---
title: "BE23164 Revaluation of UKRI STFC's Land and Building Assets"
ocid: "ocds-b5fd17-6895976c-9850-4474-985a-849d2b4a2e1e"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-6895976c-9850-4474-985a-849d2b4a2e1e"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-6895976c-9850-4474-985a-849d2b4a2e1e.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-6895976c-9850-4474-985a-849d2b4a2e1e.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "UK SHARED BUSINESS SERVICES LIMITED"
published: "2024-01-16"
---

# BE23164 Revaluation of UKRI STFC's Land and Building Assets

Buyer: UK SHARED BUSINESS SERVICES LIMITED  
Current stage: Award  
OCID: ocds-b5fd17-6895976c-9850-4474-985a-849d2b4a2e1e

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## Summary

The UK Shared Business Services Limited has awarded a tender for the revaluation of UKRI STFC's Land and Building Assets to Carter Jonas LLP. The procurement method used was selective, calling off from a framework agreement. The tender period ended on 7th November 2023, while the contract period spans from 27th November 2023 to 26th November 2028. The total contract value is £292,000. The procurement falls under the services category and involves building surveying services.

This award presents business growth opportunities for firms in the building surveying services sector who can provide professional revaluations of property, plant, and equipment in accordance with RICS guidelines. Small and medium-sized enterprises (SMEs) with expertise in asset valuation and surveying services are well-suited to compete. The successful supplier may need to engage with the National Audit Office and be prepared to explain their methodology and costings promptly throughout the contract period.

## Notice

***** THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION ***** This procurement is being concluded following a mini competition under Crown Commercial Services Framework - Estates Professional Services - RM6168 - Lot 5 Independent professional revaluations obtained for all property, plant and equipment (PPE) The service required is as follows: a) i. To revalue the whole of UKRI's estate over the course of the revaluation cycle (5 years). ii. To provide valuations for the UKRI's land and building assets located at the various sites iii. To provide remaining useful lives for the assets. b) The valuations are to be as at 31st March each year. c) All valuations are to be carried out in accordance with the current practice and guidance notes of the Royal Institute of Chartered Surveyors (RICS). d) A full list of assets to be valued and site plans will be provided when the tender has been agreed between parties. Notwithstanding this list valuation should include all infrastructure assets for each site unless specifically excluded by the UKRI. Examples of items to be included in the valuation are playing fields, roads, external lighting and isolated substations. e) Where the valuations are materially different from current valuations further explanation and evidence to support this may be required. f) If an item of property comprises two or more significant components, with substantially different useful lives, then each component must be valued separately. g) Plant and machinery, which forms an integral part of the building, is to be included in the valuation. The Council can provide details of non-building assets. The successful supplier is to provide a list of mechanical, electrical services, plant and other items included in the valuation as part of the work. h) Provisional additional budget of PS50k (ex VAT) should additional requirements arise during 5-year contract period. This is subject to an acceptable quotation. i.) The successful supplier may be required to explain their methodology and costing calculations to the National Audit Office on a very timely basis and must make themselves available to do so. It is expected this may be required up to the end of June within each Contract Year.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/1a897982-5cf2-40cf-9cf7-230a4853a8ab |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 16 Jan 2024 |
| Submission deadline | 7 Nov 2023 |
| Future notice date | Not specified |
| Award date | 28 Nov 2023 |
| Contract period | 27 Nov 2023 - 26 Nov 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £292,000 |
| Lots value | Not specified |
| Awards value | £292,000 |
| 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 | UK SHARED BUSINESS SERVICES LIMITED |
| Locality | SWINDON |
| Post town | Swindon |
| Postcode | SN2 1FF |
| Country | England |
| ITL 1 | TLK South West (England) |
| ITL 2 | TLK7 Gloucestershire and Wiltshire |
| ITL 3 | TLK71 Swindon |
| Local authority | Swindon |
| Electoral ward | Rodbourne Cheney |
| Westminster constituency | Swindon North |
| 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 | CARTER JONAS |

## CPV Codes

### Divisions

- 71 - Architectural, construction, engineering and inspection services

### Codes

- 71315300 - Building surveying services

## Release History

- 16 Jan 2024 at 07:45 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/1a897982-5cf2-40cf-9cf7-230a4853a8ab

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/1a897982-5cf2-40cf-9cf7-230a4853a8ab
  16th January 2024 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/74c5c2c8-100b-4f6b-bb70-d3e69755e98a
  Redacted PO
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/0b8ca2ce-641e-4675-8c4d-3dc22ce58c36
  Redacted Contract

## Notice URLs

- http://www.uksbs.co.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-b5fd17-6895976c-9850-4474-985a-849d2b4a2e1e. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-6895976c-9850-4474-985a-849d2b4a2e1e.json.