Published date: 20 December 2022
This notice was replaced on 2 May 2023
This notice does not contain the most up-to-date information about this procurement. The most recent notice is:
Awarded contract (published 2 May 2023)
Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.
Contract summary
Industry
Real estate services - 70000000
Location of contract
England
Value of contract
£600,000
Procurement reference
BASTOKE001-DN648826-35284084
Published date
20 December 2022
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 Council's 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 1/3 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 £339m and the operational and car park portfolio was valued at circa £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
About the buyer
Contact name
Procurement Team
Address
Civic Offices
london road
Basingstoke
RG21 4AH
England
Telephone
+441256844844
procurement@basingstoke.gov.uk
Website
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