Award

Asset Valuation

SOMERSET COUNCIL

This public procurement record has 1 release in its history.

Award

03 Dec 2025 at 15:36

UK7 - Contract Details Notice
Summary of the contracting process

The procurement process initiated by Somerset Council involves the asset valuation of BESS assets intended for financial statements in 2026. This contract falls under the services category, specifically non-residential property services, and is situated in the UKK23 region of the United Kingdom. The process has progressed to the award stage, with JONES LANG LASALLE SERVICES LIMITED being the selected supplier. The contract period ranges from 19 November 2025 to 30 June 2026, with a total value of £63,000, of which £52,500 is net of taxes and charges. The legal framework for this procurement is rooted in UK legislation 2023/54, and the procurement method is detailed as "Below threshold - unknown." The contract was signed on 18 November 2025, and a notice was published on 3 December 2025.

This tender presents promising opportunities for businesses involved in asset valuation and property services, particularly those experienced in the valuation of non-residential properties. Business growth can be pursued through expansion into public authority contracts like this one. Organisations similar in scale and service offerings to JONES LANG LASALLE SERVICES LIMITED, particularly those operating on a large scale and not classified under VCSE, may find this type of procurement beneficial. Somerset Council, as a sub-central government public authority, provides a valuable client base for companies seeking to enhance their portfolios in government and public sector contracting.

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Notice Information

Notice Title

Asset Valuation

Notice Description

Valuation of BESS Assets for Financial Statements 2026

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05ee26
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/079445-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Below threshold - unknown
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70332000 - Non-residential property services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£52,500 Under £100K

Notice Dates

Publication Date
3 Dec 20252 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
18 Nov 20253 months ago
Contract Period
19 Nov 2025 - 30 Jun 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
SOMERSET COUNCIL
Contact Name
Not specified
Contact Email
commercialandprocurement@somerset.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
TAUNTON
Postcode
TA1 4DY
Post Town
Taunton
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK6 North Somerset, Somerset and Dorset
Small Region (ITL 3)
TLK62 Somerset
Delivery Location
Not specified
Local Authority
Somerset
Electoral Ward
Bishop's Hull & Taunton West
Westminster Constituency
Taunton and Wellington

Supplier Information

Number of Suppliers
1
Supplier Name

JONES LANG LASALLE SERVICES

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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