Business Rates Forecasting and RV Finder
Sandwell Metropolitan Borough Council
This contract was awarded to Inform CPI Ltd. It runs until 13 April 2028. Contracts like this usually come back out to tender before they end.
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Procurement
What happened
Sandwell Metropolitan Borough Council awarded this contract to Inform CPI Ltd worth £232,000 on 23 Jan 2024. The contract runs until 13 Apr 2028.
Description
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 o Council Tax property finder
The contract duration is for 4 years from 14 April 2024 - 13 April 2028.
The deadline for tender submissions is 27 November 2023 at 12:00 noon.
Awarded supplier
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External ID: cf-ocds-b5fd17-9bc56204-5f41-4d08-8c3b-f2587dfa64e8 • Added 3 October 2026