--- title: "Asset Valuations of Council owned property" ocid: "ocds-b5fd17-11343b72-d5c4-46e8-b834-aa4cbfe951f0" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-11343b72-d5c4-46e8-b834-aa4cbfe951f0" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-11343b72-d5c4-46e8-b834-aa4cbfe951f0.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-11343b72-d5c4-46e8-b834-aa4cbfe951f0.json" source: "Contracts Finder" current_stage: "Award" buyer: "COPELAND BOROUGH COUNCIL" published: "2020-11-27" --- # Asset Valuations of Council owned property Buyer: COPELAND BOROUGH COUNCIL Current stage: Award OCID: ocds-b5fd17-11343b72-d5c4-46e8-b834-aa4cbfe951f0 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-11343b72-d5c4-46e8-b834-aa4cbfe951f0) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-11343b72-d5c4-46e8-b834-aa4cbfe951f0.json) ## Summary Copeland Borough Council is seeking external valuers for the "Asset Valuations of Council owned property" tender. This contract, identified as COPE001-DN505181-57772962, involves valuing approximately 170 properties over a three-year period, covering accounting periods ending on 31st March 2021, 31st March 2022, and 31st March 2023. The tender was published on 16th October 2020 and closed on 9th November 2020. This procurement falls under the services category, specifically for technical analysis or consultancy services, and was conducted via an open procurement method. The contract is set to commence on 18th November 2020 and conclude on 17th November 2023, with a total value of £36,000. This tender presents significant growth opportunities for small and medium-sized enterprises (SMEs) with expertise in property valuation and consultancy services. Businesses that specialise in asset management or have experience in local government contracts would be particularly well-suited to compete. As the council looks to ensure accurate property evaluations for financial accounting, participants in this tender can contribute to the effective management and valuation of public assets, establishing long-term partnerships with the council. ## Notice Copeland Borough Council is seeking to appoint external valuers to undertake asset valuations of its property portfolio for the three financial accounting period ending 31st March 2021, 31st March 2022, and 31st March 2023. The valuations are required for capital accounting purposes and the preparation of the year end accounts for the periods 2020/21, 2021/22 and 2022/23. The commission is for a period of three years. This commission will cover: * The Council's operational and non-operational assets, there are currently around 170 in the portfolio, in order to rebase the accounts and reflect any value changes which have arisen since they were last valued. * The valuation of any new or altered asset where either physical or economic impairment has arisen, capital expenditure has been incurred, or part disposals have taken place. * Valuation apportionments for assets where disposals have arisen during the course of the relevant financial year. * For all operational properties a reconsideration of their remaining useful asset life, and an apportionment of value for each between land and buildings for the purposes of calculating depreciation, together with componentisation advice where applicable. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/b32952a9-5920-4603-8908-c97d2f898491 | | Notice type | Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | SME | | Awardee scale | SME | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 27 Nov 2020 | | Submission deadline | 9 Nov 2020 | | Future notice date | Not specified | | Award date | 24 Nov 2020 | | Contract period | 3 Dec 2020 - 2 Dec 2023 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | £36,000 | | 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 | COPELAND BOROUGH COUNCIL | | Locality | WHITEHAVEN | | Post town | Carlisle | | Postcode | CA28 7SJ | | Country | England | | ITL 1 | TLD North West (England) | | ITL 2 | TLD1 Cumbria | | ITL 3 | TLD13 Cumberland | | Local authority | Cumberland | | Electoral ward | Kells and Sandwith | | Westminster constituency | Whitehaven and Workington | | Delivery location | TLD North West (England) | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | EDWIN THOMPSON | ## CPV Codes ### Divisions - 71 - Architectural, construction, engineering and inspection services ### Codes - 71621000 - Technical analysis or consultancy services ## Release History - 27 Nov 2020 at 14:01 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/b32952a9-5920-4603-8908-c97d2f898491 - 16 Oct 2020 at 13:57 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/32d70855-8b93-4b6a-99ab-fda3e2284d57 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/b32952a9-5920-4603-8908-c97d2f898491 27th November 2020 - Awarded contract notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/32d70855-8b93-4b6a-99ab-fda3e2284d57 16th October 2020 - Opportunity notice on Contracts Finder - https://procontract.due-north.com/Advert?advertId=710bf5c1-b50f-eb11-8105-005056b64545 Advert ## Notice URLs - http://www.copeland.gov.uk/ ## 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-b5fd17-11343b72-d5c4-46e8-b834-aa4cbfe951f0. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-11343b72-d5c4-46e8-b834-aa4cbfe951f0.json.