Real estate services

Tender description

HS2 Ltd intends to procure a framework for the provision of discretionary schemes valuation services. The intention is to establish a framework with six suppliers, resulting in the formation of six strategic supplier relationships. further details on the scope of requirements relating to the framework is provided in II.2.4) Description of Procurement below. HS2 Ltd intends to procure a framework for the provision of discretionary schemes valuation services. The intention is to establish a framework with six suppliers, who will be required to provide the following scope of services: • Inspected and desktop valuation services, in order to determine the unblighted market value for properties across the entire HS2 route, where they have been agreed to be purchase by the Secretary of State (SoS) of Transport under HS2 Ltd's discretionary schemes - 'Need To Sell (NTS)' and 'Rural Schemes Zone (RSZ)'; and • Technical valuation support and advisory services, in order to assist HS2 Ltd in complex cases under its discretionary purchase schemes as and when required. The desired objectives of the discretionary schemes valuation services framework are to: • provide valuation services to HS2 Ltd and owners of properties along the HS2 route (including Phase One, 2a and 2b); and • maintain property owners' satisfaction by producing valuation reports in a timely manner that meet RICS standards. The framework will provide HS2 Ltd with the ability to commission work package(s) as required throughout the framework duration. This will allow HS2 Ltd to draw upon services in a flexible, compliant and cost-effective manner. For both, inspected and desktop valuation services, it is intended that one work package will be awarded to each supplier immediately upon framework commencement. HS2 Ltd will instruct work under each suppliers’ work package based on a rolling instruction method so that the supplier with the least amount of valuations will be given the next valuation and then the next lowest supplier and so on, ensuring that the same amount of valuations are awarded to the suppliers (across both allocation by HS2 Ltd and the public), where possible.