Business Rates Forecasting Contract
Rates avoidance is a serious concern especially in the current climate and it is important that efforts are made to validate reductions applied as much as possible.
- Financial consultancy services – 66171000
- Financial auditing services – 79212100
- Accounting review services – 79212500
Location of contract
Value of contract
£122k – £153k
20 January 2020
18 February 2020
Contract start date
14 April 2020
Contract end date
13 April 2024
Contract is suitable for SMEs?
Contract is suitable for VCSEs?
Business Rates Forecasting
Business Rates localisation presents a variety of challenges for local authorities in relation to the calculation and forecasting of the 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 that we are able to manage our rating list effectively, forecast changes which may affect net collectable debit and maximise growth through the early identification of commercial properties in the area.
Rates avoidance is a serious concern especially in the current climate 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 who can provide:
o Revenues Forecasting
o RV Finder
o Small Business Rates Relief Audit
The contract duration is for 4 years from 14 April 2020 – 13 April 2024.
The Council will be using the In-tend e-Tendering System for this Procurement exercise, please visit https://in-tendhost.co.uk/sandwellmbc to access the Sandwell MBC In-tend Supplier Portal.
From here you will be able to register your company, express an interest in the opportunity, and gain immediate access to the ITT and other related documents.
In Order To View the documents and Submit a Tender, you will be required to` Opt-In`.
For a Step by Step user guide to the Sandwell MBC In-tend Supplier Portal please click on the `Guidance for Suppliers` section of the website. All procurement responses must be carried out via the Sandwell MBC In-tend Supplier Portal.
If you require further assistance in respect of the system please contact the In-tend support team on 0844 272 8810.
Closing date: Tuesday 18 February 2020 at 12:00 noon.
About the buyer
Additional information on how to apply for this contract
Is a Recurrent Procurement Type? : No
How to apply
Please apply directly to the buyer using the contact details provided, or follow the instructions given in the notice description or information section.