Find a TenderAwarded

Published 3 Feb 2021, 10:48 GMT

Official UK procurement notice

Depreciated Replacement Cost Valuation

Official notice

Authority: Transport for Wales (Public body)

ServicesOpen procedure

Sectors: Architecture & Engineering (71)Business Services & Consultancy (79) Delivery: Wales (UKL)

Awarded value£300,000published contract · exc. VAT

Awarded 21 Dec 2020

Awarded to Atkins Limited

What is being bought

Published requirement description

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.

CPV: Evaluation consultancy services · Technical analysis or consultancy services · Technical testing, analysis and consultancy services

The lotProcurement structure

single lot · no lot value published

Lot #1Transport for Wales (TfW) has procured experienced consultants to undertake valuation…Awarded

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

Delivery: Wales · Across the Welsh rail network

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

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: 140Price: 30

Published sub-criteria (6)

Technical: 70
Methodology and Approach: 25
Timetable and Resource: 20
Project Management: 5
Skills and Expertise: 20
price: 30

Published award criteria (6)

Technical: 70
Methodology and Approach: 25%
Timetable and Resource: 20%
Project Management: 5%
Skills and Expertise: 20%
Price: 30

What this means for your bid

Price carries 30 of 170 points: a 10% discount moves about 3 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: Unspecified in notice
First published: 3 Feb 2021, 10:48 GMT
Last source update: 3 Feb 2021, 10:48 GMT
Authority reference: TfW292
FTS notice number: 2021/S 000-002135
Classification (CPV): Evaluation consultancy servicesTechnical analysis or consultancy servicesTechnical testing, analysis and consultancy services
Delivery area: Wales (UKL)
Official registry OCID: ocds-h6vhtk-028fad Find a Tender

Publisher note: 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. (WA Ref:106856)

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 1

Awarded value £300,0001 contract exc. VAT

Bids received 4

Contracts signed 1latest 21 Dec 2020

Awarded to	Value	Date	Status
Atkins Limited	£300,000 †	—	Awarded

Contracts

Contract 002135-2021-C000292.00-1 · Atkins Limited
Signed
21 Dec 2020
Value
£300,000
Status
active

Bid statistics published by the authority

Bids	SME	VCSE	Valid bid range
4bids · 4 electronic	0	—	—

Contracting authority & participating public bodies

Transport for Wales

Contracting authorityPublic bodyBody governed by public lawTransport related activities 3 Llys Cadwyn, Taff Street, Pontypridd, Wales, CF37 4THContact name, email, phone

Dispute resolution & review bodies

High CourtReview body LondonContact phone

Bidders & participating suppliers

1 commercial party on the notice

AtkinsAwarded supplier 2 Capital Quarter, Tyndall Street, Cardiff, Wales, CF104BZContact email, phone

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.