Find a TenderAwarded
Published 18 Mar 2024, 12:01 GMT

Official UK procurement notice

Provision of Global Estate Asset Valuation Services - MENA

Official notice

Authority: Foreign, Commonwealth and Development Office (Central government)

ServicesOpen procedureSME suitable
Published estimate£559,900≈ £112k / year
Submissions closed 19 Aug 2024awarded 11 Oct 2024
Awarded to Colliers International Property Consultants Limited
Contract term 5 yrsends 19 Sept 2029 · extension options published · starts 20 Sept 2024

What is being bought

Published requirement description

The Foreign, Commonwealth and Development Office (FCDO) awarded the contract for the provision of Global Estate Asset Valuation Services within Middle East and North Africa (MENA) to Colliers International Property Consultants, in order to meet financial reporting requirements (IRFS). The Procurement Process was run in accordance with the Open Procedure under Regulation 27 of the Public Contracts Regulation 2015.

The Contract will be for an initial 5 year period with an option to extend for up to a further 2 years.

CPV: Building and facilities management services · Commercial property management services · Financial and insurance services · Institution management services · Non-residential property services · Real estate services

The lotProcurement structure

single lot · value published
Lot #1The Foreign, Commonwealth and Development Office (FCDO) has estate property around the…AwardedRenewal 5 yrsPublished value£559,900

The Foreign, Commonwealth and Development Office (FCDO) has estate property around the world (including the United Kingdom) and operates in over 280 different locations. The estate comprises Embassies & High Commissions (anything from a stand-alone, freehold building on a secure compound, to a fitted-out leased office in a multi-occupied, high-rise building), visa offices, Residences for Heads of Post and residential buildings for diplomats. Additionally, there are individual “legacy” properties such as churches, cemeteries, etc.

The FCDO has a financial reporting requirement (IFRS), supported by HM Treasury Government Financial Reporting Manual, to revalue the Estate’s assets to ensure they are well managed, correctly recorded and accurately valued in the annual accounts.

The Estates, Security and Network Directorate (ESND) of the FCDO, on behalf of the Secretary of State for Foreign, Commonwealth and Development Affairs, requires valuations, inspection and rent ceiling assessments of the FCDO Estate within the Middle East and North Africa (MENA) region and, other Government departments, if required.

The scope of this contract includes valuation and inspection services of the FCDO Estate. The Successful Supplier is required to provide impairment valuations, rent ceiling assessments and ad-hoc consultancy services where requested.

The Maximum Contract Spend under this contract, including extension options will be £559,900 (including VAT). Additional information: The requirement was procured via the Foreign, Commonwealth and Development Office's eprocurement portal: fcdo.bravosolution.co.uk ↗. Suppliers, who were not previously registered on the portal, who were interested in being considered for this opportunity needed self-register on the site in order to participate - registration is free and instantaneous.

Contract period: 20 Sept 2024 – 19 Sept 2029 (5 yrs)
Delivery: UK · Global - Middle East and North Africa
Extensions: The Contracting Authority retains the right and, option to alter the geographical region by way of variation to meet the needs of the department. The Contracting Authority retains the right and, option to alter the scope of the contract, in line with any changes to Financial Reporting Requirements affecting the requirements of the Authority met through this contract. Option to extend the Contract by up to a further 2 years. · The contract will allow for the option to extend for a further 2 years after the initial 5 year period.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
  • Price
Staff
Names and qualifications of delivery staff must be submitted

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
First published
18 Mar 2024, 12:01 GMT
Last source update
29 Oct 2024, 17:05 GMT
Award evaluation window
19 Aug 2024 – …
FTS notice number
2024/S 000-035089
Classification (CPV)
Building and facilities management servicesCommercial property management servicesFinancial and insurance servicesInstitution management servicesNon-residential property servicesReal estate services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-0449cd Find a Tender

Publisher note: In order to have participated and gained access to the Invitation To Tender pack, potential suppliers had to access the FCDO’s e-procurement portal, JAGGAER ONE, available via the below link. URL: https://fcdo.bravosolution.co.uk/web/login.html Once logged in, search for itt_ 6482 Provision of Global Estate Asset Valuation Services - MENA If a potential supplier is not registered on the portal, click the link above (or copy and paste the link into your web browser) to be taken to the home page. Click the “Click here to register!” button, and follow the on-screen instructions to complete registration. Registration takes approximately 5 minutes and is free of charge. Two-Factor Authentication (2FA) Potential suppliers should note that two-factor authentication will be required to access the FCDO’s e-procurement portal, JAGGAER ONE, which requires Google Authenticator to be downloaded onto a mobile device. For more information in relation to two-factor authentication, a guide can be accessed by clicking the link on the home page of the FCDO’s e-procurement portal, JAGGAER ONE.

How it was run

Official notice
Run through: Jaggaer · Who buys & how to bid on JAGGAER
Supplier login requiredLanguage: EN
Access & registration note: Free; latest Chrome/Edge/Firefox only — corporate browsers fail
Submission deadline
19 Aug 2024, 10:00 BST
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Bid validity
90 days from the deadline
Bids opened
19 Aug 2024, 10:00 BST
Detailed submission instructions & authority contactsFrom official release

Timeline

12 Apr 2024 → 29 Oct 2024 · 5 dates
  1. Next notice expected
    12 Apr 2024, 00:00 BST
  2. Submission deadline
    19 Aug 2024, 10:00 BST
  3. Bids opened
    19 Aug 2024, 10:00 BST
  4. Contract starts
    20 Sept 2024, 00:00 BST
  5. Notice published
    29 Oct 2024, 17:05 GMT

Notice history

4 events · 3 releases on Find a Tender · since 18 Jul 2024
  1. Status changed to active
    18 Jul 2024, 11:25 BST
  2. Procurement method changed
    18 Jul 2024, 11:25 BST
  3. Deadline published: 19 Aug 2024, 10:00 BST
    18 Jul 2024, 11:25 BST
  4. Status changed to complete
    29 Oct 2024, 17:05 GMT

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £559,9001 contract exc. VAT
Bids received 31 from SMEs
Contracts signed 1latest 11 Oct 2024
Awarded toValueDateStatus
Colliers International Property Consultants LimitedContract for the Provision of Global Estate Asset Valuation Services - MENA——Awarded

Contracts

Bid statistics published by the authority

BidsSMEVCSEValid bid range
3bids1——

Contracting authority & participating public bodies

Foreign Commonwealth and Development Office

Contracting authorityCentral GovernmentMinistry or any other national or federal authority, including their regional or local subdivisionsGeneral public services King Charles Street, London, UK, SW1A 2AHContact email Published organisation website ↗

Dispute resolution & review bodies

  • Centre for Effective Dispute ResolutionMediation body London
  • Centre for Effective Dispute Resolution London LondonMediation body London
  • Foreign, Commonwealth and Development Office Commercial DirectorateReview body London

Bidders & participating suppliers

1 commercial party on the notice

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

  • Economic and financial selection criteriatenderEconomic and financial selection criteria
  • Technical selection criteriatenderTechnical selection criteria