Notice Information
Notice Title
Independent Valuation of the OE, C&P and CCS/CCUS Portfolios
Notice Description
Crown Estate Scotland is seeking to appoint a RICS qualified valuer to undertake the annual Independent Valuation of the Crown Estate Scotland Ocean Energy (OE), Cables and Pipelines (C&P) and Carbon Capture and Storage (CCS/CCUS) Portfolios. These will be provided as individual, standalone valuations. The initial appointment will be for the FY2022/23 valuation, with the option to extend by three more years, one year at a time.
Lot Information
Lot 1
Valuation Basis: - The valuations are of the various property agreements (Option and Lease agreements) within each portfolio, not the underlying seabed/foreshore. - The valuations will be based on a review of relevant documentation and discussions with CES staff. - No site visits will be required. - The Valuation should be carried out in accordance with the latest edition of RICS Valuation - Global Standards ('Red Book Global Standards') which took effect on 31 January 2022. - We have adopted IFRS (International Financial Reporting Standards). The basis of value should therefore be fair value and IFRS 13 (as amended) will apply.
Options: The initial appointment will be for the FY2022/23 valuation, with the option to extend by three more years, one year at a time.
Renewal: The initial appointment will be for the FY2022/23 valuation, with the option to extend by three more years, one year at a time.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-r6ebe6-0000708317
- Publication Source
- Public Contracts Scotland
- Latest Notice
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=DEC466964
- Current Stage
- Award
- All Stages
- Tender, Award
Procurement Classification
- Notice Type
- PCS Notice - Website Contract Award Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Open
- Procurement Method Details
- Open procedure
- Tender Suitability
- Not specified
- Awardee Scale
- SME
Common Procurement Vocabulary (CPV)
- CPV Divisions
65 - Public utilities
71 - Architectural, construction, engineering and inspection services
76 - Services related to the oil and gas industry
-
- CPV Codes
65400000 - Other sources of energy supplies and distribution
71355000 - Surveying services
76520000 - Offshore services
Notice Value(s)
- Tender Value
- £52,000 Under £100K
- Lots Value
- £52,000 Under £100K
- Awards Value
- Not specified
- Contracts Value
- £48,000 Under £100K
Notice Dates
- Publication Date
- 15 Dec 20223 years ago
- Submission Deadline
- 28 Oct 2022Expired
- Future Notice Date
- Not specified
- Award Date
- 14 Dec 20223 years ago
- Contract Period
- Not specified - Not specified
- Recurrence
- Depending on options to extend exercised may be published in either 12, 24, 36 or 48 months
Notice Status
- Tender Status
- Complete
- Lots Status
- Complete
- Awards Status
- Not Specified
- Contracts Status
- Active
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- CROWN ESTATE SCOTLAND
- Contact Name
- Maurice McTeague
- Contact Email
- maurice.mcteague@crownestatescotland.com
- Contact Phone
- +44 1314607657
Buyer Location
- Locality
- EDINBURGH
- Postcode
- EH3 9GL
- Post Town
- Edinburgh
- Country
- Scotland
-
- Major Region (ITL 1)
- TLM Scotland
- Basic Region (ITL 2)
- TLM1 East Central Scotland
- Small Region (ITL 3)
- TLM13 City of Edinburgh
- Delivery Location
- TLM Scotland
-
- Local Authority
- City of Edinburgh
- Electoral Ward
- City Centre
- Westminster Constituency
- Edinburgh East and Musselburgh
Further Information
Notice Documents
-
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=SEP460241&idx=2
29th September 2022 - Crown Estate Scotland Related Policies -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=SEP460241&idx=1
29th September 2022 - Invitation to Tender -
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP460241
Independent Valuation of the OE, C&P and CCS/CCUS Portfolios - Crown Estate Scotland is seeking to appoint a RICS qualified valuer to undertake the annual Independent Valuation of the Crown Estate Scotland Ocean Energy (OE), Cables and Pipelines (C&P) and Carbon Capture and Storage (CCS/CCUS) Portfolios. These will be provided as individual, standalone valuations. The initial appointment will be for the FY2022/23 valuation, with the option to extend by three more years, one year at a time. -
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=DEC466964
Independent Valuation of the OE, C&P and CCS/CCUS Portfolios - Crown Estate Scotland is seeking to appoint a RICS qualified valuer to undertake the annual Independent Valuation of the Crown Estate Scotland Ocean Energy (OE), Cables and Pipelines (C&P) and Carbon Capture and Storage (CCS/CCUS) Portfolios. These will be provided as individual, standalone valuations. The initial appointment will be for the FY2022/23 valuation, with the option to extend by three more years, one year at a time.
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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