--- title: "Valuation of Shared Waste Partnership Assets" ocid: "ocds-b5fd17-6a0b85e7-733f-48aa-ab58-536502cd0050" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-6a0b85e7-733f-48aa-ab58-536502cd0050" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-6a0b85e7-733f-48aa-ab58-536502cd0050.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-6a0b85e7-733f-48aa-ab58-536502cd0050.json" source: "Contracts Finder" current_stage: "Tender" buyer: "HAMPSHIRE COUNTY COUNCIL" published: "2023-12-18" --- # Valuation of Shared Waste Partnership Assets Buyer: HAMPSHIRE COUNTY COUNCIL Current stage: Tender OCID: ocds-b5fd17-6a0b85e7-733f-48aa-ab58-536502cd0050 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-6a0b85e7-733f-48aa-ab58-536502cd0050) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-6a0b85e7-733f-48aa-ab58-536502cd0050.json) ## Summary The Hampshire County Council, acting on behalf of Project Integra, is conducting a procurement process for the valuation of shared waste partnership assets as at 31 March 2024. The contract encompasses land, buildings, and specialist plant/equipment for five specific sites in Hampshire and Portsmouth. The anticipated contract start date is 5 February 2024, with valuations due by 8 April 2024. Interested parties must submit clarification queries and express interest by 5 January 2024, and submit quotations by 19 January 2024. The procurement method is competitive quotation (below threshold), with a contract value of £25,000. This tender by Hampshire County Council presents an opportunity for businesses involved in real estate services to engage in a competitive procurement process. Small and medium-sized enterprises (SMEs) could find this tender particularly suitable due to the limited procurement method employed. Businesses with expertise in asset valuation, in alignment with CIPFA Code of Practice and RICS guidance, are well-suited to participate in this procurement. The specified effective date for valuations is 31 March 2024, and the contract period runs from 5 February to 8 April 2024, providing a relatively short turnaround time for interested bidders. ## Notice Hampshire County Council, on behalf of Project Integra, a local authority partnership comprising Hampshire County Council, Southampton City Council and Portsmouth City Council with Hampshire Waste Services Ltd require a valuation of the shared waste partnership assets as at 31 March 2024 for financial accounting purposes to include land, buildings & specialist plant/equipment. This includes the following five sites. 1) Chineham Energy Recovery Facility, Whitmarsh Lane, Chineham, Basingstoke, Hampshire, RG24 8LL 2) Marchwood Energy Recovery Facility, Marchwood Industrial Park, Oceanic Way, Southampton, Hampshire, SO40 4BD 3) Portsmouth Energy Recovery Facility, Quartremaine Road, Portsmouth, Hampshire, PO3 5HQ 4) Alton Material Recovery Facility, Farnham Road, Upper Froyle, Alton, Hampshire, GU34 4JD 5) Portsmouth Material Recovery Facility, Quartremaine Road, Portsmouth, Hampshire, PO3 5HQ Valuation Requirements The principles and practices used to compile the financial statements of local authorities are governed by the CIPFA Code of Practice 2023/24 ('the Code'), based on International Financial Reporting Standards (which means that asset valuations must be valid at the closing balance sheet date of 31st March each year). The specified assets must be valued in accordance with requirements of the CIPFA Code and the Statements of Asset Valuation Principles and Guidance Notes issued by the Royal Institution of Chartered Surveyors. Effective Date of Valuations The effective date for valuations is 31st March 2024 Contract Details The contract will be with Hampshire County Council as lead authority for the partnership. The anticipated start date for the contract will be 5 February 2024. Valuations should be completed and draft report issued no later than 8 April 2024. Contact Details Please direct any questions to capital.accounting@hants.gov.uk Please note the following deadlines for responding to this request. Deadline for clarification queries and confirmation of interest: 5pm Friday 5 January 2024 Quotation return: 5pm Friday 19 January 2024 ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/b82f2462-70a2-4698-8fa3-1238063fb762 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Limited | | Procurement method details | Competitive quotation (below threshold) | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 18 Dec 2023 | | Submission deadline | 19 Jan 2024 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 5 Feb 2024 - 8 Apr 2024 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £25,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | HAMPSHIRE COUNTY COUNCIL | | Locality | WINCHESTER | | Post town | Southampton | | Postcode | SO23 8ZB | | Country | England | | ITL 1 | TLJ South East (England) | | ITL 2 | TLJ3 Hampshire and Isle of Wight | | ITL 3 | TLJ36 Central Hampshire | | Local authority | Winchester | | Electoral ward | St Michael | | Westminster constituency | Winchester | | Delivery location | TLJ South East (England) | ## CPV Codes ### Divisions - 70 - Real estate services ### Codes - 70000000 - Real estate services ## Release History - 18 Dec 2023 at 11:25 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/b82f2462-70a2-4698-8fa3-1238063fb762 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/b82f2462-70a2-4698-8fa3-1238063fb762 18th December 2023 - Opportunity notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/Attachment/ba60d8ce-1129-40f7-93fb-eb72d673e3dc - https://www.contractsfinder.service.gov.uk/Notice/Attachment/35f36c2c-e0cb-4c76-93c0-e15b2fb98c19 ## 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-b5fd17-6a0b85e7-733f-48aa-ab58-536502cd0050. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-6a0b85e7-733f-48aa-ab58-536502cd0050.json.