Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
Hampshire County Council
The Castle
Winchester
SO23 8UJ
UK
Contact person: Procurement Support
Telephone: +44 1962832323
E-mail: procurement.support@hants.gov.uk
NUTS: UKJ3
Internet address(es)
Main address: www.hants.gov.uk
Address of the buyer profile: https://in-tendhost.co.uk/hampshire
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
Independent Property Valuer for the Hampshire Pension Fund
Reference number: CC10746
II.1.2) Main CPV code
70000000
II.1.3) Type of contract
Services
II.1.4) Short description
Independent property valuer for the Hampshire Pension Fund.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
248 300.00
GBP
II.2) Description
II.2.2) Additional CPV code(s)
70330000
II.2.3) Place of performance
NUTS code:
UKJ3
Main site or place of performance:
Across Hampshire and where the Hampshire Pension Fund have property assets within the UK.
II.2.4) Description of the procurement
The contract will be with Hampshire County Council (the Customer) as the administering authority for the Hampshire Pension Fund.
The customer requires a valuer to provide independent property valuations for the directly held assets in its UK property portfolio, which is currently managed by an Investment Management Company.
During the period of this contract, the customer reserves the right to review and change the investment manager and to review the size of the portfolio, both in terms of the value of the portfolio and the number of holdings.
II.2.5) Award criteria
Quality criterion: Quality questions on service provision
/ Weighting: 60
Price
/ Weighting:
40
II.2.11) Information about options
Options:
Yes
Description of options:
The contract is due to expiry 30.12.2023 however the contract can be extended by 12 months until 30.12.2024.
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
II.2.14) Additional information
This contract has been awarded and procured through the Homes England Property Framework via a further competition process were a voluntary standstill period was applied.
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Award of a contract without prior publication of a call for competition
Justification for selected award procedure:
The procurement falls outside the scope of application of the Directive
Explanation
This contract has been awarded and procured through the Homes England Property Framework via a further competition process were a voluntary standstill period was applied.
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
Yes
Section V: Award of contract
Contract No: CC10746
Title: Independent Property Valuer for the Hampshire Pension Fund
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
30/12/2019
V.2.2) Information about tenders
Number of tenders received: 4
Number of tenders received from SMEs: 0
Number of tenders received by electronic means: 4
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Colliers International Property Consultants Ltd
50 George Street
London
W1U 7GA
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:
: 248 300.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.3) Additional information
This contract has been awarded and procured through the Homes England Property Framework via a further competition process were a voluntary standstill period was applied.
VI.4) Procedures for review
VI.4.1) Review body
High Court of England and Wales
London
UK
VI.4.3) Review procedure
Precise information on deadline(s) for review procedures:
As set out in the Public Contracts Directive 2014/24/EU
VI.5) Date of dispatch of this notice
27/01/2020