Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
Shropshire Council
Shirehall
Shrewsbury
SY2 6ND
UK
Contact person: Pocourement Team
Telephone: +44 1743252993
E-mail: procurement@shropshire.gov.uk
NUTS: UKG22
Internet address(es)
Main address: https://www.shropshire.gov.uk
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
RMCB 051 Asset Valuation Programme
Reference number: RMCB 051
II.1.2) Main CPV code
70332000
II.1.3) Type of contract
Services
II.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.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
190 000.00
GBP
II.2) Description
II.2.3) Place of performance
NUTS code:
UKG22
Main site or place of performance:
Shropshire CC
II.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.
II.2.5) Award criteria
Quality criterion: Quality
/ Weighting: 60
Cost criterion: Price
/ Weighting: 40
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 000-034257
Section V: Award of contract
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
23/12/2024
V.2.2) Information about tenders
Number of tenders received: 3
Number of tenders received from SMEs: 1
Number of tenders received from tenderers from 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
V.2.3) Name and address of the contractor
Bruton Knowles Ltd
12481998
Olympus House, Olympus Park, Quedgeley
Gloucester
GL2 4NF
UK
Telephone: +44 7719092908
E-mail: notices@brutonknowles.co.uk
NUTS: UKK13
The contractor is an SME:
Yes
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 190 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.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
VI.4) Procedures for review
VI.4.1) Review body
Shropshire Council
Shrewsbury
SY2 6ND
UK
VI.4.2) Body responsible for mediation procedures
VI.5) Date of dispatch of this notice
25/02/2025