Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
Staffordshire County Council
1 Staffordshire Place, Tipping Street,
Stafford
ST162DH
UK
Contact person: Laura Kendall
E-mail: laura.kendall@staffordshire.gov.uk
NUTS: UKG2
Internet address(es)
Main address: www.staffordshire.gov.uk
I.1) Name and addresses
Cheshire West and Chester Borough Council
Chester
UK
E-mail: laura.kendall@staffordshire.gov.uk
NUTS: UKD63
Internet address(es)
Main address: www.staffordshire.gov.uk
I.1) Name and addresses
Derbyshire County Council
Matlock
UK
E-mail: laura.kendall@staffordshire.gov.uk
NUTS: UKF1
Internet address(es)
Main address: www.staffordshire.gov.uk
I.1) Name and addresses
Leicestershire County Council
Glenfield
UK
E-mail: laura.kendall@staffordshire.gov.uk
NUTS: UKF22
Internet address(es)
Main address: www.staffordshire.gov.uk
I.1) Name and addresses
Nottinghamshire County Council
Newark
UK
E-mail: laura.kendall@staffordshire.gov.uk
NUTS: UKF1
Internet address(es)
Main address: www.staffordshire.gov.uk
I.1) Name and addresses
Shropshire Council
Shrewsbury
UK
E-mail: laura.kendall@staffordshire.gov.uk
NUTS: UKG22
Internet address(es)
Main address: www.staffordshire.gov.uk
I.1) Name and addresses
Worcestershire County Council
Worcester
UK
E-mail: laura.kendall@staffordshire.gov.uk
NUTS: UKG12
Internet address(es)
Main address: www.staffordshire.gov.uk
I.1) Name and addresses
Wolverhampton City Council
Wolverhampton
UK
E-mail: laura.kendall@staffordshire.gov.uk
NUTS: UKG39
Internet address(es)
Main address: www.staffordshire.gov.uk
I.1) Name and addresses
LGPS Central
Wolverhampton
UK
E-mail: laura.kendall@staffordshire.gov.uk
NUTS: UKG39
Internet address(es)
Main address: www.staffordshire.gov.uk
I.2) Joint procurement
The contract involves joint procurement
I.4) Type of the contracting authority
Regional or local authority
I.5) Main activity
General public services
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Framework Agreement for the Appointment of an Independent Property Valuer
Reference number: IA3475
II.1.2) Main CPV code
70332200
II.1.3) Type of contract
Services
II.1.4) Short description
The Framework is for an agreement between the appointed Supplier(s) and Staffordshire County Council, acting in its capacity as the administering authority of the Staffordshire Pension Fund, to supply an independent property valuation service for the Local Government Pension Fund Property Portfolio in accordance with the terms as agreed within the Framework.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
2 000 000.00
GBP
II.2) Description
II.2.2) Additional CPV code(s)
70332000
II.2.3) Place of performance
NUTS code:
UK
II.2.4) Description of the procurement
The Framework is for an agreement between the appointed Supplier(s) and Staffordshire County Council, acting in its capacity as the administering authority of the Staffordshire Pension Fund, to supply an independent property valuation service for the Local Government Pension Fund Property Portfolio in accordance with the terms as agreed within the Framework.
The Framework will be for a period of 4 years. 1 February 2025 - 31 January 2029. Individual call offs from the intended parties can be for a period of up to no more than 5 years.
Following the formation of LGPS asset pools in 2018, Staffordshire Pension Fund is part of the LGPS Central Pool. Along with 7 other Partner Funds.
For this Procurement the County Council is allowing the following Bodies to utilise the contract -
• Cheshire Pension Fund
• Cheshire West and Chester Council
• Derbyshire Pension Fund
• Leicestershire Pension Fund
• Nottinghamshire Pension Fund
• Shropshire County Pension Fund
• West Midlands Pension Fund (including the West Midlands Integrated Transport Authority)
• Worcestershire Pension Fund
• LGPS Central Limited
II.2.5) Award criteria
Quality criterion: Quality
/ Weighting: 70
Price
/ Weighting:
30
II.2.11) Information about options
Options:
No
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Open procedure
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
Yes
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2024/S 000-034848
Section V: Award of contract
Contract No: IA3475
Title: Independent Property Valuer
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
04/02/2025
V.2.2) Information about tenders
Number of tenders received: 9
Number of tenders received from SMEs: 2
Number of tenders received by electronic means: 9
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Savills UK Limited
2605138
London
UK
NUTS: UKI
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 2 000 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Contract No: IA3475
Title: Independent Property Valuer
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
04/03/2025
V.2.2) Information about tenders
Number of tenders received: 9
Number of tenders received from SMEs: 2
Number of tenders received by electronic means: 9
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Knight Frank LLP
OC305934
London
UK
NUTS: UKI
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 2 000 000.00
GBP
V.2.5) Information about subcontracting
Section V: Award of contract
Contract No: IA3475
Title: Independent Property Valuer
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
11/03/2025
V.2.2) Information about tenders
Number of tenders received: 9
Number of tenders received from SMEs: 2
Number of tenders received by electronic means: 9
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
CBRE Ltd
03536032
London
UK
NUTS: UKI
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 2 000 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.4.1) Review body
Staffordshire County Council
Stafford
UK
VI.5) Date of dispatch of this notice
20/03/2025