Section one: Contracting authority
one.1) Name and addresses
Huntingdonshire District Council
Huntingdon District Council, Pathfinder House, St Marys Street
Huntingdon
PE29 3TN
Contact
Ms Sarah Youthed
Sarah.Youthed@huntingdonshire.gov.uk
Country
United Kingdom
Region code
UKH - East of England
Internet address(es)
Main address
https://www.huntingdonshire.gov.uk/#
Buyer's address
https://www.huntingdonshire.gov.uk/#
one.2) Information about joint procurement
The contract is awarded by a central purchasing body
one.3) Communication
Access to the procurement documents is restricted. Further information can be obtained at
https://procontract.due-north.com/Advert/Index?advertId=65c8cd40-3d4e-ed11-811a-005056b64545
Additional information can be obtained from the above-mentioned address
Tenders or requests to participate must be submitted electronically via
https://procontract.due-north.com/Advert/Index?advertId=65c8cd40-3d4e-ed11-811a-005056b64545
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
The Provision of Asset Valuation Services
Reference number
DN638373
two.1.2) Main CPV code
- 70000000 - Real estate services
two.1.3) Type of contract
Services
two.1.4) Short description
Huntingdonshire District Council (HDC) wishes to appoint a professional and experienced supplier to provide expertise with its Asset Valuations.
Property valuations for the Council should be completed in accordance with the CIPFA/LASAAC Code of Practice on Local Authority Accounting (‘the Code’) and the Royal Institution of Chartered Surveyors (RICS) Valuation Standards (Red Book).
two.1.6) Information about lots
This contract is divided into lots: No
two.2) Description
two.2.2) Additional CPV code(s)
- 71315300 - Building surveying services
two.2.3) Place of performance
NUTS codes
- UKH - East of England
two.2.4) Description of the procurement
The Council has a 3-year rolling programme of valuations of assets, the current approach is allowable under the new Code of Practice interpretation of International Financial Reporting Standards.
Year 1 – Leisure Centres and Investment Properties
Year 2 – Offices & Depots, Potential Building Plots and Investment Properties
Year 3 – Remaining OLB assets and Investment Properties
This contract is expected to commence in December 2022 and be for a term of 3 years plus the option to extend for up to 12 months due to potential audit queries, subject to satisfactory performance and service requirements.
Valuations of the Council’s land and properties should be considered on an existing use basis, in addition to the valuations we would expect to be provided:
• Existing Use Values.
• An estimate of the remaining residual value and useful life of the properties valued.
• An apportionment of values between land and building for depreciation purposes only.
• Components as per the Componentisation policy will not require valuation but should be reviewed for obsolescence.
• Review the classification category the asset should be held i.e., Investment/OLB/Surplus/Available for sale etc.
• Establish the appropriate basis of valuation (and comment on reason for change if applicable).
• Identify whether assets are specialised or non-specialised.
whether the property was visited or not.
two.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
End date
8 December 2025
This contract is subject to renewal
No
two.2.10) Information about variants
Variants will be accepted: No
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.2.2) Time limit for receipt of tenders or requests to participate
Date
14 November 2022
Local time
12:00pm
four.2.4) Languages in which tenders or requests to participate may be submitted
English
four.2.7) Conditions for opening of tenders
Date
21 November 2022
Local time
12:00pm
Section six. Complementary information
six.1) Information about recurrence
This is a recurrent procurement: No
six.4) Procedures for review
six.4.1) Review body
Huntingdonshire District Council
Huntingdon
Country
United Kingdom