---
title: "Site Valuation Services"
ocid: "ocds-b5fd17-07d18350-27e2-4493-985d-943bc42bbf34"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-07d18350-27e2-4493-985d-943bc42bbf34"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-07d18350-27e2-4493-985d-943bc42bbf34.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-07d18350-27e2-4493-985d-943bc42bbf34.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NHS SHARED BUSINESS SERVICES LTD (NHS SBS)"
published: "2021-03-22"
---

# Site Valuation Services

Buyer: NHS SHARED BUSINESS SERVICES LTD (NHS SBS)  
Current stage: Award  
OCID: ocds-b5fd17-07d18350-27e2-4493-985d-943bc42bbf34

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## Summary

The NHS Shared Business Services Ltd (NHS SBS) is seeking to procure site valuation services for the Royal Papworth Hospital NHS Foundation Trust, specifically to conduct an interim valuation of its premises at the Cambridge Bio Medical Campus as of 31 March 2021. This process, classified under non-residential property services, is currently at the award stage following the completion of the tender, with the awarded contract valued at £15,000. The contract period is set to commence on 1 April 2021 and will conclude on 31 March 2024. The submission deadline for the tender was 3 February 2021.

This opportunity can significantly benefit firms specialising in property valuation and consultancy, particularly those with experience in the healthcare sector and familiarity with financial reporting standards. Businesses equipped to demonstrate their capability in providing robust valuations and responding to audit queries will be particularly well-positioned to compete for this contract. Engaging with NHS contracts can enhance business growth trajectories in the burgeoning health and property services markets.

## Notice

Royal Papworth Hospital NHS Foundation Trust is looking to procure advisors to provide an interim estate valuation of its site at the Cambridge Bio Medical campus as at 31 March 2021. The Trust will require the advisors to provide appropriate evidence to external auditors to support the estate valuation and be prepared to respond to audit requests for supporting information and requests to discuss the valuation approach taken. The valuation is to be prepared for financial reporting purposes and will be undertaken in accordance with the DHSC Group Accounting Manual 2020/21, the Foundation Trust Annual Reporting Manual 2020/21 and International Financial Reporting Standards. The Trust will look to the advisor to determine the most appropriate methodology for obtaining a fair value.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/39a88061-d75d-4fe0-ae76-f7cde4516467 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 22 Mar 2021 |
| Submission deadline | 3 Feb 2021 |
| Future notice date | Not specified |
| Award date | 1 Mar 2021 |
| Contract period | 31 Mar 2021 - 31 Mar 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £27,000 |
| Lots value | Not specified |
| Awards value | £15,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NHS SHARED BUSINESS SERVICES LTD (NHS SBS) |
| Locality | CAMBRIDGE |
| Post town | Cambridge |
| Postcode | CB2 0AY |
| Country | England |
| ITL 1 | TLH East (England) |
| ITL 2 | TLH4 Cambridgeshire and Peterborough |
| ITL 3 | TLH42 Cambridgeshire CC |
| Local authority | Cambridge |
| Electoral ward | Queen Edith's |
| Westminster constituency | South Cambridgeshire |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | GERALD EVE |

## CPV Codes

### Divisions

- 70 - Real estate services

### Codes

- 70332000 - Non-residential property services
- 70332200 - Commercial property management services

## Release History

- 22 Mar 2021 at 09:02 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/39a88061-d75d-4fe0-ae76-f7cde4516467

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/39a88061-d75d-4fe0-ae76-f7cde4516467
  22nd March 2021 - Awarded contract notice on Contracts Finder
- https://uk.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=36205&B=NHSSBS
  Additional data
- https://uk.eu-supply.com/ctm/Company/CompanyInformation/Index/39
  User / Company

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-07d18350-27e2-4493-985d-943bc42bbf34. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-07d18350-27e2-4493-985d-943bc42bbf34.json.