Contract

RMCB 051 Asset Valuation Programme

  • Shropshire Council

F03: Contract award notice

Notice identifier: 2025/S 000-007191

Procurement identifier (OCID): ocds-h6vhtk-04a368 (view related notices)

Published 25 February 2025, 4:05pm



Section one: Contracting authority

one.1) Name and addresses

Shropshire Council

Shirehall

Shrewsbury

SY2 6ND

Contact

Pocourement Team

Email

procurement@shropshire.gov.uk

Telephone

+44 1743252993

Country

United Kingdom

Region code

UKG22 - Shropshire CC

Internet address(es)

Main address

https://www.shropshire.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

RMCB 051 Asset Valuation Programme

Reference number

RMCB 051

two.1.2) Main CPV code

  • 70332000 - Non-residential property services

two.1.3) Type of contract

Services

two.1.4) Short description

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.

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: £190,000

two.2) Description

two.2.3) Place of performance

NUTS codes
  • UKG22 - Shropshire CC
Main site or place of performance

Shropshire CC

two.2.4) Description of the procurement

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.

two.2.5) Award criteria

Quality criterion - Name: Quality / Weighting: 60

Cost criterion - Name: 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: 2024/S 000-034257


Section five. Award of contract

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

23 December 2024

five.2.2) Information about tenders

Number of tenders received: 3

Number of tenders received from SMEs: 1

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: 3

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

five.2.3) Name and address of the contractor

Bruton Knowles Ltd

Olympus House, Olympus Park, Quedgeley

Gloucester

GL2 4NF

Email

notices@brutonknowles.co.uk

Telephone

+44 7719092908

Country

United Kingdom

NUTS code
  • UKK13 - Gloucestershire
National registration number

12481998

The contractor is an SME

Yes

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

Total value of the contract/lot: £190,000


Section six. Complementary information

six.3) Additional information

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

six.4) Procedures for review

six.4.1) Review body

Shropshire Council

Shrewsbury

SY2 6ND

Country

United Kingdom

six.4.2) Body responsible for mediation procedures

See above

Shrewsbury

Country

United Kingdom