Tender

Asset Valuations & Insurance Reinstatement Valuations 2020-2026

CALDERDALE COUNCIL

This public procurement record has 1 release in its history.

Tender

19 Jun 2020 at 13:36

Tender Notice
Summary of the contracting process

The Calderdale Council in England is currently conducting a public procurement for the project titled "Asset Valuations & Insurance Reinstatement Valuations 2020-2026". This procurement falls under the industry category of real estate services and aims to secure annual asset valuations and insurance reinstatement valuations over a five-year period, covering financial years from 2020/21 to 2025/26. The tender will remain active until 24th July 2020, with the contract starting on 1st September 2020 and concluding on 31st August 2025. The total value of the procurement is £90,000, and it is being carried out using an open procedure.

This tender presents a significant opportunity for small and medium-sized enterprises (SMEs) specialising in real estate services and insurance consultancy. Businesses that focus on asset valuation, property consultancy, and insurance assessments would be particularly well-suited to compete for this contract. Engaging with this procurement can help businesses expand their portfolios and establish long-term relationships with a local government authority. The work involves providing expert valuations necessary for financial accounting and insurance purposes, which can lead to additional project opportunities within the public sector.

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Notice Information

Notice Title

Asset Valuations & Insurance Reinstatement Valuations 2020-2026

Notice Description

The Borough Council of Calderdale invites you to submit a Quote for carrying out the annual Asset Valuations & Insurance Reinstatement Valuations for a 5 year period for the financial years 2020/21 - 2025/26. The objective of this commission is to ensure that the Council's asset register properly reflects asset valuations as at 31st March in each year, and that this information can be relied upon to produce balance sheet figures and identify appropriate movements in depreciation, impairment and revaluations at year end for the period 31st March 2021 - 31st March 2026 inclusive. We also require valuations of all council buildings to assess the full re-instatement/rebuilding cost of each premises, to include the costs of demolishing and clearing away the existing structure and rebuilding to its existing design and materials, to a standard equal to the existing property and in accordance with current Building Regulations and other statutory requirements for the purpose of arranging insurance cover. These valuations are also required at year end for the period 31st March 2021 - 31st March 2026 inclusive. Additional information: To view documentation please go to https://www.yortender.co.uk/

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-10cb9a1a-0256-47f2-9b67-2ab6adfdc939
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/53696b2f-bd83-42f3-b468-c9f8ff740040
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

70 - Real estate services

CPV Codes

66519310 - Insurance consultancy services

70000000 - Real estate services

Notice Value(s)

Tender Value
£90,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
19 Jun 20205 years ago
Submission Deadline
24 Jul 2020Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Aug 2020 - 31 Aug 2025 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
CALDERDALE COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
HALIFAX
Postcode
HX1 1TP
Post Town
Halifax
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE44 Calderdale and Kirklees
Delivery Location
TLE Yorkshire and The Humber
Local Authority
Calderdale
Electoral Ward
Town
Westminster Constituency
Halifax

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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