Contract

Depreciated Replacement Cost Valuation

  • Transport for Wales

F03: Contract award notice

Notice identifier: 2021/S 000-002135

Procurement identifier (OCID): ocds-h6vhtk-028fad

Published 3 February 2021, 10:48am



Section one: Contracting authority

one.1) Name and addresses

Transport for Wales

3 Llys Cadwyn, Taff Street

Pontypridd

CF37 4TH

Contact

Leanne Millard

Email

Procurement@tfw.wales

Telephone

+44 2921673434

Country

United Kingdom

NUTS code

UKL - WALES

Internet address(es)

Main address

http://trc.cymru

Buyer's address

https://www.sell2wales.gov.wales/search/Search_AuthProfile.aspx?ID=AA50685

one.2) Information about joint procurement

The contract is awarded by a central purchasing body

one.4) Type of the contracting authority

Body governed by public law

one.5) Main activity

Other activity

Transport related activities


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Depreciated Replacement Cost Valuation

Reference number

TfW292

two.1.2) Main CPV code

  • 79419000 - Evaluation consultancy services

two.1.3) Type of contract

Services

two.1.4) Short description

Transport for Wales (TfW) has procured the services of an advisor to provide evidence to support the valuation assessment of the Core Valleys Lines rail network for financial reporting purposes for the financial year ending 31 March 2021 and future periods.

two.1.6) Information about lots

This contract is divided into lots: No

two.1.7) Total value of the procurement (excluding VAT)

Value excluding VAT: £300,000

two.2) Description

two.2.2) Additional CPV code(s)

  • 79419000 - Evaluation consultancy services
  • 71600000 - Technical testing, analysis and consultancy services
  • 71621000 - Technical analysis or consultancy services

two.2.3) Place of performance

NUTS codes
  • UKL - WALES
Main site or place of performance

Across the Welsh rail network

two.2.4) Description of the procurement

Transport for Wales (TfW) has procured experienced consultants to undertake valuation of assets and provide information on the Depreciated Replacement Costs across our Core Valley Lines (CVL) in South Wales.

The DRC valuation will be reported in the financial statements of Transport for Wales and will be used for consolidation within the Welsh Government group financial statements.

The appointed advisor is expected to provide input in the following areas:

1 – Developing an excel based valuation model,

2 - Developing asset unit costs based on the asset categories

3 – Quantifying risk and other uplifts

4 – Assisting TfW in quantifying the useful economic lives of the assets

5 – Assisting TfW in quantifying the remaining useful economic life of the assets

6 – Undertaking an annual adjustment to the asset value

two.2.5) Award criteria

Quality criterion - Name: Technical / Weighting: 70

Quality criterion - Name: Methodology and Approach / Weighting: 25%

Quality criterion - Name: Timetable and Resource / Weighting: 20%

Quality criterion - Name: Project Management / Weighting: 5%

Quality criterion - Name: Skills and Expertise / Weighting: 20%

Price - Weighting: 30

two.2.11) Information about options

Options: No

two.2.13) Information about European Union Funds

The procurement is related to a project and/or programme financed by European Union funds: No


Section four. Procedure

four.1) Description

four.1.1) Type of procedure

Open procedure

four.1.8) Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: Yes

four.2) Administrative information

four.2.1) Previous publication concerning this procedure

Notice number: 2020/S 208-509171


Section five. Award of contract

Contract No

C000292.00

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

21 December 2020

five.2.2) Information about tenders

Number of tenders received: 4

Number of tenders received from SMEs: 0

Number of tenders received from tenderers from other EU Member States: 0

Number of tenders received from tenderers from non-EU Member States: 0

Number of tenders received by electronic means: 4

The contract has been awarded to a group of economic operators: No

five.2.3) Name and address of the contractor

Atkins

2 Capital Quarter, Tyndall Street

Cardiff

CF104BZ

Email

transportationleads@atkinsglobal.com

Telephone

+44 1332225523

Country

United Kingdom

NUTS code
  • UKL22 - Cardiff and Vale of Glamorgan
The contractor is an SME

No

five.2.4) Information on value of contract/lot (excluding VAT)

Initial estimated total value of the contract/lot: £300,000

Total value of the contract/lot: £300,000


Section six. Complementary information

six.3) Additional information

The final contract price referenced above in V2.4 is an estimate and the actual price of the contract may differ. The exact figure has not been provided due to its commercially sensitive nature.

(WA Ref:106856)

six.4) Procedures for review

six.4.1) Review body

High Court

Royal Courts of Justice, The Strand

London

WC2A 2LL

Telephone

+44 2079477501

Country

United Kingdom