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CST234 External Property Valuation Services

Derbyshire County Council

This public procurement record has 1 release in its history.

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14 Sep 2026 at 15:04

Award Notice
Summary of the contracting process

Derbyshire County Council commissioned independent property valuation services for Derbyshire Pension Fund’s real estate portfolio. The requirement covers quarterly valuations of the Fund’s property assets, providing an independent assessment for its investment and pension-fund management needs. The work is delivered for the portfolio in the East Midlands. This is a professional property and real-estate service, falling within property management services on a fee or contract basis (CPV 70330000), with business, consulting and related professional services also identified. The appointed provider is expected to value a portfolio of real estate independently and repeatedly over the contract term, rather than deliver construction, facilities management or general property maintenance. The procurement was run by Derbyshire County Council as the buyer.

The procurement is complete and was awarded to Knight Frank LLP on 23 April 2026. The awarded contract value is £181,500 including the stated currency, with a contract period from 1 May 2026 to 30 April 2031. The requirement was awarded through Staffordshire County Council’s framework agreement for the appointment of an independent property valuer (IA3475), using the framework’s stated alternative procurement route. The wider estimated procurement value is also £181,500. The tender submission deadline was 27 February 2026 at 23:59 UTC. The data identifies suitability for small and medium-sized enterprises and voluntary, community and social enterprises. The selected supplier is Knight Frank LLP.

This award demonstrates sustained public-sector demand for independent, recurring valuation of real-estate portfolios in the East Midlands. Suppliers well placed for a future requirement would need an established property valuation practice, demonstrable independence and the capacity to complete reliable quarterly assessments across a portfolio rather than occasional one-off valuations. Experience working with public-sector asset owners, pension funds or institutional property investors would help demonstrate understanding of governance, reporting and investment-valuation needs. Credible competitors would also need the operational capacity to maintain consistent valuation standards over a multi-year service, respond to regular reporting cycles and support assurance of the figures provided. Access to an appropriate independent-property-valuer framework or route into one would be commercially important for competing through the same purchasing approach.

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Notice Information

Notice Title

CST234 External Property Valuation Services

Notice Description

Provision of independent quarterly property valuation services for Derbyshire Pension Fund's real estate portfolio. Awarded under Staffordshire County Council's Framework Agreement for the Appointment of an Independent Property Valuer (IA3475)

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-343475ed-cd3b-43c5-8f5d-2799ecdf4d13
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1dbd6394-6ccb-4ec5-9e7a-ff597c28815f
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

70330000 - Property management services of real estate on a fee or contract basis

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Notice Value(s)

Tender Value
£181,500 £100K-£500K
Lots Value
Not specified
Awards Value
£181,500 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
14 Sep 2026Yesterday
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
23 Apr 20264 months ago
Contract Period
1 May 2026 - 30 Apr 2031 Over 5 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
Derbyshire 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
MATLOCK
Postcode
DE4 3AG
Postcode Area
Derby
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF13 South and West Derbyshire
Delivery Location
TLF East Midlands (England)
Local Authority
Derbyshire Dales
Electoral Ward
Matlock West
Westminster Constituency
Derbyshire Dales

Supplier Information

Number of Suppliers
1
Supplier Name

Knight Frank LLP

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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