Award

Independent Property Valuer for the Hampshire Pension Fund

HAMPSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

12 Feb 2026 at 11:37

Award Notice
Summary of the contracting process

The Hampshire County Council has successfully completed its procurement process for an independent property valuer for the Hampshire Pension Fund. The tender, valued at £330,000 in real estate services with own property, was awarded to Savills UK Limited on 9th February 2026. The contract period begins on 1st April 2026 and ends on 31st March 2029. This selective procurement was conducted through a call-off from the Homes England Property Professional and Technical Services Framework Lot 1, ensuring compliance with the Royal Institute of Chartered Surveyors (RICS) Valuation standards. The services will be delivered in Winchester, England, with procurement specifically oriented towards supporting SMEs.

This contract represents an opportunity for businesses specialising in real estate services and independent property valuations to work closely with government bodies like the Hampshire County Council. With a focus on directly held assets within the UK property portfolio, there is potential for growth in servicing pension funds and adhering to industry standards set by RICS. Businesses with expertise in providing accurate, RICS-compliant valuations will find this tender particularly suitable, given the long-term nature of the contract and possibility for future extensions. This selective tendering approach encourages SMEs to compete, fostering business development within the local economy.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

Independent Property Valuer for the Hampshire Pension Fund

Notice Description

The Pension Fund requires a valuer to provide independent property valuations for the directly held assets in its UK property portfolio. An Independent Valuer is needed to ensure the HCC Pension Fund meets its obligations to value each direct property asset held within the portfolio, in accordance with the guidelines prescribed by the Royal Institute of Chartered Surveyors (RICS) Valuation - Professional Standards (Incorporating the International Valuation Standards) July 2017 (the "Red Book"). A new valuer must be appointed every 5 years, and the valuer must be a different company from the previously appointed valuer. The contract will be for for an initial term of 3 years with 2 optional 12 month extensions. Additional information: This contract was procured using the Homes England Property Professional and Technical Services Framework Lot 1.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-20b076b1-0c28-479c-bc2c-be9f0d7d6c07
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9cbbee34-113c-4351-a3b1-d8e29398c350
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70100000 - Real estate services with own property

Notice Value(s)

Tender Value
£330,000 £100K-£500K
Lots Value
Not specified
Awards Value
£330,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
12 Feb 20261 weeks ago
Submission Deadline
16 Jan 2026Expired
Future Notice Date
Not specified
Award Date
9 Feb 20262 weeks ago
Contract Period
31 Mar 2026 - 31 Mar 2029 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
HAMPSHIRE COUNTY 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
WINCHESTER
Postcode
SO23 8ZB
Post Town
Southampton
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ36 Central Hampshire
Delivery Location
Not specified
Local Authority
Winchester
Electoral Ward
St Michael
Westminster Constituency
Winchester

Supplier Information

Number of Suppliers
1
Supplier Name

SAVILLS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-20b076b1-0c28-479c-bc2c-be9f0d7d6c07-2026-02-12T11:37:40Z",
    "date": "2026-02-12T11:37:40Z",
    "ocid": "ocds-b5fd17-20b076b1-0c28-479c-bc2c-be9f0d7d6c07",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "CO28108",
        "title": "Independent Property Valuer for the Hampshire Pension Fund",
        "description": "The Pension Fund requires a valuer to provide independent property valuations for the directly held assets in its UK property portfolio. An Independent Valuer is needed to ensure the HCC Pension Fund meets its obligations to value each direct property asset held within the portfolio, in accordance with the guidelines prescribed by the Royal Institute of Chartered Surveyors (RICS) Valuation - Professional Standards (Incorporating the International Valuation Standards) July 2017 (the \"Red Book\"). A new valuer must be appointed every 5 years, and the valuer must be a different company from the previously appointed valuer. The contract will be for for an initial term of 3 years with 2 optional 12 month extensions. Additional information: This contract was procured using the Homes England Property Professional and Technical Services Framework Lot 1.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "70100000",
            "description": "Real estate services with own property"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "postalCode": "SO23 8UJ"
                    }
                ]
            }
        ],
        "value": {
            "amount": 330000,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2026-01-16T14:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2026-04-01T00:00:00+01:00",
            "endDate": "2029-03-31T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/R7P26Eu7",
            "name": "HAMPSHIRE COUNTY COUNCIL",
            "identifier": {
                "legalName": "HAMPSHIRE COUNTY COUNCIL",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/R7P26Eu7"
            },
            "address": {
                "streetAddress": "The Castle",
                "locality": "WINCHESTER",
                "postalCode": "SO238ZB",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "procurement.support@hants.gov.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-02605138",
            "name": "Savills UK Limited",
            "identifier": {
                "legalName": "Savills UK Limited",
                "scheme": "GB-COH",
                "id": "02605138"
            },
            "address": {
                "streetAddress": "33 Margaret Street London London, W1G 0JD"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/R7P26Eu7",
        "name": "HAMPSHIRE COUNTY COUNCIL"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-20b076b1-0c28-479c-bc2c-be9f0d7d6c07-1",
            "status": "active",
            "date": "2026-02-09T00:00:00Z",
            "datePublished": "2026-02-12T11:37:40Z",
            "value": {
                "amount": 330000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-02605138",
                    "name": "Savills UK Limited"
                }
            ],
            "contractPeriod": {
                "startDate": "2026-04-01T00:00:00+01:00",
                "endDate": "2029-03-31T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/9cbbee34-113c-4351-a3b1-d8e29398c350",
                    "datePublished": "2026-02-12T11:37:40Z",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}