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Official procurement procedure

Business Rates Forecasting and RV Finder

Accounting review services
Financial analysis and accounting software package
Financial analysis software package
+3 more
West Midlands (UKG37)
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Sandwell MBC: "Business Rates Forecasting and RV Finder". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthoritySandwell MBCScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: Sandwell MBC
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Sandwell MBC. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Average Price Reduction
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
2Bids / Report
0% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 1 active published awards; 1 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Price reduction compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthoritySandwell MBC
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published23 Jan 2024, 10:20 GMT
Last source update23 Jan 2024, 10:20 GMT
Recurring procurementNot published
ClassificationAccounting review services, Financial analysis and accounting software package, Financial analysis software package, Financial auditing services, Financial consultancy services, Financial management consultancy services
Delivery area
West Midlands (UKG37)
OCIDocds-h6vhtk-040fc1
What is being bought
Business Rates localisation presents challenges for local authorities in relation to the calculation and forecasting of various elements of the business rates retention scheme. As an authority participating in the rates retention pilot scheme in Sandwell we currently retain 100% of the income generated through Business Rates. It is crucial we are able to manage our rating list effectively, forecast changes which may affect net collectable debit and maximise growth through early identification of commercial properties in the area. Rates avoidance is a serious concern and it is important that efforts are made to validate reductions applied as much as possible. In Sandwell large numbers of hereditaments receive Small Business Rates Relief but this will no longer apply if a company/organisation has more than one business in the same name. Sandwell MBC therefore require a company to provide Revenues Forecasting, RV Finder, Small Business Rates Relief Audit and Council Tax Property Finder.
What changed
From the official release history
  1. tender value changed
    23 Jan 2024, 10:20 GMT
  2. Status changed to complete
    23 Jan 2024, 10:20 GMT
  3. Official notice release published
    23 Jan 2024, 10:20 GMT
  4. Submission deadline changed to published date
    23 Jan 2024, 10:20 GMT
  5. Published value updated to £232,000
    27 Oct 2023, 14:50 BST
  6. Status changed to active
    27 Oct 2023, 14:50 BST
  7. Official notice release published
    27 Oct 2023, 14:50 BST
  8. Submission deadline changed to 27 Nov 2023, 12:00 GMT
    27 Oct 2023, 14:50 BST
  9. Buyer information updated
    27 Oct 2023, 14:50 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    Business Rates localisation presents a variety of challenges for local authorities in relation to the calculation and forecasting of the various elements of the business rates retention scheme. As an authority participating in the rates retention pilot scheme in Sandwell we currently retain 100% of the income generated through Business Rates.It is crucial that we are able to manage our rating list effectively, forecast changes which may affect net collectable debit and maximise growth through the early identification of commercial properties in the area.Rates avoidance is a serious concern especially in the current climate and it is important that efforts are made to validate reductions applied as much as possible. In Sandwell large numbers of hereditaments receive Small Business Rates Relief but this will no longer apply if a company/organisation has more than one business in the same name. Sandwell MBC therefore require a company who can provide:• Revenues Forecasting• RV Finder• Small Business Rates Relief Audit• Council Tax property finderThe contract duration is for 4 years from 14 April 2024 – 13 April 2028.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    23 Jan 2024, 10:20 GMT
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 23 Jan 2024, 00:00 GMT · £232,000
Commercial outcome and competition
Awards
Inform CPI
Not published · Not published · active
Contracts
Business Rates Forecasting and RV Finder
£232,000 · signed 23 Jan 2024, 00:00 GMT · active
Bid statistics
bids: 2 (lot 1)
electronicBids: 2 (lot 1)
foreignBidsFromEU: 0 (lot 1)
foreignBidsFromNonEU: 0 (lot 1)
smeBids: 2 (lot 1)
Buyer and organisations in this procedure

Sandwell MBC

Contracting authority GB-FTS-96516
View buyer profile

  • Sandwell MBC
    buyer

    Sandwell Council House, Freeth Street, Oldbury, UKG37, B69 3DB
    jessica_prince@sandwell.gov.uk

  • Inform CPI
    supplier

    60 Cheapside, London, UKI, EC2V 6AX

  • The High Court of England
    reviewBody

    Royal Court of Justice, The Strand, London, WC2A 2LL
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published