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CA17930 - Reinstatement Valuation for Insurance

Spelthorne Borough Council

This public procurement record has 1 release in its history.

Award

24 Aug 2026 at 16:03

Award Notice
Summary of the contracting process

Spelthorne Borough Council procured professional valuation services for the insurance reinstatement valuation of 13 commercial investment assets and their associated units. The requirement concerns establishing the costs of reinstating the properties for insurance purposes, rather than providing insurance cover or carrying out physical construction work. It is a property-related service, classified under commercial property management and property insurance services. The buyer is Spelthorne Borough Council, based at the Council Offices in Knowle Green, Staines-upon-Thames. The listed delivery location is associated with the council’s Staines-upon-Thames address, with the procurement also indicating coverage across the United Kingdom and wider locations. The opportunity is therefore relevant to property valuation firms with commercial asset and insurance reinstatement experience.

The procurement is complete and has been awarded following an open procedure. Bids closed on 30 June 2026. The award was made on 24 August 2026 to DTZ (Cushman & Wakefield), at an awarded value of £34,000 including the stated GBP currency. The contract period runs from 1 July 2026 to 30 September 2026. The requirement was treated as a services contract and was identified as suitable for small and medium-sized enterprises. The published information records one active award and one selected supplier. The stated evaluation basis is the open procurement procedure; detailed price and quality weightings are not provided. This is an outcome notice for a completed procurement, not an invitation to submit a bid.

For firms tracking future property consultancy requirements from Spelthorne Borough Council, this award demonstrates demand for a focused commercial valuation exercise covering multiple investment assets and associated units. A credible competitor would need qualified valuation professionals able to inspect and assess commercial property, understand reinstatement-cost methodology, and produce defensible figures suitable for insurance purposes. Experience across portfolios rather than single residential properties would be important, as would the capacity to coordinate valuations for 13 assets within a short delivery window. Firms able to explain their approach to asset records, site information, assumptions, reporting and quality assurance would be well placed when a similar requirement returns. The award also shows that the council has used an open route and considered the work suitable for SMEs.

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Notice Information

Notice Title

CA17930 - Reinstatement Valuation for Insurance

Notice Description

Revaluation of 13 commercial investment assets and associated units for insurance reinstatement valuation. To access this competition: Registered: Login to https://suppliers.multiquote.com and view the opportunity CA17930. Not registered: Visit https://suppliers.multiquote.com then register and quote CA17930 as the reason for registration. Any queries please contact MultiQuote on 020 3920 8054.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2b1146fc-2ccd-4890-bc8f-cdf29d9ee33b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/dbf030a4-f6a8-4cea-8dcb-aee48710c241
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award 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

66515200 - Property insurance services

70332200 - Commercial property management services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£34,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
24 Aug 20262 days ago
Submission Deadline
30 Jun 2026Expired
Future Notice Date
Not specified
Award Date
24 Aug 20263 days ago
Contract Period
1 Jul 2026 - 30 Sep 2026 1-6 months
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
Spelthorne Borough 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
STAINES-UPON-THAMES
Postcode
TW18 1XB
Postcode Area
Twickenham
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ25 West Surrey
Delivery Location
Not specified
Local Authority
Spelthorne
Electoral Ward
Staines
Westminster Constituency
Spelthorne

Supplier Information

Number of Suppliers
1
Supplier Name

DTZ (Cushman & Wakefield)

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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