---
title: "Valuation of WBC Properties for Insurance Purposes - AWARD"
ocid: "ocds-b5fd17-3073d924-acad-454d-9664-350d8e20b9f9"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-3073d924-acad-454d-9664-350d8e20b9f9"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-3073d924-acad-454d-9664-350d8e20b9f9.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-3073d924-acad-454d-9664-350d8e20b9f9.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "WEST BERKSHIRE COUNCIL"
published: "2025-01-17"
---

# Valuation of WBC Properties for Insurance Purposes - AWARD

Buyer: WEST BERKSHIRE COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-3073d924-acad-454d-9664-350d8e20b9f9

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## Summary

West Berkshire Council is seeking a company to conduct a 5-year rolling programme of insurance valuations for all Council properties. This procurement process falls under the financial and insurance services category. The tender employs a restricted procedure and covers various geographical locations, including the United Kingdom, Europe, and the British Overseas Territories. The project entails evaluating approximately 20% of properties annually, including commercial investment properties and over 300 operational properties. The contract period starts on 6th January 2025 and ends on 5th January 2030, with an award value of £36,200. The tender process concluded on 9th December 2024, and the contract was awarded to Wilks Head & Eve LLP on 23rd December 2024.

This tender presents a lucrative opportunity for businesses specialising in financial and insurance services. The extended contract duration offers a steady workflow, with the possibility of further property evaluations given the Council's vast and diverse portfolio. Larger firms with the capacity to handle extensive and varied property portfolios across multiple regions would be well-suited to take on this project, fostering significant business growth through long-term collaboration with a reputable council buyer.

## Notice

Currently we have a 5 year rolling programme of insurance valuations for all the Council's properties which is coming to an end. We now wish to procure a company to carry out a 5-year programme of rolling insurance valuations with approximately 20% valued each year. In 2018 West Berkshire Council commenced the acquisition of a commercial Property Investment Portfolio which currently comprises of eight investment properties scattered geographically across the UK (though it is envisaged to dispose of these over the course of this contract). In addition, the council owns two small industrial estates and six stand-alone properties locally that are also categorised as investment properties. The council also owns approximately 300 operational properties including community centres, schools, libraries, toilets, caretakers and homeless persons residential accommodation, farms, etc.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/42af5693-ef96-4f30-8e00-99a1ac7ab437 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 17 Jan 2025 |
| Submission deadline | 9 Dec 2024 |
| Future notice date | Not specified |
| Award date | 23 Dec 2024 |
| Contract period | 6 Jan 2025 - 5 Jan 2030 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £36,200 |
| 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 | WEST BERKSHIRE COUNCIL |
| Locality | BERKSHIRE |
| Post town | Reading |
| Postcode | RG14 5LD |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ1 Berkshire, Buckinghamshire and Oxfordshire |
| ITL 3 | TLJ16 Berkshire West |
| Local authority | West Berkshire |
| Electoral ward | Newbury Central |
| Westminster constituency | Newbury |
| Delivery location | Not specified |

## Supplier

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

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 17 Jan 2025 at 15:46 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/42af5693-ef96-4f30-8e00-99a1ac7ab437
- 17 Jan 2025 at 15:46 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/42af5693-ef96-4f30-8e00-99a1ac7ab437

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/42af5693-ef96-4f30-8e00-99a1ac7ab437
  17th January 2025 - 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-b5fd17-3073d924-acad-454d-9664-350d8e20b9f9. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-3073d924-acad-454d-9664-350d8e20b9f9.json.