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Official procurement procedure

For the Provision of Formal Valuation Advice for Financial Reporting Purposes

Evaluation consultancy services
Financial auditing services
Financial consultancy services
+1 more
Published value
£275,000
Submission deadline 12 Apr 2024, 17:00 BST
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Cheltenham Borough Council: "For the Provision of Formal Valuation Advice for Financial Reporting Purposes". Published status: active. Published value: £275,000. 1 published lot. Recorded submission deadline: 12 Apr 2024, 17:00 BST. See the official notice for participation instructions.
Contracting AuthorityCheltenham Borough CouncilScope & CategoriesNot publishedSubmission Window
Closed
12 Apr 2024, 17:00 BST
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)£275,000
Bidder Intelligence · Authority Profile: Cheltenham Borough Council
Market Analytics
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Derived from OCDS awards & bid statistics
Published history for Cheltenham Borough Council. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Average Price Reduction
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
8.5Bids / Report
0% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 2 active published awards; 2 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Price reduction compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityCheltenham Borough Council
Procedure methodNot published
Procurement categoryNot published
Statusactive
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published8 Mar 2024, 14:43 GMT
Last source update8 Mar 2024, 14:43 GMT
Recurring procurementYes
ClassificationEvaluation consultancy services, Financial auditing services, Financial consultancy services, Statutory audit services
Delivery area
OCIDocds-h6vhtk-0446eb
What is being bought
As part of the council’s annual financial reporting procedures, Cheltenham Borough Council wish to appoint an appropriately qualified and experienced team of Chartered Surveyors and Registered Valuers as External Valuers to undertake formal valuations across a range of properties within our portfolio. The council is looking to appoint the successful party on a fixed three-year term with an option to extend for a further two years, commencing from the 1st September 2024, and covering the period FY2425 to FY2829.
What changed
From the official release history
  1. Published value updated to £275,000
    8 Mar 2024, 14:43 GMT
  2. Status changed to active
    8 Mar 2024, 14:43 GMT
  3. Official notice release published
    8 Mar 2024, 14:43 GMT
  4. Submission deadline changed to 12 Apr 2024, 17:00 BST
    8 Mar 2024, 14:43 GMT
  5. Buyer information updated
    8 Mar 2024, 14:43 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    active
    Published value£275,000
    As part of the council’s annual financial reporting procedures, Cheltenham Borough Council wish to appoint an appropriately qualified and experienced team of Chartered Surveyors and Registered Valuers as External Valuers to undertake formal valuations across a range of properties within our portfolio. The council is looking to appoint the successful party on a fixed three-year term with an option to extend for a further two years, commencing from the 1st September 2024, and covering the period FY2425 to FY2829.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    8 Mar 2024, 14:43 GMT
  2. Submission deadline
    12 Apr 2024, 17:00 BST
Commercial outcome and competition
AwardsNo award published
ContractsNo contract published
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

Cheltenham Borough Council

Contracting authority GB-FTS-62833
View buyer profile
Documents (2)
Official links; attachments are not copied
  • economicSelectionCriteria

    tender
    economicSelectionCriteria
  • technicalSelectionCriteria

    tender
    technicalSelectionCriteria
Related procedures (0)
No data
No related procedures published