Award

Asset Valuations & Insurance Reinstatement Valuations 2026 to 2031

BOROUGH COUNCIL OF CALDERDALE

This public procurement record has 3 releases in its history.

Award

04 Nov 2025 at 09:26

Award

07 Oct 2025 at 10:03

Tender

29 Aug 2025 at 09:23

Summary of the contracting process

The Borough Council of Calderdale has completed an open procurement process for the "Asset Valuations & Insurance Reinstatement Valuations 2026 to 2031" contract. The procurement process began with the tender stage announced on 29th August 2025 and concluded with awarding the contract on 4th November 2025. The contract is valued at GBP 220,000 and will run from 13th October 2025 to 12th October 2031. This service-focused contract requires annual valuation and revaluation of Council assets, including full assessments for insurance purposes, taking place mostly within the Halifax, region UKE44, United Kingdom. The procurement followed an open competition method under UKPGA legal basis "2023/54" and was identified as below-threshold open competition.

This tender creates substantial opportunities for companies specialising in real estate agency services, valuation, and insurance consultancy. The contract will benefit businesses capable of delivering comprehensive asset valuation services over a long-term period, from financial years 2025/26 to 2030/31. Ideal candidates would be those with experience in handling large-scale property portfolios and adept in complying with current building regulations for insurance cover purposes. Companies looking to establish or expand their operations in the Yorkshire and the Humber region might find this contract particularly beneficial for bolstering growth and credibility in the public sector market.

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Notice Title

Asset Valuations & Insurance Reinstatement Valuations 2026 to 2031

Notice Description

The Council (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 2025/26 - 2030/31. 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 2026 - 31st March 2031 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 31 March 2026 - 31st March 2031 inclusive. All requirements are detailed within the procurement documentation.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05900f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/070675-2025
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Below threshold - open competition
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services


CPV Codes

70300000 - Real estate agency services on a fee or contract basis

Notice Value(s)

Tender Value
£120,000 £100K-£500K
Lots Value
£120,000 £100K-£500K
Awards Value
Not specified
Contracts Value
£320,000 £100K-£500K

Notice Dates

Publication Date
4 Nov 20253 months ago
Submission Deadline
26 Sep 2025Expired
Future Notice Date
Not specified
Award Date
6 Oct 20254 months ago
Contract Period
12 Oct 2025 - 12 Oct 2031 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
BOROUGH COUNCIL OF CALDERDALE
Contact Name
Not specified
Contact Email
rachel.jefford2@calderdale.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
HALIFAX
Postcode
HX1 1UJ
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
TLE44 Calderdale and Kirklees

Local Authority
Calderdale
Electoral Ward
Town
Westminster Constituency
Halifax

Supplier Information

Number of Suppliers
2
Supplier Names

CAPITA

CAPITA PROPERTY AND INFRASTRUCTURE

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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