Official UK procurement notice
P23-0122: Scottish Enterprise Investment Property Portfolio – Asset Valuation Service
Authority: Scottish Enterprise
What is being bought
Published requirement descriptionScottish 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 publishedWhat it takes to wini
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 morei
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).
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
- 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
- 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)
- Delivery area
- Official registry OCID
ocds-h6vhtk-03c59fFind a Tender
- Performance terms
Terms and conditions are included within the Invitation to Tender (ITT) documentation.
- 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 noticeTender 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
Timeline
6 Jun 2023 → 1 Aug 2023 · 3 dates- Submission deadline6 Jun 2023, 11:00 BST
- Bids opened6 Jun 2023, 12:00 BST
- Notice published1 Aug 2023, 15:37 BST
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete1 Aug 2023, 15:37 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| 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
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 8bids · 8 electronic · 8 from abroad | 1 | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- Glasgow Sheriff Court and Justice of the Peace CourtReview body
- Scottish GovernmentMediation bodyReview contact point
Bidders & participating suppliers
1 commercial party on the notice- Graham + SibbaldAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.