Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
Transport for Wales
Southgate House, Wood Street
Cardiff
CF10 1EW
UK
Contact person: Leanne Millard
Telephone: +44 2921673434
E-mail: Procurement@tfw.wales
NUTS: UKL
Internet address(es)
Main address: http://trc.cymru
Address of the buyer profile: https://www.sell2wales.gov.wales/search/Search_AuthProfile.aspx?ID=AA50685
I.2) Joint procurement
The contract is awarded by a central purchasing body
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Other: Transport related activities
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Depreciated Replacement Cost Valuation
Reference number: TfW292
II.1.2) Main CPV code
79419000
II.1.3) Type of contract
Services
II.1.4) Short description
Transport for Wales (TfW) wishes to procure the services of an advisor to provide evidence to support the valuation assessment of the Core Valleys Lines rail network for financial reporting purposes for the financial year ending 31 March 2021 and future periods.
II.1.6) Information about lots
This contract is divided into lots:
No
II.2) Description
II.2.2) Additional CPV code(s)
79419000
71600000
71621000
II.2.3) Place of performance
NUTS code:
UKL
Main site or place of performance:
Across the Welsh rail network
II.2.4) Description of the procurement
Transport for Wales (TfW) are looking for experienced consultants to undertake valuation of assets and provide information on the Depreciated Replacement Costs across our Core Valley Lines (CVL) in South Wales.
The DRC valuation will be reported in the financial statements of Transport for Wales and will be used for consolidation within the Welsh Government group financial statements.
The appointed advisor is expected to provide input in the following areas:
1 – Developing an excel based valuation model,
2 - Developing asset unit costs based on the asset categories
3 – Quantifying risk and other uplifts
4 – Assisting TfW in quantifying the useful economic lives of the assets
5 – Assisting TfW in quantifying the remaining useful economic life of the assets
6 – Undertaking an annual adjustment to the asset value
II.2.5) Award criteria
Quality criterion: Technical
/ 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:
2020/S 167-406018
Section V: Award of contract
Contract No: TfW292
A contract/lot is awarded:
No
V.1 Information on non-award
The contract/lot is not awarded
Other reasons (discontinuation of procedure)
Section VI: Complementary information
VI.3) Additional information
TfW issued a Prior Information Notice to reduce the timescales of the procurement exercise. Tender returns are 6th November 2020 at 12:00pm
The ITT Documents can be found via etender Wales portal:
https://etenderwales.bravosolution.co.uk/home.html
ITT: itt_83850 - DRC Valuation of CVL assets
The documents that are included are as follows:
ITT Volume 1 - Instructions and Requirements
ITT Volume 2 - Proposed terms and Conditions
ITT Volume 3 - Tender Questionnaire
ITT Volume 4 - Pricing Schedule
Appendix 1 – Model Requirements
Appendix 2 – Asset Category Listing
Appendix 3 – Asset data information
Appendix 4 – Redacted Network Rail CVL valuation model
Suppliers are advised to allow adequate time for uploading documents and to dispatch the electronic response well in advance of the closing time to avoid any last minute problems.
(WA Ref:105007)
VI.4) Procedures for review
VI.4.1) Review body
High Court
Royal Courts of Justice, The Strand
London
WC2A 2LL
UK
Telephone: +44 2079477501
VI.5) Date of dispatch of this notice
21/10/2020