WSCC DR - Provision of Pension Fund Independent Property Valuation Services
West Sussex County Council · South East
Key facts
- Estimated value
- £162,000
- Closing date
- 11 Jun 2021
- Contract starts
- 01 Oct 2021
- Contract ends
- 30 Sep 2024
- Procedure
- Open procedure (below threshold)
- Buyer type
- Local government
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
Categories (CPV)
- 79200000 Accounting, auditing and fiscal services
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