Framework Agreement for the Appointment of an Independent Property Valuer

A Contract Award Notice
by STAFFORDSHIRE COUNTY COUNCIL

Source
Find a Tender
Type
Contract (Services)
Duration
not specified
Value
£2M
Sector
FACILITY
Published
20 Mar 2025
Delivery
not specified
Deadline
n/a

Concepts

Location

United Kingdom:

Geochart for 9 buyers and 3 suppliers
Staffordshire County Council
Cheshire West & Chester Borough Council
Derbyshire County Council
Leicestershire County Council
Nottinghamshire County Council
Shropshire Council
Worcestershire County Council
Wolverhampton City Council
Savills
Leaflet | Map tiles by Stamen Design, under CC BY 3.0. Data by OpenStreetMap, under ODbL.

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.

Total Quantity or Scope

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

Award Detail

1 Savills (London)
  • Independent Property Valuer
  • Reference: 010280-2025-ia3475-1
  • Value: £2,000,000
2 Knight Frank (London)
  • Independent Property Valuer
  • Reference: 010280-2025-ia3475-2
  • Value: £2,000,000
3 Cbre (London)
  • Independent Property Valuer
  • Reference: 010280-2025-ia3475-3
  • Value: £2,000,000

Award Criteria

Quality 70
price 30

CPV Codes

  • 70332200 - Commercial property management services
  • 70332000 - Non-residential property services

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. **

Reference

Domains