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WSCC DR - Provision of Pension Fund Independent Property Valuation Services

West Sussex County Council (CAP) Published 10 May 2021 Contracts Finder

key details

Value£162,000
Statusactive
Category (CPV) 79200000
RegionSouth East
Deadline11 Jun 2021
Contract start1 Oct 2021
Contract end30 Sept 2024
Procedureopen
SME suitableYes
OCIDocds-b5fd17-f9ecd7b9-e0ef-42a9-a0d0-4db873e6e619

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.

Additional information:

Please see the enclosed tender pack at the following URL: https://in-tendhost.co.uk/sesharedservices/aspx/Login

Is a Recurrent Procurement Type? : No

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notice history

1 notice published against this procurement.

PublishedTypeRegimeNotice
10 May 2021 Tender (tender) · c9e5637f-1794-49e6-8a32-fc55a3eb48a9-434878

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