Award

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

Reinstatement Valuation for Insurance

Spelthorne Borough Council

This public procurement record has 1 release in its history.

Award

24 Aug 2026 at 16:03

UK7 - Contract Details Notice
Summary of the contracting process

Spelthorne Borough Council procured a reinstatement cost assessment for building insurance purposes. The service is intended to establish the cost of reinstating the Council’s buildings, supporting the basis on which those assets are insured. The requirement is a professional property and insurance-related service, classified under commercial property management services (CPV 70332200) and property insurance services (CPV 66515200). The work is associated with the Council and delivery is identified as being in the United Kingdom. The procurement covered one requirement under the title Reinstatement Valuation for Insurance. It was awarded to DTZ (Cushman & Wakefield), a large supplier, following the Council’s quotation exercise for suitably qualified and experienced providers.

The procurement has been completed and the contract was awarded to DTZ (Cushman & Wakefield). The award is active and relates to the single lot. Spelthorne Borough Council used a below-threshold limited competition. The contract was signed on 1 July 2026 and runs from 1 July 2026 to 30 September 2026. Its value is £34,000 excluding VAT, or £40,800 including VAT. The contract is active. The requirement was evaluated through the Council’s limited quotation process for suitably qualified and experienced suppliers. The available outcome records one selected supplier and one awarded contract; no separate award values are stated for other lots or suppliers.

This procurement demonstrates a defined requirement for specialist reinstatement valuation work supporting a local authority’s building insurance arrangements. It is most relevant to property consultancy, valuation and insurance-risk specialists able to assess building reinstatement costs and produce work suitable for public-sector insurance purposes. A credible competitor for a future requirement from Spelthorne Borough Council would need demonstrable qualifications and relevant experience in reinstatement cost assessments, together with the capacity to examine council building assets and provide defensible valuation outputs. Suppliers with a clear track record of comparable public-sector or commercial property assignments would be well placed to evidence their suitability when this type of requirement returns to market.

How relevant is this notice?

Notice Information

Notice Title

Reinstatement Valuation for Insurance

Notice Description

Spelthorne Borough Council ("the Council") invites quotations from suitably qualified and experienced suppliers to provide a reinstatement cost assessment (RCA) for building insurance purposes.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06eae1
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/080508-2026
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

70 - Real estate services

CPV Codes

66515200 - Property insurance services

70332200 - Commercial property management services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£34,000 Under £100K

Notice Dates

Publication Date
24 Aug 20262 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
1 Jul 20261 months ago
Contract Period
1 Jul 2026 - 30 Sep 2026 1-6 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
Spelthorne Borough 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
STAINES-UPON-THAMES
Postcode
TW18 1XB
Postcode Area
Twickenham
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ25 West Surrey
Delivery Location
Not specified
Local Authority
Spelthorne
Electoral Ward
Staines
Westminster Constituency
Spelthorne

Supplier Information

Number of Suppliers
1
Supplier Name

DTZ (Cushman & Wakefield)

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...