London and Quadrant Valuations DPS
Introduction
The London and Quadrant Valuations Dynamic Purchasing System (DPS) is a procurement mechanism established by the London and Quadrant Housing Trust. It is designed to facilitate efficient procurement of valuation services for London and Quadrant and other authorised users, including housing associations and public sector organisations. This DPS operates until 12 March 2028 and is structured to provide flexibility and accessibility in the procurement of valuation services, ensuring a streamlined process for both buyers and suppliers.
Context & Use Case
The London and Quadrant Valuations DPS serves as a vital tool for public sector bodies and housing associations in need of specialised valuation services. Contracting authorities utilise this DPS to access a pre-approved pool of suppliers capable of delivering high-quality valuation services across different property types and requirements. The DPS is particularly beneficial in the context of property development and asset management, as well as for commercial property valuations. By using this system, authorities can ensure compliance with procurement regulations while benefiting from competitive pricing and swift access to services.
Scope of Services
1. Development and Asset Management Valuations: This category includes services related to the valuation of properties involved in development projects or those under asset management. It covers detailed assessments and valuations necessary for strategic planning and investment decisions within the housing sector. 2. Commercial Property Valuations: This category focuses on the valuation of commercial properties, providing essential insights for transactions, financial reporting, and strategic management of commercial real estate assets.
Who Can Apply
The London and Quadrant Valuations DPS is open to suppliers with expertise in valuation services. It welcomes applications from qualified firms that can demonstrate proficiency in either or both of the specified lots. Suppliers have the flexibility to join the DPS at any time during its operational period, allowing for continuous opportunities to engage with potential clients. The DPS uses the Restricted Procedure to ensure that only qualified suppliers meet the necessary criteria to join and participate in tendering opportunities.
Buyer Benefits
Public sector buyers and housing associations benefit significantly from using the London and Quadrant Valuations DPS. The system ensures compliance with procurement standards while facilitating a quicker route to market due to its pre-qualified pool of suppliers. The competitive nature of the DPS encourages suppliers to offer value-for-money services, and the flexibility of the system allows buyers to access specialised expertise as needed, ensuring that their specific valuation requirements are met efficiently.
Lots
Not applicable
Next Steps
Suppliers interested in joining the London and Quadrant Valuations DPS should thoroughly review the detailed requirements and criteria set by the London and Quadrant Housing Trust. Engaging directly with the contracting authority will provide clarity on the application process and any specific documentation needed. Suppliers are encouraged to be proactive in their applications to maximise their engagement opportunities throughout the DPS's duration.
How Biddable Can Help
Biddable is dedicated to supporting suppliers in navigating public sector procurement routes like the London and Quadrant Valuations DPS. We assist suppliers in discovering relevant opportunities, preparing for application processes, and maintaining visibility of procurement pipelines. Our resources aim to enhance suppliers' understanding and readiness, ensuring that they are well-positioned to succeed within the public sector procurement landscape.