Published date: 9 September 2024
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Real estate services with own property - 70100000
Location of contract
B4 7WB
Value of contract
£0
Procurement reference
IT-100-4131-P1258 - AWARD
Published date
9 September 2024
Closing date
23 February 2024
Closing time
12pm
Contract start date
1 April 2024
Contract end date
31 March 2028
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
Birmingham City Council wishes to appoint suitably qualified service provider to provide professional valuation services across its Right to Buy valuations and housing stock asset valuations.
Our objective is to deliver 'right to buy' valuations on Council owned residential properties as governed by the Housing Act 1985 and subsequent amendments. We are required to provide building insurance valuations and general valuation advice. We have an obligation to determine a valuation of the housing stock assets held by the council as identified in the asset register compiled annually.
The Council also requires provision of its housing stock asset valuations for financial reporting purposes for each financial year . This will include a mixture of tenanted residential units of varying ages and character together with various garages. The supplier is required to determine a valuation of the Housing stock assets held by the Council as identified in the Asset Register compiled annually and valued as of 31 March annually for each year for inclusion in the authority's balance sheet in accordance with the Chartered Institute of Public Finance and Accounting (CIPFA) Code of Practice. The supplier will review and give assurance that the values at the end of each financial year (31st March) will be materially correct and if necessary, update any valuations, where the movement is material.
Tenderers are to note that this contract will be undertaken on a call off basis with orders placed as and when required.
The Framework Agreement will last for 4 years (unless terminated under agreement provisions) commencing 1st April 2024.
The Framework Agreement will be awarded to one supplier.
The Council will be using its free to use e-tendering system (in-tend) for the administration of this procurement process and potential suppliers must register with the system to be able to express an interest. If you wish to express an interest in this opportunity please click on the following link to access https://in-tendhost.co.uk/birminghamcc/ and submit your details to register. You will then be sent details on how to log on which will enable you to download all relevant Invitation to Tender (ITT) documentation.
If you are unable to register with In-tend or have any questions or problems on how to use this web site please email us at etendering@birmingham.gov.uk
Your completed tender submission should be returned by Noon on 23rd February 2024 via the 'in-tend' system https://in-tendhost.co.uk/birminghamcc
Award information
Awarded date
26 March 2024
Contract start date
1 April 2024
Contract end date
31 March 2028
Total value of contract
£2,000,000
This contract was awarded to 1 supplier.
Sure Property Group Limited
Address
5 Eastgate Business Centre, Eastern Avenue, Burton-on-Trent, Staffordshire, United Kingdom, DE13 0AT
Reference
None
About the buyer
Contact name
Snehal Patel
Address
10 Woodcock Street
Birmingham
West Midlands
B4 7WB
United Kingdom
Telephone
0121 464 8000
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Closing: 23 February 2024, 12pm
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