RFP QuestBeta
Awarded · ResultStage · contract

Basingstoke & Deane Borough Council

INVITATION TO TENDER FOR THE PROVISION OF PROPERTY ASSET CONSULTANCY SERVICES

Real EstateCPV 70000000
Value£506k
Awarded8 Feb 2023
Published2 May 2023
RegionLondon
Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

Contract value in context
£506ktotal contract value
median £100k
this tender£0£4.3m

This is a large award for Real Estate Services — above three-quarters of comparable contracts. Based on 3,366 valued Real Estate Services tenders in our corpus.

The brief

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.

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Source & provenance
OCID
885faa0b-6826-4163-a175-17eecc6abd23
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
BASTOKE001-DN648826-35284084
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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