Awarded contract

Independent Property Valuer Consultancy

Details

Buyer
Glasgow City Council
Supplier(s)
Avison Young (UK) Limited)
Value
GBP 415,800
Topic
Financial consultancy services
Published
13 April 2023
Source
uk:public_contracts_scotland

Tender description

Glasgow City Council invites bids for SPF Property Valuer Consultancy under the Crown Commercial Services (CCS) framework agreement for Estates Management Services (Framework contract reference RM6818). Strathclyde Pension Fund investment strategy allocates 10% of total assets to UK property. The UK property portfolio is managed by DTZ Investors, has a current value of GBP 2,588m and comprises 55 individual properties covering the spectrum of industrial, office, retail and other sectors. Regular valuation of the property portfolio is required for performance measurement, monitoring, accounting and insurance purposes. The Fund’s established practice is to appoint a professional firm of independent valuers with relevant skills and experience, and sufficient resources, to support the Council in its role as administering authority for the Strathclyde Pension Fund.

Timeline

  1. Award date10 March 2023
  2. Award published13 April 2023
    Current notice

About the buyer

Glasgow City 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

  • 66171000 · Financial consultancy services
  • 66523000 · Pension fund consultancy services

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