--- title: "MBC Property Valuation" ocid: "ocds-b5fd17-260bedfe-987a-4b08-a556-8f5619a2ba44" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-260bedfe-987a-4b08-a556-8f5619a2ba44" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-260bedfe-987a-4b08-a556-8f5619a2ba44.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-260bedfe-987a-4b08-a556-8f5619a2ba44.json" source: "Contracts Finder" current_stage: "Award" buyer: "MAIDSTONE BOROUGH COUNCIL" published: "2025-02-27" --- # MBC Property Valuation Buyer: MAIDSTONE BOROUGH COUNCIL Current stage: Award OCID: ocds-b5fd17-260bedfe-987a-4b08-a556-8f5619a2ba44 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-260bedfe-987a-4b08-a556-8f5619a2ba44) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-260bedfe-987a-4b08-a556-8f5619a2ba44.json) ## Summary Maidstone Borough Council (MBC) initiated a tender process seeking qualified contractors for MBC Property Valuation services, primarily targeting the Residential and Non-residential property services industry categories. The procurement, conducted through an open procedure, covered asset valuations for yearend financial reporting and insurance. The timeline featured a Tender release on 4th September 2024, submission deadline on 9th October 2024, and projected contractor appointment by 18th October 2024, with the contract spanning from 11th November 2024 to 10th November 2027, located in England, UK. Maidstone Borough Council later awarded the contract to Wilks Head & Eve LLP starting on 31st January 2025 for a five-year term, including three optional annual extensions, at a value of £210,050. This tender presents significant business growth opportunities for entities specialising in property valuation and asset management, with an emphasis on those experienced in handling both residential and commercial properties. It is particularly well-suited for SMEs and organisations in the voluntary, community, and social enterprise sectors. Engaging in this contract allows the awarded business to expand its portfolio and potentially secure long-term engagements amidst MBC’s increasing housing portfolio, which aims to add substantial affordable and private rented sector properties. ## Notice Maidstone Borough Council (MBC) is looking for quotes from suitably experienced and qualified contractors to undertake its asset valuations for yearend financial reporting and insurance purposes. The current assets (see appendix A) are likely to increase over the next 10 years as we continue to increase our Housing portfolio for affordable housing. We are aiming to increase the stock up to around 1,000 Affordable and 350 private rented sector properties. Key and Timeline: Tender release: Wednesday 4th September 2024 Expression of Interest Deadline: 12:00pm Wednesday 2nd October 2024 Deadline for submission of completed tenders: 12:00pm Wednesday 9th October 2024 Evaluation: w/c Monday 14h October 2024 Appointment of contractor: by 18th October 2024 Contract Start Date: 11th November 2024 Please express your interest via the Kent Business Portal: Link to register: https://procontract.due-north.com/register Project Reference: DN741637 ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/64360926-16ec-41b5-b45b-bf1fd811ce9c | | Notice type | Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | SME, VCSE | | Awardee scale | SME | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 27 Feb 2025 | | Submission deadline | 2 Oct 2024 | | Future notice date | Not specified | | Award date | 10 Dec 2024 | | Contract period | 31 Jan 2025 - 30 Jan 2030 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | £210,050 | | 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 | MAIDSTONE BOROUGH COUNCIL | | Locality | MAIDSTONE | | Post town | Rochester | | Postcode | ME15 6JQ | | Country | England | | ITL 1 | TLJ South East (England) | | ITL 2 | TLJ4 Kent | | ITL 3 | TLJ45 Mid Kent | | Local authority | Maidstone | | Electoral ward | High Street | | Westminster constituency | Maidstone and Malling | | Delivery location | TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England) | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | WILKS HEAD & EVE | ## CPV Codes ### Divisions - 70 - Real estate services ### Codes - 70331000 - Residential property services - 70332000 - Non-residential property services ## Release History - 27 Feb 2025 at 10:53 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/64360926-16ec-41b5-b45b-bf1fd811ce9c - 4 Sep 2024 at 15:50 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/937cdc2e-f106-4115-b8ad-dff891a05551 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/64360926-16ec-41b5-b45b-bf1fd811ce9c 27th February 2025 - Awarded contract notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/937cdc2e-f106-4115-b8ad-dff891a05551 4th September 2024 - Opportunity notice on Contracts Finder - https://procontract.due-north.com/Advert?advertId=f9afb7ba-d36a-ef11-812f-005056b64545 Advert ## Notice URLs - http://www.maidstone.gov.uk/ - https://procontract.due-north.com/register ## 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-b5fd17-260bedfe-987a-4b08-a556-8f5619a2ba44. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-260bedfe-987a-4b08-a556-8f5619a2ba44.json.