Find a TenderAwarded
Published 2 May 2023, 13:54 BST

Official UK procurement notice

P23-0122: Scottish Enterprise Investment Property Portfolio – Asset Valuation Service

Official notice

Authority: Scottish Enterprise

ServicesOpen procedureSME suitable
Published estimate£300,000exc. VAT21% below published estimate
Submissions closed 6 Jun 2023awarded 1 Aug 2023
Awarded to Graham + Sibbald

What is being bought

Published requirement description

Scottish Enterprise is seeking to commission a supplier to provide a property asset valuation service for Scottish Enterprise’s investment property portfolio. The value of the land and property assets is required to ensure that the value of the property assets of Scottish Enterprise are properly represented in its financial accounts and is to be carried out in accordance with the RICS Appraisal and Valuation Standards.

The requirement is to prepare bi-annual and annual valuations of the properties on the basis of “fair value” which to all intents and purposes will be the open market value. Scottish Enterprise’s investment property portfolio is currently valued at GBP149M (as of March 2023), and comprises:

  • Industrial buildings
  • Offices
  • Business parks
  • Business centres
  • Energy, Science and Technology parks
  • Development land
  • Other property interests

This contract will for a three-year period commencing on c.1 August 2023. After this time, Scottish Enterprise will have the option to extend the contract for a further one-year period. The anticipated value of the contract over the maximum four year duration is anticipated as being between GBP200,000 and GBP300,000 (excl VAT).

  • Recurrence: This service may be re-tendered towards the end of the contract, during 2026 or 2027, subject to the additional 12 month extension being taken forward. Scottish Enterprise publishes a Forward Plan of procurement activity on https://www.scottish-enterprise.com/.

CPV: Building sale or purchase services · Buying and selling of real estate · Land sale or purchase services · Non-residential property services · Real estate agency services on a fee or contract basis · Real estate services

The lotProcurement structure

single lot · value published
Lot #1AwardedRenewalPublished value£300,000
Delivery: Scotland
Extensions: Following the initial period of 36 months, Scottish Enterprise reserves the right to extend the contract by a further period of 12 months. · Following the initial period of 36 months, Scottish Enterprise reserves the right to extend the contract by a further period of 12 months.Variant bids: not allowed

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: 100Price: 40
Published sub-criteria (6)
  • Methodology including Innovation: 40
  • Timetable including milestones for objectives: 30
  • Project Team Structure: 20
  • Fair Work First: 5
  • Information Security: 5
  • price: 40
Published award criteria (7)
  • Prompt Payment (only relevant where sub-contractors are proposed): Pass/Fail
  • Methodology including Innovation: 40
  • Timetable including milestones for objectives: 30
  • Project Team Structure: 20
  • Fair Work First: 5
  • Information Security: 5
  • Price: 40
Conditions of participation3
  • Suitability

    Statement for SPD question 4A2B - Bidders must confirm that they hold Royal Institution of Chartered Surveyors (RICS) membership/accreditation or equivalent. Confirmation should be provided within the Tender Response Document (ITT Appendix 2 – Part 1).

  • Economic & financial standing

    The relevant selection criteria are included in the SPD Scotland online module.

  • Technical & professional ability

    The relevant selection criteria are included in the SPD Scotland online module.

Staff
Names and qualifications of delivery staff must be submitted
What this means for your bid
  • Price carries 40 of 140 points: a 10% discount moves about 4 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

Yes · This service may be re-tendered towards the end of the contract, during 2026 or 2027, subject to the additional 12 month extension being taken forward. Scottish Enterprise publishes a Forward Plan of procurement activity on www.scottish-enterprise.com ↗.

First published
2 May 2023, 13:54 BST
Last source update
1 Aug 2023, 15:37 BST
Award evaluation window
6 Jun 2023 – …
Authority reference
P23-0122
FTS notice number
2023/S 000-022353
Classification (CPV)
Building sale or purchase servicesBuying and selling of real estateLand sale or purchase servicesNon-residential property servicesReal estate agency services on a fee or contract basisReal estate services
Delivery area
Scotland (UKM)
Official registry OCID
ocds-h6vhtk-03c59f Find a Tender
Contract terms
Performance terms

Terms and conditions are included within the Invitation to Tender (ITT) documentation.

Review and risk notes
Review procedure

In the first instance, contact the Head of Facilities Management and Procurement at Scottish Enterprise, with any concerns or enquiries. Email: www.scottish-enterprise.com/help/contact-us ↗.

An economic operator that suffers, or risks suffering, loss or damage attributable to a breach of duty under the Public Contracts (Scotland) Regulations 2015, may bring proceedings that will be started in the High Court.

Publisher note: SPD Statement for 2A.17 – Form of Participation (Notably as part of a group, consortium, joint venture or similar). Any contract will be entered into with the nominated lead organisation and all members of the consortium, who will in these circumstances each be required to execute said contract together with all ancillary documentation, evidencing their joint and several liability in respect of the obligations and liabilities of the contract. It will be for members of the consortium to sort out their respective duties and liabilities amongst each other. For administrative purposes, any associated documentation will be sent to the nominated lead organisation. SPD Statement for 2C.1 - Where the main bidder relies on the capacities of other entities in order to meet the selection criteria, the bidder must provide a separate SPD response setting out the information required under SPD (Scotland): Part II (sections A and B); Part III exclusion grounds; the relevant part of Section IV selection criteria; and Part V (if applicable) for each of the entities concerned. SPD Statement for 2D.1.2 – If the bidder proposes to subcontract any part(s) of the service and those sub-contractors are not relied upon, they should arrange for a separate SPD response from each potential subcontractor. The subcontractors must complete the relevant parts of the SPD (Scotland) (Sections A and B of Part II and Part III only) to self-declare whether there are grounds for their exclusion. This may be requested at the selection stage or prior to the subcontractor commencing work on the contract. (SC Ref:740005)

How it was run

Official notice
Run through: Public Contracts Scotland · Who buys & how to bid on PCS
Supplier login requiredLanguage: EN
Access & registration note: Free single registration for Scotland; PCS-Tender (Jaggaer) for full bidding

Tender documents are also served through a separate tool: http://www.publiccontractsscotland.gov.uk ↗

Submission deadline
6 Jun 2023, 11:00 BST
Submission channel
{"electronicSubmission"}
Accepted languages
en
Participation fee
document
Bid validity
90 days from the deadline
Bids opened
6 Jun 2023, 12:00 BST
Detailed submission instructions & authority contactsFrom official release

Timeline

6 Jun 2023 → 1 Aug 2023 · 3 dates
  1. Submission deadline
    6 Jun 2023, 11:00 BST
  2. Bids opened
    6 Jun 2023, 12:00 BST
  3. Notice published
    1 Aug 2023, 15:37 BST

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    1 Aug 2023, 15:37 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £237,0001 contract exc. VAT
Bids received 81 from SMEs
Contracts signed 1latest 1 Aug 2023
Awarded toValueDateStatus
Graham + Sibbald£237,000 †—Awarded

Contracts

  • Contract 022353-2023-P23-0122: Scottish Enterprise Investment Property Portfolio – Asset Valuation Service-1 · Graham + Sibbald

    Signed
    1 Aug 2023
    Value
    £237,000
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
8bids · 8 electronic · 8 from abroad1——

Contracting authority & participating public bodies

Scottish Enterprise

Contracting authorityRegional or local agency/officeEconomic affairs Atrium Court, 50 Waterloo Street, Glasgow, Scotland, G2 6HQContact name, email Published organisation website ↗

Dispute resolution & review bodies

  • Glasgow Sheriff Court and Justice of the Peace CourtReview body GlasgowContact phone
  • Scottish GovernmentMediation bodyReview contact point GlasgowContact email, phone

Bidders & participating suppliers

1 commercial party on the notice
  • Graham + SibbaldAwarded supplier 233 St Vincent Street, Glasgow, Scotland, G2 5QY

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.