Closed tender

WSCC DR - Provision of Pension Fund Independent Property Valuation Services

Details

Value
GBP 121,500
Topic
Accounting, auditing and fiscal services
Published
10 May 2021
Submission
11 June 2021

Tender 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.

Timeline

  1. Completed: Tender published10 May 2021
    Current notice
  2. Completed: Submission date11 June 2021

About the buyer

West Sussex County Council is a public sector buyer in United Kingdom publishing tenders and awards on Stotles. Explore their procurement activity and find more opportunities like this one.

Relevant CPV codes

  • 79200000 · Accounting, auditing and fiscal services

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