Contract

Business Rates Forecasting and RV Finder

  • Sandwell MBC

F03: Contract award notice

Notice identifier: 2024/S 000-002187

Procurement identifier (OCID): ocds-h6vhtk-040fc1

Published 23 January 2024, 10:20am



Section one: Contracting authority

one.1) Name and addresses

Sandwell MBC

Sandwell Council House, Freeth Street

Oldbury

B69 3DB

Contact

Jessica Prince

Email

jessica_prince@sandwell.gov.uk

Country

United Kingdom

NUTS code

UKG37 - Sandwell

Internet address(es)

Main address

www.sandwell.gov.uk

Buyer's address

www.sandwell.gov.uk

one.4) Type of the contracting authority

Regional or local authority

one.5) Main activity

General public services


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Business Rates Forecasting and RV Finder

Reference number

SMBC 23071

two.1.2) Main CPV code

  • 66171000 - Financial consultancy services

two.1.3) Type of contract

Services

two.1.4) Short description

Business Rates localisation presents challenges for local authorities in relation to the calculation and forecasting of various elements of the business rates retention scheme. As an authority participating in the rates retention pilot scheme in Sandwell we currently retain 100% of the income generated through Business Rates. It is crucial we are able to manage our rating list effectively, forecast changes which may affect net collectable debit and maximise growth through early identification of commercial properties in the area. Rates avoidance is a serious concern and it is important that efforts are made to validate reductions applied as much as possible. In Sandwell large numbers of hereditaments receive Small Business Rates Relief but this will no longer apply if a company/organisation has more than one business in the same name. Sandwell MBC therefore require a company to provide Revenues Forecasting, RV Finder, Small Business Rates Relief Audit and Council Tax Property Finder.

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: £232,000

two.2) Description

two.2.2) Additional CPV code(s)

  • 66171000 - Financial consultancy services
  • 79212100 - Financial auditing services
  • 48440000 - Financial analysis and accounting software package
  • 79412000 - Financial management consultancy services
  • 79212500 - Accounting review services
  • 48441000 - Financial analysis software package

two.2.3) Place of performance

NUTS codes
  • UKG37 - Sandwell

two.2.4) Description of the procurement

Business Rates localisation presents a variety of challenges for local authorities in relation to the calculation and forecasting of the various elements of the business rates retention scheme. As an authority participating in the rates retention pilot scheme in Sandwell we currently retain 100% of the income generated through Business Rates.It is crucial that we are able to manage our rating list effectively, forecast changes which may affect net collectable debit and maximise growth through the early identification of commercial properties in the area.Rates avoidance is a serious concern especially in the current climate and it is important that efforts are made to validate reductions applied as much as possible. In Sandwell large numbers of hereditaments receive Small Business Rates Relief but this will no longer apply if a company/organisation has more than one business in the same name. Sandwell MBC therefore require a company who can provide:• Revenues Forecasting• RV Finder• Small Business Rates Relief Audit• Council Tax property finderThe contract duration is for 4 years from 14 April 2024 – 13 April 2028.

two.2.5) Award criteria

Quality criterion - Name: Quality and Social Value / Weighting: 60

Price - Weighting: 40

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: 2023/S 000-031824


Section five. Award of contract

Contract No

SMBC 23071

Title

Business Rates Forecasting and RV Finder

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

23 January 2024

five.2.2) Information about tenders

Number of tenders received: 2

Number of tenders received from SMEs: 2

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: 2

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

five.2.3) Name and address of the contractor

Inform CPI

60 Cheapside

London

EC2V 6AX

Country

United Kingdom

NUTS code
  • UKI - London
The contractor is an SME

Yes

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

Initial estimated total value of the contract/lot: £232,000

Total value of the contract/lot: £232,000


Section six. Complementary information

six.4) Procedures for review

six.4.1) Review body

The High Court of England

Royal Court of Justice, The Strand

London

WC2A 2LL

Country

United Kingdom