WSCC DR - Provision of Pension Fund Independent Property Valuation Services

A Tender Notice
by WEST SUSSEX COUNTY COUNCIL (CAP)

Source
Contracts Finder
Type
Contract (Services)
Duration
3 year
Value
£81K-£162K
Sector
BUSINESS
Published
10 May 2021
Delivery
01 Oct 2021 to 30 Sep 2024
Deadline
11 Jun 2021 12:00

Concepts

Location

Geochart for 1 buyers and 0 suppliers

Description

This Request for Quotation (RFQ) is issued by WSCC to seek and identify suitably qualified and interested organisations for the provision of Pension Fund Independent Property Valuation Services (the Services). The West Sussex Pension Fund was valued £4.1 billion at 31 March 2020. Fund membership comprises 28,851 contributors, 21,603 pensioners and 29,094 deferred pensioners. The fund was 112% funded at the 2019 actuarial valuation. The fund is split into three areas: • Balanced Portfolios (Equities and Bonds) • Private Equity • Property The contract being tendered is for the provision of independent property valuation services for the UK portfolio presently managed by Aberdeen Standard, valued at approximately £366.1 million. The are 30 direct properties currently within the portfolio. The fund does not have any investment in independent property units / funds.

CPV Codes

  • 79200000 - Accounting, auditing and fiscal services

Indicators

  • Contract is suitable for SMEs.

Other Information

Please see the enclosed tender pack at the following URL: https://in-tendhost.co.uk/sesharedservices/aspx/Login Is a Recurrent Procurement Type? : No Additional information on how to apply for this contract

Reference

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