--- title: "Building Valuations for Insurance Purposes" ocid: "ocds-b5fd17-65476639-c0f0-4a8d-9090-f936aa0ebad1" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-65476639-c0f0-4a8d-9090-f936aa0ebad1" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-65476639-c0f0-4a8d-9090-f936aa0ebad1.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-65476639-c0f0-4a8d-9090-f936aa0ebad1.json" source: "Contracts Finder" current_stage: "Award" buyer: "SEFTON COUNCIL" published: "2023-01-14" --- # Building Valuations for Insurance Purposes Buyer: SEFTON COUNCIL Current stage: Award OCID: ocds-b5fd17-65476639-c0f0-4a8d-9090-f936aa0ebad1 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-65476639-c0f0-4a8d-9090-f936aa0ebad1) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-65476639-c0f0-4a8d-9090-f936aa0ebad1.json) ## Summary Sefton Council is looking for suppliers to provide building valuations for insurance purposes for 232 properties. The valuations, focusing on reinstatement cost, need to be performed by professionals with RICS or equivalent qualifications. The contract, valued at GBP 100,000, has been awarded and will run from January 4, 2023, to April 30, 2023. The procurement process follows an open procedure method with a tender period ending on December 9, 2022. The Council is situated in Bootle, England, and the industry category is real estate services. This tender by Sefton Council presents an opportunity for businesses in the real estate services sector to provide building valuations for insurance purposes. Small and medium-sized enterprises (SMEs) with expertise in property valuation and professional indemnity insurance can compete for this contract. The contract period offers a chance for selected suppliers to showcase their capabilities in serving public authorities like Sefton Council. Businesses in the real estate services industry, particularly those experienced in valuation and risk assessment, are well-suited to engage in this procurement process. ## Notice Sefton Metropolitan Borough Council (the Council) is seeking quotes to supply buildings valuations for insurance purposes for 232 properties, whilst also receiving assurance that the level of professional indemnity insurance provided by the supplier(s) is satisfactory for risk purposes. The valuations required are for reinstatement cost and should be undertaken by professionals holding a RICS, or equivalent, qualification. The valuations are to be undertaken via a hybrid exercise. Buildings identified as being valued at PS500,000 or more are to be categorised by the supplier(s) and 15% of these buildings to be visited and valued before extrapolating across the rest of the portfolio. Buildings identified as being under PS500,000 are all to be valued via a desktop exercise by the supplier(s). Within the list of buildings there are the usual types of buildings for a local authority, including, but not limited to, the following, and which includes some vacant properties: * Schools, Nurseries, and other educational establishments * Leisure Centres * Children's Centres and Homes * Residential Homes * Town Halls * Offices * Depots * Park Pavilions * Cemeteries and Crematoria * Libraries * Market Hall * Pumping Stations There is no in-house building surveyor capacity in the Council to support with this exercise, and limited information to hand, although a broad range of the assets can potentially be categorised, such as year of build and area with some asset management surveys made available. Please therefore assume that there is limited information available. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/37eabb0b-3ac0-4e20-b6c0-4849088130de | | Notice type | Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | SME | | Awardee scale | SME | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 14 Jan 2023 | | Submission deadline | 9 Dec 2022 | | Future notice date | Not specified | | Award date | 3 Jan 2023 | | Contract period | 9 Jan 2023 - 31 May 2023 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £100,000 | | Lots value | Not specified | | Awards value | £34,950 | | 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 | SEFTON COUNCIL | | Locality | BOOTLE | | Post town | Liverpool | | Postcode | L20 3NJ | | Country | England | | ITL 1 | TLD North West (England) | | ITL 2 | TLD7 Merseyside | | ITL 3 | TLD73 Sefton | | Local authority | Sefton | | Electoral ward | Derby | | Westminster constituency | Bootle | | 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 | SUTCLIFFE | ## CPV Codes ### Divisions - 70 - Real estate services ### Codes - 70000000 - Real estate services ## Release History - 14 Jan 2023 at 11:48 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/37eabb0b-3ac0-4e20-b6c0-4849088130de - 14 Nov 2022 at 15:51 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/8437206f-106f-4821-8ea3-515137b39edc ## Documents - https://www.contractsfinder.service.gov.uk/Notice/37eabb0b-3ac0-4e20-b6c0-4849088130de 14th January 2023 - Awarded contract notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/8437206f-106f-4821-8ea3-515137b39edc 14th November 2022 - Opportunity notice on Contracts Finder - https://procontract.due-north.com/Advert?advertId=12f5e65c-2b64-ed11-811b-9f38301b3091 Advert ## Notice URLs - http://www.sefton.gov.uk/ ## 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-b5fd17-65476639-c0f0-4a8d-9090-f936aa0ebad1. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-65476639-c0f0-4a8d-9090-f936aa0ebad1.json.