Contract notice
Section I: Contracting
authority
I.1) Name and addresses
Huntingdonshire District Council
Huntingdon District Council, Pathfinder House, St Marys Street
Huntingdon
PE29 3TN
UK
Contact person: Ms Sarah Youthed
E-mail: Sarah.Youthed@huntingdonshire.gov.uk
NUTS: UKH
Internet address(es)
Main address: https://www.huntingdonshire.gov.uk/#
Address of the buyer profile: https://www.huntingdonshire.gov.uk/#
I.2) Joint procurement
The contract is awarded by a central purchasing body
I.3) Communication
Access to the procurement documents is restricted. Further information can be obtained at:
https://procontract.due-north.com/Advert/Index?advertId=65c8cd40-3d4e-ed11-811a-005056b64545
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be sent electronically to:
https://procontract.due-north.com/Advert/Index?advertId=65c8cd40-3d4e-ed11-811a-005056b64545
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
The Provision of Asset Valuation Services
Reference number: DN638373
II.1.2) Main CPV code
70000000
II.1.3) Type of contract
Services
II.1.4) Short description
Huntingdonshire District Council (HDC) wishes to appoint a professional and experienced supplier to provide expertise with its Asset Valuations.
Property valuations for the Council should be completed in accordance with the CIPFA/LASAAC Code of Practice on Local Authority Accounting (‘the Code’) and the Royal Institution of Chartered Surveyors (RICS) Valuation Standards (Red Book).
II.1.6) Information about lots
This contract is divided into lots:
No
II.2) Description
II.2.2) Additional CPV code(s)
71315300
II.2.3) Place of performance
NUTS code:
UKH
II.2.4) Description of the procurement
The Council has a 3-year rolling programme of valuations of assets, the current approach is allowable under the new Code of Practice interpretation of International Financial Reporting Standards.
Year 1 – Leisure Centres and Investment Properties
Year 2 – Offices & Depots, Potential Building Plots and Investment Properties
Year 3 – Remaining OLB assets and Investment Properties
This contract is expected to commence in December 2022 and be for a term of 3 years plus the option to extend for up to 12 months due to potential audit queries, subject to satisfactory performance and service requirements.
Valuations of the Council’s land and properties should be considered on an existing use basis, in addition to the valuations we would expect to be provided:
• Existing Use Values.
• An estimate of the remaining residual value and useful life of the properties valued.
• An apportionment of values between land and building for depreciation purposes only.
• Components as per the Componentisation policy will not require valuation but should be reviewed for obsolescence.
• Review the classification category the asset should be held i.e., Investment/OLB/Surplus/Available for sale etc.
• Establish the appropriate basis of valuation (and comment on reason for change if applicable).
• Identify whether assets are specialised or non-specialised.
whether the property was visited or not.
II.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
II.2.7) Duration of the contract, framework agreement or dynamic purchasing system
End:
08/12/2025
This contract is subject to renewal: No
II.2.9) Information about the limits on the number of candidates to be invited
II.2.10) Information about variants
Variants will be accepted:
No
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.2.2) Time limit for receipt of tenders or requests to participate
Date:
14/11/2022
Local time: 12:00
IV.2.4) Languages in which tenders or requests to participate may be submitted
EN
IV.2.7) Conditions for opening of tenders
Date:
21/11/2022
Local time: 12:00
Section VI: Complementary information
VI.1) Information about recurrence
This is a recurrent procurement:
No
VI.4) Procedures for review
VI.4.1) Review body
Huntingdonshire District Council
Huntingdon
UK
VI.5) Date of dispatch of this notice
17/10/2022