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Official procurement procedure

INVITATION TO TENDER FOR THE PROVISION OF PROPERTY ASSET CONSULTANCY SERVICES

Real estate services
South East (UKJ3)
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Basingstoke & Deane Borough Council: "INVITATION TO TENDER FOR THE PROVISION OF PROPERTY ASSET CONSULTANCY SERVICES". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityBasingstoke & Deane Borough CouncilScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: Basingstoke & Deane Borough Council
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Basingstoke & Deane Borough Council. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
3.1Bids / 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: 9 active published awards; 8 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. Published-to-award variance 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 Unpublished data stays unknown.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 AuthorityBasingstoke & Deane Borough Council
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published25 Apr 2023, 11:36 BST
Last source update25 Apr 2023, 11:36 BST
Recurring procurementNot published
ClassificationReal estate services
Delivery area
South East (UKJ3)
OCIDocds-h6vhtk-0392e5
What is being bought
Basingstoke and Deane Borough Council (BDBC) is seeking to procure asset Valuation Consultancy Services for asset valuations to be included in the Council's accounts and financial statements. BDBC has a significant commercial property investment portfolio, all of which is to be valued by external consultants, on an annual basis. The operational portfolio is also to be valued within this contract, with 1/3 of the operational portfolio valued each year of the contract. The investment element of the portfolio in March 2022 in terms of asset valuation was valued at circa £339m and the operational and car park portfolio was valued at circa £57m. BDBC wishes to procure asset valuation consultancy services in connection with the annual valuation of its property investment portfolio for the next 3 years, with an option to BDBC to extend for a further year.
What changed
From the official release history
  1. Status changed to complete
    25 Apr 2023, 11:36 BST
  2. Official notice release published
    25 Apr 2023, 11:36 BST
  3. Submission deadline changed to published date
    25 Apr 2023, 11:36 BST
  4. Status changed to active
    20 Dec 2022, 13:47 GMT
  5. Official notice release published
    20 Dec 2022, 13:47 GMT
  6. Submission deadline changed to 8 Feb 2023, 11:00 GMT
    20 Dec 2022, 13:47 GMT
  7. Buyer information updated
    20 Dec 2022, 13:47 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    Basingstoke and Deane Borough Council (BDBC) was seeking to procure asset Valuation Consultancy Services for asset valuations to be included in the Council's accounts and financial statements. BDBC has a significant commercial property investment portfolio, all of which is to be valued by external consultants, on an annual basis. The operational portfolio is also to be valued within this contract, with 1/3 of the operational portfolio valued each year of the contract. The investment element of the portfolio in March 2022 in terms of asset valuation was valued at circa £339m and the operational and car park portfolio was valued at circa £57m. BDBC wishes to procure asset valuation consultancy services in connection with the annual valuation of its property investment portfolio for the next 3 years, with an option to BDBC to extend for a further year.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    25 Apr 2023, 11:36 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 20 Mar 2023, 00:00 GMT · £505,675
Commercial outcome and competition
Awards
MONTAGU EVANS LLP
Not published · Not published · active
Contracts
INVITATION TO TENDER FOR THE PROVISION OF PROPERTY ASSET CONSULTANCY SERVICES
£505,675 · signed 20 Mar 2023, 00:00 GMT · active
Bid statistics
bids: 4 (lot 1)
Buyer and organisations in this procedure

Basingstoke & Deane Borough Council

Contracting authority GB-FTS-8470
View buyer profile

  • Basingstoke & Deane Borough Council
    buyer

    Civic Offices, BASINGSTOKE, UKJ3, RG214AH
    procurement@basingstoke.gov.uk

  • High Court of England and Wales
    reviewBody

    Royal Courts of Justice, London, WC2A 2LL

  • Montagu Evans LLP
    supplier

    GB-COH: OC312072
    70 St Mary Axe, London, UKJ3, EC3A 8BE
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published