---
title: "Asset Valuation"
ocid: "ocds-b5fd17-54600ba4-c144-46ca-8545-7a694bd66970"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-54600ba4-c144-46ca-8545-7a694bd66970"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-54600ba4-c144-46ca-8545-7a694bd66970.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-54600ba4-c144-46ca-8545-7a694bd66970.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "KENT FIRE & RESCUE SERVICE"
published: "2025-01-20"
---

# Asset Valuation

Buyer: KENT FIRE & RESCUE SERVICE  
Current stage: Award  
OCID: ocds-b5fd17-54600ba4-c144-46ca-8545-7a694bd66970

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-54600ba4-c144-46ca-8545-7a694bd66970)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-54600ba4-c144-46ca-8545-7a694bd66970.json)

## Summary

Kent Fire & Rescue Service has recently awarded a contract titled "Asset Valuation" within the Financial and Insurance Services category. The procurement process has been conducted through a selective method, specifically a call-off from a framework agreement. The contract's purpose is to provide valuations of properties for financial reporting, adhering to the Chartered Institute of Public Finance and Accountancy (CIPFA) Code of Accounting practice and International Financial Reporting Standards. The contracting period begins on 14 January 2025 and ends on 14 January 2030, with the award announced on 20 January 2025. The valuation services will be located at ME15 6XB, Maidstone, England. 

This tender presents growth opportunities for companies specialising in financial auditing and statutory audit services. Large businesses with qualified personnel familiar with the Royal Institute of Chartered Surveyors (RICS) Red Book guidelines and CIPFA Code will find this contract particularly appealing. Although the procurement process excludes Small and Medium Enterprises (SMEs) and Voluntary, Community, and Social Enterprises (VCSEs), companies capable of delivering high-quality asset valuation in compliance with stringent financial reporting standards stand to benefit substantially from this long-term contract with Kent Fire & Rescue Service. The selected supplier, Cluttons LLP, exemplifies the type of business well-suited for such opportunities.

## Notice

A valuation of the properties for financial reporting purposes. Valuations must comply with the requirements set out in the Chartered Institute of Public Finance and Accountancy (CIPFA) Code of Accounting practice. The code is based on International Financial Reporting Standards and is updated annually to reflect developments in accounting reporting. The service must be undertaken by suitably qualified personnel who will undertake the valuations in line with professional guidance contained within the Royal Institute of Chartered Surveyors (RICS) Red Book.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/1ce6e8ba-9291-429f-9040-6e589f54e8dc |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 20 Jan 2025 |
| Submission deadline | 8 Jan 2025 |
| Future notice date | Not specified |
| Award date | 8 Jan 2025 |
| Contract period | 14 Jan 2025 - 14 Jan 2030 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £282,265 |
| Lots value | Not specified |
| Awards value | £282,265 |
| 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 | KENT FIRE & RESCUE SERVICE |
| Locality | MAIDSTONE |
| Post town | Rochester |
| Postcode | ME15 6XB |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ4 Kent |
| ITL 3 | TLJ45 Mid Kent |
| Local authority | Maidstone |
| Electoral ward | Tovil |
| Westminster constituency | Maidstone and Malling |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | CLUTTONS |

## CPV Codes

### Divisions

- 66 - Financial and insurance services
- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 66000000 - Financial and insurance services
- 79212100 - Financial auditing services
- 79212300 - Statutory audit services

## Release History

- 20 Jan 2025 at 13:43 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/1ce6e8ba-9291-429f-9040-6e589f54e8dc

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/1ce6e8ba-9291-429f-9040-6e589f54e8dc
  20th 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-b5fd17-54600ba4-c144-46ca-8545-7a694bd66970. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-54600ba4-c144-46ca-8545-7a694bd66970.json.