Asset Valuation Services (CCS Call-off)

Award

Buyers

London Borough of Sutton

Value

£208,125

Suppliers

Montagu Evans LLP

Classifications

Real estate services

Tags

award

Submission Deadline

4 months ago

Published

3 weeks ago

Description

The contract is for an external valuer to undertake the valuation of its property assets, operational, commercial investment and the residential portfolio.

The procurement route was a direct award via Lot 5 (Valuation and Compulsory Purchase Orders) of the Crown Commercial Services Estate Management Services framework RM6168.

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Contract Agreement

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Award Notice

Details on the tender award and selected suppliers.

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The consultant will be required to carry out this valuation process in an efficient manner without impacting the tenant(s) or any of the properties. • WFHA want to demonstrate that they are obtaining value for money and are testing the market to ensure that best value is being achieved. • In order to obtain value for money WFHA is undertaking a competitive quotation process to identify the most suitable, competent and capable valuation consultant. The appointed valuation consultant will be required to lead and undertake a review of WFHA's full property and wider assets and provide a detailed overview of the valuation at a granular detail. Conditions of Participation in the Request for Quote: Legal and financial capability: Requirement: The supplier must be a legally established entity with the financial stability to perform the contract. Specific requirements will be finalised following market engagement. Evidence and process: The contracting authority is conducting a single four-step quotation process to select its Bidder. Bidders are to submit a response before the deadline for quotations. RFQs will be evaluated to identify the winning Bidder, using the below process and Evaluation Criteria set out in Section 4. The four-step process in outline, is: 1. • Step 1 - Satisfactory compliance to establish completeness of submitted RFQs 2. • Step 2 - A quality evaluation 3. • Step 3 - A price evaluation 4. • Step 4 - Combining the price with the quality score to determine the Preferred Bidder. Payment Terms: 30 days net end of month invoice received. Contract Dates and Expected Process. Estimated Date of Tender Notice Publication: 25th April 2025 Estimated Date for Submission of Requests to Participate: 16th May 2025 Procedure Expected to be Used: • Request for Quote - Open Dynamic Market Membership: No Participation - Particular Suitability: • Small and medium-sized enterprises (SME) • Large enterprises Selection Process: 1. Mandatory Documents and Certification: • Legal and financial capacity documents. • Certifications and declarations of compliance. 2. Procurement Specific Questionnaire (PSQ): • Mandatory Questions: Legal, financial, and technical capacity. • Discretionary Questions: Past performance, references, and other relevant criteria. • Exclusion Criteria: Both Mandatory and Discretionary 3. Technical/Quality Questionnaire: • Detailed questions assessing the supplier's technical ability and quality assurance measures. 4. Pricing Evaluation: • Detailed breakdown of costs and pricing structure. 5. Overall Threshold: For the Suppliers that pass the PSQ, the combined weighted scores from the Technical/Quality Questionnaire and Pricing Evaluation will provide an overall score. The highest scoring supplier across the elements will be the successful bidder for the Lot. Term of the Contract Including Extensions: 1 year Previous Contract Information: No specific previous Contract.. Intention to Award the Contract to: 1. A single winning bidder based on the highest overall score across the combined Financial and Non-Financial elements. What Fees if Any will be Charged in Accordance with Section 45(7) of the PA 2023: No fees will be charged within this process. Will an Electronic Auction be Used: No What Lots will Form this Tender: No Lots, the winning Bidder will provide the services as set out. Will it be Awarded by Lot: No Estimated Award Criteria: Contract will be awarded maximum score basis. 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Organisation

London Borough of Sutton

Regional or local authority

Steve Hoy

[email protected]

+44 2087705911

Timeline complete

Publish

Bid

Evaluate

Award

Complete