---
title: "MVDC AH PROPERTY EVALUATIONS FOR THE PURPOSE OF IFRS REPORTING AND INSURANCE VALUATIONS - AWARD"
ocid: "ocds-b5fd17-1e97a1d3-ea33-4228-afd0-eef54ba2d904"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-1e97a1d3-ea33-4228-afd0-eef54ba2d904"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-1e97a1d3-ea33-4228-afd0-eef54ba2d904.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-1e97a1d3-ea33-4228-afd0-eef54ba2d904.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "SE SHARED SERVICES"
published: "2018-11-22"
---

# MVDC AH PROPERTY EVALUATIONS FOR THE PURPOSE OF IFRS REPORTING AND INSURANCE VALUATIONS - AWARD

Buyer: SE SHARED SERVICES  
Current stage: Award  
OCID: ocds-b5fd17-1e97a1d3-ea33-4228-afd0-eef54ba2d904

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-1e97a1d3-ea33-4228-afd0-eef54ba2d904)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-1e97a1d3-ea33-4228-afd0-eef54ba2d904.json)

## Summary

The procurement process titled "MVDC AH Property Evaluations for the Purpose of IFRS Reporting and Insurance Valuations" has been awarded by SE Shared Services, located in Dorking, Surrey, within the South East region of the United Kingdom. This contract falls under the category of "Commercial property management services" and involved an open procurement method. The successful bidder, Wilks Head & Eve LLP, will undertake the valuation of approximately 200 Council properties, with the contract period scheduled to commence on 1 December 2018 and concluding on 1 December 2021. The tender period concluded on 30 November 2018, marking key deadlines in this process.

This tender presents significant opportunities for professional valuers and firms specialising in asset evaluations, particularly those familiar with IFRS and RICS standards. Small and medium-sized enterprises (SMEs) with experience in property valuations are likely to find this procurement attractive, given that SE Shared Services expressed a preference for suppliers in this category. Engaging in this contract could enhance a firm’s portfolio, allowing them to gain visibility and credibility within the public sector, potentially leading to further business opportunities.

## Notice

To comply with IFRS requirements the Council intends to appoint an appropriately experienced firm of Valuers to undertake asset valuations of the Council's portfolio of property, this is the core service of the contract. The Valuer must complete the valuation report in accordance with the following guidance relating to asset valuation for capital accounting purposes: o Royal Institution of Chartered Surveyors (RICS) Valuation- Professional Standards 2014 (Revised 2015) and RICS Valuation - Global Standards 2017 ('The Standards') o International Financial Reporting Standards (IFRS) o Chartered Institute of Public Finance and Accounting Code of Practice on Local Authority Accounting ('The CIPFA Code') There are approximately 200 assets that require valuing. The MVDC properties are predominantly spread across the entire geographical area that is administered by the Council. The MOVA portfolio is located further afield including Wales, Basingstoke and Stratford. The details of all the assets will be provided to the successful bidder.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/e308ae89-9cb1-4b81-9e2e-fe44801cfe71 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 22 Nov 2018 |
| Submission deadline | 30 Nov 2018 |
| Future notice date | Not specified |
| Award date | 22 Nov 2018 |
| Contract period | 1 Dec 2018 - 1 Dec 2021 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| 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 | SE SHARED SERVICES |
| Locality | SURREY |
| Post town | Redhill |
| Postcode | RH4 1SJ |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ2 Surrey, East and West Sussex |
| ITL 3 | TLJ26 East Surrey |
| Local authority | Mole Valley |
| Electoral ward | Dorking North |
| Westminster constituency | Dorking and Horley |
| Delivery location | TLJ South East (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | WILKS HEAD & EVE |

## CPV Codes

### Divisions

- 70 - Real estate services

### Codes

- 70332200 - Commercial property management services

## Release History

- 22 Nov 2018 at 16:03 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/e308ae89-9cb1-4b81-9e2e-fe44801cfe71
- 22 Nov 2018 at 16:03 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/e308ae89-9cb1-4b81-9e2e-fe44801cfe71

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/e308ae89-9cb1-4b81-9e2e-fe44801cfe71
  22nd November 2018 - Awarded contract notice on Contracts Finder

## 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-b5fd17-1e97a1d3-ea33-4228-afd0-eef54ba2d904. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-1e97a1d3-ea33-4228-afd0-eef54ba2d904.json.