Official UK procurement notice
City Fund Operational Valuations
Authority: City of London (Local council)
What is being bought
Published requirement descriptionThe City are seeking to appoint a suitably qualified Professional Service Provider (PSP) to provide valuations for capital accounting purposes for incorporation in the City’s accounts under CIPFA as at 31 March 2023 for inclusion in the City’s Annual Report and Financial Statements and for internal management and accounting purposes. This work will then need to be carried out on an annual basis while the contract is in place.
CPV: Building consultancy services · Property management services of real estate on a fee or contract basis
The lotProcurement structure
single lot · no lot value publishedLot #1Renewal
Please see Tender Documents.
What it takes to wini
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 morei
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).
Published sub-criteria (4)
- Technical: 45
- Responsible Procurement: 15
- Price: 40
- price: 40
Published award criteria (4)
- Technical: 45
- Price: 40
- Responsible Procurement: 15
- Price: 40
- Suitability
As stated in the procurement documents.
- Price carries 80 of 140 points: a 10% discount moves about 8 points. This one is won on the number: sharpen the price before polishing the prose.
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
- Closed
- 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
- No (one-off requirement)
- First published
- 19 Aug 2024, 14:27 BST
- Last source update
- 19 Aug 2024, 14:27 BST
- Award evaluation window
- 16 Aug 2024 – …
- FTS notice number
2024/S 000-026318- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-0491c7Find a Tender
- Electronic trading
- e-invoicing allowed · electronic payment
- Performance terms
As stated in the procurement documents.
Publisher note: This tendering exercise is being undertaken using the electronic tendering system ‘capitalEsourcing’ (www.capitalesourcing.com). Suppliers will need to register an interest on the system in order to participate and registration is free. The estimated contract value given is for the full duration of the contract including the maximum possible extensions. The estimated annual contract value is therefore £100,000.00
How it was run
Official notice- Submission deadline
- 17 Sept 2024, 12:00 BST
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bid validity
- 30 days from the deadline
- Bids opened
- 16 Aug 2024, 13:00 BST
Timeline
16 Aug 2024 → 17 Sept 2024 · 3 dates- Bids opened16 Aug 2024, 13:00 BST
- Notice published19 Aug 2024, 14:27 BST
- Submission deadline17 Sept 2024, 12:00 BST
Contracting authority & participating public bodies
Dispute resolution & review bodies
- Cabinet OfficeReview contact point
- High Court of England and WalesMediation bodyReview body
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria