Section one: Contracting authority
one.1) Name and addresses
Norwich City Council
City Hall
NORWICH
NR21NH
Country
United Kingdom
Region code
UKH15 - Norwich and East Norfolk
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
https://www.norwich.gov.uk/site/
Buyer's address
https://in-tendorganiser.co.uk/norwich/aspx/itlogin.aspx
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
Investment Property Valuation
two.1.2) Main CPV code
- 79210000 - Accounting and auditing services
two.1.3) Type of contract
Services
two.1.4) Short description
The Council has a need to obtain regular valuations of non-housing properties for accounting and insurance purposes.
Specifically, fixed asset valuation data is required to be provided for inclusion in the Council's Statutory Statement of Accounts (SOA) in accordance with:
• The Council's Closure of accounts table to ensure the statutory deadlines for Public Inspection of the Statement of Accounts are met.
• The CIPFA Code of Practice on Local Authority Accounting in the United Kingdom and any other relevant CIPFA Code.
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: £256,000
two.2) Description
two.2.3) Place of performance
NUTS codes
- UKH15 - Norwich and East Norfolk
two.2.4) Description of the procurement
The Supplier is required to provide fixed asset valuation data for inclusion in the Buyer's Statutory Statement of Accounts (SOA) in accordance with:
- The Council's Closure of accounts table to ensure the statutory deadline for Public Inspection of the Statement of Accounts is met.
- The CIPFA Code of Practice on Local Authority Accounting in the United Kingdom and any other relevant CIPFA Code.
two.2.5) Award criteria
Price
two.2.11) Information about options
Options: Yes
Description of options
Initial contract term is for three years with an option to extend for a further year.
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Award of a contract without prior publication of a call for competition in the cases listed below
- The procurement falls outside the scope of application of the regulations
Explanation:
Contract is a call-off from Estate Management Services (RM6168) framework - Lot 5: Valuation and Compulsory Purchase Orders via Crown Commercial Services (CCS). Asset valuations and associated documentation. Available for all public sector organisations. Under the terms of the framework agreement, a Direct Award procedure is permitted to the most suitable supplier on the provision that the authority has followed its own internal governance requirements.
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: Yes
Section five. Award of contract
Contract No
NRW/20069
Title
Investment Property Valuation
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
1 November 2024
five.2.2) Information about tenders
Number of tenders received: 1
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
NPS Property Consultants Limited
Norwich
Country
United Kingdom
NUTS code
- UKH15 - Norwich and East Norfolk
Companies House
02888194
The contractor is an SME
Yes
five.2.4) Information on value of contract/lot (excluding VAT)
Total value of the contract/lot: £256,000
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
Norwich City Council
Norwich
Country
United Kingdom