Find a TenderAwarded
Published 27 Oct 2023, 14:50 BST

Official UK procurement notice

Business Rates Forecasting and RV Finder

Official notice

Authority: Sandwell Metropolitan Borough Council (Local council)

ServicesOpen procedureSME suitable
Published estimate£232,000exc. VAT
Submissions closed 27 Nov 2023awarded 23 Jan 2024
Awarded to Inform CPI Limited

What is being bought

Published requirement description

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.

  • Recurrence: 4 years

CPV: Accounting review services · Financial analysis and accounting software package · Financial analysis software package · Financial auditing services · Financial consultancy services · Financial management consultancy services

The lotProcurement structure

single lot · no lot value published
Lot #1Business Rates localisation presents a variety of challenges for local authorities in…AwardedRenewal

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.
Delivery: West Midlands
Extensions: The contract will be retendered for in 4 years' time.Variant bids: not allowed

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 60%Price: 40%
Published sub-criteria (2)
  • Quality and Social Value: 60%
  • price: 40%
Published award criteria (2)
  • Quality and Social Value: 60
  • Price: 40
Conditions of participation3
  • Suitability

    Please refer to the ITT documents.

  • Economic & financial standing

    Please refer to the ITT documents.

    Minimum: Please refer to the ITT documents.
  • Technical & professional ability

    Please refer to the ITT documents.

    Minimum: Please refer to the ITT documents.
What this means for your bid
  • Price carries 40 of 100 points: a 10% discount moves about 4 points. The method statement decides this lot, not the discount.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record · publisher note attached
Procedure method
Open procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
Yes · 4 years
First published
27 Oct 2023, 14:50 BST
Last source update
23 Jan 2024, 10:20 GMT
Award evaluation window
27 Nov 2023 – …
Authority reference
SMBC 23071
FTS notice number
2024/S 000-002187
Classification (CPV)
Accounting review servicesFinancial analysis and accounting software packageFinancial analysis software packageFinancial auditing servicesFinancial consultancy servicesFinancial management consultancy services
Delivery area
West Midlands (UKG37)
Official registry OCID
ocds-h6vhtk-040fc1 Find a Tender

Publisher note: The Council will be using the In-tend e-Tendering System for this Procurement exercise, please visit https://in-tendhost.co.uk/sandwellmbc to access the Sandwell MBC In-tend Supplier Portal. From here you will be able to register your company, express an interest in the opportunity, and gain immediate access to the ITT and other related documents. In Order to View the On-Line Questionnaire and Submit a Tender, you will be required to` Opt-In`. For a Step by Step user guide to the Sandwell MBC In-tend Supplier Portal please click on the `Guidance for Suppliers` section of the website. All procurement responses must be carried out via the Sandwell MBC In-tend Supplier Portal. If you require further assistance in respect of the system, please contact the In-tend support team on 0844 272 8810.

How it was run

Official notice
Run through: In-tend · Who buys & how to bid on In-tend
Supplier login requiredLanguage: EN
Access & registration note: Free · one account per buying organisation's portal · reCAPTCHA on signup
Submission deadline
27 Nov 2023, 12:00 GMT
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Bids opened
27 Nov 2023, 12:00 GMT
Detailed submission instructions & authority contactsFrom official release

Timeline

27 Nov 2023 → 23 Jan 2024 · 3 dates
  1. Submission deadline
    27 Nov 2023, 12:00 GMT
  2. Bids opened
    27 Nov 2023, 12:00 GMT
  3. Notice published
    23 Jan 2024, 10:20 GMT

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    23 Jan 2024, 10:20 GMT

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £232,0001 contract exc. VAT
Bids received 22 from SMEs
Contracts signed 1latest 23 Jan 2024
Awarded toValueDateStatus
Inform CPI Limited£232,000 †—Awarded

Contracts

  • Business Rates Forecasting and RV Finder · Inform CPI Limited

    Signed
    23 Jan 2024
    Value
    £232,000
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
2bids · 2 electronic2——

Contracting authority & participating public bodies

Sandwell MBC

Contracting authorityLocal CouncilRegional or local authorityGeneral public services Sandwell Council House, Freeth Street, Oldbury, West Midlands, B69 3DBContact name, email Published organisation website ↗

Dispute resolution & review bodies

  • The High Court of EnglandReview body London

Bidders & participating suppliers

1 commercial party on the notice
  • Inform CPIAwarded supplier 60 Cheapside, London, London, EC2V 6AX

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.