Find a TenderAwarded
Published 18 Jul 2024, 11:33 BST

Official UK procurement notice

Property Valuation Services · UK public procurement notice

Official notice

Authority: Cumberland Council (Local council)

ServicesOpen procedure
Published estimate£420,000exc. VAT56.4% below published estimate
Submissions closed 19 Aug 2024awarded 21 Oct 2024
Awarded to Wilks Head & Eve LLP

What is being bought

Published requirement description

Consultant to undertake valuations of all Cumberland owned properties.

CPV: Financial consultancy services · Research consultancy services

The lotProcurement structure

single lot · value published
Lot #1The Council has appointed a consultant to carry out the valuation of its property…AwardedRenewalPublished value£420,000

The Council has appointed a consultant to carry out the valuation of its property assets for financial reporting purposes. Valuations will be undertaken in accordance with the measurement requirements of the International Financial Reporting Standards (IFRS) based Code of Practice on Local Authority Accounting in the United Kingdom (the ‘Code’), published by the Chartered Institute of Public Finance and Accountancy (CIPFA).

Delivery: North West
Extensions: There are options for 2 x 12 month extensions to this contract.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: 40Price: 40
Published sub-criteria (2)
  • Quality: 40
  • Cost: 40
Published award criteria (2)
  • Quality: 40
  • Cost: 40
What this means for your bid
  • Price carries 40 of 80 points: a 10% discount moves about 4 points. This one is won on the number: sharpen the price before polishing the prose.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

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
18 Jul 2024, 11:33 BST
Last source update
29 Nov 2024, 10:04 GMT
Award evaluation window
19 Aug 2024 – …
Authority reference
DN733365
FTS notice number
2024/S 000-038547
Classification (CPV)
Financial consultancy servicesResearch consultancy services
Delivery area
North West (UKD1)
Official registry OCID
ocds-h6vhtk-047e67 Find a Tender

How it was run

Official notice
Run through: ProContract (Due North) · Who buys & how to bid on ProContract
Supplier login requiredLanguage: EN
Access & registration note: Free · short registration with manual review; public opportunity list
Submission deadline
19 Aug 2024, 12:00 BST
Submission channel
{"electronicSubmission"}
Accepted languages
en
Bids opened
19 Aug 2024, 12:00 BST
Detailed submission instructions & authority contactsFrom official release

Timeline

19 Aug 2024 → 29 Nov 2024 · 3 dates
  1. Submission deadline
    19 Aug 2024, 12:00 BST
  2. Bids opened
    19 Aug 2024, 12:00 BST
  3. Notice published
    29 Nov 2024, 10:04 GMT

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    29 Nov 2024, 10:04 GMT

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £183,2001 contract exc. VAT
Bids received 6
Contracts signed 1latest 21 Oct 2024
Awarded toValueDateStatus
Wilks Head & Eve LLP£183,200 †—Awarded

Contracts

Bid statistics published by the authority

BidsSMEVCSEValid bid range
6bids———

Contracting authority & participating public bodies

Cumberland Council

Contracting authorityLocal CouncilRegional or local authorityGeneral public services Cumbria House, 107 - 117 Botchergate, Carlisle, North West, CA1 1RDContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • High Court of LondonReview body London
  • Royal Court of JusticeReview body London

Bidders & participating suppliers

1 commercial party on the notice

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.