Official UK procurement notice
Provision of Global Estate Asset Valuation Services for FCDO
Authority: Foreign, Commonwealth and Development Office (Central government)
What is being bought6 lots · detail below
Published requirement descriptionThe Foreign, Commonwealth and Development Office (FCDO) is awarding three contracts following a multi-lot procurement for the provision of Global Estate Asset Valuation Services in order to meet financial reporting requirements (IRFS). This Procurement Process is being run in accordance with the Open Procedure under Regulation 27 of the Public Contracts Regulation 2015.
Services are divided into three Lots, whereby each lot relates to a specific geographical region.
Lot 1 – Africa
Lot 2 - Asia Pacifica, South Asia and Afghanistan
Lot 3- Americas
Each contract will be for an initial 5 year period with an option to extend for up to a further 2 years.
CPV: Building and facilities management services · Commercial property management services · Financial and insurance services · Institution management services · Land management services · Non-residential property services · Real estate services · Residential property services
Lots and requirements (6)Procurement structure
6 lots · 3 with a published value (£3,319,000 together) · win at most 2 of them · evaluation weights differ by lotLot #1Global Estate Asset Valuation Services - Lot 1 AfricaRenewalPublished value£780,000
The Foreign, Commonwealth and Development Office (FCDO) intends to contract a supplier for Global Estate Asset Valuation Services in Africa.
The FCDO has estate property around the world (including the United Kingdom) and operates in over 280 different locations. The estate comprises Embassies & High Commissions (anything from a stand-alone, freehold building on a secure compound, to a fitted-out leased office in a multi-occupied, high-rise building), visa offices, Residences for Heads of Post and residential buildings for diplomats. Additionally there are individual “legacy” properties such as churches, cemeteries, etc.
The FCDO has a financial reporting requirement (IFRS), supported by HM Treasury Government Financial Reporting Manual, to revalue Estate’s assets to ensure they are well managed, correctly recorded and accurately valued in the annual accounts.
The Estates, Security and Network Directorate (ESND) of the FCDO, on behalf of the Secretary of State for Foreign, Commonwealth and Development Affairs, requires valuations, inspection and rent ceiling assessments of the FCDO Estate and other Government departments, if required.
The scope of this procurement includes valuation and inspection services of the FCDO Estate in Africa. The Successful Supplier will also be required to provide impairment valuations, rent ceiling assessments and ad-hoc consultancy services where requested.
Lot #2Global Estate Asset Valuation Services - Lot 2 Asia Pacifica, South Asia and AfghanistanRenewalPublished value£1,359,000
The Foreign, Commonwealth and Development Office (FCDO) intends to contract a supplier for Global Estate Asset Valuation Services in Asia Pacifica, South Asia and Afghanistan.
The FCDO has estate property around the world (including the United Kingdom) and operates in over 280 different locations. The estate comprises Embassies & High Commissions (anything from a stand-alone, freehold building on a secure compound, to a fitted-out leased office in a multi-occupied, high-rise building), visa offices, Residences for Heads of Post and residential buildings for diplomats. Additionally there are individual “legacy” properties such as churches, cemeteries, etc.
The FCDO has a financial reporting requirement (IFRS), supported by HM Treasury Government Financial Reporting Manual, to revalue Estate’s assets to ensure they are well managed, correctly recorded and accurately valued in the annual accounts.
The Estates, Security and Network Directorate (ESND) of the FCDO, on behalf of the Secretary of State for Foreign, Commonwealth and Development Affairs, requires valuations, inspection and rent ceiling assessments of the FCDO Estate and other Government departments, if required.
The scope of this procurement includes valuation and inspection services of the FCDO Estate in Asia Pacifica, South Asia and Afghanistan. The Successful Supplier will also be required to provide impairment valuations, rent ceiling assessments and ad-hoc consultancy services where requested.
Lot #3Global Estate Asset Valuation Services - Lot 3 AmericasRenewalPublished value£1,180,000
The Foreign, Commonwealth and Development Office (FCDO) intends to contract a supplier for Global Estate Asset Valuation Services in the Americas.
The FCDO has estate property around the world (including the United Kingdom) and operates in over 280 different locations. The estate comprises Embassies & High Commissions (anything from a stand-alone, freehold building on a secure compound, to a fitted-out leased office in a multi-occupied, high-rise building), visa offices, Residences for Heads of Post and residential buildings for diplomats. Additionally there are individual “legacy” properties such as churches, cemeteries, etc.
The FCDO has a financial reporting requirement (IFRS), supported by HM Treasury Government Financial Reporting Manual, to revalue Estate’s assets to ensure they are well managed, correctly recorded and accurately valued in the annual accounts.
The Estates, Security and Network Directorate (ESND) of the FCDO, on behalf of the Secretary of State for Foreign, Commonwealth and Development Affairs, requires valuations, inspection and rent ceiling assessments of the FCDO Estate and other Government departments, if required.
The scope of this procurement includes valuation and inspection services of the FCDO Estate in the Americas. The Successful Supplier will also be required to provide impairment valuations, rent ceiling assessments and ad-hoc consultancy services where requested.
Lot #4Global Estate Asset Valuation Services - Lot 1 AfricaAwardedLot estimate not published
The Foreign, Commonwealth and Development Office (FCDO) intends to contract a supplier for Global Estate Asset Valuation Services in Africa.
The FCDO has estate property around the world (including the United Kingdom) and operates in over 280 different locations. The estate comprises Embassies & High Commissions (anything from a stand-alone, freehold building on a secure compound, to a fitted-out leased office in a multi-occupied, high-rise building), visa offices, Residences for Heads of Post and residential buildings for diplomats. Additionally there are individual “legacy” properties such as churches, cemeteries, etc.
The FCDO has a financial reporting requirement (IFRS), supported by HM Treasury Government Financial Reporting Manual, to revalue Estate’s assets to ensure they are well managed, correctly recorded and accurately valued in the annual accounts.
The Estates, Security and Network Directorate (ESND) of the FCDO, on behalf of the Secretary of State for Foreign, Commonwealth and Development Affairs, requires valuations, inspection and rent ceiling assessments of the FCDO Estate and other Government departments, if required.
The scope of this procurement includes valuation and inspection services of the FCDO Estate in Africa. The Successful Supplier will also be required to provide impairment valuations, rent ceiling assessments and ad-hoc consultancy services where requested.
Lot #5Global Estate Asset Valuation Services – Lot 2 Asia Pacific and South Asia and AfghanistanAwardedLot estimate not published
The Foreign, Commonwealth and Development Office (FCDO) intends to contract a supplier for Global Estate Asset Valuation Services in Asia Pacifica, South Asia and Afghanistan.
The FCDO has estate property around the world (including the United Kingdom) and operates in over 280 different locations. The estate comprises Embassies & High Commissions (anything from a stand-alone, freehold building on a secure compound, to a fitted-out leased office in a multi-occupied, high-rise building), visa offices, Residences for Heads of Post and residential buildings for diplomats. Additionally there are individual “legacy” properties such as churches, cemeteries, etc.
The FCDO has a financial reporting requirement (IFRS), supported by HM Treasury Government Financial Reporting Manual, to revalue Estate’s assets to ensure they are well managed, correctly recorded and accurately valued in the annual accounts.
The Estates, Security and Network Directorate (ESND) of the FCDO, on behalf of the Secretary of State for Foreign, Commonwealth and Development Affairs, requires valuations, inspection and rent ceiling assessments of the FCDO Estate and other Government departments, if required.
The scope of this procurement includes valuation and inspection services of the FCDO Estate in Asia Pacifica, South Asia and Afghanistan. The Successful Supplier will also be required to provide impairment valuations, rent ceiling assessments and ad-hoc consultancy services where requested.
Lot #6Global Estate Asset Valuation Services – Lot 3 AmericasAwardedLot estimate not published
The Foreign, Commonwealth and Development Office (FCDO) intends to contract a supplier for Global Estate Asset Valuation Services in the Americas.
The FCDO has estate property around the world (including the United Kingdom) and operates in over 280 different locations. The estate comprises Embassies & High Commissions (anything from a stand-alone, freehold building on a secure compound, to a fitted-out leased office in a multi-occupied, high-rise building), visa offices, Residences for Heads of Post and residential buildings for diplomats. Additionally there are individual “legacy” properties such as churches, cemeteries, etc.
The FCDO has a financial reporting requirement (IFRS), supported by HM Treasury Government Financial Reporting Manual, to revalue Estate’s assets to ensure they are well managed, correctly recorded and accurately valued in the annual accounts.
The Estates, Security and Network Directorate (ESND) of the FCDO, on behalf of the Secretary of State for Foreign, Commonwealth and Development Affairs, requires valuations, inspection and rent ceiling assessments of the FCDO Estate and other Government departments, if required.
The scope of this procurement includes valuation and inspection services of the FCDO Estate in the Americas. The Successful Supplier will also be required to provide impairment valuations, rent ceiling assessments and ad-hoc consultancy services where requested.
What 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).
Lots publish different evaluation splits; there is no single procedure weighting.
- Staff
- Names and qualifications of delivery staff must be submitted
- Price carries 30 points on every lot: a 10% discount moves about 3 points.
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
- First published
- 28 Nov 2022, 16:11 GMT
- Last source update
- 14 Jul 2023, 17:59 BST
- Award evaluation window
- 13 Mar 2023 – …
- Authority reference
ESND-8994-2022- FTS notice number
2023/S 000-020402- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-0388e1Find a Tender
Publisher note: The requirement will be procured via the Foreign, Commonwealth and Development Office's e-procurement portal: https://fcdo.bravosolution.co.uk. Suppliers, not currently registered on the portal, who are interested in being considered for this opportunity must self-register on the site in order to participate — registration is free and instantaneous. Suppliers already registered on FCDO/Jaggaer will not need to re-register, but will need to complete the full suite of tender documents once issued to be considered for the opportunity.
How it was run
Official notice- Submission deadline
- 13 Mar 2023, 17:00 GMT
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bid validity
- 90 days from the deadline
- Bids opened
- 13 Mar 2023, 17:00 GMT
Timeline
1 Feb 2023 → 14 Jul 2023 · 5 dates- Next notice expected1 Feb 2023
- Submission deadline13 Mar 2023, 17:00 GMT
- Bids opened13 Mar 2023, 17:00 GMT
- Contract starts1 Jun 2023, 00:00 BST
- Notice published14 Jul 2023, 17:59 BST
Notice history
5 events · 3 releases on Find a Tender · since 10 Feb 2023- Published value updated to £3,319,00010 Feb 2023, 14:34 GMTwas £2,500,000
- Status changed to active10 Feb 2023, 14:34 GMT
- Procurement method changed10 Feb 2023, 14:34 GMT
- Deadline published: 13 Mar 2023, 17:00 GMT10 Feb 2023, 14:34 GMT
- Status changed to complete14 Jul 2023, 17:59 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Lot 4 · Global Estate Asset Valuation Services - Lot 1 Africa1 award | |||
| Knight Frank LLP | £780,000 † | — | Awarded |
| Lot 5 · Global Estate Asset Valuation Services – Lot 2 Asia Pacific and South Asia and Afghanistan1 award | |||
| Colliers International Property Consultants Limited | £1,359,000 † | — | Awarded |
| Lot 6 · Global Estate Asset Valuation Services – Lot 3 Americas1 award | |||
| Knight Frank LLP | £1,180,000 † | — | Awarded |
Contracts
Global Estate Asset Valuation Services – Lot 2 Asia Pacific and South Asia and Afghanistan · Colliers International Property Consultants Limited
- Signed
- 4 Jul 2023
- Value
- £1,359,000
- Status
- active
Global Estate Asset Valuation Services - Lot 1 Africa · Knight Frank LLP
- Signed
- 15 Jun 2023
- Value
- £780,000
- Status
- active
Global Estate Asset Valuation Services – Lot 3 Americas · Knight Frank LLP
- Signed
- 15 Jun 2023
- Value
- £1,180,000
- Status
- active
Bid statistics published by the authority
| Lot | Bids | SME | VCSE | Valid bid range |
|---|---|---|---|---|
| 4 · Global Estate Asset Valuation Services - Lot 1 Africa | 2bids | — | — | — |
| 5 · Global Estate Asset Valuation Services – Lot 2 Asia Pacific and South Asia and Afghanistan | 4bids | — | — | — |
| 6 · Global Estate Asset Valuation Services – Lot 3 Americas | 1bids | — | — | — |
Contracting authority & participating public bodies
Bidders & participating suppliers
2 commercial parties on the notice- Colliers International Property Consultants LimitedAwarded supplier
- Knight Frank LLPAwarded supplier
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria