Award

Asset Valuation

SOUTH KESTEVEN DISTRICT COUNCIL

This public procurement record has 1 release in its history.

Award

20 May 2026 at 08:48

UK7 - Contract Details Notice
Summary of the contracting process

The procurement process for the "Asset Valuation" contract, undertaken by South Kesteven District Council, has reached the award stage. The council, a sub-central public authority located in Grantham, United Kingdom, sought services for the revaluation of property assets to comply with CIPFA code reporting requirements. This direct procurement, executed below the competitive threshold, was completed with HMRC Valuation Office acting as the supplier. The process was initiated with a tender and the contract was signed on 6th March 2026, covering the period until 31st March 2028, with a potential one-year extension available. The industry category related to this procurement is commercial property management services, and services will be delivered within the UKF region.

This tender represents a valuable opportunity for businesses specializing in asset valuation and management services. While the original procurement method did not involve competition due to its direct nature, the possibility of contract renewal provides future opportunities for similar businesses to engage with government bodies for comparable services. Enterprises with expertise in compliance and property asset management, particularly those experienced in serving public authorities, would find themselves well-suited to compete in this space. The association with reputable organisations like HMRC could also enhance business visibility and credibility in the sector.

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Notice Information

Notice Title

Asset Valuation

Notice Description

Supply of revaluation of property assets for compliance with CIPFA code reporting requirements

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-069caf
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/046097-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70332200 - Commercial property management services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£147,000 £100K-£500K

Notice Dates

Publication Date
20 May 20263 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
6 Mar 20262 months ago
Contract Period
6 Mar 2026 - 31 Mar 2028 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
SOUTH KESTEVEN DISTRICT 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
GRANTHAM
Postcode
NG31 6TT
Post Town
Nottingham
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF3 Lincolnshire
Small Region (ITL 3)
TLF30 Lincolnshire CC
Delivery Location
Not specified
Local Authority
South Kesteven
Electoral Ward
Grantham St Vincent's
Westminster Constituency
Grantham and Bourne

Supplier Information

Number of Suppliers
1
Supplier Name

HMRC VALUATION OFFICE

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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