Find a TenderAwarded
Published 31 Jul 2024, 12:18 BST

Official UK procurement notice

HAR5957 P5883 General Valuations

Official notice

Authority: Tower Hamlets (Public body)·Consortium: 2 public authorities

2 lotsServicesOpen procedure
Awarded value£877,4002 contracts · exc. VAT
Submissions closed 27 Aug 2024awarded 30 Jan 2025
Awarded to Lambert Smith Hampton, Wilks Head & Eve LLP2 awards
Contract term 3 yrs 7 moends 31 Mar 2028 · extension options published · starts 2 Sept 2024

What is being bought2 lots · detail below

Published requirement description

The Council are seeking to appoint a qualified Chartered Surveying company to deliver a range of specialist valuation services across its corporate property and housing estate, as set out below.

a) Lot 1 – Annual Asset Valuations for Accounting Purposes & Reinstatement Valuations for Insurance Purposes

Provide a comprehensive valuation service for accounting and insurance purposes. The contract also includes a Rating advice service, identifying and appealing compiled list errors, material change appeals and ad hoc requests such as Section 44a certificates and other temporary allowances or reductions.

b) Lot 2 – Rating Advice 2023 Rating List

Provide a Rating advice service, identifying and appealing compiled list errors, material change appeals and ad hoc requests such as Section 44a certificates and other temporary allowances or reductions.

CPV: Surveying services

Lots and requirements (2)Procurement structure

2 lots · no lot values published
Lot #1HAR5957 Lot 1: Annual Asset Valuations for Accounting Purposes & Reinstatement Valuations for Insurance PurposesAwarded 3 yrs 7 mo

Lot 1 – Annual Asset Valuations for Accounting Purposes & Reinstatement Vauations for Insurance Purposes

Provide a comprehensive valuation service for accounting and insurance purposes. The contract also includes a Rating advice service, identifying and appealing compiled list errors, material change appeals and ad hoc requests such as Section 44a certificates and other temporary allowances or reductions.

Contract period: 2 Sept 2024 – 31 Mar 2028 (3 yrs 7 mo)
Delivery: London
Extensions: Contract Start Date: 13th January 2025 Contract Review Date: 12th January 2028 Contract End Date:12th January 2029 (3 + 1) Contract Duration: 3 + 1 yearsVariant bids: not allowed
Lot #2Rating Advice 2023 Rating ListAwarded 3 yrs 7 mo

Lot 2 – Rating Advice 2023 Rating List

Provide a Rating advice service, identifying and appealing compiled list errors, material change appeals and ad hoc requests such as Section 44a certificates and other temporary allowances or reductions.

Contract period: 2 Sept 2024 – 31 Mar 2028 (3 yrs 7 mo)
Delivery: London
Extensions: Contract Start Date: 13th January 2025 Contract Review Date: 12th January 2028 Contract End Date:12th January 2029 (3 + 1) Contract Duration: 3 + 1 yearsVariant bids: not allowed

Procedure terms & legal framework

From the official record
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
No (one-off requirement)
First published
31 Jul 2024, 12:18 BST
Last source update
15 Jul 2025, 15:49 BST
Award evaluation window
27 Aug 2024 – …
Authority reference
DN702564
FTS notice number
2025/S 000-040127
Classification (CPV)
Surveying services
Delivery area
London (UKI)
Official registry OCID
ocds-h6vhtk-04864b Find a Tender

How it was run

Official notice
Run through: portal not identified
Language: EN
Submission deadline
27 Aug 2024, 17:00 BST
Submission channel
{"electronicSubmission"}
Accepted languages
en
Bids opened
27 Aug 2024, 17:00 BST
Detailed submission instructions & authority contactsFrom official release

Timeline

27 Aug 2024 → 15 Jul 2025 · 4 dates
  1. Submission deadline
    27 Aug 2024, 17:00 BST
  2. Bids opened
    27 Aug 2024, 17:00 BST
  3. Contract starts
    2 Sept 2024, 00:00 BST
  4. Notice published
    15 Jul 2025, 15:49 BST

Notice history

2 events · 2 releases on Find a Tender · since 15 Jul 2025
  1. Status changed to complete
    15 Jul 2025, 15:49 BST
  2. Buyer details updated
    15 Jul 2025, 15:49 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 2
Awarded value £877,4002 contracts exc. VAT
Bids received 10
Contracts signed 2latest 30 Jan 2025
Awarded toValueDateStatus
Lot 1 · HAR5957 Lot 1: Annual Asset Valuations for Accounting Purposes & Reinstatement Valuations for Insurance Purposes1 award
Lambert Smith HamptonHAR5957 P5883 Lot 1: Annual Asset Valuations for Accounting Purposes & Reinstatement Valuations for Insurance Purposes——Awarded
Lot 2 · Rating Advice 2023 Rating List1 award
Wilks Head & Eve LLPSMEHAR5957 P5883 Lot 2: Rating Advice 2023 Rating List——Awarded

Contracts

  • HAR5957 P5883 Lot 1: Annual Asset Valuations for Accounting Purposes & Reinstatement Valuations for Insurance Purposes · Lambert Smith Hampton

    Signed
    30 Jan 2025
    Value
    £827,400
    Period
    … – 31 Mar 2028
    Status
    active
  • HAR5957 P5883 Lot 2: Rating Advice 2023 Rating List · Wilks Head & Eve LLPSME

    Signed
    29 Jan 2025
    Value
    £50,000
    Period
    … – 31 Mar 2028
    Status
    active

Bid statistics published by the authority

LotBidsSMEVCSEValid bid range
1 · HAR5957 Lot 1: Annual Asset Valuations for Accounting Purposes & Reinstatement Valuations for Insurance Purposes5bids———
2 · Rating Advice 2023 Rating List5bids———

Contracting authority & participating public bodies

2 public bodies on the notice

Tower Hamlets

Contracting authorityPublic bodyRegional or local authorityGeneral public services 160 Whitechapel Road London, London, London, E1 1BJContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • Royal Courts of JusticeReview body London

Bidders & participating suppliers

2 commercial parties on the notice

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.