Business Rates Forecasting and RV Finder
Buyer: Sandwell MBC
- Published
- 23 January 2024
- Estimated value
- £232,000
- Place of performance
- UKG37
- Procedure
- Open procedure
- Lots
- 1
- Notice number
- 002187-2024
- Reference
- ocds-h6vhtk-040fc1
- Official source
- Official source
CPV codes
- 66171000Financial consultancy services
- 79212100Financial auditing services
- 48440000Financial analysis and accounting software package
- 79412000Financial management consultancy services
- 79212500Accounting review services
- 48441000Financial analysis software package
Description
Business Rates localisation presents challenges for local authorities in relation to the calculation and forecasting of various elements of the business rates retention scheme. As an authority participating in the rates retention pilot scheme in Sandwell we currently retain 100% of the income generated through Business Rates. It is crucial we are able to manage our rating list effectively, forecast changes which may affect net collectable debit and maximise growth through early identification of commercial properties in the area. Rates avoidance is a serious concern and it is important that efforts are made to validate reductions applied as much as possible. In Sandwell large numbers of hereditaments receive Small Business Rates Relief but this will no longer apply if a company/organisation has more than one business in the same name. Sandwell MBC therefore require a company to provide Revenues Forecasting, RV Finder, Small Business Rates Relief Audit and Council Tax Property Finder.
Awards
| Awarded to | Amount | Date |
|---|---|---|
| Inform CPI | — | — |
Official publications
- FTS · 002187-2024 · 23 January 2024
Frequently asked questions
- What is the estimated value of this tender?
- The estimated value published by the buyer is £232,000.
- Who is the buyer of this tender?
- The contracting authority is Sandwell MBC (United Kingdom).
- How can I bid for public tenders in the United Kingdom?
- Bids are submitted through the official public procurement portal in the United Kingdom. El Vínculo helps you find tenders and analyse their documents; submission always happens at the official source.
Create a free account and receive new public tenders published in the United Kingdom that match your business, every day.