be an option to extend the contract for 2 years in 1 year increments, subject to satisfactory performance and business needs.


Award information

Awarded date

8 September 2017

Contract start date

18 September 2017

Contract end date

17 September 2020

Total value of contract

£500,000

This contract was awarded to 1 supplier.

Valuation Office Agency

Address

Wingate House
93-107 Shaftesbury Avenue
London
W1D 5BU

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No


About the buyer

Address

Derby City Council, The Council House, Corporation Street
Derby
DE1 2FS
England

Email

procurement@derby.gov.uk