Award

Provision for Property Valuation and Re-Instatement Costs

ROYAL BERKSHIRE FIRE AUTHORITY

This public procurement record has 1 release in its history.

Award

31 Mar 2026 at 09:00

UK7 - Contract Details Notice
Summary of the contracting process

The Royal Berkshire Fire Authority has completed the procurement process for "Provision for Property Valuation and Re-Instatement Costs", a service necessary for valuing its property portfolio in compliance with RICS Valuation Standards. This contract, awarded to Bruton Knowles Limited, will be in effect from 5th March 2026 to 28th February 2029, covering a range of property assessments including fire stations and investment properties. With an overall contract value of £60,000, the procurement was conducted using a limited competition method under the threshold of £100k, symbolising efficient budget management within regulatory standards. The primary location of impact is in Reading, United Kingdom, under the non-residential property services category.

This tender represents a substantial opportunity for businesses specialising in property valuation and management services due to its adherence to stringent valuation criteria and the requirement for ongoing property assessments. Small and medium-sized enterprises (SMEs) familiar with the latest RICS standards are ideally positioned to compete for similar contracts in the future, especially those with expertise in public sector collaborations. Engaging in such contracts can significantly enhance a company's portfolio, build credentials within the public sector, and establish lasting professional relationships with government bodies such as the Royal Berkshire Fire Authority.

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Notice Information

Notice Title

Provision for Property Valuation and Re-Instatement Costs

Notice Description

Royal Berkshire Fire and Rescue Service (RBFRS) is required to fulfil a statutory responsibility to conduct valuation of its property portfolio which includes fire stations, a Right of Use Asset and investment properties in accordance with Royal Institution of Chartered Surveyors (RICS) - Valuation Standards 2024 effective January 2025 (the "Red Book") to include the international Valuation Standards and the RICS Valuation - Global Standards 2025 which includes UK National Supplement. As the contract value is under PS100k, a 3-quote process was completed to award the contract based on a price-only evaluation, as that was what was needed to complete the financial year 2025/26's property valuation. Valuations will continue until the financial year 2027/28.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06789a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/029443-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Below threshold - limited competition
Tender Suitability
Not specified
Awardee Scale
SME

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
£50,000 Under £100K

Notice Dates

Publication Date
31 Mar 20264 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
4 Mar 20261 months ago
Contract Period
5 Mar 2026 - 28 Feb 2029 2-3 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
ROYAL BERKSHIRE FIRE AUTHORITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
READING
Postcode
RG31 7SD
Post Town
Reading
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ1 Berkshire, Buckinghamshire and Oxfordshire
Small Region (ITL 3)
TLJ16 Berkshire West
Delivery Location
Not specified
Local Authority
West Berkshire
Electoral Ward
Tilehurst Birch Copse
Westminster Constituency
Reading West and Mid Berkshire

Supplier Information

Number of Suppliers
1
Supplier Name

BRUTON KNOWLES

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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