Official UK procurement notice
RMCB 051 Asset Valuation Programme
Authority: Shropshire Council (Local council)
What is being bought
Published requirement descriptionThis is an award notice for an RICS Regulated firm to provide valuation services for the annual asset valuation programme and ad hoc valuation advice as required.
- Recurrence: 5 years
CPV: Non-residential property services
The lotProcurement structure
single lot · value publishedLot #1This is an award notice for an RICS Regulated firm to provide valuation services for…AwardedRenewalPublished value£200,000
This is an award notice for an RICS Regulated firm to provide valuation services for the annual asset valuation programme and ad hoc valuation advice as required.
The Council holds a diverse land and property portfolio of around 460 assets, all located within the county and with a balance sheet value of c.£500m. Shropshire itself is a rural county with a population of 327,200 across the County town of Shrewsbury, market towns and rural settlements.
Property assets include commercial retail, office and industrial sites, accommodation properties, schools, car parks, waste and highways sites, smallholdings and land held on both freehold and leasehold titles. The assets are held as either Investment or Property Plant and Equipment, Surplus or Held for Sale categories.
The appointed valuers will need to be qualified and competent to value all types of freehold and leasehold property asset, complying with both the requirements of the RICS Valuation Standards and CIPFA regulations. Valuations are on a Market Value Basis, Existing Use or Depreciated Replacement Cost basis.
Valuations are required to be presented as a land/building split with an estimate of the remaining useful life for PPE and Surplus valuations. The Council has a componentisation policy which is to be implemented based on the asset values.
The appointment will be for three years with an option to extend for a further two years.
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).
Published award criteria (2)
- Quality: 60
- Price: 40
- Suitability
see tender documentation
- Economic & financial standing
see tender documentation
Minimum: see tender documentation - Technical & professional ability
see tender documentation
Minimum: see tender documentation - Technical & professional ability
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- Staff
- Names and qualifications of delivery staff must be submitted
- Price carries 40 of 100 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 · 5 years
- First published
- 27 Sept 2024, 10:05 BST
- Last source update
- 25 Feb 2025, 16:05 GMT
- Award evaluation window
- 28 Oct 2024 – …
- Authority reference
RMCB 051- FTS notice number
2025/S 000-007191- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-04a368Find a Tender
Publisher note: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement. To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=909891775 GO Reference: GO-2025225-PRO-29558782
How it was run
Official notice- Submission deadline
- 28 Oct 2024, 12:00 GMT
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bid validity
- 90 days from the deadline
- Bids opened
- 28 Oct 2024, 12:00 GMT
Timeline
23 Sept 2024 → 25 Feb 2025 · 4 dates- Contract starts23 Sept 2024, 00:00 BST
- Submission deadline28 Oct 2024, 12:00 GMT
- Bids opened28 Oct 2024, 12:00 GMT
- Notice published25 Feb 2025, 16:05 GMT
Notice history
1 event · 3 releases on Find a Tender- Status changed to complete25 Feb 2025, 16:05 GMT
Published amendments (1 · 0 deadline changes)
| When | What | Before | After | Shift |
|---|---|---|---|---|
| — | Bid openingConditions for opening of tenders: · IV.2.7 | 28 Oct 2024 | 11 Nov 2024 | +14 d |
The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement. For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Shrewsbury:-Non-residen…
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Bruton Knowles LLP | £190,000 † | — | Awarded |
Contracts
Contract 007191-2025-1 · Bruton Knowles LLP
- Signed
- 23 Dec 2024
- Value
- £190,000
- Period
- … – 22 Sept 2027
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 3bids · 3 electronic | 1 | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- See aboveMediation body
Bidders & participating suppliers
1 commercial party on the notice- Bruton Knowles LtdAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.