---
title: "CST234 External Property Valuation Services"
ocid: "ocds-b5fd17-343475ed-cd3b-43c5-8f5d-2799ecdf4d13"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-343475ed-cd3b-43c5-8f5d-2799ecdf4d13"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-343475ed-cd3b-43c5-8f5d-2799ecdf4d13.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-343475ed-cd3b-43c5-8f5d-2799ecdf4d13.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "Derbyshire County Council"
published: "2026-09-14"
---

# CST234 External Property Valuation Services

Buyer: Derbyshire County Council  
Current stage: Award  
OCID: ocds-b5fd17-343475ed-cd3b-43c5-8f5d-2799ecdf4d13

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## Summary

Derbyshire County Council commissioned independent property valuation services for Derbyshire Pension Fund’s real estate portfolio. The requirement covers quarterly valuations of the Fund’s property assets, providing an independent assessment for its investment and pension-fund management needs. The work is delivered for the portfolio in the East Midlands. This is a professional property and real-estate service, falling within property management services on a fee or contract basis (CPV 70330000), with business, consulting and related professional services also identified. The appointed provider is expected to value a portfolio of real estate independently and repeatedly over the contract term, rather than deliver construction, facilities management or general property maintenance. The procurement was run by Derbyshire County Council as the buyer.

The procurement is complete and was awarded to Knight Frank LLP on 23 April 2026. The awarded contract value is £181,500 including the stated currency, with a contract period from 1 May 2026 to 30 April 2031. The requirement was awarded through Staffordshire County Council’s framework agreement for the appointment of an independent property valuer (IA3475), using the framework’s stated alternative procurement route. The wider estimated procurement value is also £181,500. The tender submission deadline was 27 February 2026 at 23:59 UTC. The data identifies suitability for small and medium-sized enterprises and voluntary, community and social enterprises. The selected supplier is Knight Frank LLP.

This award demonstrates sustained public-sector demand for independent, recurring valuation of real-estate portfolios in the East Midlands. Suppliers well placed for a future requirement would need an established property valuation practice, demonstrable independence and the capacity to complete reliable quarterly assessments across a portfolio rather than occasional one-off valuations. Experience working with public-sector asset owners, pension funds or institutional property investors would help demonstrate understanding of governance, reporting and investment-valuation needs. Credible competitors would also need the operational capacity to maintain consistent valuation standards over a multi-year service, respond to regular reporting cycles and support assurance of the figures provided. Access to an appropriate independent-property-valuer framework or route into one would be commercially important for competing through the same purchasing approach.

## Notice

Provision of independent quarterly property valuation services for Derbyshire Pension Fund's real estate portfolio. Awarded under Staffordshire County Council's Framework Agreement for the Appointment of an Independent Property Valuer (IA3475)

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/1dbd6394-6ccb-4ec5-9e7a-ff597c28815f |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - |
| Tender suitability | SME, VCSE |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 14 Sep 2026 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 23 Apr 2026 |
| Contract period | 1 May 2026 - 30 Apr 2031 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £181,500 |
| Lots value | Not specified |
| Awards value | £181,500 |
| 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 | Derbyshire County Council |
| Locality | MATLOCK |
| Postcode area | Derby |
| Postcode | DE4 3AG |
| Country | England |
| ITL 1 | TLF East Midlands (England) |
| ITL 2 | TLF1 Derbyshire and Nottinghamshire |
| ITL 3 | TLF13 South and West Derbyshire |
| Local authority | Derbyshire Dales |
| Electoral ward | Matlock West |
| Westminster constituency | Derbyshire Dales |
| Delivery location | TLF East Midlands (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | Knight Frank LLP |

## CPV Codes

### Divisions

- 70 - Real estate services
- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 70330000 - Property management services of real estate on a fee or contract basis
- 79000000 - Business services: law, marketing, consulting, recruitment, printing and security

## Release History

- 14 Sep 2026 at 15:04 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/1dbd6394-6ccb-4ec5-9e7a-ff597c28815f

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/1dbd6394-6ccb-4ec5-9e7a-ff597c28815f
  14th September 2026 - Awarded contract notice on Contracts Finder

## Notice URLs

- http://www.derbyshire.gov.uk/

## Provenance

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