Contract details

Contract: MPF- Independant Property Valuer

Details

Buyer:
Wirral Borough Council
Department:
Procurement Corporate Pillar
Title:
MPF- Independant Property Valuer
Description:
Wirral Borough Council is seeking to appoint an organisation of independent valuers with relevant skills, experience and resources to value the direct property portfolio of MPF for a period of 5 years with the opportunity to extend for a further 5 years at the discretion of Wirral Borough Council. The contract will commence 1 February 2016. Independent Valuation for the UK direct property portfolio valued £380m as at 30 September 2015, every quarter. The direct property portfolio is managed on an advisory basis with the Strategic Property Adviser, currently CBRE Capital Advisers Ltd and the Property Manager (Operational), currently CBRE Ltd Asset Services.
Description of the geographical coverage:
Reference no:
DN105968
Estimated total value:
£420,000.00
Estimated annual value:
£60,000.00
VAT not recovered:
£0.00
Participating organisations:
N/A
Keywords:
Property Valuer, Property, Independant Valuers, Property Portfolio, Valuation
Start date:
01/02/2016
End date:
31/01/2026
Awarded date:
25/01/2016
Awarded value:
£420,000.00
Appraisal date:
01/06/2025
Review date:
15/06/2025
Initial contract period:
60 months
Total option to extend:
60 months
Total contract period:
120 months
Available extensions:
5 with 5 taken
Central purchasing body:
Wirral Borough Council
Framework:
N/A
Find a Tender (FTS):
Yes
Process used:
ITT

Extensions Show more

Available extensions:
5
Total option to extend:
60 months

Available

Period (months)
Start date
End date
Comments
12
01/02/2025
31/01/2026
now taken

Taken

Period (months)
Start date
End date
Comments
Approved date
12
01/02/2021
31/01/2022
first of 5 x12 months taken
29/01/2021
12
01/02/2022
31/01/2023
second of 5 x12 months taken
12/01/2022
12
01/02/2023
31/01/2024
Third of 5x12 months taken
22/12/2022
12
01/02/2024
31/01/2025
Fourth of 5 x 12 taken
09/01/2024
12
01/02/2025
31/01/2026
taken
21/01/2025

Primary contact

Title:
M
First name:
Corporate
Surname:
Procurement
Email address:
tenders@wirral.gov.uk
Telephone number:
000
Fax number:
Mobile number:

Awarded supplier(s)

Company name Company reg number SME/VCS VCS reg number Contacts Postcode
Savills (UK) Limited 02605138
  • - Ms Emily Simpson
 W1G OJD
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Categories

  • 201801 - Investments
  • 201810 - Pension Funds
  • 201820 - Property
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Notes

Public notes:

Custom details

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