Discretionary Schemes Valuation Services Framework

Description

HS2 Ltd has procured a Framework for the provision of Discretionary Schemes Valuation Services, awarding contracts to six suppliers following an OJEU Negotiated Procurement. The Framework term is four (4) years, with an option to extend for a further four (4) years via fixed or multiple terms, taking the maximum term to eight (8) years. Lot 1: The awarded Framework covers the following scope of Services: • Inspected and Desktop Valuation Services, in order to determine the unblighted market value for properties across the entire HS2 route, where they have been agreed to be purchase by the Secretary of State (SoS) of Transport under HS2 Ltd's discretionary schemes - 'Need To Sell (NTS)' and 'Rural Schemes Zone (RSZ)'; and • Technical valuation support and advisory services, in order to assist HS2 Ltd in complex cases under its discretionary purchase schemes as and when required. The desired objectives of the Discretionary Schemes Valuation Services Framework are to: • Provide valuation services to HS2 Ltd and owners of properties along the HS2 route (including Phase One, 2a and 2b); and • Maintain property owners' satisfaction by producing valuation reports in a timely manner that meet RICS standards.