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AwardedFind a Tender · award

Depreciated Replacement Cost Valuation

Buyer: Transport for Wales →

BuyerTransport for Wales
StatusAwarded
DeadlineNot published
ValueValue not published
Published3 Feb 2021

What is being bought

Transport for Wales (TfW) has procured the services of an advisor to provide evidence to support the valuation assessment of the Core Valleys Lines rail network for financial reporting purposes for the financial year ending 31 March 2021 and future periods.

Delivery location

UKL

Categories

Technical testing, analysis and consultancy services 71600000Technical analysis or consultancy services 71621000Evaluation consultancy services 79419000Evaluation consultancy services 79419000

Lot details

Lot 1

Transport for Wales (TfW) has procured experienced consultants to undertake valuation of assets and provide information on the Depreciated Replacement Costs across our Core Valley Lines (CVL) in South Wales. The DRC valuation will be reported in the financial statements of Transport for Wales and will be used for consolidation within the Welsh Government group financial statements. The appointed advisor is expected to provide input in the following areas: 1 – Developing an excel based valuation model, 2 - Developing asset unit costs based on the asset categories 3 – Quantifying risk and other uplifts 4 – Assisting TfW in quantifying the useful economic lives of the assets 5 – Assisting TfW in quantifying the remaining useful economic life of the assets 6 – Undertaking an annual adjustment to the asset value

Statuscancelled

Award criteria
Technical — 70
Methodology and Approach — 25%
Timetable and Resource — 20%
Project Management — 5%
Skills and Expertise — 20%
price — 30

What is included

ItemCategoryQuantity
1Evaluation consultancy services, Technical testing, analysis and consultancy services, Technical analysis or consultancy servicesNot published

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 71. The category anchor is Technical testing, analysis and consultancy services (71600000); this is a deliberately broad market comparator. The comparison is shown at several levels rather than pretending one company or region is always the best benchmark.

Comparison setProceduresReported bids per procedureNamed award suppliersPrice evidence
Market: CPV division 7110,1215 median · 30 average (4,041 of 10,121 with a bid count)4.2 average (4,447 of 10,121 with named award suppliers)Not published
Same buyer97 median · 23 average (7 of 9 with a bid count)5.9 average (7 of 9 with named award suppliers)Not published
Delivery region: UKL3116 median · 48 average (124 of 311 with a bid count)8.5 average (157 of 311 with named award suppliers)Not published

“Reported bids” is an official aggregate, sometimes reported per lot; it is the closest available competition measure. “Named award suppliers” are winners, not all applicants.

Price-outcome signal

Not enough comparable procedures currently publish both a GBP tender value and a usable lowest-valid-bid value to calculate a responsible price-reduction benchmark. Tenderline deliberately does not infer a saving from named award suppliers or from missing award values.

Procurement strategy & market signals

Framework agreementNot published
Dynamic purchasing systemNot published
Competitive procurementNot published
Recurring requirementNot published
Procurement method rationaleNot published
Rationale classificationsNot published
Special regimeNot published
Covered byGPA
Submission policyNot published
Selection criteriaNot published
Risk detailsNot published

Planning & early market engagement

BudgetNot published
No-engagement rationaleNot published
Planning documents0
Planning milestones0

No planning milestones published.

Related procurements

No linked framework, prior procurement or reprocurement published.

Awards

002135-2021-C000292.00-1

Statusactive
SupplierAtkins

Contracts

002135-2021-C000292.00-1

Statusactive
Value£300,000

Documents & submission route

No documents are published in the current source record.

Source data inventory

Diagnostic view. “Not published” means this current release does not provide a value.

OCIDocds-h6vhtk-028fad
Latest release ID002135-2021
Latest release timestampWed Feb 03 2021 10:48:02 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLNot published
Tender statuscomplete
Procurement methodopen
Procurement method detailsOpen procedure
Main procurement categoryservices
Above thresholdNot published
Legal basis32014L0024
Tender period: startNot published
Tender period: endNot published
Expression of interest deadlineNot published
Enquiry deadlineNot published
Award period: startNot published
Award period: endNot published
Submission method detailsNot published
Submission languagesNot published
Electronic catalogue policyNot published
Total tender valueNot published
Tender lots in source1
Tender items in source1
Tender documents in source0
Awards in latest release1
Contracts in latest release1
Parties in latest release3

Notice history

DateEventReference
3 Feb 2021award, contract002135-2021

All source data

Unmodified official OCDS data retained by Tenderline for this procurement process.

Complete current OCDS release JSON
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      {
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        "value": 0,
        "measure": "smeBids",
        "relatedLot": "1"
      },
      {
        "id": "3",
        "value": 0,
        "measure": "foreignBidsFromEU",
        "relatedLot": "1"
      },
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  "date": "2021-02-03T10:48:02Z",
  "ocid": "ocds-h6vhtk-028fad",
  "buyer": {
    "id": "GB-FTS-4225",
    "name": "Transport for Wales"
  },
  "links": [
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          {
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    "classification": {
      "id": "79419000",
      "scheme": "CPV",
      "description": "Evaluation consultancy services"
    },
    "procurementMethod": "open",
    "mainProcurementCategory": "services",
    "procurementMethodDetails": "Open procedure"
  },
  "parties": [
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      "id": "GB-FTS-4225",
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        "streetAddress": "3 Llys Cadwyn, Taff Street"
      },
      "details": {
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        "classifications": [
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          {
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            "description": "Transport related activities"
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      },
      "identifier": {
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      },
      "contactPoint": {
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    },
    {
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      "address": {
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        "streetAddress": "2 Capital Quarter, Tyndall Street"
      },
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        "streetAddress": "Royal Courts of Justice, The Strand"
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      "contactPoint": {
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  ],
  "language": "en",
  "contracts": [
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      "value": {
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      "awardID": "002135-2021-C000292.00-1",
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  "description": "The final contract price referenced above in V2.4 is an estimate and the actual price of the contract may differ. The exact figure has not been provided due to its commercially sensitive nature.\n(WA Ref:106856)",
  "initiationType": "tender"
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Complete JSON history (1 releases)
3 Feb 2021 · 002135-2021 · award, contract
{
  "id": "002135-2021",
  "tag": [
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  "buyer": {
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